At FireMyAdvisor.com we often talk about how women investors are more likely to be unhappy with their financial advisors than any other group of people. How do we know? Here’s a link to a 2009 study from Boston Consulting Group called, Women Want More (in Financial Services) with a very thorough look at the subject. https://www.bcg.com/documents/file31680.pdf

Here are a few highlights: “Many women believe their gender is a key factor in the disrespect and condescension they have often experienced and the poor advice they have received in the industry.”

“Our survey respondents had a few scathing things to say, reporting that they have often experienced disrespect, condescension, poor advice, contradictory policies, and a seemingly endless obstacle course of red tape and one-size-fits-all forms that have left them annoyed and exhausted.”