Despite efforts to increase the representation and advancement of women investment advisors (IAs), progress has been slow, and challenges persist. However, as women IAs play an increasingly vital role in the success of the wealth management sector, their retention and career development are shaping up to be a gamechanger for firms. VersaFi’s Women in Wealth study offers actionable recommendations to help firms address ongoing challenges, foster more equitable environments, and support women in growing their practices and advancing their careers.
Women on Boards: Global Trends in Gender Diversity on Corporate Boards
Research conducted for this report state that companies with women in strong leadership positions generate a return on equity of 10.1% per year vs. 7.4% without. The MSCI uses this business case to make the argument that quotas are necessary to reach the goal of 30% female representation in a timely manner.