Wealth Manager's Top Women in Wealth survey found that:
- Of the women who participated in the 2010 Top Women in Wealth Survey
- A whopping 82% were principals, owners or partners in their firms
- The majority, 60%, are registered investment advisors
- Of those, 70% are registered with the SEC rather than state registered
- The range in asset and clients is wide: from $13 million to $18.8 billion in assets under management (AUM), and from advising three to 1037 households
And, according to the Pew Research Center study, "Gender and Power:"
On Banker Preference: Although 48% of women and men, "say they have no preference between a male or female banker," women bankers were preferred among those who do have a preference. In some groups the preference for a woman as their banker was much higher--47% of blacks and Hispanics prefer a woman banker.
Join Michelle Smith, Amy Webber and moderator Kate McBride for a lively discussion and the latest research about women and wealth, in Five Things You May Not Know About Women and Wealth.
The Panelists:
Michelle Smith
Co-founder and Managing Director of Alexandra & James Co., LLC
A wealth management boutique and multi-family office, located in New York, for high-net-worth wealth investors. Smith is president of the firm's divorce strategies subsidiary.
Amy Webber
President and COO of Cambridge Investment Research, Inc.
An independent broker/dealer in Fairfield, Iowa, with more than 1,800 affiliated registered representatives, and more than $35 billion in assets under management.
Comments? Please send them to kmcbride@wealthmanagerweb.com. Kate McBride is editor in chief of Wealth Manager and a member of The Committee for the Fiduciary Standard.
