Making Real Impact

On-screen text:

Voiceover: There are moments in life that stay with us. Indelibly.

They inspire us to stop and think.... and for some of us, to take action.

Speaker: Beth Renner, Head of Advice Center, Wells Fargo Wealth & Investment Management

Beth Renner: Technically, the word philanthropy means the love of mankind. It’s about empathy and compassion for someone else and their struggles.

Philanthropy, I have found, can be very personal.

I can sit down with 100 different individuals and ask them what's impactful about their philanthropy. It may involve exactly the same cause. Whether it’s education. A health crisis or injustice.

And they will have 100 different answers.

Each individual is affected differently by the struggle as they see it.

So, we’ll often start a dialogue with our clients to help them visualize their philanthropy.

When they can visually describe the outcome they see from their contribution of time – of money - that's when they understand the true impact their generosity is making.

For many, philanthropy can be purely transactional. But I tell clients, don't miss the opportunity to create transformation in yourself, as well.

End Card: Wells Fargo Wealth & Investment Management (LOGO)

On-screen text:

Wealth & Investment Management offers financial products and services through bank and brokerage affiliates of Wells Fargo & Company. Bank products and services are available through Wells Fargo Bank, N.A., Member FDIC. Brokerage products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Member SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.

Wells Fargo Bank, N.A. offers various advisory and fiduciary products and services including discretionary portfolio management. Wells Fargo affiliates, including Financial Advisors of Wells Fargo Advisors, a separate non-bank affiliate, may be paid an ongoing or one-time referral fee in relation to clients referred to the bank. The bank is responsible for the day-to-day management of the account and for providing investment advice, investment management services and wealth management services to clients. The role of the Financial Advisor with respect to the Bank products and services is limited to referral and relationship management services. Some of The Private Bank experiences may be available to clients of Wells Fargo Advisors without a relationship with Wells Fargo Bank, N.A.

Wells Fargo and Company and its Affiliates do not provide tax or legal advice. This communication cannot be relied upon to avoid tax penalties. Please consult your tax and legal advisors to determine how this information may apply to your own situation. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your tax return is filed.

Trust Philanthropic Services Offered through Wells Fargo Bank, N.A.

WellsTrade^® and Intuitive Investor^® accounts are offered through Wells Fargo Clearing Services, LLC.

© 2023 Wells Fargo.

CAR-0423-02309