Earn & Invest 639. The Future of Women and Money w/ Cary Carbonaro
Jun 19, 2025
In this engaging conversation, Cary Carbonaro, a seasoned financial advisor and advocate for women in finance, discusses the impending wealth transfer to women and the obstacles they face in financial empowerment. She highlights the significant role women will play in managing assets and the necessity for financial advisors to adapt their approaches. Cary also dives into the unique challenges encountered by childless women and the overall need for better representation and communication strategies in the financial industry to better serve female clients.
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Personal Story of Financial Bias
- Jordan Grummet shares how his mom became the primary asset manager after his father died.
- She was treated paternally by the financial industry, not as an equal partner, reflecting historical gender biases.
Economic Parity and Women's Power
- Carrie Carbonaro affirms economic parity is crucial for women's civil rights.
- She stresses money equals power and women need more of both to level the playing field.
Gender Imbalance in Finance Industry
- Cary recounts attending a financial conference predominantly attended by men.
- She noticed only 20% women, illustrating the financial industry's gender imbalance and bias.
