At least 15 firms in the mutual fund business are among the 400 best places for women to work (at least among large employers in the U.S.), according to a new list from the folks at a national business publication.

Ryan Timothy Robson Edward Jones / Olive Street Investment Advisers, LLC Principal, Client Strategy Group / President

Last month, the Forbes team unveiled their 2023 list of America's Best Employers For Women. After an anonymous survey (powered by Statista) of more than 60,000 American workers (including about 40,000 women) at businesses with at least 1,000 employees each, businesses were ranked on recommendations (from the survey) and gender-diversity (of company boards and executive ranks).

In the asset management business, fund firms (or parents of fund firms) that landed on the new Forbes list include:

Edward Jones (home of Bridge Builder Funds) at rank 5 (up from 70 last year);

Fidelity Investments at 6 (up from 43);

Morgan Stanley at 146;

Charles Schwab at 152 (up from 309);

Capital Group (home of American Funds) at 163 (up from 361);

Principal at 186 (down from 160);

TIAA (parent of Nuveen) at 187 (down from 170);

UBS at 190 (up from 343);

New York Life at 194 (down from 57);

Raymond James at 223 (up from 311);

the Hartford at 240 (down from 223);

Vanguard at 295 (up from 320);

J.P. Morgan at 305 (up from 321);

Voya at 307; and

Nationwide at 362 (up from 397).

Forbes' list also includes at 11 firms in the retirement plan recordkeeping business, as highlighted by our sister publication 401kWire. 

Edited by: Neil Anderson, Managing Editor


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