Women & Investing

This post is sponsored by The Hilton Group at UBS, a Featured Partner in the Nterprisers manufacturing community. Women make up roughly 30% of the total manufacturing workforce; female manufacturing workers earn a higher median income than working women in other industries. 

Women's wealth is growing. A study by BNY calculated that if women invested at the same rate as men, there could be more that $3.2 trillion of additional capital to invest globally with over $1.8 trillion flowing into more sustainable and impactful investing.

UBS Chief Investment Office Research reports that by 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will posses. Here are some key findings:

• In 2020, females investors controlled 33% of total global personal investable wealth, and are projected to further increase this share to 35% by 2025
• The growth in women's investable wealth has outpaced men's between 2016 and 2020
• Women's investable wealth is expected to continue to grow more rapidly than men's through 2025
• Women's share of regional wealth is highest in North America, but growing fastest in Asia

What makes women's wealth journey different? 

Apart from pay differences, career breaks and the greater need to work flexibly for childcare can have a detrimental impact on wealth.

Women tend to live longer than men, so their wealth planning needs must often span a longer time horizon. Often, women are more reluctant to take financial risks than men, which can be seen in women's pension allocation that favor bonds versus equities. If they take less risk in their investment portfolios, they actually could be at greater risk of falling short of their goals or not meeting their objectives.

The Hilton Group at UBS is a Newport, RI-based, private wealth management team that partners closely with business owners to help them make intelligent financial decisions, both personally and professionally. The Hilton Group's Consultative Wealth Management Process focuses on five key areas like wealth preservation, tax efficiency, inter-generational wealth transfer, and charitable planning.

For more information on women and wealth, contact The Hilton Group Senior Vice President, Wealth Management Financial Advisor Kara Museler at 401-843-8828. Or, connect with Kara via the Nterprisers Partner Directory here.