Morgan Stanley Wealth Management has introduced a new initiative to support the unique financial needs of its female clients and employees.
Dubbed Women Without Limits, the new initiative includes three “pillars” of internal and external support.
Go deeper with GlobalData
The first pillar is to offer education and professional guidance for female clients through women-centric educational financial content and resources.
Secondly, the initiative aims to meet the needs of local communities by offering access to financial literacy resources via national partnerships and affiliations like Girls Scouts of the USA.
The third pillar is career support, where the firm will showcase its existing female leaders, foster workplace equality and developing initiatives to encourage young female talent.
Morgan Stanley managing director, head of Wealth Management Diversity and Inclusion Kara Underwood said: “Women Without Limits encompasses highly-curated and impactful partnerships, programmes and resources that are independently impactful but, when combined, provide a valuable platform to help female clients grow their wealth, empower women and girls in our local communities, and support female employees to develop and thrive in their careers.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe bank will host its inaugural event from September 30 to 1 October for its financial advisers, employees, recruits and leaders.
Morgan Stanley Wealth Management executives as well as speakers such as WNBA Commissioner Cathy Engelbert, former MetricStream CEO Shellye Archambeau, will speak at the event.
Morgan Stanley Wealth Management head Andy Saperstein said: “August 26 is designated as Women’s Equality Day, and 2020 marks a time for us to both recognise the strides we’ve made toward equality and shine a light on where we still have work to do.
“Financial literacy and equality for women in corporate America still require our attention, and we are committed to helping address these areas as crucial steps toward female empowerment.”
Meanwhile, earlier this year, RBC Wealth Management joined the WealthiHer Network as a founding member.
The Network aims to support female investors and clients in the financial services industry.
