Partner Article

UK’s first wealth manager promoting LGBT rights to donate 5% of profits to prominent LGBT charity

Equality Capital, the UK’s first wealth management firm focused on LGBT conscious investments, has announced it is to donate 5% of its profits to one of the leading LGBT charities.

The wealth manager, which launched last month, has said it will donate the portion of profits from its investments to All Out, along with the 5% it has already pledged to other global LGBT projects and initiatives.

Headed up by a team of experienced wealth managers, led by Managing Partner Charlie Nicholls, the firm launched in March to offer services that help investors make more ethically aware decisions, with the aim of educating people on the ultimate destination of their investments.

Utilising its own points scoring system, Equality Capital rates markets based on their approach to a range of ethical and LGBT issues, taking into consideration issues such as marriage equality, adoption rights and discrimination laws.

After announcing the donation, Charlie Nicholls, Managing Partner at Equality Capital commented: “We are delighted to be supporting All Out with a profit donation – as a charity, it completely mirrors our core values.

“Our clients will now not only be making ethically-sound investments and profits with a purpose, but through investing with us, also know that a percentage will be supporting LGBT people globally through All Out.”

Matt Beard, Executive Director at All Out, added: “Millions of people around the world still have to sacrifice their family, their freedom, their safety or their dignity, simply because of who they are or who they love.

“With generous funds from a high-calibre business like Equality Capital we have a collective voice and can work together to utilise our shared knowledge and relationships to really make a difference to the community on a global scale. We’re really excited about working together and the new possibilities that it will bring.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →