Skip to content

No great job for women

November 11, 2011

»The securities industry doesn’t do a great job for women« claims Sallie Krawcheck. The former head of Bank of America’s global investment management unit in a recent interview stated, that Wall Street should also become more relevant to a younger generation. As these clients are more sceptical of the industry due to tarnished reputation, the lack of female advisers pose one of the biggest challenges for the wealth management.

The Wall Street statistics speaks for itself. Women make up only 17 percent of advisers in the financial industry today. In senior management positions, that number is even smaller. On the  other hand young women are becoming wealthier by year. “We do have large groups of people – women – who are underserved by our business” concluded Krawcheck, who is often perceived as one of the most powerful women on Wall Street.

Advertisements

From → Hic Salta

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: