(and Their Wealth Generally)
? More than half of high net worth individuals (53%) feel obligated to share their family’s wealth with charitable causes, but the wealthiest are concerned about the details of their giving.
? Among people with $10 million or more in investable assets, 28 percent said that deciding which financial charity to donate to was one of their top three financial worries. This illustrates the scope of the opportunity for advice and counsel.
? More than one-third of people with $10 million or more in investable assets do not have a healthcare proxy, will or trust to protect their assets, nor a named trustee or administrator.