Leverage Our Services to Enhance Your Wealth Management Offerings
ARE YOU OFFERING YOUR CLIENTS A HOLISTIC FINANCIAL SOLUTION?
As a dedicated wealth manager, you're committed to providing your clients with the best financial advice and support to help clients manage the complexities of their financial life. But have you ever wondered if you might be missing something, a solution that could take your services to the next level and benefit your clients even more?
Introducing our assessment: "Partnering with Daily Money Managers: Are You Missing Out on Client Benefits?
Notable Industry Collaboration
We'd like to highlight a significant partnership in the industry as proof of effective collaboration. Strategic Wealth Partners Group, LLC, announced its partnership with My Personal Bookkeeper, showcasing the potential benefits of such alliances.
This information was sourced from a press release by Strategic Wealth Partners Group, LLC, dated October 3, 2023.
This partnership, as described by Neal Price, Principal and Co-Founder of Strategic Wealth Partners, is a testament to the power of collaboration:
"By joining forces with My Personal Bookkeeper, we're excited to offer our clients the chance to delegate some of their ongoing responsibilities, helping them focus on their careers, families, and passions."
The success of this collaboration has exemplified how strategic partnerships can enhance the client experience, streamline financial services, and create a win-win scenario for all parties involved. It serves as a model for how partnerships in the industry can lead to improved service and client satisfaction.
Learn how this strategic collaboration can profoundly enhance wealth management services and benefit your clients
Joining Forces with Daily Money Managers
By joining forces with daily money managers, you'll be excited to offer your clients the chance to delegate the burden and worry of some of their ongoing daily financial responsibilities, allowing them to focus on their families, careers, and passions. This collaborative approach can lead to stronger client relationships, increased trust, a more comprehensive and higher level of service experience for your clients.
Daily money managers deliver a suite of offerings, including bill pay, tax organization, insurance claim management, household budgeting, and more.
Why Take the Assessment?
Your clients trust you with their financial future. This assessment is designed to help you gauge your understanding of daily money management and its potential impact on your clients' well-being. It's an opportunity to discover if you're offering your clients everything they need for a secure financial future.
Client-Centric Approach: Understand how daily money management aligns with your commitment to providing holistic solutions that address your clients' financial concerns.
Enhance Client Satisfaction: Explore how referring clients to daily money managers can strengthen trust, satisfaction, and overall well-being.
Deepen Resources: Find out how this strategic partnership can offer deeper resources to both you and your clients, making your practice even more valuable.
Free Up More of Your Time: If your client engagement has been bogged down because he or she is disorganized and has more needs than you want to handle on an ongoing basis, learn how daily money management can meet your client's objectives and not monopolize your time and expertise to speed up the flow of information you need.
Take the assessment and gain valuable insights into how partnering with daily money managers can transform your wealth management practice.
Empowerment
Empower your clients, elevate your services, and enrich your practice. Don't miss out on this opportunity to provide comprehensive financial solutions to your clients.
We look forward to supporting you in enhancing your practice and benefiting your clients.
Success Stories
Saving Money in the First 15 Minutes
A recently retired and recently widowed woman in her mid-60s was going through treatment for cancer. She was dealing with the stress and fatigue of her battle with the disease and needed some support for what she could no longer handle on her own.
Aside from the disease, the woman has a wonderful and alert mind and is highly capable of managing her finances. When she hired us, we extensively reviewed the bills and noticed a high monthly cable bill. We verified with the client that many of the services being billed were not services she used.
Within the span of one 15 minute call, we were able to save over $600 annually going forward, and we negotiated credit for prior services in earlier months.
Safe and Protected at Home
A senior living independently had started to lose the cognitive ability to review the mail and understand the difference between a legitimate bill to be paid and one that could be ignored. It was this senior’s goal to age in place, so the family knew they needed support to make that happen.
Her family was getting concerned, but they were not in the immediate area to handle these matters. We would go over twice a month for a brief amount of time to check on her personal well-being, have coffee, share stories, review the mail and prepare her bills for her signature. Wanting to be certain that she felt empowered, the client would help us by addressing and stamping envelopes, marking the bills as paid, and filing the bills away.
Acting as her financial advocate, we would routinely address healthcare reimbursement and social security concerns by calling the government agencies and remaining on hold so that she did not become frustrated. She had caregivers that were in the house and could have seen her personal information, so as a way to avoid any issues we took proactive steps to protect her from fraud and abuse.
Success in this case was measured by the months and years the client was able to achieve her goal of maintaining independence and aging in place without experiencing physical harm or financial abuse as well as the peace of mind provided to her family.
Bringing Order to Daily Finances for Future Planning
A working family made up of a husband and wife with a very young child had little insight into how much they were earning, regularly spending in various areas, leveraging daily savings into interest-bearing vehicles, and how they would plan for their child’s education.
Through the use of detailed tracking of historical income and spend on categories for home and business, we were able to evaluate the household and rental business performances as unique entities. We collaborated on foundational budgeting that drove the rental profit up and became the primary vehicle for the child’s college education.
We were able to offer the couple solid recommendations for financial planners we had in our network of relationships. The financial planner was able to look at the work we had done and use that as a starting point for building a solid long-term financial plan, including estate planning, retirement, and insurance to protect the couple and their children from the unexpected.
Helping Attorneys Help Their Clients
We have been able to help several elder law attorneys satisfy their client's obligations of preparing court financial accountings by delegating that responsibility to Assurance Financial Partners. By partnering with us, it creates the opportunity for the attorneys to spend more of their valuable time lawyering and building their practice instead of detailed administrative work.
The work is completed with a blend of empathy, kindness, organization, attention to detail, and undeniable ethics. This is essential for transitioning wary clients who are reluctant to accept help to those who not only accept and trust Assurance Family Partners, but who also come to rely on us. In addition, we troubleshoot effectively, keeping the financial process for clients running as smoothly as possible, and leveraging excellent professional judgment.
About the Founder of Assurance Family Partners
Jeremy Zizmor
Jeremy Zizmor is the founder of Assurance Family Partners, a company whose mission is to assist and empower individuals and families who need help managing their personal day-to-day finances. He is responsible for running all facets of the business.
Jeremy has worked in public and corporate finance and accounting since 1998. To assist clients with the customized and wide variety of issues contained in managing daily finances – from advocating for seniors' social security and healthcare matters and assisting with bill pay, to family issues such as creating household employment of nannies and caregivers; from establishing financial goals leading to a path of financial freedom, to preparing a personalized binder of important records and papers to be ready for the unexpected – Jeremy consistently draws on his earlier experiences in different fields and environments.
Prior to being a Daily Money Manager, Jeremy enjoyed a 14-year career at multiple levels of management for a well-known online retail company. As one of the initial employees at the company’s launch in 2007, he was a principal leader in the company’s accounting, treasury, and operations team. In addition to his extensive experience, he has a proven management track record developing standards and driving process implementation and performance measurement. He considers his work ethic, reputation, compassion, and integrity his most important attributes, and he requires those same qualities in anyone that works with him.
After graduation from college, Jeremy began his professional career with the international Big 4 accounting firm, PricewaterhouseCoopers, in both their external audit and internal operations and systems audit practices. He earned his Bachelor of Science in Business Administration with a concentration in Accounting from Boston University, where he graduated with cum laude honors.
Jeremy is a background-checked, insured, and bonded member of the American Association of Daily Money Managers.
Professional Involvement: Jeremy is frequently invited to speak to bring awareness to the biggest sources of financial scams, as well as preparing families for the unexpected by getting their financial and legal affairs organized so loved ones can step in with minimal difficulty.