The headlines keep reminding firms: Hire women advisers. And with a lot of good reason behind them.
Of course, it’s politically correct to do so and satisfies a diversity initiative. From a business growth perspective, studies have shown that women clients prefer to work with female advisers. And it’s always a public relations bonanza to hire women.
While women may be reading this and cringing, truth be told, these statements represent the world we work in. As a woman — and having worked with many of the industry’s leading firms and top female advisers — I’ve heard the story from both sides of the table.
The reality is that these sentiments, coupled with a greatly expanded landscape, spell opportunity for those female advisers who are looking to change firms or business models.
