I cannot echo this enough. There is a female in a high level position at my firm and whenever she visits we go out for drinks where she spends the entire time trying to be one of the guys. Making stripper jokes, talking about football, etc. I mean not in a natural way either. It is constant during the entire conversation and obviously forced. Maybe some insecure little betas find it endearing. However,I find it annoying and it makes me think I can't trust anything she says since she's always putting on a grotesque facade. The world has changed so much I think it best to just be yourself. Yes there may be some misogynist leftovers from the Madmen days, but their numbers are dwindling and with that their power over your career.
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I'd second hanging out with the guys part. I remember sitting down with an MD during my summer stint on an S&T desk. It was a sell day and I remember him asking me, "Why do you want to be in S&T? Honestly. Are you an idealist who wants the save the world or something?" and I just responded "..I just want to make a shitton of money." Honest? yes. Did I read him correctly? Yep. He subsequently became a great mentor that summer. I never went into S&T but we're still in contact.
The most important thing you can do to change the investment gap is simple: Educate yourself. People who understand investing are less likely to be intimidated by it and more likely to do it. It’s not hard—you’re not trying to become a derivatives trader. You want to know whether you’re on the right financial track. Check out the articles on Investopedia or anything from Ron Lieber at The New York Times. (The one on how to win at retirement savings is great.)
MS. CRONSTEDT: So, I, a year after participating in the program, sold my first business and simultaneously, I started a new one based on the knowledge and the tools that were given to me in the Global Ambassadors Program, which was a more successful company, just in short. Which was an online catering company that exists to this day, and that has--
Many companies in the financial sector are also guilty of perpetuating a male focus, Mr Tsivrikos adds. “The language and visual aspects of investing are still very male-dominated – even things such as bank notes, which have more images of men on them. The more we have female figures on money and as visual components in the world of finance, the more they will be engaged. 

MS. TURLINGTON BURNS: I think we see all ages who are interested, and it might be—obviously, it's not just people who are thinking about motherhood or pregnant themselves. This is again it's an issue that really touches a lot of people. It might be because of their own parent. It might be because, you know, like my 13-year-old, right, it's not lost in me that, you know, at this age of her life it's kind of the perfect time to be learning about these issues, well before she is thinking about whether she wants to or doesn't want to become a mom one day. But now, as she's understanding her body, and is learning about the things that she wants to do and what she wants to be in life. Like, this is like a ripe time. It's a challenging time in almost every country to be able to educate our young people about these things, but it's so important. My team at work, their ages, you know, 22 to I'm 48, so to 48. I mean it's a pretty broad age range, and I think the way that we work as a team has really helped to—like we don't really see age and numbers. It's like we're together sharing this mission and we each can kind of reach our own networks in our own way, in the way that they want to be spoken to or taught. So, we're really trying to think about that and keep an open mind about how people want to, how receptive people are, and how they want to take information in and how they want to be activated.
Younger men are far more likely to invest according to their values than their fathers were; 81% of millennial men in Morgan Stanley’s survey were interested in sustainable investing. And though fewer American men than women say they want to invest in companies with diverse leadership, the share is still sizeable, at 42%. If gender-lens investing is truly to take off, it will have to appeal to those who control the bulk of wealth—and that is still men.

Best Advice: “A lot of young people are told to do what you’re passionate about. I say do something that challenges you. Don’t’ think about it too much. I tend to overthink about whether I really like something. Nothing is going to be this absolutely perfect fit. But as long as you’re learning, you’re going in the right direction. Get on a path and start learning as much as you can. When you’re not learning as much anymore, then it may be time to take a different path. I still have a lot to learn in the finance field. It would not do me justice to shy away right now because I’m just beginning to learn.”
Do what you can to learn about investing now, because estimates show that women control 51 percent of wealth in the U.S. and are projected to control two-thirds by 2020, according to a Fidelity study. Yet women are more likely to say that "lack of investing knowledge or experience" and "too much information, or complexity of investing" are reasons they feel less confident, according to a Capital One investing survey. Consider taking an online investing course, downloading a podcast or wading through a book. (Warren Buffett's favorite is "The Intelligent Investor.")
Wells Fargo Investment Institute thanks Justin Kreiger, CFA, and John Morton, M.S., Ph.D., of Wells Fargo Wealth and Investment Management Analytics Group for the use of their research on “Gender Differences in Performance at Wells Fargo Advisors”. Wells Fargo Wealth and Investment Management, a division within the Wells Fargo & Company enterprise, provides financial products and services through bank and brokerage affiliates of Wells Fargo & Company. Brokerage products and services offered through Wells Fargo Clearing Services, LLC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. Bank products are offered through Wells Fargo Bank, N.A.
Vanessa, who started in a middle office role and worked her way to the front office, advised: ‘Don’t give up! Establish your own vision of success – you’re responsible for your own destiny.’ She continued: ‘Separate what’s in your control and what isn’t. If it didn’t work the first time, ask yourself how you can do it differently next time. Always think of the next step.’ Sophie concluded that you should ‘objectively analyse’ what happened and what you could do next time to bring about a better result. ‘Imagine you were giving advice to someone else; what would you say to them?’  
Less than half of female respondents (46 percent) said they were socking away 6 percent or more of their salaries, which means more than half are not taking advantage of the full employer-matching contribution. In general, employers match up to 6 percent of worker wages in 401(k) plans. In contrast, nearly six out of 10 Millennial males (57 percent) saved 6 percent or more of their pay in these tax-sheltered retirement accounts, the survey found.
To test his hypothesis, Coates studied the effects of testosterone and cortisol levels on investment decisions. He found a link between chemical levels and trader behavior. High levels of testosterone led to increased risk taking. The risk taking, Coates argues, is not based on superior knowledge or skill but rather a chemical reaction to testosterone. He equates it to the "winner effect," where athletes that succeed at events feel invincible. In the finance arena, he equates this to the dotcom bubble, where "Traders were euphoric and investors delusional."
Through its website, TFS connects students to more than 7 million scholarships representing more than $41 billion in aid. Continual increases in tuition fees and other college expenses are critical issues impacting students and families across the United States – particularly those who can’t afford to finance higher education on their own. According to the College Board’s 2016 Trends in College Planning, the average published tuition and fee price in the private nonprofit four-year sector is about 2.3 times higher than it was in 1986-87, after adjusting for inflation. It is 3.1 times higher in the public four-year sector and 2.4 times higher in the public two-year sector. As a result of these trends, an increasing number of students must rely on scholarships to attend college or graduate school.
Another reason why women may not be as aggressive as men when it comes to investing is because they are more conservative — they like to hang on to their cash, explains Cary Carbonaro, CFP and Managing Director of United Capital of NY and Author of the "Money Queen's Guide for Women Who Want to Build Wealth and Banish Fear". “When I tell my clients they should have an emergency fund, the men will tell me, ‘But I want my emergency fund in the market,’ and meanwhile the women will have five times the emergency fund they need, sitting in the bank, not doing anything. For some reason, women are afraid of losing money, while men seem to be afraid of losing out by not playing the market.”
MS. VERVEER: And what about networks? Because I think the other thing that women tend to lack in many ways, and we see this in the economics sphere among entrepreneurs, but I think we also see it more broadly, which is the need to be able to come together to meet other people in our sphere, others who can help take an element of what we're doing and enable us to forge ahead. So, more of a concentration on networks as well, that development, which again I think is what the program represents.
As an analyst, I'm also part of an employee networking group called Junior Women Connect, which organises a range of networking and career events. Last year we organised an event called "Power Dressing 101", which consisted of an evening in an L.K. Bennett store hosted by a professional stylist who advised us on how to dress for work and the impact of our image on people's perceptions of us.
So, we decided that we needed something else to really complement what we were doing from generating this stream of income to then educate them in how to improve their living conditions. Especially my hope is that I can change—and I think we are changing—the lives of the next generation that is their children. So, with the foundation we're working, bringing students from universities in the U.S. and Europe to work with these families on literacy, on preventive health. We run a mentorship program as well—that's my way of paying back what I'm receiving here this week—where we motivate these teenagers to study an undergrad degree, to understand importance of education, to lift them out of poverty and generate opportunities not only for themselves but for their communities.

You’ve heard the stats that there are more CEOs named John in the U.S. than there are women CEOs? You don’t want to fall behind the Johns where you work, and that’s what will happen if your company isn’t willing to invest in you. Fortunately, you’re now armed with lots of bragging points and a great sense of the market value of what you do, which will help you seek out the next great opportunity and negotiate your new offers like a pro.
JPMorgan, for instance, holds ‘Winning Women’ events which offer networking opportunities and guidance for prospective female investment bankers. Morgan Stanley has several diversity initiatives, including a leadership program for newly promoted female managing directors, a six-month leadership program for women vice presidents, as well as a women’s business exchange within the bank’s wealth management unit. On the more practical side, Goldman Sachs for example is accommodating mothers with on-site child care at its New York and New Jersey offices, as well as on-site lactation rooms.
While a nice portfolio of stocks is bliss, having financial independence is way bigger than picking the right stock, fund or financial advisor. It’s about living in a way that supports your financial goals, having the confidence and knowledge to grow your money (alone or with a well chosen financial advisor), and creating income streams using either your highest skills, your money, or both to fund the lifestyle you desire.
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thank you again. i am going to copy and paste that post for future reference and may indeed trouble you further for some guidance in the future so thanks in advance for your generousity. intuitively your comments ring to me. it is probably true in many fields that female coworkers are being accepted more and more, ON THE CONDITION that they are proven to be assets to the team and to prove one's worth, one probably has to come in earlier and leave later to be better prepared and ready to help at any moment and possibly rely on some maternal instincts to be mindful of the big picture. still, it won't hurt to know that generally speaking, the work environment in IB is not so hostile to females that it is uphill battle day in and day out even if one's work speaks competently for oneself. thanks for providing the clarity and reassurances.

Those are the questions we sought to answer through a survey conducted by CNBC and LinkedIn. This look at challenges facing women on Wall Street is the first in a series of surveys aimed at highlighting some of the big issues facing women in the workplace. We polled over 1,000 men and women who work across the financial services industry in banking, capital markets, financial services, investment banking and investment management in the U.S. The survey was conducted between April 18 and 27. Participants were invited on a random basis and self-reported gender.
Krawcheck, long known as the most powerful woman on Wall Street, was CEO of wealth management firm Merrill Lynch during its acquisition by Bank of America; she left in 2011. Ellevest is backed by $10 million in funding from some of the biggest names in the investment business, including Chicago-based research firm Morningstar and Mohamed El-Erian, chief economic adviser at Allianz.
One senior woman at a European bank argued that the push to promote more women is itself problematic. "The senior men have now got a cover for promoting the younger women who flirt with them," she said. "They know they have to promote X number of women each year, so they look around and they promote the women who kiss up to them most instead of the women who are the most competent. It's the same as the old boys' network, with flirtation instead of familiarity."
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