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Old 19.09.2012, 14:04
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Fräuen für Fräuen (Female banking advisors for women)

BKB (Basel Kantonal Bank) has a big advertising hording, promoting their service of women advisors for women. Seems a bit odd.
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Old 19.09.2012, 14:10
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Re: Fräuen für Fräuen (Female banking advisors for women)

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BKB (Basel Kantonal Bank) has a big advertising hording, promoting their service of women advisors for women. Seems a bit odd.
Some women feel uncomfortable discussing money with men. And some men feel uncomfortable discussing money with women - but more financial advisors are men, so there's not a need to promote their male financial advisors.
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Old 19.09.2012, 14:12
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Re: Fräuen für Fräuen (Female banking advisors for women)

So it's perfectly acceptable for me to tell my current female advisor I don't want her anymore, I want a male advisor?
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Old 19.09.2012, 14:18
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Re: Fräuen für Fräuen (Female banking advisors for women)

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So it's perfectly acceptable for me to tell my current female advisor I don't want her anymore, I want a male advisor?
If that's your feeling, then I don't see why it would be a problem. Money is a personal thing, so you should be comfortable with who you are discussing it with.
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Old 19.09.2012, 14:26
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Re: Fräuen für Fräuen (Female banking advisors for women)

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BKB (Basel Kantonal Bank) has a big advertising hording, promoting their service of women advisors for women. Seems a bit odd.
I saw those posters too. It seems strange as none of the women seem particularly attractive and I don't know why one would want a female financial advisor unless for the sexy librarian look.

*runs away and hides*
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Old 19.09.2012, 14:34
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Re: Fräuen für Fräuen (Female banking advisors for women)

LadyConsult? LadyBeratung? LadyNews? LadyEvents?



Methinks someone needs to fire their marketing firm...





(Not my cup o' tea. Although given some of the financial horror stories I've heard from friends here, I can see why there might be a need. Come to think of it, when I arrived here back in the dark ages - 15 years ago - it took a lot of pressure and going-over-of-heads to get it through our (ex) banker's rather 1950s world view to get him to understand that yes, I do indeed mean joint tenancy, as in equal ownership between husband and wife.)
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Old 19.09.2012, 14:37
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Re: Fräuen für Fräuen (Female banking advisors for women)

That's because the fairer sex need such complicated things expalined to them in simple language they can understand, so it is better coming from another female.



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Old 19.09.2012, 14:42
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Re: Fräuen für Fräuen (Female banking advisors for women)

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expalined



Yes, things like spelling and such
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Old 19.09.2012, 14:44
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Re: Fräuen für Fräuen (Female banking advisors for women)

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Yes, things like spelling and such

Fat fingers, sorry .
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Old 19.09.2012, 15:09
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Re: Fräuen für Fräuen (Female banking advisors for women)

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...Money is a personal thing, so you should be comfortable with who you are discussing it with.
So is it ok to specify ethnicity, political and/or sexual orientation then?
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Old 19.09.2012, 15:11
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Re: Fräuen für Fräuen (Female banking advisors for women)

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So is it ok to specify ethnicity, political and/or sexual orientation then?

It isn't a legal thing, its about attracting new customers, so yes - making customers feel comfortable is important
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Old 19.09.2012, 15:15
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Re: Fräuen für Fräuen (Female banking advisors for women)

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So is it ok to specify ethnicity, political and/or sexual orientation then?
I think it's okay that you can have a financial advisor you feel comfortable with. Ethnicity is probably a bad reason, but having a similar cultural outlook may make it easier to connect and for the advisor to understand your objectives. So factors such as age, family situation, lifestyle bracket, ethical and maybe also political views can be contributory to understanding.

If you're a party girl for example, you're more likely to accept advice from another party girl type than from an old geezer who could be your grandpa.
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Old 19.09.2012, 15:20
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Re: Fräuen für Fräuen (Female banking advisors for women)

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but more financial advisors are men, so there's not a need to promote their male financial advisors.
Any source for that claim? Most private banking relationship managers I met in Zurich as well as elsewhere were typically female, good looking and did not study finance... but got a couple of sales trainings, so they can repeat what the computer says or buy whatever an educated customer tells them to.

And that's the ones for rich people, so I started wondering what sort of education the ones have that have to talk to people like me... after some futile attempts to have basic investment conversations beyond the bank-owned funds they keep on trying to push have I given up to talk to anyone and bank online.
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Old 19.09.2012, 15:21
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Re: Fräuen für Fräuen (Female banking advisors for women)

So, the consensus so far is: if I'm more comfortable talking to a germanic, gay, politically conservative advisor, then it's entirely right and proper that I should ask for one, simply because it's to do with money which is so very personal? And if there was a market for such, adverts offering that service would be entirely acceptable?

Where does it end? Am I ok insisting on a male doctor to do my knee surgery?
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Old 19.09.2012, 15:33
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Re: Fräuen für Fräuen (Female banking advisors for women)

psst, it's Frauen, not Fräuen
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Old 19.09.2012, 15:36
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Re: Fräuen für Fräuen (Female banking advisors for women)

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Any source for that claim? Most private banking relationship managers I met in Zurich as well as elsewhere were typically female, good looking and did not study finance... but got a couple of sales trainings, so they can repeat what the computer says or buy whatever an educated customer tells them to.

And that's the ones for rich people, so I started wondering what sort of education the ones have that have to talk to people like me... after some futile attempts to have basic investment conversations beyond the bank-owned funds they keep on trying to push have I given up to talk to anyone and bank online.
Some American statistics - http://www.theamericancollege.edu/as...0-%20FINAL.pdf

But I agree, most of the information I have gotten from financial advisors through banks has been oh-so-simple or, if I ask a slightly complicated question, they have recommended I speak to a tax advisor.
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Old 19.09.2012, 15:36
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Re: Fräuen für Fräuen (Female banking advisors for women)

A win-win if I ever saw one. Women to whom it's that important for their financial adviser to be a woman are better off and so are the male advisers who dodged that bullet.
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Old 19.09.2012, 15:39
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Re: Fräuen für Fräuen (Female banking advisors for women)

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But I agree, most of the information I have gotten from financial advisors through banks has been oh-so-simple or, if I ask a slightly complicated question, they have recommended I speak to a tax advisor.
You were lucky.

Mine mostly regurgitated pre-scrpted statements, whether or not they had anything to do with my question. They don't really expect you to ask complicated questions or in any way trick them to move outside their comfort zone.

But does it matter? An advisor payed by a bank is rarely neutral anyway.
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Old 19.09.2012, 15:45
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Re: Fräuen für Fräuen (Female banking advisors for women)

According to BKB, the Lady-consulting will take into account women-specific aspects such as maternity, part-time work, longer life expectancy and different investment preferences.

Ok, I get the idea that yes, men don't have the right to parental leave in Switzerland and it's useful that your consultant is aware that such things exist.
But I would rather want my consultant to take into account my personal specific aspects and not just assume that because I have tits, I also have "women-specific investment preferences".
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Old 19.09.2012, 15:50
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Re: Fräuen für Fräuen (Female banking advisors for women)

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So, the consensus so far is: if I'm more comfortable talking to a germanic, gay, politically conservative advisor, then it's entirely right and proper that I should ask for one, simply because it's to do with money which is so very personal? And if there was a market for such, adverts offering that service would be entirely acceptable?

Where does it end? Am I ok insisting on a male doctor to do my knee surgery?
The service provider would rather that you asked for what you wanted than left the business to get it elsewhere.

If somebody if only comfortable talking to a man, or a German, or a lesbian - then the problem is with the customer, not with the service provider who tries to match their need
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