SNFSi Welcomes The Huntington National Bank as Founding Leadership Sponsor

Founded in 1866, The Huntington National Bank has grown to be one of the country’s largest regional banks with $123 billion in assets. What hasn’t changed over the years has been their commitment to do the right thing and supporting people, businesses and communities.  Newsweek’s 2021 list of America’s Most Responsible Companies ranks Huntington Bank …

Could PSNT Industry Growth Trigger Transformational Oversight?

ABSTRACT PSNTs are attracting more attention. Could this focus increase regulatory oversight or spur rulemaking that transforms the industry? Possible, but not the most likely scenario. In the absence of visible, widespread, and disruptive violations, motivation to come after a relatively small sector of the financial services world, particularly one that does not pose systemic …

Operating Reserves for Pooled Special Needs Trusts

Charitable nonprofits are not usually in the business of accumulating capital. In the upside-down world of philanthropy, organizations with cash on hand can be a turnoff to some donors. Until someone who prioritizes resiliency goes looking for operating reserves. Or really thinks through how to put out a fire (program expense) without a hose (administrative …

Special Needs Financial Services: Poised for Growth | SNFSi’s Pooled Special Needs Trust Report 2020

SNFSi’s Pooled Special Needs Trust Report 2020: Poised for Growth is now available and includes detailed information about this industry and opportunity. Request a Copy The Special Needs Financial Services InstituteTM (SNFSiTM) was formed in 2020 to increase the availability and use of financial products and solutions by people with disabilities, estimated at 13% of …

This Market for Financial Services is Hiding in Plain Sight

Disability impacts 1:7 Americans* (that is 42 million people) directly and touches many more lives indirectly. More than likely, advisors with a mature book have clients affected by special needs who wish to do as much life and financial planning as possible (perhaps even more so now), and a frustratingly small, and often prohibitively expensive, …

What is a Pooled Special Needs Trust?

There are two financial products in existence today that are designed to provide specific benefits for people with disabilities. One is the ABLE Account, which is designed for saving and spending on disability-related expenses. The other is a special needs trust, which is designed to allow people to have and use financial assets (money) for …

Alliance of Pooled Trusts (APT)

Leaders of the Pooled Special Needs Trust industry from across the country have come together to create a new membership enterprise, the Alliance of Pooled Trusts (APT), announcing its formation at the 2020 Stetson Special Needs Planning and Trust Conference. Congratulations on this achievement! The Special Needs Financial Services Institute (SNFSi) is extremely supportive of …

COVID-19 and Trusts, Foundations, Endowments, and Program Related Investments

March 19, 2020 | We were not fully prepared for this; not one of us had a COVID-19 toolkit in our desks. On the investment front though, some are better prepared than others. Financial professionals are expected to be able to manage investment volatility. Schooled (and ideally, experienced) in dealing with rapidly-changing markets, it is …