4061 Powder Mill Road, Suite 705 • Calverton, MD 20705 • Phone: 301.595.8600 • Toll Free: 877.595.8605

I hope you and your loved ones are doing well. Although summer is coming to an end, there’s always a lot of excitement in the office during this time of year because it means that football season is officially underway. It’s no secret that several of us at PFG are Maryland alumni and huge Terrapin football fans, so it’s great to see the team off to a strong start. My love for Maryland runs deep, and I know many of our clients have a similar fondness for their alma maters or charities and enjoy providing support through countless volunteer hours and/or monetary contributions.

Whatever your cause, we can help you provide support by integrating giving strategies into your financial planning. With proper planning, giving solutions are an integral part of your tax and estate plan strategies. They help to make the most of your assets and maximize your ability to support causes near and dear to your heart. One of our most popular giving solutions is a donor-advised fund (DAF) which is available through Raymond James Charitable. Very similar to a private foundation, a donor-advised fund can provide you with an immediate tax benefit and will allow you to donate to your favorite charities over time. Invested through the Raymond James Charitable program, the funds can potentially grow over time until you are ready to distribute them to your favorite charities, likely increasing the overall amount that you’ll have available to share with various causes. Above is a helpful video that provides more details on DAFs. You can also read more specific details about DAFs here.

We also encourage you to visit RaymondJamescharitable.org to learn more about their donor-advised fund program. The site is exclusively dedicated to helping you contribute in meaningful ways to causes that are important to you. As always, we’re here to help you get started.

Take care,

Todd M. Wike, CFP®

Managing Partner, Potomac Financial Group
2021 RJFS Chairman’s Council Member*

The information contained in this material does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Todd Wike and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Past performance does not guarantee future results. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions. Raymond James is not affiliated with and does not endorse the services or opinions of the various podcasts or applications discussed in this material. Chairman’s Council Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisors future performance. No fee is paid in exchange for this award/rating. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®,CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.