The Tifin Group, a platform that operates wealth management fintechs, is building out its software that helps financial advisers invest in donor-advised funds for clients.
The Louise by Tifin platform was named after Louise Carnegie, the wife of philanthropist Andrew Carnegie, who was well-known for her own charitable donations. The platform allows clients to donate to more than 1.5 million charities and provides personalized DAFs for giving-aligned investing, according to a release.
The platform's recent acquisition of Amicus.io, an early-stage fintech company that specializes in DAFs, provided new enhancements including a multicustodial platform, a higher level of security compliance and expanded investment options, including custom model portfolios. Louise currently serves about $38 billion in assets on the platform.
"The future of philanthropy is undeniably digital," Cor Hoekstra, co-founder of Amicus.io, said in a statement. The upgrades mark a “new era” of giving that can engage the entire family, added Hoekstra, who will now become the general manager of Louise.
Louise also has the ability to create long-term family plans with gift targets and zero account minimums, according to the release.
Tifin burst onto the wealth management scene in 2018 and has created and operated a number of fintech companies specifically targeting financial advisers.
The firm is now investing heavily in Louise in response to the increased demand for donor-advised funds. DAF assets grew by 10% in the U.S. last year, reaching $160 billion, and are estimated to grow to $1 trillion by 2030.
The leadership changes coming in June, which also include wealth management and digital unit heads, come as the firm pushes to offer more comprehensive services.
Strategist sees relatively little risk of the university losing its tax-exempt status, which could pose opportunity for investors with a "longer time horizon."
As the next generation of investors take their turn, advisors have to strike a fine balance between embracing new technology and building human connections.
IFG works with 550 producing advisors and generates about $325 million in annual revenue, said Dave Fischer, the company's co-founder and chief marketing officer.
Five new RIAs are joining the industry coalition promoting firm-level impact across workforce, client, community and environmental goals.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
