Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .




High net worth females are exploring wealth management earlier than ever and almost a decade before their male peers, according to new figures from, the independent, free online matching service.

Over the past year the average age of female users of has fallen from 50 to 43, while the average age of male users has remained stable at 52.

Lee Goggin, co-founder of, says:

“Today, 1 in 10 UK millionaires are women* but achieving financial independence is a priority for much of the female population. We’ve noticed high net worth women are looking for wealth management earlier in their lives, and in fact far sooner than men. Recent developments around pensions in particular have highlighted the need for proper financial planning and it seems that women have really taken this on board.

FAWM logo - Global Banking | Finance“We find it’s often the case that significant life events – like starting a family, changing career, getting married or conversely getting divorced – push women to seek out a wealth manager. These kinds of changes make them realise they need to take steps to safeguard their financial future. We don’t think it’s a coincidence that the average age UK women go through divorce is 42 and the average age of our female users is 43.”

Women are still far less active in investing than men, which is commonly attributed to fears around a lack of knowledge and stress. However, good wealth managers see educating their clients and ensuring their peace of mind as fundamental.

Lee Goggin continues:

“Women hold more wealth than ever now and we’d like to see greater numbers taking a more proactive role in managing that wealth. Whether she is a high-flying entrepreneur or a retiree looking to maximise investment income, today’s woman cannot afford to ignore the benefits of taking proper financial advice.”

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post