Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Private Wealth Management? Ask the Experts Comparethefinancialmarkets.comMaking philanthropy a part of your private wealth management offers a wide variety of benefits. Discussing charitable options with the staff at Compare the Financial Markets can help you to not only grow your wealth get a return on your investment
There is no shortage of options when it comes to ways in which to handle private wealth management. Investment opportunities abound in the form of everything from start-up companies to stamp collecting. However, many people are now beginning to realize the potential in philanthropy both in terms of financial gain and the benefit it can bring to their own community. The fact is, philanthropy pays off big in more ways than one. Giving to Others Gives Back to You - Philanthropy has always been a part of private wealth management. The CFA Institute is a global non-profit organization which not only sets the bar for investing professionals but also examines various opportunities and trends. They focused on philanthropy as a successful investment option in their February 2013 journal as part of their focus on private wealth management options. Their study found three key elements which make philanthropy a worthwhile investment option. - Greater Meaning and a Bigger Impact - Philanthropic investments provide a greater return for clients when the charity or endeavour is an extension of the investor's own beliefs, values or interests. - Make it Personal - Investors who get involved on more than one level find that they are able to gain both financial return as well as a return both emotionally and spiritually. This makes them more likely to invest in the future and helps bolster the charity. - Thinking Locally and Acting Globally - Local philanthropic investments help to bolster the local economy and, in turn, can help improve the economic outlook nationally and even globally. Making philanthropy a part of your private wealth management offers a wide variety of benefits. Discussing charitable options with the staff at Compare the Financial Markets can help you to not only grow your wealth and get a return on your investment but it can also help contribute to a healthier local economy while giving you the satisfaction of knowing you're helping your community and the world. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|