Corporate Insight: Mutual Fund Firms Fall Short in Providing Financial Advisors with Resources to Address the Unique Needs of Female Investors.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. -- Corporate Insight, a leader in researching and benchmarking the customer experience at financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms, recently examined web-available resources to help advisors address the unique needs of female investors. With increases in divorce rates and the difference between average death ages for men and women, fiscal responsibility has become as much an imperative task for women as it has for men. Some experts suggest 80-90% of women will manage their own finances at some point in their lives. Despite this rapidly growing market segment, mutual fund firms don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. seem to be responding to this expanding opportunity with education, tools, and materials specifically intended for female clients. "Of the seventeen firms we follow in this space, only six provide any type of materials and resources specifically designed to court this important market segment," said Alan A`lan´ n. 1. A wolfhound. Maginn, Senior Analyst at Corporate Insight and author of the Mutual Fund Monitor-Advisor report. "With so few firms addressing the topic, it is difficult to make sweeping generalizations regarding the industry's reaction to women investors. One we can make based on what we have seen is that the segment, from a website perspective, is vastly underserved." In this 31 page report, entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: : "Women and Investing: Shifting the Traditional Sales Paradigm", Corporate Insight takes an in-depth in-depth adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis look at web-available resources that advisors can use to help support their female investor base. This report looks at seventeen mutual fund firms, and includes detailed findings of each firm's offerings, analysis, and recommendations on how to improve or enhance their resources to help advisors serve this important segment. For more information on this research and related services, please visit: www.corporateinsight.com. About Corporate Insight Corporate Insight is a leading provider of competitive intelligence, analysis, and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to the financial services industry. Founded in 1992, the firm has a blue-chip client base of industry leaders who rely on the company's commentary and insight gleaned through years of research examining the issues and trends that have shaped the industry. CI monitors the top firms on an ongoing basis, measuring, analyzing, and communicating industry best practices. Its products include Bank Monitor, Broker Monitor, Credit Card Monitor, e-Monitor, Mutual Fund Monitor, Mutual Fund - Advisor Monitor, and Annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Monitor, as well as custom project work. For more information, please visit www.corporateinsight.com. |
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