News and Press Releases
The AADMM Media Center offers a wide range of resources for press agencies, journalists, members, future members and those seeking DMM services. Use the links below to learn more about the association and the types of services DMMs provide to their clients.
- About Us
- Fact Sheet
- What is a Daily Money Manager?
- How Daily Money Managers Can Help Manage Finances (PDF)
Are you asked to help your family with finances? Rather than approaching it with a long-simmering grievance (“I’m not responsible for these people”), say this instead: “What can I do to help”
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...
The American Association of Daily Money Managers (aadmm.com) is mentioned as an option for your financial team to avoid the risk cited by Nancy Sween, National Association of Elder Law Attorneys spokesperson
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.”
Motley Fool – There are also people called “daily money managers,” and they will set you up on Mint or Quicken or anything like that if you don’t know how to do it. They will analyze your budget. They will also pay your bills. They will do a lot of the nuts and bolts parts of money management and I don’t think they get enough attention. You can look up the (American) Association of Daily Money Managers.