What types of investments are permitted and prohibited?

Greater Horizons aims to provide maximum investment flexibility for financial advisor managed accounts. You have the flexibility to choose any custodian for the investment account and can conduct “business as usual” on your investment platform when managing your client’s donor-advised fund assets.

Financial advisors are prohibited from engaging in the following transactions on behalf of Greater Horizons unless such transaction is disclosed in writing to Greater Horizons prior to the transaction:

• Investments that generate Unrelated Business Income Tax payable by Greater Horizons.
• Any transaction that results in leveraging Greater Horizons’ assets.
• Excluding mutual funds, any transaction investing in private placements, lettered stock, futures contracts, swaps, synthetic securities, derivatives, options, short sales, margin transactions or other specialized investment activities.
• No direct foreign exposure (does not include ADRs, mutual funds, ETFs and SMAs).

Please review our Financial Advisor Program Responsibilities and Guidelines for more specifics about your role.