In the past Wealth Advisers were often reluctant to talk about philanthropy for fear of offending a client who was not interested in a conversation about sharing their wealth.
But clients’ needs are changing so a new kind of wealth management is emerging. Women will control more than 70% of the money passed down over the next two generations and they frequently welcome conversations about “doing something good” with a portion of their wealth.
Tax efficient planning is also leading to intergenerational wealth transfers and millennials (those born between c.1980-2000) rate proactive philanthropy much more highly than their parents and grandparents.
All this means that people like you can build stronger client relationships (and have a massive impact on charitable causes) if you’re equipped to stimulate conversations about philanthropy.
Quartet Community Foundation is a philanthropy advice service and our ethos centres on sharing what we know. We’re here to help you develop your philanthropy advice offering. Contact us today to find out how we can equip your client facing teams to talk about philanthropy with clients and build closer, more impactful relationships. Contact Emma.Gregory@quartetcf.org.uk to find out more or book your session.