http://www.tacticalphilanthropy.com/2008/11/wealth-management-philanthropy Fri, 09 Dec 2011 20:42:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.tacticalphilanthropy.com/2008/11/wealth-management-philanthropy/comment-page-1#comment-9985 Wealth Management Tue, 12 Oct 2010 21:23:56 +0000 http://tacticalphilanthropy.com/2008/11/wealth-management-philanthropy#comment-9985 Great topic, indeed. I've always respected Warren Buffet for this. He even went as far as loaning his son money for a farm instead of outright giving it to him considering that he had already cashed in his Berkshire shares despite Warren's advice. I wonder if there is room for strategic partnerships here. For example, if wealth managers partnered with another firm that provided philanthropic advice, they could stretch their investment and tax advice without setting up new departments. Great topic, indeed. I’ve always respected Warren Buffet for this. He even went as far as loaning his son money for a farm instead of outright giving it to him considering that he had already cashed in his Berkshire shares despite Warren’s advice. I wonder if there is room for strategic partnerships here. For example, if wealth managers partnered with another firm that provided philanthropic advice, they could stretch their investment and tax advice without setting up new departments.

]]> http://www.tacticalphilanthropy.com/2008/11/wealth-management-philanthropy/comment-page-1#comment-5382 Dan Pallotta Tue, 02 Dec 2008 03:25:33 +0000 http://tacticalphilanthropy.com/2008/11/wealth-management-philanthropy#comment-5382 Great topic Sean. If the expansion of this navigating guidance can include, or indeed focus on, non-traditional destinations for giving - destinations that leverage, instead of annihilate the giving, then the opportunity here is really far-reaching. In other words, if the giving goes to typical program funding then it wouldn't have near the potential that it would if it goes to experiments in revenue generation, which next to no one is funding. When you hit on that wheel, a $100,000 gift could turn into a perpetual annual revenue stream of many millions. Funding for the study and development of, say, a stock market for charity could have leverage in unfathomable multiples. These are things traditional funders are unlikely to finance. Great topic Sean. If the expansion of this navigating guidance can include, or indeed focus on, non-traditional destinations for giving – destinations that leverage, instead of annihilate the giving, then the opportunity here is really far-reaching. In other words, if the giving goes to typical program funding then it wouldn’t have near the potential that it would if it goes to experiments in revenue generation, which next to no one is funding. When you hit on that wheel, a $100,000 gift could turn into a perpetual annual revenue stream of many millions. Funding for the study and development of, say, a stock market for charity could have leverage in unfathomable multiples. These are things traditional funders are unlikely to finance.

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