An an accounting and business consulting firm, we become familiar withour clients' finances, both business and personal.  In doing so, we've found that a growing number of people need reliable, professional management of their personal finances. On the business side, people readily hire someone to manage their money. But most folks still believe they need or ought to manage their personal finances themselves.

The truth is, everyone's finances have become more complicated.  Even people with a lot of financial savvy have a hard time keeping track of income, expenses, savings, investments, and an ever-growing list of financial obligations.  This happens for any number of reasons.  When it does, payments get missed, records get lost, expenses get out of hand--and the person's stress and anxiety go through the roof!

For generations, come families have hired professional financial managers to take care of their personl money matters.  These services have traditionally been considered too expensive for all but the very wealthy.  This is no longer so.  Because of the tremendous improvements in computer hardware and financial software in recent years, this need can now be met for people at virtually every financial level, at surprisingly affordable rates.

Do You Need a Personal Financial Manager?

You don't have to be a professional athlete, rock star or Rockefeller to need a financial manager.  Ordinary people with average income and net worth often find they don't have the time, the patience or the know-how to do the job themselves.  That's where we come in.  Today we handle the finances of people in a variety of circumstances.  See if you "see yourself" below:

1. Executives

There are people who are busy in important and demanding jobs.  They could be running their own company, managing the division of a large company or traveling extensively.  In every case, they don't have enough time to properly manage their own personal finances.  They often feel guilty, even ashamed to admit that while they're taking care of business, their personal finances are in chaos. 

2.  The Elderly

Most often, these are people who, after a lifetime of relying on someone else, suddenly find themselves being responsible for their own finances.  This can be brought on by the death of a spouse, or a son or daughter having to move to another city.  The sudden burden of responsibility, compounded by unfamiliar terminology and complicated statements can be overwhelming. 

Sometimes people manage their finances quite well all their lives, but in their later years because of ill health or advanced age, find they can no longer do it themselves.  Often these people have a hard time admitting they need help.  Sometimes, all they need is a little guidance; at other times they need a lot.

Yet another elderly person in need is someone who has been found to be incompetent and completely unable to manage his or her financial affairs.  When this happens, the task often falls to a relative or friend who is busy with his or her own life, or does not want the potential liability of handling someone else's money.

3.  Spendthrifts

Some people, for whatever reason, can't seem to control their spending or manage their debt.  As a result, they're constantly getting into trouble with creditors and the IRS.  They may be able to make their necessary living expenses, but can't provide for unexpected expenses, investment or retirement.

Do any of these situations sound familiar?  Even if your personal situation or that of a friend or loved one doesn't exactly match one of those described, you may still have a need that we can fill.  If so, we'll be happy to discuss it and see if we can help.

Services We Provide

• Collect, monitor and account for all sources of income
• Collect, monitor and pay all expenses
• Develop, implement and monitor household budgets for necessary living expenses, reserve funds, investments and retirement
• Interact with other team professionals, other advisors, as needed
• Report results monthly to client and all interested parties

Call our offices at 619-497-1800 for a free initial consultation, and to learn more about these services and our fees.