Private Banking and Philanthropy

Private Banking and Philanthropy: an evolving model.
According to the Cariplo Foundation, by 2030 approximately €20.8 billion in assets will have no heir, and this figure is expected to rise to €88 billion by 2040.

There is a growing interest in philanthropic advisory services, highlighting the need to shift from a one-off approach to a structured method capable of ensuring continuity and long-term impact.

The event organized by AIPB – the Italian Private Banking Association – emphasized the importance of greater involvement by private banks in supporting philanthropic initiatives in Italy, through a structured methodology.

“In my speech, I proposed an innovative method for profiling the philanthropist and, consequently, guiding them in choosing legal tools (trusts, philanthropic funds, fiduciary foundations, insurance policies) consistent with their profile.
Corriere della Sera published my opinion and shared my perspective,” said lawyer Andrea Vicari.