Pence Wealth Management offers a full suite of philanthropic services to foundations, donors and non profits—including strategic planning, asset management, and administrative resources. Our focus is to help you empower your impact and help you select the best course for your philanthropic activity. We support you to maximize the benefit to the causes you choose to support and your personal and financial goals. We are process-oriented and client-focused, creative, trustworthy and dedicated to helping you use your financial success to help others and create a legacy of giving. We have the expertise to integrate your philanthropic activities to maximize the benefit to the causes you support and your personal or institutional financial goals.
Services to Foundations
The Pence Wealth Management Team delivers a high level of expertise in the management of foundation assets. We help donors create family foundations and attend annual foundation meetings. In addition to creating foundations, we are well equipped to help you focus your foundation strategy, establish or review Investment Policy Statements, and provide ongoing asset management with on-line account access. Pence Wealth Management understands that in today’s economy, foundations are facing unprecedented challenges as they strive to achieve the core mission under which they were born. We understand that now, more than ever, it is important to seek out experts for the purpose of developing strategies for maintaining a sustainable organization, and having the freedom to pursue what is most important to your cause.
As an independent and unbiased firm, we specialize in the creation of prudent investment solutions and the purposeful execution strategies designed to generate the income to fund your capital requirements and grant-making aspirations. We provide the intellectual capital and resources needed to empower your impact including:
- Asset management designed to help fund your purpose
- The review of your Investment Policy Statement (IPS) based on the current economic environment
- The use of sophisticated analytics to help predict the longevity and financial means of your organization
- The adherence to guidelines set forth in the Uniform Prudent Management of Institutional Funds Act (UPMIFA)
Services to Donors
Pence Wealth Management is thoroughly committed to philanthropy. To us, this means not only empowering the impact of a philanthropic gift, but helping the donors fully understand the significance of giving. We educate donors and their families about various types of philanthropic vehicles. Charitable planning is coordinated and incorporated into the donor’s overall financial and estate plan. Choosing the right vehicle for giving is very important. Each donor’s goals are considered to help maximize not only the social impact of the gift but also its benefits to the donor. Whether it’s providing anonymity or capitalizing on tax efficiencies that, in the end, can help you give even more, our approach, will help you define and achieve your philanthropic ambitions. We believe that true philanthropic planning embraces the convergence between financial management and giving opportunities to help our clients navigate the philanthropic landscape.
To learn more about Planned Giving, click here.
Services to Nonprofits
Pence Wealth Management’s extensive experience allows us to work closely with nonprofits to maximize opportunities in planned giving, as well as provide planning support on capital campaigns. Our team members have decades of experience in the nonprofit arena and are prepared to work hand in hand to help nonprofits achieve their charitable mission. Our goal is to partner with our clients to gain a clear understanding of existing needs and challenges in order to build a plan that will help our clients successfully reach their future goals.
Pence Wealth Management has formed relationships with several premiere service providers to offer our clients services which fall outside of our traditional scope.
Implementation of your philanthropic strategy is only the beginning of our ongoing commitment to you. Continued collaboration with you and your trusted professionals ensures that we continue to support your investment objectives. As markets fluctuate and objectives change, we make ongoing tactical adjustments, as needed, consistently strategizing to ensure that your plan complements your changing priorities.
Our philanthropic services include:
- Advanced portfolio and investment management & analytics
- Comprehensive financial planning
- Advanced estate planning
- Investment consulting
- Tax-sensitive investing
- Comprehensive Planned Giving guidance, including:
- Business exit planning
- Financial windfall planning
- Trust services*
- Foundation and endowment guidance
* LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial.