The Donate to Eliminate strategy is a practical approach for donors using the exemption from capital gains tax on donations of appreciated securities. This strategy ingeniously uses a tax strategy to support philanthropic goals. And, by focusing on the donation of appreciated public securities, such as stocks, this method not only amplifies the value of charitable contributions but also smartly...
Wealth can be a powerful tool in crafting a purposeful, fulfilling life. However, managing it effectively and living a balanced life can be challenging. Conduction wealth management for purpose is especially challenging. Here are five ways to live positively with wealth, ensuring it enhances your life and the lives of those around you. Before we begin, let’s put your financial knowledge...
Customized reporting is important, but investors often rely on reports provided by the managers of their investment accounts, but this reliance can lead to a skewed perception of performance. Investment managers, driven by a natural inclination to showcase their success, may present results in the most favorable light. This phenomenon, akin to viewing through 'rose-colored glasses', can mask underlying issues...
Consolidated reporting implementation may seem straightforward, but its complexity often leads to challenges for investors when producing meaningful reports. This post aims to simplify the process, addressing the needs of stakeholders like principal investors, advisors, accountants, and tax compliance professionals. Before we begin, let’s put your financial knowledge to the test. Try out our free financial literacy quiz and see how you...
Managing and transferring wealth across generations is a formidable challenge. And often, the most important element is the perspective of the family members, rather than any specific investment strategy. So, at our family office, we understand this journey is about more than just numbers and assets. It's deeply rooted in values based wealth management that will define your family's legacy....
As many wealthy inheritors will attest, the “freedom” that comes from material abundance can lead to a paralyzing myriad of choices. Rather than liberating, wealth can often make the journey towards finding a meaningful contribution – a vital part of a rewarding life – surprisingly complex. So to help demystify this journey, this post describes the ways that wealthy...
Family office investors are taking an increasingly significant role advancing environmental, social, and governance (ESG) objectives through their investments. One key strategy gaining prominence in this space is the use of "catalytic capital." Catalytic capital is a dynamic financial tool that combines private capital, pooled investment funds, and charitable capital to drive positive social and environmental impact while achieving financial...
To improve impact, it's crucial that all charitable foundations continuously refine their approaches to increase their efficiency. Here, are six strategies to help your foundation amplify its impact:
Bookkeeping for charitable foundations isn't just a good practice—it's pivotal. And thankfully, efficient bookkeeping for your charitable foundation can be easy. But for success, you need a partner who understands the specialized demands of charities to ensure your foundation maintains compliance. Before we begin, let’s put your financial knowledge to the test with our free financial literacy quiz! Here are two...
When it comes to multi-generational wealth management, is financial wealth the only capital worth cultivating? While financial capital is significant, considering various aspects of capital, including human capital and leadership, is essential to successfully transition wealth across generations. This post explores some strategies that can aid the transition of wealth to heirs and unearths the varied forms of capital that often...
