Advisers urged to encourage philanthropy amongst HNW clients

To combat the financial services' 'philanthropy knowledge gulf'

Isabel Baxter
clock • 2 min read

Advisers have been urged to help more high net worth (HNW) individual clients navigate philanthropy.

Philanthropic network Community Foundations has noted that philanthropy is an "increasingly integral" part of a client's long-term strategic financial planning goals, and advisers need a network of sector specialists to navigate it. The giving network also noted that it can be a challenge for HNW clients to find the right organisations to support. A philanthropy report from Pro Bono Economics in November 2023 found that there is a "philanthropy knowledge gulf" in the UK's financial sector, which is preventing financial advisers from engaging their clients on philanthropy despite a "cl...

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