Where Hiring Women Advisors Is More Than Talk
Advisor Group, a network of independent wealth management firms headquartered in Phoenix is among the firms that are concentrating resources on female professionals and clients.
A need exists to have specialized recruiting and educational programs to help women transition into the industry, Kristen Kimmell, Advisor Group’s executive vice president of business development, and Erinn Ford, executive vice president of advisor engagement at Advisor Group, said in an interview.
Why aren’t there more women in the profession?
“That is an important question,” Ford said. “It is often estimated that the percentage of women advisors is as low as 18%. If the industry numbers are going to change, it will take a commitment to action from the leadership teams at firms. Advisor group has a Women’s Advisory Board, which was designed to help women advisors grow their businesses.”