Black, Hispanic, and Latina women are newer to investing and focused on building generational wealth, a recent J.P. Morgan Wealth Management report found.
JPMorgan Wealth Management head of communications Verónica Navarro Espinosa sits down with Brad Smith to discuss the findings: “We’ve done this study for three years, and we’re starting to see some progress. And exactly because those barriers are starting to get lower and lower.”
She explains that education, accessibility, and confidence are helping break down barriers. “Investing is overwhelming. There is so much information everywhere that is hard to decide where you’re going to go. But we’re starting to see that there is a path forward. We’re seeing people are starting to be more comfortable. Also, the tools to invest are becoming more accessible…”
“Confidence keeps being an issue for women. So we need to do more about that education and, particularly, educating women,”…
