What Stops Women in Finance? It’s Culture, Culture, Culture: All the well-meaning policies the industry rolls out to promote women will be ineffective until the cultural perceptions of the industry change.
Joel Burstein, a former Raymond James branch manager, has been barred from the industry for ten years and agreed to pay $80,000 for helping his former father-in-law cover up investment fraud.
While they aren't hitting the industry target of 15 percent annually into their 401(k) accounts, most millennials are probably doing better than many advisors might expect.