Of the $71.4 trillion dollars controlled by the asset management industry, only 1.1 percent of total assets under management are with firms owned by women and minorities. You heard that right. Although the number of firms that are women- or minority-owned can range from 3 to 9% across the four different asset categories in the…

Source: Knight Foundation Study: Women and Minorities Control Only 1.1% of Asset Management Industry – Philanthropy Women