For our second annual women’s issue, Investment Advisor spoke with several female executives and business owners for an inside look at the state of women in the industry. We discovered that while there aren’t enough women in the industry, the problem isn’t that women aren’t interested or wouldn’t be good at it—they just don’t know much about the profession.
Check out the October cover story to get insights from leaders like Kim Dellarocca of Pershing, Janet Stanzak of FPA and Amy Webber of Cambridge about how to attract more women to an industry that desperately needs to bring in new talent if it wants to sustain itself.
Plus, visit the Women in Wealth Management home page for additional coverage on the trends and challenges women face in the industry.
Daniel Kern of Advisor Partners shares his firm’s process for blending active and passive strategies for a portfolio that integrates the benefits of high value-added active strategies with low-cost, tax-efficient passive strategies.
What Your Peers Are Reading
A 2012 report by the European Commission found companies with a gender-diverse board had a 42% higher return in sales, 66% greater return on invested capital and 53% higher return on equity. A 2010 study by McKinsey and Co. found that companies in the top quartile for gender diversity had a 47% better average return on equity and 55% better average earnings before interest and tax.
And yet the industry struggles to attract women to the profession, even as it wrestles with finding successors to firms whose leaders—most of whom are male—are on the edge of retirement.