Top Women In Wealth Management - 2021
We are about to come into the largest transfer of worldwide wealth in the history of humankind. All of this money has the opportunity to come into your practices or your successors' practices. There will be trillions of dollars passing between generations, and women are poised to become an even bigger force within the wealth management market with all of the money in motion passing between generations and spouses. Therefore, the opportunity to work within this powerful demographic is huge for all advisors, and the more we know about the nuances of this target market, the better equipped I believe everyone will be to work with women in the wealth market.
Let's look at the overall scope of the female economy from both a global perspective and in North America. Women now drive the world economy and represent the largest market opportunity. According to the Global Entrepreneurship Monitor (GEM) Women's Report (2016/2017), the global female economy represents a bigger opportunity than China and India combined. Internationally, women control $40 trillion - or approximately 30% of the world's wealth. In 2016, an estimated 163 million women were starting or running new businesses in 74 worldwide economies, and an estimated 111 million were running established businesses. Not only does this show the impact of women entrepreneurs across the globe, but it also highlights their contributions to the growth and well-being of their societies. Women entrepreneurs and their businesses provide incomes for their families, employment for their communities, and products and services that bring new value to the world around them.
In North America, a Women and Wealth report (IPC Private Wealth and Strategic Insight) predicts that from 2016 to 2026, women in Canada will inherit financial assets of approximately $900 billion in personal wealth. In the U.S., women currently control 51%, or $14 trillion, of personal U.S. wealth, and this amount is projected to reach 66%, or roughly $22 trillion, by 2020. They call this transfer of wealth directly to women "money in motion." As women increase their wealth as a result of career advancement and entrepreneurship, a strategic approach to wealth management becomes increasingly important. At any career stage or wealth status, female earners need to take control of their financial wellness and ensure wealth management strategies and guidance are tailored to the unique values that women embody and embrace.
In this issue of Women Entrepreneur Magazine, a list of Top Women In Wealth Management - 2021 is provided to the readers. The listing is provided for informing the excellency of women in Wealth Management India. The listing is prepared by a team of industry. veterans, CEOs and VCs, and the Women Entrepreneur Magazine editorial team.
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ART Housing Finance
She is experienced Company Secretary with a demonstrated history of working in the financial services industry. Skilled in Drafting, Business Planning, Corporate Communications, and Management
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Convanto
With over 20 years of experience in the industry, Vandana is the mastermind who started Convanto to help small, medium and large enterprises to raise capital, find their product-market fit and implement a successful go-to-market and branding strategy
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Finpenny
She is an AMFI registered Mutual Fund Distributor with a Master Degree in Commerce. She also obtained Certified Financial Planner Certification from FPSB India
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Konfido Advisors
She is a fine example of a leader who proved her strength by moving out of her comfort zone. She believes in open-minded learning. To deduce the journey of Sathya, Women Entrepreneur India presents an exclusive interaction with her
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MIRR Investments
She aims to usher into a deep cultural shift in individuals and more so among women regarding financial independence, literacy and inclusion. Over the years she has influenced many young adults to take that step toward `financial freedom'
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Indusion Consulting
Her goal is to develop an effective and long standing relationship with our clients by developing a customized solution for each engagement.
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Turtle Wealth Management
With Over 11 years of experience, Vibhati aims to create wealth and provide security at the same time, in any asset class because preservation of capital is as important as creation of capital
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Sanctum Wealth
Her aim is to built a firm which focus on providing growth capital & operational expertise to building businesses around disruptive technologies, supply chain services, food & agriculture industries
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Credence Family Office
Aravinda has over 20 years of rich domain experience in client servicing. Over the years, she has built a committed team and manages some of the most respectable business families, entrepreneurs, and senior corporate heads in India
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Finnovators Services
She has successfully combined a fusion of Social Work and Finance and has created a cutting edge in financial counselling since last 20 years.