RTSWS Sponsor Cetera Financial Group Recognized for Wealth Management Awards

RTSWS Sponsor Cetera Financial Group Recognized for Wealth Management Awards

Cetera Financial Group, a sponsor of Rock The Street, Wall Street (RTSWS), has been named a finalist for four 2024 Wealth Management Industry Awards, “The Wealthies.” One notable recognition is for Cetera’s Women’s+ Employee Resource Group (ERG) and its impactful partnership with RTSWS.

Cetera’s Women’s+ ERG collaborated with RTSWS to mentor 18 high school girls over a five-week program, culminating in a tour of Cetera’s El Segundo office and a career panel featuring female employees. The program resulted in a 74.6% improvement in the students’ financial literacy scores and inspired several participants to consider careers in finance, with some expressing interest in internships and further studies in economics, finance, or related fields.

This recognition underscores Cetera’s commitment to fostering innovation, inclusivity, and empowering future female leaders in finance. We congratulate Cetera on their achievements and their partnership with RTSWS.

 

Study Highlights Gender Inequities in Promotion Practices Within Australia’s Finance Sector

Study Highlights Gender Inequities in Promotion Practices Within Australia’s Finance Sector

A recent CFA Institute study found that women in Australia’s finance sector are less likely to receive unsolicited promotions than men. However, when women request promotions, they have a higher success rate.

The study calls for standardized promotion policies to address systemic gender bias, as unsolicited promotions contribute to a financial advantage for men. CFA Institute aims to support the industry in reducing inequities through its Diversity, Equity, and Inclusion Code.

https://rpc.cfainstitute.org/en/research/reports/2024/gender-identity-important-factor-in-promotion

Education, Mentorship And Modeling Will Attract Next Gen Professionals

Education, Mentorship And Modeling Will Attract Next Gen Professionals

In a recent article by Julius Buchanan, Editor-in-Chief of Wealth Solutions Report, Maura Cunningham, Founder of Rock The Street, Wall Street (RTSWS), emphasizes the importance of early intervention in girls’ math education to close the gender gap in finance. Cunningham explains how girls’ interest and performance in math often wane after elementary school, making high school a crucial time for targeted support.

RTSWS operates in over 25 cities across three countries, impacting over 6,000 young women by reigniting their enthusiasm for math and finance. Through 100% female financial professional instructors, RTSWS provides financial literacy programs, mentorship, and real-world access to finance firms.

“Our industry must bolster support for early intervention programs and actively engage with school clubs to attract female talent,” Cunningham states.

https://wealthsolutionsreport.com/2024/06/04/education-mentorship-and-modeling-will-attract-next-gen-professionals/