Connect with us

Financial

What it means to be an active ally to your LGBTQ+ co-workers

Head of JPMorgan Chase’s Office of LGBTQ+ Affairs shares tips to empower active allyship

Published

on

Photo Caption: Brad Baumoel, Head of LGBTQ+ Affairs at JPMorgan Chase, giving a keynote speech on “Active Allyship” at the 2023 Out & Equal conference.

The act of ‘coming out’ is often done in steps and, for many, can be an ongoing process. For myself, I came out in stages, first to a small group of select friends in 1991, then to family in 1993. Over the following years, I came out to more and more of my friends. However, it wasn’t until many years later — in 1998 — that I came out at work.

When I did, the CFO in our Corporate & Investment Bank — someone I’d worked with for years — said to me: “What could I have done better over these years to have made it easier for you?”

This is what we need now more than ever: people proactively asking these types of questions to the colleagues around them. Unfortunately, so many are unsure where to begin or how to advance their allyship. And, while many may think of themselves as allies, few realize that allyship is not a label, it requires action. We all have the power to create positive change when it comes to our colleagues feeling like they belong — no matter how they identify or what differences they bring to the table — by fueling inclusion and promoting safe and accepting environments.

A 2023 survey by the Human Rights Campaign Foundation found that 84 percent of LGBTQ+ workers are out to at least one person in their current job — substantially higher than in 2018, when only 54 percent of LGBTQ+ workers were out to at least one person at work. However, LGBTQ+ workers, on average, are half as likely to be out to their Human Resources department than to coworkers on their team, suggesting a potential lack of trust, or lack of opportunity to report. While we recognize the advancements that have been made to protect LGBTQ+ employees in the United States — in June 2020, the United States Supreme Court affirmed that LGBTQ+ workers are protected from discrimination under the Civil Rights Act of 1964 — recent rulings against the transgender and nonbinary community, as an example, have shown that we still have a long way to go.

It’s also critically important for us to recognize that allyship is not just an action for cisgender, straight people. While allies must come from outside, they must also come from within the community. The LGBTQ+ community is not a monolith, it’s a vast community of diverse identities and orientations, all of which are not equal. LGBTQ+ community members from other marginalized groups, such as women and ethnic minorities, face more barriers. And as LGBTQ+ people around the world are fighting for basic rights and safety in courtrooms and on the streets, members of our transgender and gender expansive community are the most marginalized and at risk. When we look at our workplaces, these groups have even fewer opportunities to grow and thrive.

The allyship we called upon in the past remains essential, but it’s insufficient for today’s needs. We can no longer make meaningful progress with “allies on the sidelines.” It is no longer sufficient for allies to just “stand” with us, we need them to stand up for — and stand in front of — the LGBTQ+ community. The more visible and engaged allies there are, the easier it will be for all people to bring their full authentic selves to work every day.

To help inform our employees of what this might look like in practice, this year, we completed the global roll out of our LGBTQ+ Ally Journey program. Underpinning this program is the idea that allyship is not a label, it’s a series of intentional actions. The actions people can take range from small acts to larger displays of support, including displaying pronouns in email signatures, attending LGBTQ+ trainings, vocalizing support for LGBTQ+ issues, speaking up against harmful or offensive language, and even just talking openly and honestly with LGBTQ+ colleagues or loved ones about their lives.

At JPMorgan Chase, we are leading programming to engage, educate and empower our more than 300,000 global employees to make the pathway to active allyship more accessible. Our digitized Ally Journeys provide this type of direction and support, as well as tangible tools and resources for allies to chart their own path to be able to advocate for LGBTQ+ people around the globe.

Since JPMorgan Chase established the Office of LGBTQ+ Affairs, in 2021, we’ve seen our impact amplified and our progress accelerate. For example, the number of employees self-identifying as LGBTQ+ has grown by 35% year-over-year in 2022, following 50% year-over-year growth in 2021. I can confidently say this progress would not be possible without a commitment from our global allies to making JPMorgan Chase an environment where all employees feel welcomed, equal and included.

Right now, we need everyone, from inside and outside our community, to use their privilege, influence, and/or positions of power to support all members of the LGBTQ+ community, especially those most marginalized — our transgender and nonbinary colleagues, friends and family. So, think about your allyship and potential allies in your organizations, consider how you could be helping employees at every level, and identify specific ways you can take action and have meaningful impact. Together, we can all thrive and ensure that we’re leaving no one behind.

Learn more about how JPMorgan Chase is dedicated to advancing equity and inclusion for the LGBTQ+ community here.

Brad Baumoel is head of JPMorgan Chase’s Office of LGBTQ+ Affairs.

Advertisement
FUND LGBTQ JOURNALISM
SIGN UP FOR E-BLAST

Real Estate

When buying a home, it’s decisions, decisions, decisions

Keeping notes on the process makes for an informed purchase

Published

on

If you’re buying a home, take careful notes throughout the process. (Photo by Andy Dean Photography/Bigstock)

When looking to buy a home, there are lots of details to consider. Many of my clients would come to me and say, “Joe I want to buy a place, but I haven’t decided which neighborhood to buy in.” And the struggle was real. A few clients had everything decided from the color of the hallway walls to the cabinet handles and sometimes which three square blocks they wanted to look at. 

But other clients were occasionally looking at properties in areas as distinct as Union Market/NOMA, Brookland, Logan Circle, and then we would even go across the river to look at a property in Shirlington or the Van Dorn areas of Virginia, which all have their own unique flavor and characteristics.

Sometimes clients would tell me, “I only want to look in Mount Pleasant or Adams Morgan.” Or, “don’t even show me any properties west of this street or south of that street.” My job wasn’t to convince people where to live. It was to just take the parameters they set for me and find as good of a property in that zone as I could, coordinate the showings and, if necessary, offer the strategy.  

One can see that buyers often had more decisions to make than a seller. From a seller’s perspective, the house was where it was, and we just had to make the best of it. But working with a buyer could mean looking at five different neighborhoods, and then being a “thought partner” to help them figure out which were the top two or three areas they had seen, and then further distilling those down into what was available and weighing those options against each other. 

One house could have the dream bathroom but also be located six blocks further from a Metro stop, walkable shopping and dining, and “just too far away from my friends.” Another house could have all the neighborhood options a client was looking for, but was just not in turnkey condition, and would require an additional $30,000 of upgrades once purchased to make it into the dream home they envisioned.  

One activity I often asked buyers to do was to keep an active list in their heads of the properties they liked, and to keep a running rank of the top three. I often encouraged them to bring a notebook along on the journey where they could take notes and write down questions they thought of as they looked. It was an important decision, and sometimes the largest purchase of their lives. Why not take it a little seriously, and take notes? This could often help the buyer later when they felt it was time to decide.  

The point here is, keeping a notebook handy can sometimes help a person with what feels like an overwhelming process. It provides a space to explore how one feels, jot down important details to remember, and then use that to make an informed decision.  


Joseph Hudson is a referral agent with RLAH. Reach him at 703-587-0597 or [email protected].

Continue Reading

Real Estate

Under-the-radar Delaware beach towns smart buyers are targeting

There are other options if Rehoboth prices are scaring you off

Published

on

If you want to escape the crowds and nightlife scene of Rehoboth Beach, Sussex County offers plenty of options. (Blade file photo by Daniel Truitt)

Look, we love Rehoboth. We will always love Rehoboth. Queer folks have been flocking there since the 1940s, and with scores of LGBTQ-owned businesses and a Pride calendar packed tighter than the boardwalk in July, “Rehomo” earned its crown fair and square.

But let’s be honest with each other: trying to buy property there right now feels a lot like trying to get a reservation at the one good restaurant in town on a Saturday in August. Everyone wants in, inventory is tighter than your swim trunks after Labor Day brunch, and the prices have officially entered “are you kidding me” territory.

So here’s a thought: What if you didn’t fight the crowd? What if, instead, you let Rehoboth keep doing its glorious, chaotic, glitter-bomb thing and you quietly built your beach life 15 minutes away for considerably less drama and considerably more square footage? Here are four towns ready for their close-up.

Lewes: The Charming Overachiever

Lewes is what happens when a beach town actually has its life together. Historic charm, walkability, proximity to Cape Henlopen State Park, less crowding, and a strong year-round community. Unlike towns that turn into ghost towns after Labor Day, Lewes maintains a real community all year long, which is more than we can say for some situationships.

And right now, the market is practically begging you to make a move. It’s one of the most desirable and stable markets in the county — built for buyers thinking long-term, not flippers, and Sussex County overall has flipped into genuine buyer’s market territory for the first time in years. Translation: you finally get to be the one with leverage. 

Bethany Beach: My Personal Pick

Full disclosure: I own in Bethany. So consider this section a little biased — and also the most honest thing I’ll tell you in this whole article.

When I drive down from D.C., I’m not looking for more of D.C. I love this city, but I also love leaving it — and yes, some of the people in it too (you know who you are, and so do I). Bethany gives me that full exhale. It’s quiet in the way that actually means something: fewer crowds, slower mornings, a soundtrack that’s mostly waves instead of nightlife. It leans hard into its “quiet resort” reputation, with low property taxes and a limited geographic footprint, and it is not the least bit sorry about it. 

But quiet doesn’t mean isolated. I’ve got a genuinely excellent food scene nearby, real shopping, and a string of charming neighboring beach towns — and when I do want a taste of Rehoboth’s energy, it’s a short, easy drive away. I get to choose my dose of chaos instead of living inside it.

And here’s the part that matters most for this article: the price. If you’ve looked at Rehoboth listings and quietly closed the tab in despair, I need you to hear this — you can absolutely afford a beach house. It just doesn’t have to be in Rehoboth. Bethany’s average home value sits around $848,592, which is still real money, no question — but it buys you more house, more land, and more peace than the same budget gets you closer to the boardwalk. Bethany is welcoming too, just without Rehoboth’s decades of built-in queer institutional history — and for plenty of us, that trade-off is more than worth it. 

Fenwick Island: Small Town, Big Flex

Fenwick rarely gets mentioned and, frankly, it should be insulted. It’s tiny, it’s quiet, and it has beach access without the carnival energy. The market data tends to lump it in with Bethany, where single-family oceanfront homes clear $1 million while entry-level condos start in the $600s — proof that “under-the-radar” doesn’t mean “bargain bin,” it means “fewer people fighting you for it.” 

South Bethany: For the Boat Gays

Some of us want sand between our toes. Others want a private dock and a boat named something deeply unserious. South Bethany’s canal communities are built for the latter — water access on both sides, fewer crowds, and a lifestyle that says, “I have a captain’s hat and I am not afraid to wear it.”

The Math Works in Your Favor Now

Here’s the part that should really get your attention: Sussex County’s median sold price has dropped to $440,000, down 3.3% year-over-year, and buyers are routinely closing around 88 cents on the dollar compared to asking price. That’s a far cry from the unhinged bidding wars of 2021 and 2022, when overpaying was basically a competitive sport. Inventory across the county sits at nearly 2,500 active listings — the most of any county in Delaware, meaning you actually get to be picky for once. Revolutionary, we know. 

And no, choosing one of these towns doesn’t mean leaving your people behind. Sussex Pride serves the entire county, not just Rehoboth proper, and CAMP Rehoboth’s resources extend well beyond town limits too. You’re not exiling yourself to the suburbs of queerness — you’re just getting a bigger kitchen, a quieter porch, and a much shorter line for the bathroom. 

Add in the fact that Delaware has no estate tax and some of the lowest property taxes around, savings that genuinely add up over a retirement horizon, and the case writes itself. Rehoboth will always be the beating, sequined heart of queer beach culture in Delaware. But if you’ve been telling yourself a beach house isn’t in the cards — I’m here to tell you it absolutely is. It just might be 15 minutes south, with your own quiet porch, your own salt air, and considerably more room to breathe. 

Have a real estate question or Rehoboth market tip? Reach out to [email protected] for LGBTQ-friendly real estate resources in the Rehoboth area.


Justin Noble is a Realtor licensed in D.C., Maryland, and Delaware with Monument Sotheby’s International Realty. Reach him at [email protected] or 302-897-7499.

Continue Reading

Real Estate

‘Culture eats strategy for breakfast’

Real estate agents must adapt, learn how to manage from within

Published

on

A real estate agent is contractually bound to act on their client’s behalf. (Photo by Andy Dean Photography/Bigstock)

“Culture Eats Strategy for Breakfast” was a phrase often repeated in many of my management courses from the University of Illinois. The concept was discussed at length – how the best laid plans can sometimes be supported or derailed by the culture of the people involved in whichever project to be implemented. Whether it be a project to implement new software, roll out a new product or service, or just reaching a sales target, the way the team involved works together can indeed affect the outcome.  

Perhaps this is just another way to say, “teamwork makes the dream work!” Most teams usually have someone who is designated as a leader. The leader can try to lead through authority and control or can alternatively try to lead through influence and encouraging a more collective framework for solving problems.  

Why does this matter when picking the right real estate agent or team to work with? Besides having a job as a salesperson for the brokerage, the real estate agent is contractually bound to act on their client’s behalf. The buyer broker agreement is in place so that the agent and the client can work together as a team in communications regarding offer strategy, during negotiations, implementing marketing plans, as well as selecting which renovations or upgrades to choose before selling a property.  After the property goes under contract, the job isn’t “done”.  There is still work to do.  

At this point, the agents then turn into a project manager of sorts – coordinating communications between the lending team, the title attorneys, the other client’s agents, any governmental agencies that could be involved in down payment assistance or helping to clear a property for a sale, and often times groups like a condo board, a home inspector, or contractors when arranging repairs and estimates before a final walk through. 

In short, the agent takes on somewhat of a “leadership role” in the transaction and ensures that all the ducks stay in a row until the project is complete.  That agent will hopefully be very fluid and forthcoming with their information, copying the required parties on all communications and creating a “paper trail” of who said what or didn’t offer to fix A, B, or C, so that all the minutiae of the contract can be addressed and fulfilled before the settlement date.  The agent often must wear many hats and quickly learn the communication styles of an entire new set of people in a short period.  One person may not return calls for a week after being contacted.  Another person may go on vacation at the beginning of the process and not return emails for two weeks.  Another person may wish to have daily updates of the progress of the process. 

In this way – an agent quickly learns in each transaction that “culture can eat strategy for breakfast.” Because the agent must adapt to a wide variety of communication styles, learn how to “manage from within”, build support for closing the project by the due date, and somehow keep all the interested parties invested, engaged, and responsive.  

Who you work with matters when picking the right person to represent you in your next transaction – so, just remember that “teamwork makes the dream work!”


Joseph Hudson is a referral agent with RLAH. Reach him at 703-587-0597 or [email protected].

Continue Reading

Popular