Danger! When it comes to steering the financial ship, women are hesitant to make waves
That’s the subheading of the InvestmentNews article. An excerpt:
Financial professionals themselves share some of the blame for women being out of touch on family finances, several advisers said. One of the problems is that when couples come to an adviser, husbands are often allowed to dominate the conversation about financial planning. Sometimes advisers will meet with the husband without the wife being present.
“The onus is on the financial adviser to include the wife as a core contributor to the financial planning process so that each has an equal voice,” said Vance Barse, wealth strategist at Manning Wealth Management.
See Women Whose Spouses Control the Finances may be Putting Themselves, Their Families at Risk in InvestmentNews.