| Client Profiles
The following profiles represent the breath of Personal
Management Associates LLC’s services tailored to
meet our client’s needs.
Client A
Client A, a 45 year old entrepreneur inquired about our services
upon the recommendation of his attorney, a PMA
client himself. Recognizing his lack of time available to reconcile
his family’s finances, he sought PMA’s
services. At his request, we categorize monthly spending and project
future expenses. In addition, we reconcile bank statements, pay
bills and provide monthly reports detailing all transactions.
Initially, we provided our customary courier service for bill
pick up. Shortly thereafter, he requested that we change billing
addresses to PMA’s office. We now receive his bills directly
from vendors, and take directives from him via e-mail and fax.
Client B
Client B is an elderly woman living in a nursing home who has suffered
for many years with Alzheimer’s disease. Prior to our involvement,
an attorney served as her guardian. Upon her guardian’s death,
PMA was asked to serve as liaison between the newly
appointed, out-of-state guardian and Client B.
At the guardian’s request, we arranged for a private home
health aide to visit Client B twice a week. In addition, we ensure
that monthly nursing home bills, medications, clothing, personal
needs and health insurances are paid. As an out-of-state property
owner as well, we pay Client B’s property taxes. PMA’s
monthly reports are sent directly to her guardian.
Client C
Client C, an elderly physician and meticulous record keeper, was
made aware of our services by the administrator of
assisted living at his residence during his wife's long illness.
Following her passing, he felt overburdened with day-to-day financial organization
and relinquished bill-paying and bank reconciliation
functions to PMA. We now facilitate payroll for a private companion
including all tax reports, act as a liaison to his estate planner
for a gifting program, and preserve the integrity of his wishes
by fielding calls from feuding family members. Furthermore, we safeguard
against potential financial abuse from personal assistants who had
access to Client C’s checkbook.
Client D
Client D was referred to us by her attorney on whom she relied for
daily financial maintenance. With our involvement, she became financially
organized, freeing the attorney from her frequent inquiries.
As a wealthy woman, Client D could afford to pay credit card balances
but had continued to pay only minimums. At the time of our involvement,
her debt exceeded $75,000.00. Once on board, we eliminated her debt,
and now continue to assist her by paying her monthly bills and negotiating
with contractors for work scheduled at her winter and summer residences
in Massachusetts.
|