Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A study finds that female advisors face more severe punishment than men and are 20 percent more likely to be fired. (Photo: iStock)

In yet another example of how tough the workplace can be for women, CNN reports that female financial advisors at Wells Fargo Advisors are 27 percent more likely than the firm’s male advisors to be canned for misconduct.

The report cites a study by professors Mark Egan of the University of Minnesota, Gregor Matvos from the University of Chicago and Amit Seru of Stanford University that was published by the National Bureau of Economic Research.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.