Simon Hobbs LGBTQ Financial Advisor
I’m a gay financial advisor based in Palm Springs, working with LGBTQ clients across the Coachella Valley and throughout the United States.
I do not believe LGBTQ people automatically need an LGBTQ financial advisor. We fought too hard for equality. But our lives do not always fit conventional assumptions about relationships, retirement, care or inheritance.
Good financial planning starts with understanding the life a person has actually built, the people who matter to them and what they want their money to accomplish.
Contact Simon
You may also check the background of Simon Hobbs, investment advisor with California Financial Partners, directly on FINRA's BrokerCheck.
Financial Planning That Understands LGBTQ Lives
We are all radically different.
Treating everyone equally isn’t the same as truly understanding an individual.
Our experiences can also affect the way we think about money.
Coming out can carry a financial cost. Discrimination may affect how we perceive financial risk. Homeownership remains significantly lower for LGBTQ adults. For some gay men now approaching or already in retirement, the AIDS crisis may still influence how they think about their futures.
Money itself is rarely the real objective. It’s the fulfillment of each individual’s unique set of values: personal safety, freedom or family can mean very different things depending on the life you’ve lived.
Read my guide on how LGBTQ experience can shape money and financial decisions:
Why Choose an LGBTQ Financial Advisor?
ART 1167716
→
Why LGBTQ Financial Planning Can Be Different
Marriage, Partners & Property
Marriage can affect taxes, property ownership and inheritance. Unmarried partners or couples where one spouse is not a U.S. citizen may need additional planning to create the protections other married couples receive automatically.
Estate Planning & Chosen Family
Many clients will ultimately use most of what they’ve accumulated to take care of themselves. But others will leave substantial estates.
The people you’ve come to consider family may not be your legal family. Beneficiaries, trusts, powers of attorney and healthcare directives can help make sure your wishes are recognized.
Building & Safeguarding Wealth
Career interruptions, delayed homeownership, lost family support and discrimination can affect how wealth is accumulated and how financial risk feels.
Children
Adoption, surrogacy, IVF, previous relationships and nontraditional family structures can create financial and estate-planning issues that deserve deliberate attention.
LGBTQ Retirement Planning for the Life You Want
Retirement planning is about more than having enough money to stop working.
Work may have been one of the first places where you felt accepted, respected and able to be yourself. Retirement will likely mean building a new life for 30 years that can replace that identity and those relationships.
For LGBTQ adults, it may also mean thinking carefully about who will care for you and where you want to live.
Read my guide to LGBTQ retirement
LGBTQ Retirement Planning: A Financial Guide to Life After Work
ART 1171838
→
Why Work With an LGBTQ Financial Advisor?
Shared sexuality doesn’t make someone a better financial advisor. Competence, integrity and knowledge matter more. But shared experience can remove a potentially tedious layer of explanation.
Our past need not define our future. But having lived through the fight to marry the love of your life, for example, or AIDS, might make it easier to get to the heart of the matter.
Not shared sexuality. Shared understanding.
Financial Planning Built Around You
Understanding you is only the starting point.
The next step is turning that understanding into a financial strategy built around the life you want.
I spent 18 years at CNBC explaining investing and complex financial trends. I want you to understand why you’re doing something, not simply be told what to do.
Contentment with life often comes from fully understanding the decisions you make.
Read my guide to how LGBTQ experience can shape money and financial decisions:
Why Choose an LGBTQ Financial Advisor?
ART 1167716
→
A Gay Financial Advisor in Palm Springs
I work from Palm Springs, home to one of the country’s largest LGBTQ communities, serving clients across the Coachella Valley, Southern California and throughout the United States.
I am part of the California Financial Partners team and collaborate with experienced tax, estate-planning and insurance professionals, many of whom specialize in LGBTQ affairs.
Start With a Conversation
You don’t have to have everything figured out before contacting me.
Tell me what you’re trying to accomplish or what’s worrying you.
I’m happy to just chat for a bit and see what advice might work.
No strings. Just community.
Contact SimonTalk With Simon · simon@calfp.com
Contact Us