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Philanthropy
September 08, 2010
Habitat for Humanity honors General Colin L. Powell with green South Bronx residence for 50 families....
September 07, 2010
A primary goal for many wealthy clients....
August 13, 2010
This was the strongest first half in the Gift Fund’s 19-year history....
July 24, 2010
Will new fiduciary regulation ‘shine the light’ for retail investors? Some are afraid it will; others welcome it. ...
July 21, 2010
The Financial Planning Association (FPA) has appointed Daniel J. Barry as its managing director of government relations and public policy, the Denver-based advisor advocacy announced June 20 in a release....
July 20, 2010
With the AFR near historical lows, wealth transfer beckons; for GRATs, act before the estate tax kicks in again....
June 04, 2010
For the first four months of this year new contributions to the American Endowment Foundation are up over 300% from the same period a year earlier. ...
May 17, 2010
Accompanying the recovery in equity prices is a renewed level of client confidence—and a desire to resume financial planning that had fallen by the wayside. ...
January 18, 2010
The repeal of the estate tax aside, 2010 introduces the concept of a carryover basis. The assets owned prior to death are no longer stepped-up to the fair market value at the date of death or the alternate valuation date. ...
December 22, 2009
As of December 17th, the House and Senate have been unable to move forward on estate tax reform (or extension of the current law) to avoid the quagmire of the 2001 Tax Act’s (EGTRRA) sunset provision....
December 14, 2009
Estate tax reduction, no setup fees and income and capital gains advantages can make this charitable choice a workhorse for some clients....
November 24, 2009
One of the most significant trends in wealth management and estate planning is the creation and funding of private foundations, especially those controlled by families. ...
October 15, 2009
An old philanthropic planning technique is ready to explode in popularity. Parents have long used charitable lead trusts to make tax-free gifts to their children while using philanthropy as a way to prepare them for wealth. ...
September 21, 2009
Instead of seeing charitable giving as a way to discharge a moral responsibility, donors are viewing philanthropy as a proactive part of the high-net-worth lifestyle....
September 14, 2009
The Obama Administration’s proposed cap on charitable deductions for the highest earners among us hasn’t been front-and-center for several months, but it will grab headlines again....
August 07, 2009
Schwab Charitable expands the investment choices for its donor-advised fund (DAF) accounts and adds asset allocation tools. The result: open architecture....
August 03, 2009
No matter what the economy does, donors are going to continue to shovel hundreds of billions of dollars into the social sector and wealth managers need to position themselves to help their clients give well. ...
July 31, 2009
No matter what the economy does, donors are going to continue to shovel hundreds of billions of dollars into the social sector and wealth managers need to position themselves to help their clients give well. ...
July 28, 2009
Big foundations may get the media coverage, but individual charitable giving dwarfs institutional giving. The way clients make their gifts could be much more effective. Wealth managers can add tremendous value for their clients who give at high levels....
July 09, 2009
Foundation Source is launching a comprehensive advisory service, and has named the firm’s Chief Philanthropic Officer, Page Snow, president of the new service, Foundation Source Advisors....
July 08, 2009
Now investment advisors can retain control of the asset management function for client’s gifts placed in a donor-advised fund (DAF), until the assets are granted out to charities (which can be years)....
June 30, 2009
Super-affluent philanthropists are able to put their assets to work in ways that those with more modest wealth perhaps cannot even envisage. But now more modest philanthropists can, too....
June 05, 2009
Philanthropists Ann and Andrew Tisch will kick-off first event of philanthropic advisors’ network....
May 19, 2009
Many wealth managers know that charitable giving is a priority for wealthy families and incorporate that into their practices. What might come as more of a surprise is that women are driginf the decisions about where and how much to give....
March 01, 2009
For the past few months, I’ve expressed how current market conditions, combined with certain estate and tax planning strategies, can produce remarkable results...
February 01, 2009
The economic downturn may have sowed second thoughts about charitable giving, but it certainly hasn’t eliminated the philanthropic impulse. ...
February 01, 2009
As advisors in multi-family office practices or family-focused wealth management firms, we have a unique opportunity to play a critical role in our clients’ lives. ...
December 31, 2008
What do we know about wealthy individuals and their charitable inclinations? Quite a bit, actually, and perhaps far more than is generally recognized. But much of the knowledge base on the intersectio...
November 30, 2008
Knowing your customers isn’t critical for launching a business, but it comes in handy for staying solvent. But what about advising clients on philanthropy? How much do you really need to know about wh...
November 30, 2008
In my day-to-day job, my primary responsibility is to consult with wealth managers about planning issues that come up and to offer planning techniques to address those issues. My role is to react to t...
December 31, 2006
Most wealth advisors find themselves poorly positioned when it comes to one of their high-net-worth clients’ most worthwhile impulses—the impulse to give money away. With $500 billion in assets sittin...
April 30, 2006
Several years ago, one of advisor Doug Neal’s clients was facing serious tax consequences on some investments that had increased in value during the time she held them. Since the woman was fond of a n...
April 02, 2006
What could be a safer investment to recommend to your clients than Coca-Cola? It’s just some nice sugar-water that everybody around the world likes to drink. Wait a minute—boycotts are erupting at up...
March 31, 2006
Both personal financial advisors and portfolio managers are turning their attention, and shifting their allocations, to some of the smallest listed stocks available, particularly those classified as g...



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