Skip to main content Scroll Top

Advisors Can Help Clients Develop Charitable Giving Strategies

0
2021 Investing Principles National & Regional Press Taxes December 20, 2021

“Charitable giving may not be the first reason someone consults an advisor, but it’s an area where they can help clients develop a strategy” writes Sam Del Rowe of Financial Advisor IQ in his article, Advisors Can Help Clients Develop Giving Strategies. 

Del Rowe continues, “Charitable giving by wealthy Americans increased by 48% on average to $43,195 in 2020 from $29,269 in 2017, according to a report by Bank of America’s private bank and the Indiana University Lilly Family School of Philanthropy.”

StrongBox Wealth’s own Chuck Cooper III, CFP® was interviewed by Financial Advisor IQ on what trends the firm is seeing in the industry and how they are advising charitably inclined clients. In the article, gifting appreciated assets, utilizing a Donor Advised Fund, and bunching multiple years’ worth of giving into one year are all discussed as strategies to optimize charitable giving. StrongBox Wealth encourages clients to contact their office to schedule a private consultation to design a custom fit charitable giving strategy.

Read Full Article

Chuck Cooper III, CFP®

Wealth Advisor, Managing Partner

StrongBox Wealth

LEARN MORE
LEARN MORE
LEARN MORE

brenden ellis

Brenden Ellis is a Wealth Advisor at StrongBox Wealth, where he works with individuals, families, and business owners to make thoughtful financial decisions with clarity and confidence. His work centers on retirement planning, tax-aware investment strategy, and long-term wealth planning, helping clients align their financial resources with their personal and professional goals.

A native of Lee’s Summit, Missouri, Brenden began his career in 2021 in Commerce Bank’s commercial lending training program. He later became a Healthcare Relationship Manager in Kansas City, specializing in physician practices. Through that role, he gained deep experience in physician equity structures, practice financing, and real estate lending. Working closely with medical professionals shaped his understanding of the complex financial lives of high-earning specialists and ultimately led him to transition into private wealth advising.

Brenden earned his Bachelor of Science in Finance from Iowa State University. He currently serves on the Board of Directors for Saint Luke’s East Hospital and lives in Prairie Village, Kansas with his wife, Nicole, and their dog, Theo.

Outside of work, Brenden enjoys racing triathlons and other endurance events, along with cheering on the Kansas City Chiefs and Iowa State Cyclones.

Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.