While their husbands are still alive, few women plan to leave their financial advisor.
Yet in the months and years after they become widows, up to 70 percent do just that, according to some estimates.
Even with greater equality between the sexes, gender differences remain in many marriages, with men often taking lead on finances. According to a survey by Fidelity Investments, women do not believe in their ability to be financial decision makers. But more than half of men do have confidence in their own abilities—and their spouses have more faith in their abilities, too. Surprisingly, younger women hold this view the most.