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Editor's comment: we need collective effort to support women in advice

New Model Adviser® editor Will Robins argues there needs to be a collective effort from everyone involved in advice to recruit more women and support their promotion.

Editor's comment: we need collective effort to support women in advice

You will have noticed we have just published this year’s Top 35 Next Generation Advisers list. We first published our list of top advice professionals aged 35 and under last Christmas. Back then it had the suitably festive title Rising Stars.

We have renamed it this year because ‘Next Gen’ is becoming a recognisable badge in the profession. Our Next Generation Adviser email was launched two years ago, and has been very popular. 

The NextGen Planners group is a collective run by young advisers aiming to bring new people into the profession (of any age) and help fast track the development of those in advice. It has also become an important voice.

One nagging issue remains, though: gender imbalance. We still received many more entries from men than women: out of 183 entries, 37 were from women. This was roughly reflected in the final list where 5 of the 35 were women. 

More needs to be done. That means firms being proactive. Maybe more women should be featured on these pages too. I have been told how important it is to see diversity among those we turn to for comment and profiles.

This is why projects like the women in finance charter are important. Christine Dawson took a look at the charter, and the issue of gender balance in advice, in an article this week.

Meanwhile one of this week’s profile stars, Natalie Wright, reveals how she was supported by her firm, Mazars. A familiar name in the planning world, Mazars also seems to have thought ahead when it comes to training.

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