Advisors do a lot for their communities. But they’re usually too busy to handle publicity work for their philanthropy.
That’s the job of Invest in Others, a charitable organization that aims to give advisors the recognition they deserve for this good work with its annual Community Leadership Awards.
Each year, Invest in Others selects three finalists for five awards — with the award winner getting $20,000 for their designated charity and the two other finalists getting $5,000. The winner of the Lifetime Achievement Award will receive $25,000 for their cause.
“Financial advisors are very humble about their philanthropic activities,” said Bill Dwyer, chairman of the Invest in Others board, in an interview with ThinkAdvisor. “We are designed to raise recognition for the work that advisors already do for their communities and the causes they support, which should help them raise even more funds for their charities.”
Online nominations are due April 15, and the awards ceremony is set for Sept. 30 in New York.
Dwyer, who also is CEO of Realty Capital Securities (RCAP) and formerly served as president of LPL Financial (LPLA), has helped steer the group toward more activities and more diversity in recent years.