Chase Magnuson

Many nonprofits operate like unsuspecting turkeys, assuming past stability guarantees future safety. Built on feel-good events, crisis-driven appeals and compliance-focused boards, they remain fragile when unpredictable Black Swans—economic shocks, political upheavals, shifting donor sentiment—strike. Reactivity replaces strategy, visibility trumps resilience, and metrics reward vulnerability over strength. True antifragility requires cultivating long-term donor relationships, endowments, dissent-welcome hiring, mission-anchored vision, and durable structures that absorb disruption and emerge stronger, turning inevitable crises into growth catalysts for mission-driven impact ahead.

As $84 trillion transfers from Baby Boomers to younger generations, financial advisors risk losing both clients and assets to charitable giving—unless they act strategically. When donors establish charitable vehicles without advisor involvement, that wealth often moves permanently outside the advisor's purview to competitors like Fidelity Charitable or nonprofit-referred planners. The solution? Build intentional relationships with nonprofits before clients do. This triangular alliance—advisor + donor + nonprofit—creates stronger outcomes for everyone while protecting assets under management and positioning advisors as indispensable partners in legacy planning conversations that matter most.