Big Banks and so called Philanthropy Experts

By |August 7th, 2013|

Why do all the big banks in America with their private wealth management groups think they know all about philanthropy? Managing wealth is one thing, diversifying portfolios are another, and estate planning is a whole other beast. But when it comes to philanthropy, or giving well, as I like to think about it, philanthropy entails so much more insight, wisdom and knowledge that the big banks simply do not have. They are not well read on the subject matter from either a practical standpoint or an academic standpoint. Most barely give any major [...]