Since 2002, ACPNS has been surveying professional advisers to affluent Australians intermittently to seek their views and experiences around client and personal philanthropy.
Why?: because professional advisers on finance, wealth management, law, accounting, taxation, estate management and beyond are an important nexus with people who have the capacity to channel significant funding into community need and this topic is part of the ACPNS fundraising subjects and discussions.
Overall, this study suggests a slight shift away from advising affluent clients on philanthropic matters. Findings show that most advisers reported discussing philanthropy with less than 10% of their high-net-worth clients with some advisers expressing concern that discussing philanthropy with affluent clients could dampen their relationship. The report also highlights some perceived lack of organisational and professional association support and the feeling of many advisers that they do not have the expertise yet to advise in this area. These results provide thought fodder for students, advisers, their organisations and sector bodies.
To read the full report visit eprints.
