At JDJ, you have access to a broad base of expertise: from personal accounting to estate administration to lifestyle management services. Our experienced, professional staff provides customized service that addresses your particular needs. We act as an independent advocate and objective resource for our clients and their advisors.
Personal Accounting and Net Worth Reporting
JDJ can help you keep an accurate record of your overall net worth and provide consistent updates that help you make the best financial decisions. From cash expense tracking to asset allocation reports to cash flow projections, the following services can help you understand where your assets are and how they are being spent:
- Preparation of consolidated statement of net worth, including balance sheet, profit & loss and cash flow statements
- Entity accounting for trusts, foundations and closely held businesses
- Detailed reporting and analysis of expenses
- Asset allocation and performance reporting
- Tax liability projections
- Customized reporting
- Records management
Budgeting and Cash Flow Planning
JDJ offers a multitude of budgeting and cash flow services – from annual budget preparation and projected cash flow reports to cash flow management. These services ensure you have funds available where and when you need them, based on your budgeting needs. Our services include:
- Annual budget preparation
- Budget-to-actual reporting
- Cash management
- Detailed reporting and analysis of spending
- Cash flow projections
- Fiscal responsibility for the next generation
Bill Paying and Expense Reporting
Let JDJ take this time-consuming task off your hands. We become the primary billing address for any bills you choose. We sort, evaluate, and pay these bills and keep you informed throughout with personalized reporting. In addition, we itemize your eligible tax deductions and provide this information to your tax advisor. One of our most widely utilized service areas, Bill Paying and Expense Reporting includes:
- Payment of bills and bank statement reconciliation
- Customized expense reporting
- Tax deduction itemization
- Payroll administration
- Customized approval policies and procedures
- Dispute resolution and invoice negotiation
- Evaluation of service providers and vendors
- Mail management, sorting and filing
- Credit monitoring
- Filing of medical claims and monitoring of insurance reimbursements
- Records management
Tax Planning and Preparation Assistance
For people of high net worth, it’s always tax season. JDJ will stay on top of your tax planning and preparation year-round, making April 15th and October 15th (slightly) less painful days. We relieve you of the burden of storing historical documents. Working closely with tax accountants, we are ready to provide you with the following assistance:
- Coordination of tax planning and preparation
- Consolidation and presentation of documents
- Quarterly tax payment estimates and processing
- Tax minimization strategies
- Cost basis tracking and reporting
- Information gathering and document tracking
- Electronic storage of important documents
- Historical data warehousing and off-site file storage coordination
Investment Oversight and Administration
We can show you how hard your investments are working through a variety of services that detail your current investment strategies and performance, and help you manage the overwhelming paperwork that personal investments generate. JDJ provides:
- Investment performance and asset allocation reporting
- Performance reporting against industry benchmarks
- Administration and oversight of alternative investments, including capital call processing, distribution tracking, and capital commitment and cost basis tracking
- Transaction planning, structuring and documentation
- Maintenance of detailed files for all investments
- Wealth manager due diligence
Trust and Estate Administration
JDJ simplifies the myriad details that come with planning, protecting, and transferring the wealth you’ve created. From estate planning to life insurance to wealth transfer, JDJ offers a full range of trust and estate management services, including:
- Estate plan implementation
- Trust administration
- Trust abstracts preparation
- Estate plan flow chart, summary and profile, and documentation
- Life insurance portfolio evaluation
- Charitable and philanthropic administration
- Foundation management
- Wealth transfer planning
- Fiscal education for the next generation
- Estate settlement
- Electronic storage of documents
- Remote access to important records and data
Lifestyle Management
JDJ can handle all the details that come from leading a busy life. You tell us what you need. We make it happen. Some of the services in this area include:
- Management of primary and secondary residences, as well as rental properties
- Design and implementation of household maintenance schedule and vendor list
- Hiring and management of domestic help and service providers
- Oversight of vendor due diligence and selection assistance
- Risk management (property, casualty and liability insurance review and monitoring)
- Private jet research and management
- Referrals to entertainment and event planning resources
- Personalized timetable for tracking expiration dates (license, registration and passports)
- Cataloging fine arts and valuables
- Specific projects, as needed
