Many of the Best Wall Street Jobs for Women Aren’t on Wall Street
- San Francisco-based Schwab and Dodge & Cox top the ranking
- Distance from old-boy networks may be part of the reason
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Women who want to manage money seem to be having better luck doing it someplace other than Wall Street.
U.S. firms with the highest share of female portfolio managers are located thousands of miles from Manhattan, according to new Morningstar Inc. research. Dodge & Cox and Charles Schwab Corp. -- both with headquarters in San Francisco -- are top ranked at 30 percent and 28 percent, while Franklin Resources Inc., with $724 billion in assets as of June 30, is tied for the third and based in nearby San Mateo, California.