To mark International Women’s Day and its theme of ‘Accelerate Action’, female wealth managers discuss what can be done to speed up gender equality in finance.

Citywire asked eight female wealth managers what they think can be done to accelerate action for gender equality in the financial sector, and any advice they would give to women aspiring to a career in the industry.

Below is Sophie’s responses to the questions raised in the article.

What can be done to accelerate action?

Firms need to prioritise increasing representation at all levels, especially in leadership positions.

I believe this can be achieved through mentorship and sponsorship programs, where senior leaders actively champion female talent.

Tackling unconscious bias in hiring, promotions, and pay is essential, but equally, firms need to ensure they are not relying on positive discrimination, which benefits no one if the necessary skills are lacking.

Additionally, implementing flexible work policies will help retain women, particularly during pivotal life stages.

There needs to be an understanding and realisation that the added value of having women in the workforce is that we bring diverse perspectives, allowing us to approach challenges from different angles and ultimately develop more well-rounded and effective solutions.

This is what we benefit from immensely at MAIA, having a 50% female representation of executives on the board. Ultimately, creating an inclusive culture and holding leadership accountable are key to driving long-term change and accelerating progress toward gender equality in the finance industry.

What advice would you give to women who are starting a career in the finance industry?

My advice is to embrace confidence and assertiveness. Speak up, take ownership of your accomplishments, and actively pursue opportunities for growth.

Build a solid support network of mentors and sponsors who can champion your career advancement. I have personally benefited greatly from the guidance of Laurence Boyle and Beccie Williams, who have mentored me since the early stages of my career.

Do not shy away from challenges that push you beyond your comfort zone – use them to showcase your skills.

At the same time, prioritise work-life balance and well-being, as success is not only measured by professional milestones. Stay empowered through continuous learning and take control of shaping your career trajectory in finance.

Click here to view the article on the Citywire website.