Business owners and company executives turn to LM CFO Partners for a comprehensive suite of outsourced financial and accounting services. Our work is based on a dedication to Client Service throughout every phase of the engagement.
We are leaders in deploying the latest accounting and financial technologies including financial dashboarding, and automated accounting tools such as budget-to-actual visualization. We’re with you every step of the way: from initial needs assessment through implementation, to results and review. But we take it a step further with our advisory services designed to help ensure you have, and can maintain control over every financial aspect of your business on an on-going basis. LM CFO Partners also teams with you to be forward looking and capable of anticipating the impact of events whether they are economic, regulatory or legislative. The ability to forecast and create new business solutions that meet future requirements is an added benefit of working with us. Our experience has shown us that management at start-ups and growing companies often do not have a clear picture of the financial health of their business and lack the timely information needed to adjust their plans and actions to changing economic or industry conditions. Many of these businesses do not have the budget for a seasoned financial officer or a strong back-office staff. We find that the financial functions are often performed by the owner/entrepreneur who started the business, who has the business know-how but not the skills of a financial professional. Our conclusion is that many businesses with great products, services, or entrepreneurial ideas have failed for lack of strong financial oversight. This is the reason LM CFO Partners was created.
Whether you want to optimize your financial accounting process, ensure top tier financial strategy, seize an opportunity, overcome a challenge, or prepare for growth, we can help. Our team brings part-time CFO expertise, strategy, and planning to help your company achieve its goals. We act as a Project manager to provide direct personal service and supervise accounting staff. No matter how the service is delivered, high-level CFO expertise is provided without adding a full-time employee to your payroll.
LM CFO Partners provides Fractional CFO Services whereby a CFO is retained for a specific task or contract arrangement. This allows the company to use a CFO on a project-by-project basis without incurring the monthly costs. Unlike a full time CFO, who oversees the general financial strategy previously mentioned, a fractional CFO’s duties are typically on a project basis and specifically timed to the company’s particular set of challenges or goals.
LM CFO Partners provides outsourced controller services that are specifically designed to suit the needs of growing businesses. Our Controllers are responsible for overseeing all client accounts, providing timely insights and financial advice, and carrying out proactive account management. Our team oversees all work completed by our full time bookkeeping team, closes client books on a monthly or quarterly basis and provides consultations on a wide variety of client matters. Outsourcing your controller services allows a company to pick and choose services that a controller would provide. It’s important to distinguish between the CFO and Controller function – The CFO looks forward, the controller looks back. As your Outsourced Controller, LM CFO Partners will help oversee your financial processes, provide data and insights, and execute strategic management of your accounts so you can focus on your core business.
LM CFO Partners delivers high quality family office services and centralizes the management of financial affairs for high net worth individuals and families. LM CFO Partners obtains a “360 Degree Financial View” of the high net worth individual by providing accurate monthly reporting to track investments and cash accounts, working with the family advisers on accounting related issues, including the family’s attorney, investment adviser and other trusted professionals. Our services are based on the needs of each individual/family member we work with, and we customize their reporting to suit their specific needs. Our team and consultants offer financial and tax knowledge to enhance all aspects of the high net worth individual’s financial picture.
LM CFO Partners provides your organization a high level of strategic financial planning. While other financial roles in the organization involve maintaining past and present financial records, our services are focused on the long-term strategy of your organization. We are experts in long-range planning and analyzing what exactly is needed to take your company from where it is now to where you’d like it to be.
Accurate bookkeeping is essential for a healthy business, but the process might be tedious, time consuming and often gets pushed to the bottom of the to-do list. LM CFO Partners provides an outsourced bookkeeping team that scales to your company’s bookkeeping needs. Each team of bookkeepers work extensively with our CFO team to ensure accurate reporting, cloud system integration, monthly reporting packages, and ensures that all aspects of the business are properly accounted for. Our team is conveniently located in our headquarters in New York City.
