Wealth Has a Gender

It doesn’t matter how wealthy you are, there will always be gender discrimination. A global study by the Boston Consulting Group has highlighted how a majority of wealthy women feel they get second-class treatment at the hands of financial advisors as compared to men. About $20 trillion, or 27 per cent of global wealth, is owned by women, but that has not helped change this mindset. The study cautions wealth managers to take a nuanced approach towards women clients.

It doesn’t matter how wealthy you are, there will always be gender discrimination. A global study by the Boston Consulting Group has highlighted how a majority of wealthy women feel they get second-class treatment at the hands of financial advisors as compared to men. About $20 trillion, or 27 per cent of global wealth, is owned by women, but that has not helped change this mindset. The study cautions wealth managers to take a nuanced approach towards women clients.