Bloomberg Businessweek Why Women's Wealth Is Poised to Surge
Oct 15, 2025
Jaime Magyera, Head of BlackRock’s U.S. Wealth Advisory, shares insights on women's rising influence in global wealth management. Women currently control one-third of the world's wealth, expected to soar to 50% by 2030. Jaime highlights how women are emerging as major economic drivers, acquiring wealth through various avenues like inheritance and divorce. She discusses the trend of women changing financial advisors for better engagement and reveals a growing preference for purpose-driven investing, emphasizing holistic wealth planning and impact.
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Rapid Rise Of Women's Wealth
- Women are increasingly earning, acquiring, and owning wealth and playing a larger role in capital markets.
- BlackRock projects women will control 50% of global wealth by 2030 and 70% by 2070.
Engage Women During Wealth Transitions
- Do recognize horizontal wealth transfers like spouse death or divorce as key moments to engage women clients.
- Offer tailored advisory support during those transitions to retain or earn relationships.
Wealth Transfers Reshape Advisor Relationships
- A large portion of wealth will transfer to women through spouses and divorce before the next generation inherits it.
- Seventy percent of women leave their husband's financial advisor within a year after divorce or death.