Prepare to transform your financial advising approach with industry stalwart Mike Todd, as he guides us through the heart and soul of philanthropy in wealth management. Mike unveils his journey from a zealous stock market guru to an altruistic philanthropic strategist, providing a blueprint for advisors to intertwine clients' charitable ambitions with their financial objectives. You'll gain invaluable insight into fostering deeper client relationships by tapping into their passion for social impact, learning how these connections can extend well beyond mere transactional interactions.
We also pull back the curtain on the dynamic world of family philanthropy, where Donor Advised Funds (DAFs) and family foundations become tools for bonding, teaching, and legacy building. Listen to moving anecdotes of families uniting through shared charitable endeavors and discover the strategies that enable parents to pass the philanthropic torch to their children. Mike Todd further sheds light on the nuances of philanthropic investing in Canada and the burgeoning trend of investments that mirror personal values, through impact investing and ESG strategies—a shift that's reshaping the investment terrain as clients demand portfolios that reflect their ethical convictions.
Links mentioned in this episode:
https://www.linkedin.com/in/miketodd/

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Staying Ahead of the Curve: Insights for Financial Advisors
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