We are about to come into the largest transfer of worldwide wealth in the history of humankind. All of this money has the opportunity to come into your practices or your successors' practices. There will be trillions of dollars passing between generations, and women are poised to become an even bigger force within the wealth management market with all of the money in motion passing between generations and spouses. Therefore, the opportunity to work within this powerful demographic is huge for all advisors, and the more we know about the nuances of this target market, the better equipped I believe everyone will be to work with women in the wealth market.

Let's look at the overall scope of the female economy from both a global perspective and in North America. Women now drive the world economy and represent the largest market opportunity. According to the Global Entrepreneurship Monitor (GEM) Women's Report (2016/2017), the global female economy represents a bigger opportunity than China and India combined. Internationally, women control $40 trillion - or approximately 30% of the world's wealth. In 2016, an estimated 163 million women were starting or running new businesses in 74 worldwide economies, and an estimated 111 million were running established businesses. Not only does this show the impact of women entrepreneurs across the globe, but it also highlights their contributions to the growth and well-being of their societies. Women entrepreneurs and their businesses provide incomes for their families, employment for their communities, and products and services that bring new value to the world around them.

In North America, a Women and Wealth report (IPC Private Wealth and Strategic Insight) predicts that from 2016 to 2026, women in Canada will inherit financial assets of approximately $900 billion in personal wealth. In the U.S., women currently control 51%, or $14 trillion, of personal U.S. wealth, and this amount is projected to reach 66%, or roughly $22 trillion, by 2020. They call this transfer of wealth directly to women "money in motion." As women increase their wealth as a result of career advancement and entrepreneurship, a strategic approach to wealth management becomes increasingly important. At any career stage or wealth status, female earners need to take control of their financial wellness and ensure wealth management strategies and guidance are tailored to the unique values that women embody and embrace.

In this issue of Women Entrepreneur Magazine, a list of Top Women In Wealth Management - 2021 is provided to the readers. The listing is provided for informing the excellency of women in Wealth Management India. The listing is prepared by a team of industry. veterans, CEOs and VCs, and the Women Entrepreneur Magazine editorial team.