• Multicultural Financial Advisor Forum

Marcus Waterbury Honored as LGBTQ Advocate

Morgan Stanley Financial Advisor Marcus Waterbury was recently named to the Minneapolis/St. Paul Business Journal’s inaugural “Business of Pride” list for his commitment to advancing equality at work and in his community.

Morgan Stanley Financial Advisor Marcus Waterbury was recently named to the Minneapolis/St. Paul Business Journal’s inaugural “Business of Pride” list for his commitment to advancing equality at work and in his community. 

When Marcus Waterbury was called to reception, he had no idea what surprise was waiting for him. Presented with a letter and a cake, Marcus found out he had been nominated for and chosen as an honoree of the Minneapolis/St. Paul Business Journal's first-ever Business of Pride Awards. 

The awards focus on outstanding business leaders in the Twin Cities who champion LGBTQ issues, work on betterment of their community, and demonstrate professional success. The importance of being part of this inaugural group of business leaders selected isn’t lost on Marcus. 

“It’s a publication that people look to know who’s-who in the community; it’s an honor to be part of this inaugural group.” Marcus isn’t sure who nominated him, but as a member of the transgender community he’s grateful for the increased visibility to the cause. 

Since joining Morgan Stanley in 1994, Marcus has seen the firm grow and new protocols implemented to accommodate the LGBTQ community. “When I came into the business, I was Margery. I was quite out in the lesbian community and did a lot of work there. Then in 2004, I transitioned to Marcus and did that with the firm fully on board and supporting me.” 

Not content to let Marcus deal with reactions on his own, Morgan Stanley made sure Marcus had the support he needed during his transition. Marcus appreciates that his employees were congratulatory and that HR was around for anyone who had questions.

“Morgan Stanley was very supportive. I had a great manager. They sent HR out and met with me a few times and put together how it would be rolled out with the rest of the office. They were very available to talk about how it would work with company events, going on trips, etc."

Serving nationally in the transgender community, Marcus served as chair of the board for the National Center for Transgender Equality (NCTE). Being involved in community organizations is especially important for Marcus because visibility is key - it helps young people who are questioning his or her identity and drives conversation about how people can be more open and accepting with transgender people.

With 20+ years at the firm, what makes Morgan Stanley stand out to Marcus? It’s a place where diversity can thrive. “Whether you’re LGBTQ, have a disability or anything else, as long as you do your job well, you’re ethical and you treat people well, that’s what matters at Morgan Stanley.” 

The 2018 honorees will be featured in the Business Journal's Business of Pride special edition in June, as well as online. Honorees also will have their achievements celebrated at a June awards event at Nicollet Island Pavilion .To learn more about the 2018 Business of Pride Awards, visit: https://www.bizjournals.com/twincities/news/2018/04/12/business-journal-announces-its-inaugural-business.html