The Forthcoming $30 Trillion Wealth Transfer to Women
by Theresa Gusman, Chief Investment Officer of First Affirmative Financial Network
An enormous transfer of wealth is underway in America that presents an historic opportunity for the financial services industry and specifically for women advisors and customized ESG investing. Female advisors – though they are outnumbered by their male counterparts by more than four to one – are better positioned to guide the clients on the receiving end of this transfer.
The food industry has been somewhat ponderous in responding to the ageing global population. Ben Cooper looks at how food companies can most effectively meet the needs of the growing ranks of older consumers and maximise the commercial rewards on offer.
By Ben Cooper
By definition, population trends concerning people aged over 60 do not crop up overnight, and food companies stand accused of being slow to recognise and respond to this opportunity. "There's an over-fixation on Millennials within food," says Hamish Renton, managing director of UK food and drink consultancy HRA Global. "The older demographic is under-served. Segmenting by life stage is quite sensible and I don't think it's something the food industry does terribly well."
Insights from the President of Parnassus Investments
By Benjamin E. Allen, President, Parnassus Investments and a portfolio manager for the Parnassus Core Equity Fund
As President of Parnassus Investments, I often think about what responsible investing might look like over the coming decades. The future is anchored in the past, so I believe the best way to begin an answer to this question is with a look back at the early years of responsible investing.
A 60-something instructor at a major university was working on a project with an undergraduate student. The student complimented the instructor on her proficiency with technology. The student thought he was paying a compliment to the instructor. The instructor was offended because she believed the implication was that her skills were good “for someone her age,” playing into the stereotype that all Baby Boomers struggle with technology. Little did the student know that the instructor serves on the boards of several technology companies and is a former CEO of a tech company.
Consumer research indicates Baby Boomer generation craves a dining experience that is far and apart from what is typically associated with senior living communities
GAITHERSBURG, Md., October 4, 2016 /3BL Media/ – Sodexo, world leader in Quality of Life Services, announces the launch of Bistro 464—a new restaurant option—to supplement the traditional dining service in the senior living communities it serves.
How the Transfer of Weaith is Transforming Wall Street
by Lynne Ford, Executive Vice President, Calvert Investments
Three important trends are already changing the asset management industry, and are poised to become even more important in the coming years. First, based on their spending and earning power, women now represent a growth market bigger than those of China and India combined. This reality was identified by Kate Sayre and Michael Silverstein of the Boston Consulting Group in their article “The Female Economy.”
By Tamika Cody, Managing Editor, Best Practices, DiversityInc.
How do you bridge the communications gap between Millennials, Gen X-ers and Baby Boomers?
Kim Manigault, CFO of KeyBank’s technology and operations division, recently created a feedback program to help the three generations come together. The program, Straight Talk, encourages constructive observation instead of complaints.
Manigault explained that the goal is to get the three groups to see that they all are actually asking for the same things.