# For Financial Advisors: Getting Started

## Financial Advisors and GiveWise

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#### Why Partner with GiveWise as an Advisor?

GiveWise empowers financial advisors to integrate charitable giving into their clients' wealth management strategies seamlessly. By partnering with GiveWise, advisors can:

* Help clients optimize their tax strategies through effective charitable giving.
* Offer a Donor-Advised Fund (DAF) solution that provides flexibility and control.
* Retain assets under management (AUM) while earning fees.
* Strengthen client relationships by offering tailored giving solutions that align with their values.

With GiveWise, financial advisors retain assets under management and continue earning at-market fees while empowering clients to grow their charitable impact through a Donor-Advised Fund.

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Check out a testimonial from one of our Financial Advisor users!
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#### Key Benefits

**1. Tax Optimization**

* Clients can donate appreciated securities directly to avoid capital gains tax while maximizing the charitable impact.
* Leverage strategies like structured flow-through share donations to maximize deductions in high-income years.

**2. Retain Investment Control**

* Accounts with balances over $25K are eligible for investment growth under your management.
* Clients benefit from familiar investment strategies while growing their charitable funds.

**3. Streamlined Giving**

* Centralized platform for all charitable activities, including a single tax receipt and detailed giving history.
* Clients can make grants to any registered Canadian charity anytime, from any device.

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#### How GiveWise Works for Financial Advisors

**1. Opening a Giving Fund**

* Clients can open a GiveWise Giving Fund in just 5 minutes.
* Assets such as cash, appreciated securities, or other assets can be donated.
* Clients receive an immediate tax receipt.

**2. Flexible Investment Management**

* Advisors manage the donated assets within GiveWise’s flexible investment policy.
* Clients’ Giving Funds grow, increasing their charitable impact over time.

**3. Granting Funds**

* Clients use the GiveWise platform to grant funds to any registered Canadian charity.
  * Grants are processed efficiently, with investment liquidations requiring a simple liquidation approval.

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#### Optimize Tax Strategies with Donor-Advised Funds

Donor-Advised Funds (DAFs) offer an innovative solution for clients looking to:

* Separate tax decisions from the timing of charitable giving.
* Donate appreciated assets to maximize tax advantages while supporting charitable causes.
* Continue investing assets to grow their charitable impact over time.

**Example:**

* If sold and then donated, they'd  pay capital gains tax on $700. Instead, by donating the shares directly to a DAF:
  * They avoid the capital gains tax.
  * Receive a tax receipt for $800.
  * $800 is available for granting to charities, maximizing both tax benefits and charitable impact.

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#### Learn More

To explore how GiveWise can enhance your advisory services, contact us at <dan.kyte@givewise.ca> or visit our website at [www.givewise.ca](http://www.givewise.ca/). Together, let’s empower your clients to grow, protect, and share their wealth while making a meaningful impact.

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