Women Are Going to Take Charge of $30 Trillion of Wealth in a Decade

American women control more than $10 trillion in U.S. household financial assets, an amount likely to triple within a decade.

The shift is being driven by aging baby boomers who are set to inherit wealth as they outlive their spouses, as well as by younger women who are becoming more financially savvy, according to a McKinsey & Co. survey of more than 10,000 affluent investors, almost 3,000 of whom are female financial decision-makers.