Women’s Finances Point to a $10 Trillion Market for Wealth Managers

Rising compensation and stock awards as more women reach senior roles are expanding their financial influence. At the same time, an estimated 53% of assets controlled by women remain outside professional management, compared with 45% for men. The estimates point to a $10 trillion market opportunity for wealth managers.

Anna Maria Nekoranec, CEO and co-founder of Align Private Capital, said women’s compensation and stock windfalls need planning. “These windfalls need to be planned for,” she said.

U.S. households are projected to transfer $124 trillion through 2048, with women expected to receive substantial sums.

Karla D’Alleva Valas, Fidelity’s head of private wealth management, urged women to set aside time to manage their finances. “All of us need to measure ourselves on our level of engagement,” Valas said.