Investment and Wealth Management and the LGBTQ Community
Wealth management has become an increasingly important necessity for the LGBTQ community over the past few years. The complexity of the issues facing the community has grown significantly and the financial needs of the community has grown in parallel.
For example, the increasing number of same-sex marriages has brought with it the need for the management of combined investments to secure a desired lifestyle. Meanwhile, those individuals remaining single have had to manage their assets to support themselves during volatile financial markets. With AIDS and now COVID, health issues for the LGBTQ community can be different than society as a whole - the increasing cost of health requires good financial management. Similarly, an ageing population base has focused the community on the need to plan, save and invest for a retirement that is comfortable and secure.
Historically, the investment community has not been tolerant of the LGBTQ community. Wealth management has traditionally been a male-dominated profession. Since American Walter Schubert became the first public gay individual to be a member of the New York Stock Exchange in 1973, the visible participation of prominent LGBTQ members of the profession has materially improved.
Canada
Great Britain
Germany
Portugal
United States
See Also
- LGBTQ Chief Executive Officers of Business Enterprises
- LGBTQ Bankers
- LGBTQ Chief Information/Technology Officers
- Union Leaders Who Identify as LGBTQ
- LGBTQ Economists
- Noteworthy LGBTQ Individuals in the Accounting Profession
- Human Resource Professionals Who Are LGBTQ
- Marketing Professionals Who Identify as LGBTQ
- Prominent LGBTQ Philanthropists and Donors
- LGBTQ Billionaires
- LGBTQ Venture Capitalists and Startup Advisors
