Difference between revisions of "Investment and Wealth Management and the LGBTQ Community"

From QueerBio.com
Jump to: navigation, search
Line 3: Line 3:
 
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.   
 
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.
+
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 1992 and founded The Gay Financial Network, the visible participation of prominent LGBTQ members in the profession has materially improved.
  
  

Revision as of 13:41, 27 July 2020

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 1992 and founded The Gay Financial Network, the visible participation of prominent LGBTQ members in the profession has materially improved.


Canada

Great Britain

Germany

Portugal

United States

See Also

Further Reading/Research


Share on Facebook