Telemus Blog

Readjusting Our Priorities

Written by Telemus | May 17, 2021 1:37:29 PM

 

One thing COVID has taught us is that we need to have our priorities in order. 

Spending quality time with our family and investing time on ourselves to keep ourselves physically and emotionally healthy are two priorities that have risen on most of our respective lists.

However, finding time for additional family and personal activities has always been a challenge.  There are only so many hours in a day and you are using them all.   

We have a solution.  You could benefit by reallocating the time you currently devote to managing your personal finances to these priority areas through engaging Telemus Virtual Family CFO services to handle your financial administrative functions.

With Telemus Virtual Family CFO services, you are able choose the services and level of support that you desire - almost from a menu of sorts.

  • Bill Pay
  • Account reconciliation and oversight
  • Comprehensive financial reporting
  • Verifying titling of assets and investments accounts
  • Private investments tracking – K1’s etc. – making sure the information is appropriately received and distributed for tax compliance purposes.
  • Coordinating communication with client’s advisors – CPAs, attorney, etc.
  • Secure cloud-based digital storage of financial information, estate and other legal documentation, and personal information.

Following a review of services to be provided and level of complexity of your financial world, annual engagement terms are established with quarterly billing. The arrangement is reviewed annually.   It’s also important to note that utilizing Telemus Virtual Family CFO services for these administrative functions does not require you to engage Telemus to manage your investments.

At Telemus, the foundation of our organization is based on a holistic approach to financial life management for wealthy families, professionals and business owners.

We have the experience, resources, personalized approach and succession structure to assist you in managing your financial world and developing, implementing and supporting appropriate ongoing strategies to prepare and support you, your spouse and your children now and in the future.  

Let us help you adjust your priorities.   Let’s start the discussion!

 

 

 

PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.