Aligning Wealth With Purpose: Women Taking the Lead
Insights, Tips, and Resources for Women Advisors Supporting Women of Wealth
Authors: Abby Newcomer, Chelsea Lord
As has been widely reported, trillions of dollars of wealth will be transferred from one generation to the next over the next two decades, and women are expected to inherit the majority of this fortune. Additionally, more women are emerging as wealth generators. Women today have achieved greater educational attainment and more professional experience than ever before. These factors mark the start of a new era of female economic power, the effects of which will ripple across society and sectors, with a bearing on social impact.
At FWA’s 2024 summer gathering, most attendees consisted of women wealth advisors, a group that represents just 15 percent of the sector. There was a strong sense of community, camaraderie, and palpable excitement about the opportunity to support female clients on their impact journeys. We believe women wealth advisors are uniquely positioned to meet these needs and that the upsides will be seen across communities and throughout the philanthropic, impact investing, and nonprofit sectors.
In this paper, we’re pleased to share our own insights and strategies for women wealth advisors supporting their clients to align their wealth with purpose, as well as those from the expert panel.
