The U.S. Trust Study of the Philanthropic Conversation: Understanding advisor approaches and client expectations
Posted on October 8, 2013 by Bank of America Private Bank, The Philanthropic Initiative
The vast majority of high net worth (HNW) individuals give to charity, and many feel that philanthropy is an important aspect of their wealth experience. HNW individuals are increasingly relying on professional advisors for support with their charitable activity. However, the philanthropic conversations with and advice provided by their advisors are not always aligned to their needs. Several disconnects between HNW individuals and advisors center on the initiation and substance of their philanthropic discussions… Read More