BlackRock Introduces Model Portfolios for Women

“The financial challenges women face are not new,” said Carrie Schroen, divisional director at BlackRock’s U.S. Wealth Advisory group. “Now, advisors have a bespoke, actively managed and low-cost solution to help women clients achieve their financial goals. This is especially relevant as women hold an increasingly larger share of global wealth.”

The model portfolios include different asset mixes for different life stages, seeking more growth for young women, lower volatility around retirement age and consistent income later in life. They can serve as a portfolio’s core, the firm said.

The framework “provides a flexible avenue for customization. Incorporating gender-specific demographics into our lifecycle model resulted in a tailored risk profile to better support women’s spending throughout retirement,” said Chris Chung, CFA, head of retirement solutions portfolio management and co-manager of the model portfolios.