A personal bill payer can help manage your complex financial affairs
Could your family benefit from a personal bill payer? At Plumb Family CFO, we are a reliable firm with a team of accounting and personal bill payment experts who understand the needs of the high-net-worth.
If much of your free time is spent paying bills, tracking income and expenses, or worrying about deadlines and paperwork, you should consider hiring a personal bill payer. Once you accumulate wealth, you should have the freedom to enjoy it and feel secure knowing you have a financial plan in place for your future.
Not all Personal Bill Payer Experts are the Same.
We work with over 150 HNW families across the globe and also support family offices to provide high-touch bill payment services. As an outsourced solution, bill pay by Plumb is a customizable, high-touch and reliable service for those who are looking to offload the payment of their expenses and vendor management. Our team of bill pay experts work through a segregation of duties with multiple levels of review and bank security access and account protection. Click here to see our 7-phase bill pay cycle >>
Snapshot of a Typical Client:
Not all clients are alike, but the one thing they all have in common is: personal financial complexity. They own multiple homes, have household employees on their staff, and have investment accounts, entities, trusts and even personal foundations. Most importantly, they are paying up to 100 bills per month and using a few different credit cards and bank accounts to manage their spending. Here is a look at an average client of Plumb Family CFO who is using bill pay services.
Here are 5 averages of a typical Plumb bill pay client:
- Bills Paid Per Month – 50-100
- Wires Capital Calls Per Month – 10-20
- Credit Card Transactions – 250-500
- Monthly Reconciliations – 2-5 Credit Cards | 2-3 Bank Accounts
- Average Numbers Per Family – 3-5 Entities | 3-5 Homes | 2-3 Household Employees
Can you relate to this type of personal financial life? Many of our clients are busy professionals, people who like to travel, or retired and do not want the burden of tracking income, expenses and paying bills.
- Affluent Family – case study
- Single Family Office – case study
- Retired Professional – case study
- Real Estate Investor – case study
We make it easy to put together a pricing proposal for our bill pay services. We setup a fixed fee price, based on the number of transactions required and cash flow reporting. Please fill out this questionnaire or contact Plumb at Sales@thinkPlumb.com for more information.