Portfolio Adviser: The gap between philanthropic demand and adviser supply

April 11, 2024

Portfolio Adviser Future has published an article by Global Returns Project Head of Partnerships Rachel Derrick on the demand for philanthropic advice in the wealth management market.

Rachel writes that “41% of UK millionaires say it is important to discuss philanthropy with their adviser, and that figure is higher for the younger cohort, 57% of 18-34-year-old millionaires want help with their charitable giving”.

Despite this demand, Rachel reports that “only 26% of UK millionaires report their adviser ever raising the subject”.

Read the full article at PA Future by clicking the button below.

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