Keep pulling the thread on Raquel Odin.
HSBC's wealth management strategy is informed by the projection that a trillion dollars in assets will be transferred to women.
HSBC's global wealth strategy considers the forecast that women will control 45% of the world's wealth.
An HSBC research report found that only 29% of women feel confident they can attain their financial goals.
HSBC conducted a research report surveying over 2,000 individuals, including over 1,000 women in the US, to understand women's readiness for the upcoming wealth transfer.
According to research cited by HSBC, 60% of baby boomer women are invested in the financial markets.
According to research cited by HSBC, 75% of Gen Z women are engaged in the financial markets.
HSBC's research indicates that women's financial priorities often focus on the next generation, their parents, and community giving, rather than solely on their own wealth creation.
HSBC conducted a research report titled 'The Giving Shift' which analyzed differences in philanthropic giving between men and women.
HSBC's 'The Giving Shift' report found that women's philanthropic giving is often focused on local charities where they can have a direct, tangible impact on their community.
Mackenzie Scott's philanthropic approach is cited as a prominent example of a giving model focused on community impact without seeking public recognition.