ABOUT HOSTS

Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 153 out of 715 RIA’s nationwide by total assets under management by [...]

Alan Clopine
ABOUT Alan

Alan Clopine is the CFO & Chairman of the Board of Pure Financial Advisors. He has been an executive leader of the Company for over a decade. As CFO he is responsible for the financial operations of the company as well as investor relations. Alan joined the firm in 2008, about one year after it [...]

Creating a donor advised fund is a great strategy if you’re currently in a high tax bracket and want an immediate tax deduction. It allows donors to make a charitable contribution, receive that tax benefit immediately and then recommend grants from the fund over time. Find out the details of putting this strategy in action and what you can expect to gain from it in this clip of “Your Money, Your WealthSM”.


0:49 “You could put cash into this thing, you could put highly appreciated stock, other assets—it goes into this fund; it’s almost like a family foundation, you manage these assets”

1:17 “You have control over who you’re giving your money to and how much that you give”

1:23 “I can (as a donor) put money into this donor advised fund and get a fairly large tax deduction”

1:30 “We use this strategy quite a bit with our clients, and it does amazing things from a tax perspective but also it gives the client control”
2:14 “Once the money goes in, it’s a one-way street. You can’t pull it back out, so don’t put too much in. It’s going to charity and it’s going to stay in charity but you get to decide what charities get what amounts over your lifetime and there’s no minimum or maximum, so you can start distributing it right away—it’s a very good tool”

3:17 “It’s very much like a private foundation, it works the same way except you don’t have to set up an entity, it’s simply an account that you set up. It’s very easy to do”