Wright says advisors are uniquely positioned to address these issues and to bring them to the attention of their clients.
“I think advisors do have a social mission to address these types of inequities,” says Wright. “In creating relationships with our clients’ families, we’re not just working with the parents, but with the children as well to create continuity within the client relationships. Advisors have an opportunity to help young women.”
T. Rowe Price sponsored the survey, which was conducted by Research Now in January.