A new report from UBS AG says that gay and lesbian investors are more optimistic than other investors, but may have more personal financial concerns.

UBS says that a survey of 500 investors in the United States who self-identify as members of the lesbian, gay, bisexual, and transgender community (LGBT), and 2,000 other investors in late September through early October 2013, finds that LGBT investors are feeling more optimistic than other investors about the economic outlook for the U.S. and their own personal finances.

The firm says that this more-optimistic outlook is visible in both LGBT investors’ long-term perspective and their mid-term view of the economy, compared to other investors. Regarding their own personal finances, 59% of LGBT investors said they were extremely, or very confident, they would meet their financial goals, compared to 52% of other investors, it notes.

The report suggests that the higher levee of optimism is at least partly attributable to a recent U.S. Supreme Court ruling overthrowing the federal Defense of Marriage Law (DOMA). Indeed, kit notes that 48% of LGBT investors feel that the DOMA decision will have a positive impact on their financial security.

That said, the firm also reports that the LGBT community still has more personal financial concerns than investors generally. UBS says that LGBT investors are more worried about being able to afford the health care and support they need in their old age, having someone to care for them in their old age, and having enough money set aside for retirement.

And, it says that four out of the top five concerns for LGBT investors are unique to the community: being able to find LGBT-friendly care facilities, marriage equality, having the right to make health care decisions for spouses/partners, and ensuring assets pass to their spouse/partner at death.

LGBT investors do not feel they need an LGBT advisor, the firm reports, adding that only 18% have one. And, it notes that while they are highly satisfied with their advisors, they are less satisfied that those advisors understand the financial challenges facing same sex couples, or that they work at firms committed to the LGBT community.

Finally, the firm also says that LGBT investors report that they have a higher appetite for investment risk than other investors, yet their actual asset allocation shows them acting more conservatively, and holding more cash than other investors.

“LGBT investors are more optimistic than other investors about both the U.S. economy and their own personal finances, likely in part due to DOMA,” said Emily Pachuta, head of investor insights, UBS Wealth Management Americas.

“But we also see that LGBT investors are more worried about the personal financial issues they share with other investors like having enough money set aside for retirement,” she adds. “Plus they have additional concerns that are unique to the LGBT community such as being able to find an LGBT-friendly long-term care facility when they get older.”