Advice needed? Philanthropy amongst UHNWIs and family offices in the UK, Germany and Switzerland

Venue: Schroder Investment Management Limited, 31 Gresham Street, London, EC2V 7QA. Nearest Tube: St Paul's
Start: 15/04/2008 - 17:30
End: 15/04/2008 - 19:00
Organiser: European Association for Planned Giving
Fee:
Tel: 01622 859356
Email: sue@plannedgiving.org.uk
Website: European Association for Planned Giving (EAPG)

EAPG London Roundtable 15 April 2008 5.30 -7.00pm

Philanthropy amongst ultra high net worth individuals and family offices in the United Kingdom, Switzerland and Germany

Discussion Leader: Plum Lomax, New Philanthropy Capital

Recent research into wealthy donors and family offices in the UK, Switzerland and Germany, undertaken by Scorpio Partnership, has provided a unique insight into the landscape of European philanthropy.

Respondents had a net worth ranging from $90mn to $2.5bn, and on average give away 5% of their net worth each year. Wealthy individuals and families may have a plethora of advisors to hand, but they still struggle when seeking suitable advice to help them launch a philanthropic programme or select suitable charities.

The roundtable discussion will focus on the main findings of this research, which were that::

* Wealthy individuals are struggling to find suitable philanthropy advice – their trusted advisors are not sufficiently meeting their clients’ needs, other than establishing legal giving structures.
* Enormous opportunities exist for private banks, lawyers and other advisors to provide a more holistic service to their clients, while enhancing their relationships with clients at the same time.
* Charities need to change the way they present themselves to a new breed of results-oriented donors.
* Donors are wary of supporting large charities – there is demand for analytical processes to hold large charities accountable to donors
* Donors have an interest in exploring forms of feedback that don’t burden charities