Members in the News
CNBC - When financial advisor Liz Miller took on a client whose spouse had recently died, she realized a piece of the survivor’s financial life needed more attention than her wealth management services would provide. That is, the client needed help with the basics of...
Forbes – In her earlier life as an insurance broker, Karen Rosenberg Caccavo learned how challenging it can be for people to manage their financial lives. “It was an easy transition from business consulting to daily money management — still working with people one-on-one, but I see a greater need for this service. I am using my skills and giving back.”
Kiplinger – Consider hiring a daily money manager to help pay the bills, deal with creditors and organize tax documents, among other services. Once you’ve simplified your finances, make a list of all your assets along with key contacts such as financial advisers, accountants, insurance agents and lawyers, says Lewis Knopf, a daily money manager in East Rockaway, N.Y.
AARP – Imagine having someone who makes sure your bills are paid on time, organizes your tax documents and hands them off to your accountant, and even follows up with your insurance company because you were supposed to be reimbursed for physical therapy. “We are different from bookkeepers and accountants,” says Alison Salisbury.
Reuters – Bill paying alone is usually not all that hard, but if health, long-term care or other complex issues become part of the mix, expertise may essential. That is where someone such as Sheri Samotin may come in. Prior to founding her daily money management business, LifeBridge Solutions, in 2009, she spent some 25 years in the healthcare industry.