{"id":542639,"date":"2026-03-24T16:35:11","date_gmt":"2026-03-24T16:35:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/542639\/"},"modified":"2026-03-24T16:35:11","modified_gmt":"2026-03-24T16:35:11","slug":"more-women-enter-wealth-management-but-few-in-advisory-roles-study","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/542639\/","title":{"rendered":"More women enter wealth management, but few in advisory roles: study"},"content":{"rendered":"

Contract, woman and advisor in office for signature, information or document for job application. Advice, client or human resource agent with paperwork for registration, opportunity or deal agreement<\/p>\n

Jacob Wackerhausen | Istock | Getty Images<\/p>\n

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.\u00a0Sign up<\/a>\u00a0to receive future editions, straight to your inbox.<\/p>\n

More women are entering the wealth management industry, but they have yet to gain ground in client-facing advisory roles, according to a recent study by private wealth intelligence platform Fintrx. <\/p>\n

While the data shows improvement in the industry’s gender gap, the nuance is still notable. Revenue-generating roles are generally better paid and more conducive to leadership roles, according to Fintrx Vice President of Data and Research Emily Goldman.<\/p>\n

“Underrepresentation here directly affects female employees’ earnings,” Goldman said. “And that lack of opportunity for leadership and ownership is also going to affect their long-term earnings.”<\/p>\n

Younger women are making inroads in wealth management overall, with women accounting for 37.6% of registered professionals aged 20-30, according to Fintrx. For the 30-40 and 40-50 age brackets, the share of women hovers below 27%. <\/p>\n

The shift comes as women’s wealth<\/a> is expected to boom in the coming years. Cerulli Associates estimates $105 trillion in wealth will be passed down to heirs through 2048, with $54 trillion going to spouses. As women tend to live longer than men, they will likely receive the lion’s share.<\/p>\n

However, while young women are entering the industry in greater numbers, the growth is concentrated in administrative or operational roles, according to Goldman. <\/p>\n

Women account for just 20.2% of producing advisors aged 20 to 30, a percentage near identical for advisors aged 30-40 and 40-50. The share is only modestly higher than that of advisors aged 50-60 (18%) and 60-plus (17.1%).<\/p>\n

This gender gap is also reflected in the C-suite, according to Fintrx. Women make up 21.5% of C-suite roles at wealth management firms and are more likely to occupy COO or CFO roles than chief executive or investment roles, the company found. <\/p>\n

“This points towards firms needing to create better pathways to these revenue-generating roles and leadership,” Goldman said. “Because when you enter in operations, compliance, legal \u2014 there isn’t an easy segue to these book-owning roles, and then long-term strategic leadership roles.”<\/p>\n

She noted that an increasing number of women advisors are setting up their own firms. In 2025, there were 39 new female-founded registered investment advisory firms, up from 30 in 2021.<\/p>\n

“I think that we’ll see more and more women break out on their own if they’re unable to advance as much or as quickly at wirehouses or larger firms,” she said. <\/p>\n

Get Inside Wealth directly to your inboxChoose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Contract, woman and advisor in office for signature, information or document for job application. Advice, client or human…\n","protected":false},"author":2,"featured_media":542640,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,122,147,530,2603,13951],"class_list":["post-542639","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-business-news","tag-personal-finance","tag-personalfinance","tag-social-issues","tag-suppress-zephr"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/542639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=542639"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/542639\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/542640"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=542639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=542639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=542639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}