In this episode of Planner Unplugged Goes Global, Cary Carbonaro, CFP®, MBA, author of Women and Wealth, joins host Sahar Nazir to discuss one of the most significant shifts facing the financial services industry: the growing influence of women in wealth management.
With women projected to control nearly two-thirds of U.S. wealth by 2030, Cary explains why financial advisors and firms must rethink traditional approaches to client relationships. The conversation explores the challenges women often face when working with advisors, the importance of financial education and transparency, and how firms can better position themselves to serve the next generation of wealth holders.
Key topics discussed include:
• The Great Wealth Transfer and what it means for financial advisors
• Why many women leave their financial advisor after the loss of a spouse
• The role of education, empowerment, and empathy in financial planning
• The importance of CFP® certification and professional standards
• Increasing diversity within the financial planning profession
• Transparency in advisor fees and lessons from the UK’s Consumer Duty regulations
• How firms can create a more female-friendly client experience
