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Wealth Management Needs More Women Advisors - RBC Dominion

Nick Parmee

9 September 2008

As part of its aim of developing its women investment advisors, Canadian wealth manager RBC Dominion Securities is currently hosting a national Women in Wealth Management Symposium in Vancouver.

David Agnew, national director, RBC Dominion Securities, said: “As wealth management becomes increasingly relationship-based, women are well-positioned to capitalise on their expertise in this area. We also need to be representative of our clients. Our industry needs more women to reflect the reality that women increasingly manage their financial affairs on their own.”

According to Investment Advisor magazine, 80 to 90 per cent of women will be solely responsible for family finances at some point in their lives and women prefer women advisors to men two to one.

The symposium is designed to assist women in addressing the wealth management needs of their clients.