FAIRFIELD, Conn., May 18, 2020 – Foundation Source, the nation’s largest provider of comprehensive support services to private foundations, and Endowment Wealth Management, Inc. (EWM), today announce their strategic alliance to provide high-net-worth and ultra-high-net-worth clients with optimal foundation guidance and management.
“Declaring this alliance confirms and celebrates the synergy our firms have shared for several years,” said Jessica Donahue, head of strategic alliances for Foundation Source. “We greatly appreciate the opportunity EWM affords us to augment their services and help their clients achieve their philanthropic goals.”
The firms began working together when an EWM client who was working through a community foundation required help transitioning to a family foundation model. The client desired greater long-term, multi-generational participation from their family and a cost-effective online platform for managing their foundation. To meet these needs, EWM turned to Foundation Source’s complete outsourced solution that includes foundation creation (when needed), administrative support, active compliance monitoring, philanthropic advisory services, tax and legal expertise, and online foundation management tools.
Since then, said Robert Riedl, EWM chief executive officer: “We have had numerous clients utilize Foundation Source for their family foundation needs, and without exception, they are all very satisfied with the firm’s expert advice and online platform. We look forward to working with Foundation Source to an even greater extent going forward.”
About Endowment Wealth (www.EndowmentWM.com)
Endowment Wealth Management Inc (EWM) is an independent SEC-Registered Investment Advisor (RIA) and Multi-Family Office (MFO) serving high- and ultra-high-net-worth clients throughout the US. The firm’s mission is to provide “fee-only” holistic family wealth management advice that will sustain their clients’ multi-generational family wealth, unity, and legacy.
About Foundation Source (www.foundationsource.com)
Foundation Source is the nation’s largest provider of comprehensive support services for private foundations. Approaching our third decade, Foundation Source provides its services to more than 1,650 family, corporate, and professionally staffed foundations, of all sizes, nationwide. We work in partnership with wealth management firms, law firms, accounting firms, and family offices as well as directly with individuals and families. Foundation Source is headquartered in Fairfield, Connecticut.