US female investors reluctant to pay a financial adviser - report

Female investors in the US have expressed less interest in both managing their own accounts and paying advisers to act on their behalf, than male counterparts, according to the latest Cerulli report. In the Cerulli Edge - US Retail Investor Edition, the report suggests that to better serve women investors in the US the providers must seek alternative opportunities to "alter this dynamic.   One of the most notable differences between investors on a gender basis is the desire to be actively involved in day-to-day management of their portfolios. Only 41% of female respondents voice an in...