Older women are getting richer. How will wealth managers adapt?
The gains from experimentation could extend beyond older women
ELLA PRICHARD found herself rebuilding the family fortune after Lev, her husband of 46 years, died during the global financial crisis. She went from having little to do with the finances to firing the family’s longtime advisers at JPMorgan Chase, interviewing banks and eventually hiring a team at Brown Brothers Harriman. “That move from smiling spouse to client was not easy,” the 80-year-old says.
This article appeared in the Finance & economics section of the print edition under the headline “Rich pickings”
Finance & economics May 8th 2021
- Will going digital transform the yuan’s status at home and abroad?
- Why foreign banks’ forays on Wall Street have gone wrong—again
- The broader lesson from booming copper prices
- Greece’s bumpy road to financial respectability
- Older women are getting richer. How will wealth managers adapt?
- Could sending criminals to prison be good for their kids?
- A new age of suburbanisation could be dawning
From the May 8th 2021 edition
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