Out in Older Age: Financial Risk in LGBTQIA+ Aging
Planning for retirement for LGBTQIA+ older adults is a different process than for other communities, particularly since these older adults are more likely to be single, live alone, and have no children or family they can rely on for caregiving as they age. Read more about the financial dynamics of LGBTQIA+ aging here.
Forward Motion in Capturing LGBTQ+ Identity Hasn’t Reached Financial Services Yet
In the U.S. our banks, investment firms, lenders, and credit bureaus are not yet collecting or even making it possible for people to opt into sharing data on their gender beyond the binary or their LGBTQ+ identity. Read more about the implications here.
Lola C. West, Financial Industry Powerhouse
Our interview with finance industry powerhouse Lola C. West will inspire, amuse, and confound you. One of Lola’s first quotes in the piece is: I'm black first, a woman second, and gay third. Early in my career, they didn't know what to do with me.” Read the full interview here.
Investor Demand for LGBTQ+ Investment
In this piece, we showcase research undertaken by our colleagues at Morgan Stanley who found that nearly half of investors wanted increased opportunity to invest in support of LGBTQ+ equity and inclusion.
To those who question the visibility of the LGBTQ+ community this Pride, the Morgan Stanley report should serve as a strong indication of what’s to come: We are not going anywhere, and if the investment industry is smart, they will only increase their investments in our community. Investors are demanding it. Ignoring this demand will only have you miss out on an important market segment and hurt your bottom line.
Meeting the Moment: LGBTQ+ Pride Under Assault
In this NASDAQ piece, we address the upsurge in threats to progress and safety for LGBTQ+ communities today. We encourage our readers with this imperative: “This month, consider how your power, position, investments, or standing might allow you to influence and bolster those who are standing up to the assaults and striving to protect and expand the rights, safety, and progress of the LGBTQ+ community. This is not a moment for bystanders, it’s a time to stand with and for what we believe and who we are.”
Implications of Underrepresentation in LGBTQ+ Board Membership
While LGBTQ+ people represent over 7% of the U.S. population, only 0.6% of Fortune 500 corporate board members identify as LGBTQ+. This stands in stark contrast to an empirical fact: diversity of thought and perspective on leadership teams translates to better performance while lack of diversity has proven to increase risk.
Flexing our Collective Power: Rachel J. Robascotti on Investing for Social Justice
For our March NASDAQ column, we sat down with Rachel Robasciotti of Adasina Social Capital to learn from her experience intaking a racial justice capital strategy to the fore and her own experience as a Black woman and a member of the LGBTQ+ community.
Black and Gay on Wall Street: Otho Kerr on Having a Front-Row Seat for Over 30 Years
For our February NASDAQ column, we sat down with Otho Kerr of the Federal Reserve Bank of New York to learn more about his experience, insights and work at the intersection of capital markets, communities of color and LGBTQ+ identity.
New Data Sounds an Alarm for Action to Address LGBTQI+ Inequity
January brought new data on the status of LGBTQI+ adults in the United States. We took the opportunity to reflect on the systems and influences that result in ill effects for LGBTQI+ people and communities and the opportunities to counter those forces through capital allocation practices.
Policy and Potential: Marriage Rights are a Good Start
While it could be tempting to see the new Respect for Marriage Law as a time for celebration and a feeling of relief, marriage is only a small piece of the puzzle when it comes to protection and access for members of the LGBTQ+ community.
A New Vanguard: Transgender Entrepreneurship
In November, Transgender Awareness Month, we saw a burst of attention paid to the social, economic, and political barriers to the success of transgender people. Investors and market-makers would be wise to take note. Transgender founders and their ventures are building successful businesses and growing traction in markets far and wide.
LGBTQ+ Financial Strength & Stability
In our inaugural NASDAQ post, Colorful Capital co-founders Megan Kashner and William Burckart set out a baseline on barriers for LGBTQ+ individuals when it comes to securing and retaining financial status, building wealth, and maintaining basic economic security.
This is Our Brick
Colorful Capital Co-Founders William Burckart and Megan Kashner on paving the way with capital for underestimated LGBTQ+ founders
Credit Discrimination by State
The Movement Advancement Project has detailed discrimination protections and allowances state by state and the data is striking.
LGBTQ-Led Businesses add $1.7B, Face Barriers in 35 States
Television interview with the National LGBT Chamber of Commerce
Deconstructing The Pipeline Myth And The Case For More Diverse Fund Managers
A report from Kauffman Fellows and MaC Venture Capital
The Economic Well-Being of LGBT Adults
A report by the Center for LGBTQ Economic Advancement & Research (CLEAR)
LGBTQ Led Food And Beverage Companies Are Still Grossly Underfunded As Diversity Discussion Heats Up
Article by Douglas Yu, Senior Contributor for Forbes.com
The LGBTQ Wealth Gap
An analysis by the Center for LGBTQ Economic Advancement & Research (CLEAR)