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DID YOU KNOW?
Investment and Wealth Management in 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 have grown in parallel. Legal rights come with financial challenges that must be addressed by the individual and the community.
For example, the increasing number of same-sex marriages has brought with it the need for the management of combined investments, taxes and life insurance to secure a desired lifestyle. The number of LGBTQ parents is on the rise and this requires specific financial planning to meet family needs. Meanwhile, those individuals remaining single have had to manage their assets to support themselves during volatile financial markets. Travel and leisure is an important part of life for many in the LGBTQ community but this requires careful financial planning to achieve. Members of the LGBTQ community are more sensitive to environmental and social issues and want to support these efforts with charitable work and donations, both requiring financial management. 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 planning. 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 and which allows the LGBTQ individual to remain out and proud during a challenging time in their life.
The financial planning and research firm LGBTQ Capital estimates that the LGBT population’s share of Global Household Wealth to be around US$18 trillion. This estimate is derived from Household Wealth research and data from the Credit Suisse Research Institute publications “Global Wealth Report 2017” and “Global Wealth Databook 2017”, combined with LGBT-specific metrics. This is not a small amount of capital to be professionally managed, yet in a recent poll published in the Journal of Financial Management, two thirds of the 86% of LGBT people surveyed who reported they need wealth management services have not yet chosen a financial advisor.
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.
We have identified prominent LGBTQ individuals in investment and wealth management from Australia, Canada, Great Britain, Germany, Portugal, and The United States. To read more and see the complete list, click HERE
Directory of past 'Did You Know?' Articles See Here
The goal of QueerBio.com is to be the definitive online biographical reference source for the international LGBTQ community. Its database lists over 17,000 contemporary and historical figures who identify as lesbian, gay, bisexual, transgender, queer, intersex, two-spirit, or gender fluid (LGBTQ) and includes artists, sports figures, politicians, entertainers, business leaders, academics, activists, and more. The database is widely international in scope and is an ideal source for research and analysis with full search and sort functionality.
The mission is to inspire, educate, and motivate all generations of LGBTQ individuals and others through a collective knowledge of this international community.
Managing Editor: Mark S. Bonham
Search for a Biography
To search for an individual from the database of over 17,000 biographies, simply type the name in the Search Box located in the top right hand corner of this Home Page and click on GO. Similarly, you can search for a common characteristic such as Country, City, Nobel Prize winners, writers, and so on.
Alternatively, you can view and scroll through the entire list of biographies by viewing the All Biographies section.
Library of Congress Historic Collection - LGBTQ+ Studies Web Archive
QueerBio.com has been chosen for the Library of Congress Web Archiving Program - Preserving important cultural artifacts by acquiring, cataloging, preserving and serving collections material of historical importance to foster education and scholarship.
Announcing Our New Documentary Project - Being Different: 101 Global LGBTQ Individuals Who Changed the World
Despite adversity and discrimination, LGBTQ individuals have excelled throughout history. Yet historians and academics have conveniently participated in the heterosexist erasure of these LGBTQ contributions by omitting the LGBTQ status of prominent historical figures from academic and historical documents. Accordingly, there are relatively few comprehensive projects which document and showcase the influence of these LGBTQ efforts.
Being Different: 101 Global LGBTQ Individuals Who Changed The World will be an original documentary outlining the contributions that members of the LGBTQ community have made, individually and collectively, to changing the world.
We are now Crowdfunding to get this project off the ground. We would love to have you as part of our team. You can help us and SUPPORT THIS PROJECT!
Our goal is to make QueerBio.com the go-to website for global biographical information on LGBTQ identified individuals. To do this requires a serious commitment of people and resources, so we need your help to fund and help this project grow.
Click here for more information.
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Bonham Centre Awards Gala
Annual Awards established in 2007 to recognize individuals or groups that have made a significant contribution to the advancement and education of human rights issues surrounding sexual education. Click here to find out more about the Bonham Centre Awards, past recipients, and present nominees.
Books Available From QueerBio.Com
It's A Fabulous Morning! My Interviews With Fascinating People in the LGBTQ World (Pearse Murray and Mark S. Bonham, 2019) presents fascinating interviews with individuals from the Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, Two Spirit and Ally (LGBTQ) community. Icons such as Lily Tomlin, Chaz Bono, Melissa Etheridge, Mark Tewksbury, John Cameron Mitchell, Kathleen Wynne, Wanda Sykes, Tony Kushner, David Hockney, Edmund White and more provide their personal stories of the community and their lives within it. Compelling insight into events of the community, such as Toronto’s Bath House Raids, is also provided. 262 pages.
A Path to Diversity: LGBTQ Participation in the Working World (Mark S. Bonham, 2017) investigates the current state of employment markets around the world for the LGBTQ community. Included is a discussion of equality in the workplace and why it is important to both the employer and employee, the wage gap, which professions are attractive to LGBTQ individuals and why, and the role of unions and government legislation. A survey of seventy five professions provides a status report for each, and seventy two biographies of influential LGBTQ professionals from around the world is included. 242 pages
Notables: 101 Global LBGTQ People Who Changed the World (Mark S. Bonham, 2015) reveals a group of select global Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ) individuals whose accomplishments in their profession changed the world in some relevant way. Included are founders of various social movements, innovators in sports, leaders in business and politics, explorers and discoverers, instigators in religious movements, thinkers in philosophy, infamous villains, creators of new academic fields of study, and risk takers in the arts, culture, and entertainment worlds. 212 pages.
Champions: Biographies of Global LGBTQ Pioneers (Mark S. Bonham, 2014) reveals a group of select artists, writers, politicians, lawyers, sports figures, activists, and religious figures from around the world who have helped shape the history of the LGBTQ community. Presented in a convenient notebook format. 114 pages.
Order for yourself, and the books also make an ideal gift for friends and family while supporting the development of QueerBio.Com