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The Journal of Wealth Management

The Journal of Wealth Management

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Article

Gender Matters: Men’s and Women’s Perceptions of Wealth Are Mostly Aligned

Kirby Rosplock
The Journal of Wealth Management Spring 2010, 12 (4) 15-30; DOI: https://doi.org/10.3905/jwm.2010.12.4.015
Kirby Rosplock
is a director of research and development in the Innovation and Learning Center at GenSpring Family Offices in Jupiter, FL.
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  • For correspondence: kirby.rosplock@genspring.com
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Abstract

Over the next few decades, significant wealth will transfer from one generation to the next, with men and women making these critical decisions. Understanding the unique preferences, attitudes, behaviors, and practices around wealth provides a clearer understanding of the alignment between men and women when it comes to their wealth. Affluent men and women (N = 1236) were invited to take an online survey addressing their interest, knowledge, attitudes, and involvement with their families’ wealth management. The study garnered an 18% response rate. At its conclusion, participants were invited to a phone interview and/or an online focus group to inform women’s and men’s experience of handling wealth from their gender’s unique perspective. In total, 218 men and women participated, of which 8 men and 12 women were interviewed. Two focus groups were held, with 6 women in one focus group and 11 men in another focus group. The triangulation of the mixed methodology provided rich and interesting insights to the alignment between men and women as it relates to their wealth.

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The Journal of Wealth Management: 12 (4)
The Journal of Wealth Management
Vol. 12, Issue 4
Spring 2010
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Gender Matters: Men’s and Women’s Perceptions of Wealth Are Mostly Aligned
Kirby Rosplock
The Journal of Wealth Management Jan 2010, 12 (4) 15-30; DOI: 10.3905/jwm.2010.12.4.015

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Gender Matters: Men’s and Women’s Perceptions of Wealth Are Mostly Aligned
Kirby Rosplock
The Journal of Wealth Management Jan 2010, 12 (4) 15-30; DOI: 10.3905/jwm.2010.12.4.015
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  • Article
    • Abstract
    • KNOWLEDGE AND IMPORTANCE OF WEALTH MANAGEMENT AREAS
    • CONTROL, INVOLVEMENT, AND DECISION MAKING
    • WEALTH ADVISOR SELECTION, INVOLVEMENT, AND PREFERRED CHARACTERISTICS
    • BEST PRACTICES FOR PRESERVING FAMILY WEALTH
    • PHILANTHROPY
    • ATTITUDES AROUND WEALTH
    • PREPARING THE NEXT GENERATION
    • CONCLUSION
    • STUDY BACKGROUND
    • REFERENCES
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  • PDF (Subscribers Only)

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  • Well-Being Advisers
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