Female planning bosses more likely to hold Masters
Female planning practice principals or chief executives are more likely to hold a Masters than their male counterparts, the Money Management Salary Survey reveals.
Data from the survey found that 40 per cent of female planning bosses held a Masters, while just 10 per cent of male practice principals, chief executives of managing directors reported their highest academic qualification was a Masters.
However, the survey found that almost a quarter of male respondents had a Post Grad as their highest qualification, while a further 26 per cent holding a bachelor's degree.
While 60 per cent of female respondents reported a Diploma in Financial Planning (DFP) or an Advanced DFP was their highest qualification, with just over a third of male respondents reporting that a DFP or Advanced DFP, with three per cent saying high school was their highest level of education.
Recommended for you
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
