What is it about?
Females constitute only 20 per cent of Australian and 23.5 per cent of New Zealand Financial Advising Professionals (FAPs). The study looked into the organisational structures of workplaces, advisers’ preferences, and stereotypical discrimination. It identified barriers for women, and the adaptive strategies they employ to overcome them.
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Why is it important?
The authors highlight that as there are now greater proportions of female investors and independent retirement savings planning, there is strong potential for female advisers as well as the organisations they represent to thrive if conditions were more suitable.
Perspectives
I hope this article opens up discussion and leads to more women participating in the financial advice industry.
Dr Daniel Richards
York University
Read the Original
This page is a summary of: Female financial advisers: Where art thou?, Australian Journal of Management, December 2019, SAGE Publications,
DOI: 10.1177/0312896219896389.
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