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Bridging the Investing Gender Gap: How Advisors Can Help

A new study suggests that outdated gender norms impact women's interest in investing, but financial advisors can help close the gender investment gap by engaging women as clients and challenging biases.

by Mark Eisenberg
Wed, Aug 16, 2023 10:50pm
in Investing
• 2 mins read
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Bridging the Investing Gender Gap: How Advisors Can Help | FinOracle

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Outdated Gender Norms Impact Women’s Interest in Investing

An Aug. 13 academic paper found that women are less likely to be gifted stock than men — receiving just 38.8% of all stock gift cards for an online trading app. When women or girls were gifted stock, the amount on average was 21.9% less than what men received, reflecting a bias that women are less interested in financial matters. “Gift givers usually tailor gifts to the recipient’s interests or at least their perceptions of the recipient’s interests,” the researchers wrote.

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