The 2014 U.S. Trust® Study of High Net Worth Philanthropy found that philanthropic giving by households with at least $5 million in assets rose by an astounding 43% over the two-year period ending in 2013, with average donation amounts reaching $166,602.
Historically, there’s been significant confusion over the issue of fees and investment advice.
As Greece teetered on the brink of financial collapse, Eurozone leaders agreed to give the country up to $96 billion in fresh bailout loans as long as the government of Prime Minister Alexis Tsipras manages to implement a round of punishing austerity measures in the coming days. However, the drama is far from over.
I hope you enjoyed a happy and safe Independence Day holiday and weekend with family and friends!