The financial advisory profession has never been more in need of talented women — particularly given the growing and increasingly wealthy female investor population. Yet women account for only about 30 percent of financial advisors, with an even larger gender gap in the profession's top practice management and client-facing roles.
What's needed for women to advance in this challenging yet opportunity-filled environment?
To find the answer, I went straight to the source and recently hosted a registered investment advisor Leadership Summit for Women in Advisory, with C-Level executives from some of BlackRock's largest clients nationwide.
In a session titled "Challenges Women Face & Personal Stories," senior women reflected on personal journeys to achieve success and critical lessons learned along the way.