See it, Be it Role Model

Thomas Hake

Investment Management Consultant Hake Investment Group St. Louis

In 2017, Thomas J. Hake, investment management consultant with the Hake Investment Group, part of the Raymond James network, proposed a big idea to senior management. His vision was to provide visible support to the firm’s LGBTQ advisers, his own community. The company provided its wholehearted backing. Two years later, the Raymond James Advisor Pride Network was proudly launched at the organization’s national conference in April.

Currently, Mr. Hake and his network co-chair are hiring support staff and formulating plans, including:

• Annual symposia on topics such as how to target the LGBTQ community and navigate the legal challenges faced by LGBTQ clients.

• Developing educational materials on the needs and perspectives of LGBTQ clients.

• Having a LGBTQ presence at most corporate conferences.

The network makes it possible for people to share stories that have been suppressed, and there has already been a ripple effect, as advisers have been coming forward to share their stories with him, he said.

“It opens doors to conversations that make a difference. I may be the first person they reach out to,” Mr. Hake said. “In addition, we want our clients to know they have a safe place. Basically, we’re taking the professional and the personal, and merging them.”

— Deborah Nason

Lifetime Achievement

Rising Stars

See it, Be it Role Models

Outstanding Practices

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