Clients look to our people for thought leadership ― information, inspiration and innovative ideas ― that will help them navigate complexity and change to turn financial goals into reality.
Closing the Gender Gap in Investing
Women will control two-thirds of household spending and 70 percent of intergenerational wealth and transfers over the next 40 years. Yet a report by Pershing, a BNY Mellon company, revealed a wide gap between what female clients need from their financial advisors and what they’re actually getting. The report provides practical ways clients and companies can engage and support women better.
In celebration of 2015 International Women’s Day, BNY Mellon and Newton Investment Management, a BNY Mellon company, hosted a conference in London on Womenomics that explored what would happen if more women participated in the economy.
BNY Mellon India observed 2015 International Women’s Day by holding special recruiting events in Chenai and Pune, which were attended by approximately 400 women.
Off to the Races
A significant milestone for gender parity in sports was achieved at the 2015 BNY Mellon Boat Race. Sponsored by the company for the past three years, the annual matchup between the boat clubs of the University of Oxford and the University of Cambridge is one of the world’s oldest sporting events. For the first time in its history, the Newton Women’s Boat Race took to the water on the same Thames River course, on the same day and with equal television rights as their male counterparts.
A joint BNY Mellon study with the University of Cambridge Judge Business School showed 46 percent of Millennials don’t receive needed financial information through schools or workplaces and 77 percent of Millennials want more straight talk from insurers and financial institutions.
The rise of robo-advisors presents potential threats and rewards for our advisory clients. Our people are helping financial managers understand the impact of new technologies and proactively disrupting themselves before being disrupted.