American Association of Daily Money Managers

Professional Referral Services

Daily Money Managers are often the tie that binds. They are the hub for identifying and suggesting  the right partners to work with their clients to ensure financial and other obligations are not only met, but can continue to be met.

Daily Money Managers are not accountants, attorneys, insurance agents or financial advisors. However, Daily Money Managers work with those professional partners to ensure they have the essential information they need in order to best serve the client.

How do DMMs and service professionals work together? In addition to paying bills and managing the day-to-day financial lives of their clients, Daily Money Managers can help ensure:

  • Estate attorneys are kept informed of any life changes critical to keeping an estate plan current
  • Accountants receive organized and relevant tax receipts or documents in order to make sure clients gets all the deductions they are entitled to and to make the accountant’s job easier
  • Insurance premiums are paid in a timely manner so policies do not lapse
  • Financial advisors are in sync with the client’s daily finances for efficient long-term planning
  • Insurance agents are updated on any changes to property holdings or changes that might impact the beneficiary
  • Geriatric care managers are brought in when the family needs assistance outside the scope of finance to provide those types of services for aging family members.

Outside service professionals and DMMs work together as a team to ensure the full spectrum of a client’s needs are met with efficiency and accuracy. If you are a service professional looking to find a DMM for a client- please click here.

The information presented here is not intended to substitute for legal, accounting, tax or other professional advice. Probate and contract law varies form state to state. All members are advised to obtain advice from professionals in his/her own state. Any information and reference materials recommended by other members should not be relied upon as being comprehensive or error free. Any legal documents shared by members should be reviewed by an attorney in the member's home state.
The user assumes all responsibility and risk for the use of this website. Under no circumstances shall the American Association of Daily Money Manager (AADMM), its board members, or management team be liable for any direct or indirect damages that result from the use of information posted on the website. Reference to any products of services are for convenience only and do not constitute an endorsement of AADMM.