{
  "id": 15065092,
  "title": "The $124 trillion Great Wealth Transfer and women’s earning power has created a ‘perfect storm’ of opportunity, wealth executives say",
  "url": "https://urgent.news/2026/10/16/the-124-trillion-great-wealth-transfer-and-womens-earning-power-has",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T22:36:38.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/10/16/124-trillion-great-wealth-transfer-womens-earning-power-created-perfect-storm-of-opportunity-wealth-execs-say/"
  },
  "original_language": "en",
  "account": "The $124 trillion Great Wealth Transfer, combined with women's increasing earning power, has created a \"perfect storm\" of opportunity for women in finance, according to wealth executives. In addition to inheriting $52 trillion by 2048, women are also taking on top-level roles within financial institutions. At Fortune's Most Powerful Women Summit, industry leaders highlighted the growing influence of women in wealth management, stating that they are at the forefront of financial opportunity. CEO and cofounder of Align Private Capital, Anna Maria Nekoranec, emphasized that women are amassing significant fortunes and making smart financial decisions, as she believes \"we can change the world with it.\"\n\nNekoranec explained that this \"perfect storm\" stems from not only the wealth transfer but also the acceleration of highly talented women reaching higher levels within organizations, gaining higher compensation and stock options. With these financial gains, she stresses the importance of planning for these windfalls. Mitra Best, founder and CEO of fintech firm Avvra, added that the rise of artificial intelligence is further boosting women's net worths. As both an investor and AI scientist, she has witnessed the imbalance in wealth decisions made by a select few at the top, leading her to enter financial services to help women invest in the future.\n\nDespite these opportunities, wealth management professionals urge women to take control of their financial futures. They acknowledge the busy nature of modern life, where women often juggle full-time jobs and the majority of housework and family responsibilities. However, to build wealth, women need to make time for their financial planning, advises Fidelity executive Karla D’Alleva Valas. By scheduling regular meetings to actively manage their money, women can take greater control of their financial futures. Currently, 53% of women's assets are unmanaged by professional advisors, compared to 45% for men, representing a $10 trillion market opportunity for wealth managers.\n\nD’Alleva Valas emphasized that women should prioritize their financial futures by scheduling meetings with their financial advisors. This active engagement can help optimize their investments and grow their paychecks and assets into substantial fortunes.",
  "summary": "Around 53% of women’s assets are currently unmanaged by professional advisors. Wealth management execs say women need to take the reins of their financial futures.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}