“Our commitment to philanthropy is greatly enhanced by Paradigm Norton’s approach to financial planning.”
Peter and Helen Wilde
Giving and philanthropy is an intrinsic part of our overall service.
We believe that those who do more for others are the happiest.
Traditionally giving money away has often been regarded as an optional extra within financial planning, open to the minority who have surplus wealth, or perhaps to those who have a strong social conscience. However, we have noticed a change and an increasing number of our clients list charitable giving as one of their key financial planning goals and priorities.
Our role as your Financial Planner is to guide you on how best to manage your money to meet your life goals. The creation of a lifetime cash flow plan will demonstrate your capital position and your capacity to give.
“Social impact investing is a new and exciting approach to invest for social good around the world without directly gifting. This means you can invest in funds that have a positive impact on the world alongside a financial return. We can advise and help you incorporate social impact investment funds into your investment portfolio.”
Richard Child, Director
Social impact investing puts your capital at risk.
Social impact investing offers the opportunity to invest in good causes as an alternative to gifting money.
Led by your beliefs and wishes we can help you to determine your approach to charitable investing, gifting or both.
Reviewing your capital position and ensuring you have sufficient capital to meet your lifetime goals will determine if you can afford to make a gift to charity or if social impact investing would be a better alternative.
If your desire to gift money is affordable, we will review your cash balances and investment portfolio to decide which assets should be realised to make a gift. With the aim of making your gift tax efficient you may be advised to make a gift from your investment portfolio. This could potentially avoid capital gains tax, reduce the capital gains tax on your remaining portfolio and you could also benefit from income tax relief.
Social impact investing is a new and exciting approach to invest for social good around the world without directly gifting. This means you can invest in funds that have a positive impact on the world alongside a financial return. We can advise and help you incorporate social impact investment funds into your investment portfolio.
Of course, we recognise that not everyone will wish to give money away, or be in a position to do so. If you are interested in pursuing such a strategy, we will help you understand your potential to give, either during your lifetime, via your estate or through a combination of the two.
The UN’s 17 social development goals are explained in this downloadable PDF