Women and wealth

Just spotted the following on Gill Fielding's blog which you can check out at www.wealthcompany.com

Wealthy women!

I used to be part of an investment group known as the wealthy women so a headline about the rise of super rich women caught my eye last week.

Apparently seriously wealthy women are on the increase – so much so that women millionaires aged between 18 – 44 now outnumber their male counterparts. It is estimated that women will hold about 60% of private wealth (estimated at £670 billion in net liquid assets) by 2025.

Now I don’t ‘cater for’ women as a specialised niche but Nicola Horlick (the famous investment manager) certainly does and she has set up a women only wealth management service for those of us who have at least £200k tucked into their hand bags. The service is called Bramdiva – but it doesn’t appear to have a web site yet.

I find it hard to reconcile these astonishing statistics with the knowledge that women still earn less than men in the work place and women are still hugely under provided in pension’s terms.

Still, Nicola Horlick is a formidable lady and I won’t argue with her when she says, “A woman’s place…….. is in the money”.