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Tap Into Your Clients’ Interest in Charitable Planning

Wealth Management

Financial advisors should prioritize charitable giving discussions to meet growing client interest and strengthen relationships with younger generations.

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Advisors Are Underestimating Charitable Giving

Wealth Management

A new Fidelity Charitable study suggests there is an opportunity for advisors to lean into charitable planning to attract clients and enhance existing client relationships.

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Weekend Reading For Financial Planners (July 26–27)

Nerd's Eye View

In the report, Schwab also identified key traits of "top performing" firms (including having a defined ideal client persona and a defined client value proposition) and the key strategic initiatives respondents plan to pursue (with generating client referrals topping the list for the third consecutive year, followed by recruiting new staff).

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Charitable Gift Annuities – Creative Solutions for Different Donor Needs

NAIFA Advisor Today

Increasingly, nonprofits, donors, and financial professionals are leveraging CGAs to meet a variety of financial and charitable objectives with a single gift. Simple to establish and available in multiple formats, CGAs can even be funded through a qualified charitable distribution (QCD), making them a versatile tool for charitable planning.

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Creative Charitable Planning with Non-Cash Assets: A Case Study Approach

NAIFA Advisor Today

While these assets are estimated to total between $40 and $60 trillion in value, they make up less than 2% of all charitable donations. For financial professionals working with affluent clients, understanding how to leverage these assets is essential to providing effective tax and philanthropic planning strategies.

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Heather Zack on the Power of Charitable Planning

Wealth Management

Heather Zack, manager of advanced planning at Commonwealth Financial Network, offers tips on how to use charitable planning to expand an advisor’s client base.

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Recurring Problems In Charitable Planning

Wealth Management

Traps to avoid when donors make significant gifts.