In preparation for tax time many of our clients look for opportunities to maximize their charitable contributions especially in a “windfall” year One way to do this is with a Donor Advised Fund which allows donors to make a charitable contribution receive an immediate tax benefit and then recommend grants to charities over time, Our clients often make their charitable contributions is by donating to a donor advised fund Think of this as an easier and less costly alternative to a charitable family foundation How a donor advised fund (DAF works You donate either cash or appreciated stock to the donor-advised fund and receive the allowable charitable tax deduction You with the support of your advisor control the investments…, Give appreciated stock , The full value goes to the donor-advised fund The Fund does not have to pay capital gains on the appreciated stock, Give more in a windfall year , You can maximize your deduction and then give to charity over time, Receive only one charitable deduction notice , on the contribution even though the grants are going to multiple charities Next steps The concept is simple and the approach is savvy That said this type of donation should be integrated into your overall charitable giving strategy Discuss this with your wealth advisor to see how best to maximize the benefit of the donation as well as the long term impact on your financial plan , Published  February 2025, https//givingusaorg/wp-content/uploads/2022/06/GivingUSA2022_Infographicpdf

Combining a bottom-up and top-down strategy for long-term success, Most active investing entails bottom-up fundamental analysis By analyzing valuation metrics and financial statements investors try to determine what to buy what to sell and when However when investors use similar processes they may produce strikingly similar blind spots when external influences are not considered We believe the ability to incorporate exogenous factors into one’s decision making…

Aaron Heltsley is a Senior Vice President in Mesirow Fiduciary Solutions He provides extensive quantitative and qualitative investment research for the groups fiduciary partnership consulting institutional due diligence and other related engagements Aaron has 12 years of experience in the financial services industry Prior to joining Mesirow in 2018 he was a Senior Investment Analyst at IRON…

Aaron Wham is a Managing Director and Head of Portfolio Management in Mesirow Currency Management He is responsible for on-going implementation of investment strategies and policies performing portfolio research initiatives in relationship with the Currency Management CEO and interaction with the group’s global and diverse client base Aaron has more than 10 years of currency management experience…

 

Adam Goldman is a Senior Managing Director and Wealth Advisor in Mesirow Wealth Management in Chicago IL He works with individuals families endowments and foundations as well as officers and directors of public and privately held corporations to evaluate and implement investment strategies His practice includes advising on wealth development preservation and distribution This comprehensive…