More than two thirds of women prefer female financial advisers

Women feel ‘less judged’ discussing their finances with other women

Sahar Nazir
clock • 1 min read

More than two thirds (69%) of women prefer to speak to a female financial adviser, according to a report by Handelsbanken Wealth & Asset Management.

It's latest report, ‘Gender and generation: unravelling the wealth gap', highlighted a gender divide in the sector and how it is affecting women's ability to build wealth. Head of wealth management PK Patel said: "Another year, another International Women's Day - and yet more evidence highlighting the ongoing disparity between men's and women's finances across the country." The report suggested that women feel more comfortable discussing their finances with other women - potentially feeling less judged or belittled. The research showed that on average, over two thirds (69%) of wome...

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Sahar Nazir
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Sahar Nazir

News Editor at Professional Adviser

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