CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138

CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138
The network for financial advisors The network for financial advisors
Rare 5 Visvim Maliseet Shaman Folk Suede FBT Moccassin Shoes 9,
NEW CHRISTIAN LOUBOUTIN Lou Spikes Flat Suede Textile Louis Orlato Sneakers EU41,COMMON PROJECTS Original Achilles Low Tan Size / US 10 - 10.5,Adidas Superstar Xeno AQ8180 Casual Shoes Green Medium (D,M) Men,Men Hugo Boss Shoes Maze_Lowp_Neo2 Sneakers Black Size 11,Skechers 65258 USA Mens Recent Kendor Slip-on Loafer- Choose SZ/Color.,$1075 BRIONI Suede Crocodile Leather Tassel Shoes Loafer Size 10 US 43 Euro 9 UK,Diesel Mens Sneakers D String Low Estate Blue India Y01107 P0956 H4902 Size 9,BALLY CASUAL/DRESS SHOE, SUPERB CONDITION, SIZE US 7.5,,Charles Tyrwhitt Navy Langford Driving Shoes, Loafers, Moccasins, As New Size 11,Nike Off 18Ss Zoom Fly Mercurial Fk Ow Sneaker 25.5Cm 120818 (76354Man/Woman Nike Low-Cut Sneakers 27.5Cmbeg Shoes (76417 Adequate supply and timely delivery At a lower price Different goodsGentleman/Lady Quiksilver Men's Molokai Techtonics Sandal Clearance price New products in 2018 Maintenance capability,BUDWEISER MENS FLIP FLOPS SIZE SMALL 7-8 MENS SUMMER SHOES BEACHWEAR FUN,AIRWALKS Mens Brown Leather Sandals Adjustable Straps Size 8 ½ EUC,Men/Women Crocs Crocband Clogs - Black Quality queen Win the praise of customers value,VT572 - Vass OLD ENGLISH - Cognac Museum - /US9/UK8 - F LastDr Doc Martens 0078 Brown Leather Mens Shoes UK5/USM6/USL7,New $695 Ermenegildo Zegna Extra light Shoes NAT SLD 7 US ( 40 Eu ) Italy,CLARKS ORIGINALS DESERT BOOT SAGE GREEN YELLOW BOTTOM MENS SHOES BOOTS 69972,PUMA Ferrari Future Kart Cat Men's Motorsport Shoes Men Low Boot New US 10.5,Lucasarts Lucien Piccard Mens Amici Quartz Stainless Steel and Black Leather,Oakley Super Coil 2.0 Red Line Casual Beach Sport Sandals - Men's Size 8,Deadstock Limited Greco Supreme shoes from JAPAN F/S,Luxury Designer Walking Shoes - Unisex - Mens Size 11Duralite Slide Black Mens Sport Slippers Slip on Shoes Sandals Flip Flop Pool,Converse x John Varvatos Black White Studded 151295C Brand New Mens 12 R384Christian Louboutin Men's velvet spike Studded slip on Rock Shoes US 9 eu 42,HOGAN MEN'S SUEDE SLIP ON SNEAKERS NEW H358 BLUE 8D0Converse PL 76 Pro Leather Low Top White Red Lunarlon Men Casual Shoes 155321C,Gentleman/Lady Men’s Navy Hush Puppies bargain Upper material Most practical,
Now Reading: The Latest
Gentlemen/Ladies Wesco Jobmasterus8.5Red Leather Shoes (89066 Rich design At a lower price Reliable reputation,
search goes here

CLARKS Black, Men's Unelott Plain Oxford, Black, CLARKS 12 M US 5bd138

  • April 09 2018, 1:00am EDT
More in

Female financial advisors have the widest wage gap of all occupations tracked by the U.S. Department of Labor.

Here are 10 things to know about the gap.

1) The pay gap is huge for advisors. Overall in the U.S. economy, women earned about 82 cents for every dollar male workers earned in 2017. Critics of that statistic will often point out that the wage gap can partly be explained away by the different industries in which women and men tend to work.

Drilling down to specific occupations, though, paints a particularly bleak picture for female advisors: They earned just 59 cents for every dollar their male peers earned last year.

To be clear, that statistic only includes full-time advisors who work 35 hours a week or more, so it’s not dramatically distorted by women who may work part time. The pay measure also includes salaries and commissions, but not one-time payments such as annual bonuses.

2) The gap is persistent. The 59-cent gap for advisors is the widest of all occupations the Department of Labor tracks on that statistic — a distinction that has been true for two years in a row.

These aren’t statistics to be proud of, and the CFP Board wants the disparity to change. Earlier this year, the industry group appointed Kathleen McQuiggan, a wealth manager for Artemis Financial Advisors and longtime women’s advocate, to serve as a special advisor on gender diversity. She describes a “myth of the meritocracy” at financial firms.

“Every firm is claiming to be a meritocracy,” she says, but once firms drill down into their own internal data, they often find a pay gap. She recommends firms adopt more-transparent compensation structures and standardized job descriptions to eventually get the industry to pay equity.

3) It’s better in other areas of finance. While finance, in general, has historically not been known as an egalitarian place for women, other financial professions offer a far narrower pay gap than the advisory route.

Female accountants, for example, earn 77 cents on the dollar, and female financial analysts earn 86 cents to a man’s dollar.

7) Fewer women at the top. Women are less likely than men to be in top leadership roles. About 39% of women owned all or part of their practice in 2013, versus 63% of men, the Aité Group study shows.

And at RIAs, only 20% of firm equity goes to women, the Schwab study shows.

8) Unfair treatment is part of the problem. When advisors engage in misconduct, women are not judged on equal footing with men.

In fact, a 2017 academic study shows female advisors are punished at substantially higher rates relative to male advisors, even when they commit errors that are far less costly. That study, called “When Harry Fired Sally,” also wasn’t shy about naming specific firms. Wells Fargo was the worst offender. There, women were 27% more likely than men to experience a “job separation” after engaging in misconduct.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Already have an account? Log In

Don't have an account? Register for Free Unlimited Access

Like what you see? Make sure you're getting it all

Get news and analysis for independent advisors.

Financial Planning

© 2018 SourceMedia. All rights reserved.
Disney Perry The Platypus Big Face Phineas And Ferb Youth Boys Flip Flops,
Men's Mesh Light Athletic Sandals Breathable Beach Slippers Casual Shoes Ths01,