Slide 1

Business Family Dynamics

Thursday, October 2, 2014

Philanthropic motivations and the role of the advisor

A joint U.S. trust study by The Philanthropic Initiative and the Bank of America has shown several discrepancies between the ways in which high net-worth (HNW) individuals and their professional advisors view philanthropic goals, motivations and conversations. Using a sample of 312 advisors and 119 HNW individuals, some of the key findings of the study which could be especially relevant to family enterprise advisors are as follows: •  there are several disconnects between HNW individuals and advisors centering on the initiation and substance...