Helping to manage the relationship between the high-net worth individual and the many aspects of their businesses.
Humphres Business Management is a boutique practice specializing in providing business services to the high-net worth individual with a complex set of financial circumstances. Our staff of CPA’s, accountants & bookkeepers works with our clients to provide guidance in the following primary areas of their many businesses crossing numerous industry lines.
At HBM, our primary goal is to serve the client in helping them maintain order in the midst of a complex set of financial circumstances. By maintaining the proper diligence and respecting the fiduciary trust that our clients bestow upon us, we help navigate your personal wealth through today’s channel of business obstacles.
Lending our experience and expertise in making the correct short & long-term decisions that help to reduce unnecessary uses of funds and other resources.
Financial Statement Preparation & Reconstruction (Forensic Accounting)
Maintain proper software performance & security necessary to produce accurate financial records showing the accumulation of revenues and disbursement of funds during the course of the year. Use verifiable source documents (bank statements & cancelled checks) to help those who have not been able to timely maintain their data in recreating accurate financial records for review.
At HBM, our primary goal is to serve the client in helping them maintain order in the midst of a complex set of financial circumstances. By maintaining the proper diligence and respecting the fiduciary trust that our clients bestow upon us, we help navigate your personal wealth through today’s channel of business obstacles. We offer the following services related to the proper management of today’s complex business financial needs.
Monthly Cash Flow Budgeting & Analysis
Providing the monitoring of cash flow needs of your business or personal situation to mitigate unanticipated surprises or avoidable short-falls.
Providing leadership in the many complex financial arrangements that arrive for today’s high-net worth individual, i.c, purchasing and selling real estate, obtaining & refinancing of personal mortgages, the acquiring of automobiles & other personal property and businesses.
Bookkeeping & bill paying
Our staff of bookkeepers provides for the receipt management and related record keeping as well as the over-site of the deposit of funds, payment of bills, and complete record keeping of all financial matters. We provide a complete system for electronic maintenance of records to provide the ability to e-mail copies of records or a CD-ROM with a complete history of all documents on file.
Managing the complexity of the numerous matters of compliance with business tax, privilege & franchise taxes as well as payroll taxes and city business licenses.
Income tax planning & tax preparation
Handling the preparation of Federal tax returns as well as the integration of the numerous state returns for today’s high-net worth individual. Throughout the year we consistently review financial records and business transactions to mitigate today’s tax burden.
Risk management & insurance guidance
Offering many relationships with various insurance providers to help manage the various risks of today’s high-net worth individual in insuring their businesses, homes, automobiles and the accumulated assets from years of success. And more importantly, managing the related costs.