June 27, 2012
Marcum's LGBT & Non-Traditional Family Practice Group Featured in CNNMoney.com Article "Firms Make Financial Planning More Gay-Friendly"
By Blake Ellis
Many big firms are trying to make financial planning a lot more gay-friendly.A growing number of financial planning firms, including Wells Fargo (WFC, Fortune 500), Bank of America Merrill Lynch (BAC, Fortune 500), Morgan Stanley Smith Barney (MS, Fortune 500), UBS (UBS) and Marcum LLP, are launching divisions that focus solely on lesbian, gay, bisexual and transgender (or LGBT) clients or helping their advisors get certified to handle the unique financial issues same-sex couples faces.
Help for same-sex couples:
Earlier this month, one of the biggest independent accounting firms in the country, Marcum LLP, launched a national LGBT & Non-Traditional Family Practice Group. The new group said it will provide experts to help same-sex couples navigate changing financial and tax laws and assist them with their tax returns, trusts and estates.