Cambridge Funding Analysis has launched a brand new outsourced private chief monetary officer service for rich purchasers. With the brand new providing, Cambridge goals to attach its 3,800-plus unbiased monetary professionals and their purchasers with the monetary administration experience of a veteran CFO.
The rollout of the brand new providing comes a few 12 months after Cambridge launched its personal shopper options group. The group brings collectively sources and experience associated to funding administration, insurance coverage, cash-flow administration, tax planning, wealth safety and different main points within the high- and ultra-high-net-worth shopper segments.
By way of the growth, monetary professionals will have the ability to select from a customizable menu of companies for his or her purchasers which incorporates month-to-month family bookkeeping companies, digital invoice funds, funds preparation and overview, and extra choices.
By outsourcing these duties to a seasoned CFO, monetary professionals ought to have the ability to uncover helpful insights right into a shopper’s family financials and exhibit their dedication to holistic planning, in accordance with the unbiased broker-dealer.