here are a few financial careers you could go for irrespective of your gender
Joy says asset management is a great career track for women, especially when they work with boutique, independent companies like she does, where there are fewer gender barriers than in traditional wirehouses. What’s more, while the asset management field is still male dominated, Joy says, “You can stand out as a woman, and if you can prove yourself, there are great opportunities for advancement.”
Investment Advisor Representative
For women seeking a career in the financial services industry, Zing recommends focusing not only on what skills they have, but also what kind of environment they want to be in. “Every firm within the industry has its own style; its own perception of integrity, client service and expertise,” she says. Women should consider what kind of work-life balance they need, then look for the type of position and the company that can meet those needs.
Zing sees advantages to being a woman in her field, particularly in the area of communicating with clients. She says a woman’s sensitivity and empathy can be more comfortable for many clients. The same traits that some see as an advantage, others might see as a disadvantage, however. Zing says some clients might see a woman advisor as possibly unreliable if they believe they rank below a woman’s other priorities, such as her home, spouse or partner and children. “They believe we are trying to manage a business and manage a household all at the same time. And while many of us do,” she says, "clients sometimes measure a woman’s success at balancing both aspects of her life without her opinion or feedback."
Money Manager and Investment Advisor
here are many things she likes about her job that other women may find similarly appealing: “My practice focuses on women and that means I'm involved in networking, community and charitable activities with other women,” Itkin says. And in addition to the satisfaction she says she gets from helping women learn how to generate monthly income by writing covered calls and from inspiring women to take control of their financial futures, Itkin enjoys having a job where no one tells her she needs to sit at a desk from nine to five. “Many women would love having a job where they spend time socializing with other women and have flexibility to work out, pick up the kids and prepare dinner,” she says.
The downside is that “lots of women feel uncomfortable working a room, so building a client base might be difficult for them,” says Itkin. But, she says, “I feel very comfortable entering a room full of people I don't know and making new connections.”
Female financial planners can face challenges in their work, however. Exhibiting softer traits can make women be considered “too soft,” Harris says. What’s more, “I feel being in a male-dominated environment can be intimidating. You have to have a thick skin and handle rejection well,” Harris says. “When you feel you are right, stick to your guns, especially when you have the research behind you.”
The challenges can pay off. “I feel being a financial planner is rewarding in ways greater than just money. It has allowed me the flexibility to be available for my daughter and family. Also, I get to help people that need me,” Harris says. “Lastly, I get to establish my own terms for my business and its direction. I am not saying it is not hard work, because it is. But there is satisfaction knowing you are in the right place doing what you enjoy.”