Disparity at the top: Gender issues and advancement in the financial planning profession

Examining the barriers that influence career advancement and representation within the financial planning profession

Tanya Staples, School of Business

About the project

This research explored gender disparities within the financial planning profession, focusing on the factors that influence career entry, advancement and professional success. By reviewing Canadian and international research, the project sought to better understand the challenges and opportunities affecting workforce participation and leadership representation.

The challenge

Although financial planning offers significant career opportunities, barriers related to workplace culture, career progression and professional access continue to affect representation within the profession. The project aimed to identify both structural and perceived obstacles that may influence career development and advancement.

Approach

• Conducted an extensive review of Canadian and international literature
• Examined research related to workforce participation and career advancement
• Investigated barriers affecting entry into the financial planning profession
• Analyzed factors influencing professional growth and leadership opportunities
• Identified themes related to workplace culture and career progression

Results

• Identified factors that influence advancement within the financial planning profession
• Highlighted both structural and perceived barriers affecting career development
• Generated insights into workforce representation and professional opportunities
• Improved understanding of challenges faced by individuals entering and advancing in the field
• Established a foundation for future research and industry discussion

Why it matters

• Supports greater awareness of barriers to career advancement
• Contributes to discussions about representation and inclusion within professional sectors
• Provides insights that can inform workforce development strategies
• Helps organizations better understand factors influencing career progression
• Encourages ongoing research and dialogue about equity in the workplace