Outstanding Practice Finalist
Partnership Wealth Management
Registered investment adviser Year founded:2005 Employees:3
When Woody Derricks founded Partnership Wealth Management in 2005, he focused on same-sex couples and their unique financial challenges before marriage became legalized. Today, he maintains the mission to serve a diverse clientele from all walks of life.
“We particularly want to help those who may feel intimidated, underappreciated or unable to express themselves to finance professionals,” said Mr. Derricks, the firm’s president.
While 75% of clients are same-sex couples, 33% are single women, women in same-sex relationships or wives in traditional marriages. The firm actively volunteers with Invest In Girls, a group dedicated to educating young women about finance.
“It’s important to give back to the community,” Mr. Derrick said.
He contributes articles to a regional LGBTQ newspaper, has sat on boards for Maryland LGBTQ organizations for the past six years, and currently serves as treasurer for FreeState Justice. PWM annually sponsors events and donates financial plans to various groups, such as the Human Rights Campaign, FreeState Justice, DC Gay Men’s Chorus and Equality Virginia.
Contact Mr. Derricks at email@example.com to learn more about the firm’s diversity and inclusion initiatives.
— Vanessa Drucker