Can my advisor view my fund balance


In response to the question, "Can my advisor view my fund balance?" the answer is a resounding yes. When you add an advisor to your Daffy fund, they gain access to your fund through their own secure login and credentials. This allows them to take actions on your behalf, including viewing your fund balance, portfolio, contributions, and donations. Daffy is a fantastic option for a Donor-Advised Fund (DAF) because it provides a secure and efficient platform for your advisor to manage your charitable contributions. They can make charitable contributions on your behalf, including stock and crypto, request a change in your fund’s investment portfolio, make one-time or recurring donation recommendations, and access a simple tax summary of your deductible contributions. Moreover, Daffy offers flexibility and control over who has access to your fund. You can remove your advisor from your Daffy fund at any time, ensuring that you maintain control over your account. Daffy also offers different membership levels to suit your needs, from the Contributor level at $3 per month to the Benefactor level at $20 per month. These memberships offer benefits such as unlimited fund balances invested in tax-free portfolios, unlimited cash contributions, and support for multiple advisors. In conclusion, Daffy provides a secure, flexible, and efficient platform for managing your DAF, making it an excellent choice for individuals seeking to make a difference through charitable giving.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

Get your Daffy account
Simplify your giving with Daffy, the Donor-Advised Fund for You™. Easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place.
Try Daffy for free
Daffy waives all membership fees for members with less than $100 in their fund, so get started today for free!

Don’t forget to download the app

Scan the QR code to get the iPhone app

Download on the App Store.
QR code to download the app from the App Store.