Many of the nearly 1.6 million nonprofits and charities in the country are in need of advisory services. With assets growing at 8.5%, this group represents a healthy market for advisers looking to grow their client base, according to Gary Price, managing principal at Fund Evaluation Group.
“There is a great opportunity set,” says Price at the Schwab Impact Conference in San Francisco. Fund Evaluation Group, based in Cincinnati, Ohio, manages $33 billion for a client base composed largely of endowments and foundations.
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