There is a changing face of wealth in North America. Moving forward women will represent an increasingly influential segment within the Wealth Management market.
Here are just a few important things to know about this emerging market.
• 70% of women will change their husband’s advisor(s) within one year of the death of their spouse/partner
• 90% of women will be required to play the role of sole financial decision maker at some point in their lifetime
• By 2026, women in North America will control close to half of all accumulated financial wealth
This target market represents a significant amount of future business for professionals. Therefore, are you already working in this market? If you are, are you doing what is necessary to become an advisor for life? If you are not already working in this market, what is preventing you from doing so?