An important component of financial planning clients care about but advisors may be overlooking? Charitable giving.
The vast majority of high-net-worth households — 98.4% — give to charity according to research from Indiana University. A recent U.S. Trust study also found that affluent individuals rank philanthropy as their third most important use of wealth, immediately following financial security for their family and financial independence.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access