Why Women are Underrepresented in the Financial Planning Industry
If you have ever considered hiring a financial adviser, you probably expected that your adviser would be a man.
You wouldn't be wrong in your assumption -- because the financial services industry severely lacks in female financial advisers and planners, a recent study has shown. While females represent 51% of the U.S. population and are more likely to graduate college than men, only 23% of all certified financial planners (CFP) are female.
According to the Motley Fool, women are generally turned away from becoming financial advisers because of barriers to entry into the profession they face.
The gender disparity in the financial services profession comes as a surprise, especially when one study by two University of California professors proved that women tend to be better investor...









