Launched on 31 August, the starting point for Tactical Philanthropy Advisors is that philanthropy advice needs to be provided in the context of an ongoing relationship. ‘Having worked in the wealth management industry for the past decade, I know firsthand that the most effective way for wealthy donors to obtain advice is as part of an ongoing relationship with an experienced adviser,’ says founder Sean Stannard-Stockton, author of the Tactical Philanthropy blog and co-founder of Ensemble Capital Management, a wealth management company focused specifically on serving the needs of philanthropic individuals and families. ‘The old model of philanthropy consultants who offer outsourced staffing services or bill by the project is not well-suited to the needs of most major donors.’
Tactical Philanthropy Advisors will provide comprehensive, ongoing advisory services for clients with $1 million to $50 million or more in philanthropic assets. It has established working arrangements with Schwab Charitable, Fidelity Charitable Gift Fund®, Calvert Giving Fund and Foundation Source, which will provide administrative, back office services to Tactical Philanthropy Advisors’ clients.