Wage disparities across industries are stark, especially for LGBTQ+ folks where only 1 in 25 LGBTQ+ men hold high-paying jobs compared to 1 in 7 non-LGBTQ+ men, according to Prudential’s 2018 Financial Wealth Census. With less money coming into the LGBTQ+ community than other demographics, how can the community find financial growth and success?
In this episode of Living Not So Fabulously, hosts David and John Auten-Schneider speak with Merrill Lynch financial adviser Ari Linder about why LGBTQ+ folks might feel more inclined to pick career paths that have smaller paychecks. This was exactly what led Linder to pivot from social work to financial advising.
“Those of us who maybe have felt like we have been at a disadvantage or discriminated against or pushed down, we want to try to solve those kinds of problems,” they explained. In their work in as a financial adviser, Linder focuses on helping the community with unique needs. For them, being transgender has given them a deeper connection with their clients, explaining, “It’s not just about their finances; it’s about understanding the life challenges that come with being part of the LGBTQ+ community.”
Don’t miss this powerful episode on how financial planning is financial freedom. Living Not So Fabulously dives into real money stories with activists, allies, artists, tech gurus, and trailblazers in the LGBTQ+ community to give you tangible takeaways to tackle your wallet woes. For full episodes of Living Not So Fabulously, watch on our website or listen on your favorite podcast platform.
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