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It’s subtle. It’s anecdotal. But, it’s happening.
More women are becoming involved in their family’s single family offices (SFOs). Matriarchs, daughters, granddaughters and even, in some cases, in-laws, are finding a range of roles stewarding their family wealth. In tandem, more women are becoming substantial wealth creators, and with their new-found wealth, they’re setting up their own SFOs.1 This rise in the influence of women is boosting a change that’s occurring in the tenor of SFOs and how they’re seeking to be served from wealth management providers and advisors.
Women tend to take a holistic approach to how they feel about money.2 They often look at wealth in terms of how it can be used to help achieve things that are important to ...
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