Women value a personal advice service more than men

‘A personalised approach can help women look after their wealth’

Isabel Baxter
clock • 1 min read

Women value a personal advice service more than men, according to JM Finn

The wealth manager's Wealth in Women's Hands report found the main driver of satisfaction for female clients was the personal relationship. It also found that while many women are becoming more affluent, they are still less likely than men to invest their money or use wealth planning services as only one in ten women said they understand investment. The reasons included for this is because of the jargon used, the report found. Out of the women included, 23% said they lack confidence managing their money. Understanding what drives satisfaction for different clients is essential as w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Margetts Wealth directors complete management buy-in

Margetts Wealth directors complete management buy-in

West Midlands IFA to remain independent and owner-managed

Jenna Brown
clock 21 November 2024 • 2 min read
All the advice firm acquisitions that have taken place in 2024

All the advice firm acquisitions that have taken place in 2024

Keeping track of the ongoing consolidation of the advice industry

Professional Adviser
clock 20 November 2024 • 3 min read
Advisers concerned Budget impact on clients will be negative

Advisers concerned Budget impact on clients will be negative

Pensions and IHT expected to impact more than half of clients

Isabel Baxter
clock 20 November 2024 • 2 min read