I don't normally participate much here at Kos though as my ID notes I've been a long-time member of the community. When I do participate it is never in LGBT issues. I'm completely supportive of the LGBT community but it is just not my thing when it comes to political passion. I do act as Treasurer for an elected Countywide officeholder who is out of the closet.
That is a long way of qualifying this diary entry.
I have my own money management firm and hedge fund specializing in media and communications stocks. I have clients who use Northern Trust for custody.
Just a few minutes ago, I received the following email which informs us that Northern Trust has set up a special group within their industry leading wealth management business to cater to the needs of LGBT individuals.
Northern Trust is pleased to announce the creation of the LGBT & Non-Traditional Family National Practice, led by XXXXX XXXXXX in Chicago, that will bring fiduciary and wealth management expertise to LGBT (lesbian, gay, bisexual, & transgender) individuals and non-traditional families across the country.
Northern Trust believes the unique financial and estate planning needs of LGBT individuals and non-traditional families are currently under-served. We recognize the definition of family has evolved more quickly than laws designed to protect the family. We have also been developing wealth transfer and tax strategies for LGBT clients and beneficiaries of family trusts for generations. Northern Trust was also one of the first financial services companies, nationwide, to begin offering domestic partnership benefits to employees over 13 years ago.
Thought the Kos community might be interested in one positive effort on behalf of the LGBT community. I have no idea what Northern Trust thinks or does about political issues in general.