QUT Surveys Financial Advisers on Philanthropy
2 June 2008 at 12:42 pm
Researchers at QUT’s Australian Centre for Philanthropy and Nonprofit Studies (CPNS) are investigating whether Australia’s financial advisors include philanthropy in their discussions with high net worth clients.
The researchers are also asking if a private client’s philanthropy is relevant to the services they offer.
Researcher Dr Kym Madden says while interest in philanthropy is relatively new in Australia except for those at the pinnacle of wealth, some firms are developing services for the broader high-net-worth segment.
Dr Madden says many clients are enjoying higher levels of personal wealth and options to engage in philanthropy are expanding, fuelling such moves but, really, is a client’s interest in philanthropy relevant?
This survey asks questions such as "do you see this as an opportunity in your firm’s practice?" and "what constraints exist in providing such assistance to wealthier clients?"
The on-line survey asks 25 questions and responses are confidential. Only aggregated data is captured and reported.
A recent survey in the US by the Centre on Philanthropy found that financial advisors may have a conflict of interest in deciding whether to raise the ‘giving’ question with their clients.
It says any major gift reduces the donor’s assets under management and consequently payment for the donor’s advisor.
To complete the Australian survey, go to:
For inquires contact Dr Kym Madden, Chief Investigator at email: firstname.lastname@example.org or on telephone: (07) 3138 9298.
Information about the survey is available from the web link; additional information available by return email to Katie McDonald, Research Assistant at email: email@example.com or on telephone: (07) 3138 1939.