
Adam Nash, CEO of Daffy - Making Giving a Habit
Wharton FinTech Podcast
00:00
Donor Advice Funds - Is Daffy Free?
Daffy is free under a hundred dollars. We charge just three dollars a month as a membership, which makes it much less expensive for the other products and also much more accessible. And we actually think that this is important for the industry. I've come out and said that i think that the a u m model is actually bad for donor advise funds. Is bad for the industry, because, unfortunately, it has a conflicting incentive,. If you have a ten thousand dollar donor advise fund somewhere, and you give away two thousand dollars, well, that firm just lost 20 % of their revenue. So theyre just not incentive to have you give money.We set up daffy to
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