If you’re using Excel spreadsheets for wealth management, you may have wondered about the value of a wealth management platform, and at what point it makes sense to investigate the options.
Philanthropy has always played a crucial role in shaping communities and driving positive change. As time rolls on, each generation’s philanthropic priorities and approach to giving evolve. Understanding these differences and bridging the gap between older and younger generations is crucial for nonprofits to grow their supporter base and drive meaningful change.
Return on investment (ROI) is the profit earned on an investment divided by the cost of that investment. Although this calculation fails to directly account for the time value of money – an important consideration as some investments take longer to return profits than others – it offers a quick, useful way to estimate the future success of a given project. How can you apply this concept when evaluating potential investments into new technology? What factors should you bear in mind? Here we outline our suggestions.
As digitalisation reshapes the global economy, a trend of so-called crypto philanthropy has emerged. Involving cryptocurrencies such as Bitcoin and Ethereum, this innovative concept provides a borderless and bureaucracy-free alternative to traditional philanthropy and is poised to take on a powerful role in charitable giving.
Whether you are overseeing a private foundation or a public charity, it is essential to have effective practices in place to ensure the responsible stewardship of your organisation's resources. By implementing best practices in foundation asset management, you can maximise the impact of your philanthropic efforts and safeguard the long-term sustainability of your foundation.
Understanding the key differences between charity and philanthropy is essential for high net worth individuals seeking to make a meaningful impact with their contributions. Both approaches have their merits and can complement each other in a comprehensive giving strategy. In this comprehensive article, we explore the definitions of charity and philanthropy, their implications, and the ways in which they shape our society.
Philanthropy dates back to Greek society. According to the US financial media website Investopedia, Plato instructed his nephew in his will to use the proceeds of the family farm to fund the academy that he founded in 347 B.C. The money helped students and faculty keep the academy running.
Portfolios of ultra-high-net-worth individuals (UHNWIs) stand out for their multifaceted nature. Managing these vast and diverse assets requires not only precision but also a broad perspective that includes every aspect of each investment. The Altoo Wealth Management Platform, a Swiss startup, offers effective solutions in asset management and consolidated digital reporting. The Altoo's revolutionary methodology simplifies the complex pattern of UNWI portfolios, delivering clarity and insight via advanced technology. This article delves into the world of UHNWIs and investigates how The Altoo Platform sets the benchmark for efficient, effective portfolio management.
Significant advancements in digital technology are driving an enormous shift in the wealth management industry. This transformation is altering the way wealth management services are delivered, with major implications for trusts and foundations.
Artificial intelligence (AI) has emerged as a transformative force in many industries, and philanthropy is no exception. AI's potential to revolutionise philanthropic efforts by streamlining processes, improving decision-making, and facilitating research is increasingly recognized.
Market dynamics, technological advancements, and changing client needs are what keep the asset and wealth management landscape in flux. The year 2024 brings forth a host of trends that redefine how individuals and businesses approach managing their assets and securing their financial futures.
Private foundations have demonstrated an unwavering commitment to philanthropy despite economic uncertainties and market downturns. The recently released 2023 Report on Private Philanthropy highlights trends within these foundations and provides valuable insights into their impact on charitable causes.
Swiss entrepreneur and philanthropist Hansjörg Wyss has made a remarkable impact in the fields of business and philanthropy. With a net worth estimated at more than $4.7 billion, Wyss has dedicated his wealth to causes close to his heart, particularly environmental protection, health care, and scientific advancement.
To preserve and grow family wealth across generations, families often turn to innovative digital solutions that provide a comprehensive view of their assets. Traditionally, the responsibility of managing family wealth has been passed down through generations, often resulting in challenges and the potential dissipation of wealth. However, with the rise of digital solutions, families now have powerful tools to navigate these complexities and preserve their wealth for generations to come.
European foundations, with their substantial endowments and unwavering commitment to social good, offer valuable opportunities for NGOs seeking funding. In this comprehensive guide, we explore the top ten philanthropic powerhouses in Europe, examining their mission, impact, and endowment size. Driven by a commitment to social good, these foundations disburse billions of dollars annually to support various causes and initiatives.
In the world of philanthropy, there are standout figures whose impact goes far beyond their fame. Oprah Winfrey, J.K. Rowling, and Leonardo DiCaprio are prime examples. In this article, we'll explore the inspiring stories of these three remarkable celebrities who have used their success to make a positive difference in the world.
The Swiss Jacobs Foundation is the world's leading foundation promoting innovation for children and young people. It has already initiated several projects around the world and promoted development for children and young people through its investments. Read below for the most important information about the Foundation and what makes it tick.
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To successfully help high-net-worth individuals (HNWIs) preserve and grow their wealth, a family office (FO) requires more than expert asset management and financial planning skills. It also needs comprehensive visibility into all the family’s assets—both those the FO manages and those it does not. Open banking is here to help. This article explains how.
To boost the efficiency of the Swiss wealth management business and to strengthen Switzerland as a financial and innovation center are two main goals of the OpenWealth Association. The community of banks, wealth, and wealth managers was established in 2021 in Zurich to develop, define, maintain, and operationalize the Open API standard for the wealth management community.
Whether you’re looking for a net-new wealth management platform, or looking to make a change, customer satisfaction should always be a top priority. It’s important to make sure your wealth management platform provider can deliver both the technology and the service that you need.
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Diversification is a cornerstone principle in wealth management. From the performance perspective, mitigated risks and enhanced returns are universally recognized benefits of allocating investments across various asset classes.
