Nicsa Logo in White
Nicsa Logo in White
Sign In

Blogs

Content  /  Blog
Nicsa | The Importance of Allyship

The Importance of Allyship

By Nicsa posted Jun 18, 2020

By Jim Fitzpatrick, President & CEO of Nicsa:

 

Amid the social unrest that has gripped the world in recent months, many industry executives have come forward to declare their growing awareness of the need for change. Others have committed to measurable action. While it is sometimes difficult to be hopeful in the midst of turmoil, I strongly believe that there is positive momentum building for diversity and inclusion in the global asset management industry, and I am proud to be working with industry leaders on the Diversity Project North America.

 

One thing’s clear: we have far to go.

 

It is Pride Month. It is Juneteenth. It is a poignant time to reflect on the power of allyship. If you’ve been struggling with the “what can I do to make a difference” question, consider this: allies can actively advance the culture of inclusion through intentional, conscious efforts that benefit people as a whole.

 

While allyship cannot be self-defined, to me it is about listening and learning from different perspectives in the room and taking active steps toward ensuring that those perspectives are embraced.

 

I am continuously learning what it means to be a thoughtful and effective ally. The importance of allyship in the workplace lies in the acceptance that imbalances do exist, and using whatever voice or platform that I’ve been afforded to work toward changing that.

 

So, what can you do right now to make a difference? Take an hour today to:

  • Educate yourself on the importance of allyship;
  • Learn more about how to align with the LGBT+ community at LGBT Great; and/or
  • Listen to #TalkAboutBlack’s panel discussion and call to action, and participate in their #IAM campaign.

 

The Diversity Project is a supporter of, and partner to, LGBT+ Great, an organization that supports and promotes LGBT+ equality. LGBT+ Great kicked off their Project 1000 campaign, a five-year drive to spotlight 1000 LGBT+ role models and supportive allies working in, or with, the industry. I am honored to be a part of this campaign.

 

The Diversity Project North America is a proud supporter of Diversity Project UK’s #TalkAboutBlack team, which strives to develop a pipeline of black leaders in the asset management industry. Learn more.

 

We hope to see you at future Diversity Project North America programs as we work toward a more inclusive global asset management industry.

#DiversityProject
#DiversityandInclusion 

​​

Read More Blogs from Nicsa

Connecting the Dots: Nicsa’s Content Steering Committee Advances Industry Collaboration

By: Nicsa Content Steering Committee The issues shaping asset and wealth management rarely fit neatly within a single business function. Artificial intelligence raises questions across technology, data, compliance, operations, and talent. Tokenization touches product development, servicing, regulation, and investor education. Private markets require coordination across distribution, administration, technology, and the investor experience. For Nicsa, that […]

AI in Action: OpenAI, Anthropic, Microsoft Take the Stage at Nicsa’s Summit

Artificial intelligence is moving beyond experimentation across the asset and wealth management industry, and firms are increasingly focused on more practical questions. At the 2026 Nicsa Asset & Wealth Management Summit, taking place November 10–11 in Boston, industry leaders will move the conversation from AI’s potential to its application. Featured sessions will bring together perspectives […]

Building Practical AI Governance: Takeaways from Nicsa’s Compliance & Risk Management Committee

By: Nicsa Compliance & Risk Management Committee As artificial intelligence becomes increasingly embedded across asset and wealth management organizations, firms are moving beyond the question of whether to use AI and toward a more complex challenge: how to govern it effectively. Nicsa’s Compliance & Risk Management Committee recently convened professionals from across the industry for […]
Copyright 2026. All rights reserved.

Website Design By Branophia LLC

LinkedIn IconMail Icon
magnifiercrossmenuchevron-down