Financial Services
You help clients build wealth. Your own firm's financials deserve the same level of expertise and strategic attention.
You Understand Finance. That's the Problem.
You spend your days advising clients on financial decisions. You understand compound interest, risk management, and the importance of clean records. You know exactly what your firm’s accounting should look like.
And that’s why the state of your own books bothers you. Commission statements from six different carriers sitting in a folder. Quarterly revenue that fluctuates wildly because of payment timing rather than actual performance. A general sense of profitability without the precise numbers to back it up.
Your clients get your expertise. Your firm deserves the same caliber of financial oversight.
Commission Income Is a Moving Target
Insurance renewals arrive months after the policy anniversary. Mortgage commissions hit the bank weeks after closing. AUM fees get billed in arrears for work already completed. Every revenue stream operates on its own timeline.
This makes monthly financials nearly meaningless without proper accounting treatment. A strong month might just reflect delayed payments finally arriving. A weak month might hide solid production that hasn’t been paid yet. You end up managing cash flow by feel instead of data.
Who We Work With
Who We Work With
Independent insurance agencies, mortgage brokerage firms, registered investment advisors, private lenders, and fee-only financial planners throughout South Florida. Established firms that have moved past startup mode and need financial infrastructure to match.
The Common Thread
The Common Thread
Revenue from multiple sources with different timing and structures. Regulatory compliance costs that add up faster than expected. Growth ambitions that require knowing your actual numbers, not approximations.
Where Things Break Down
The challenge isn’t that financial services owners don’t understand accounting. It’s that the specific nuances of this industry require dedicated attention. Carrier statements need reconciliation against expected payments. Regulatory expenses need proper categorization. Revenue recognition needs to reflect reality, not just when cash arrives.
Most firms end up with books that technically balance but don’t provide useful information. The P&L shows total revenue but not profitability by product line or advisor. Compliance costs get lumped into general overhead. When it’s time for strategic decisions about hiring, expansion, or selling the practice, the data isn’t there.
Carrier Reconciliation
Carrier Reconciliation
Insurance agencies receiving renewal commissions years after the initial sale often can’t verify if carriers are paying correctly. Without tracking expected versus actual payments, underpayments go unnoticed for months or years.
Revenue Recognition
Revenue Recognition
Recording revenue when cash arrives distorts monthly performance. AUM fees billed in January for Q4 services need recognition when earned. Mortgage commissions need tracking from closing to payment. Otherwise, your financials tell the wrong story.
Partner Allocations
Partner Allocations
Multi-advisor practices with revenue splits and shared expenses get complicated fast. Without clear allocation methods, partners end up arguing about numbers at year-end instead of focusing on clients and growth.
Compliance Cost Visibility
Compliance Cost Visibility
E&O insurance, licensing fees, continuing education, association dues, compliance software. These required costs of doing business should be tracked separately so you understand your true overhead and can plan accordingly.
Controller and CFO Support for Your Practice
Your internal team handles the day-to-day transactions. We provide the oversight, structure, and strategic perspective that turns transaction data into decision-ready financials. Monthly closes that reconcile carrier statements. Revenue tracking by advisor or product line. Compliance expense monitoring. The foundation you need to run your practice like the business it has become.
For firms ready for deeper strategic work, our fractional CFO services bring executive-level financial thinking to decisions about expansion, acquisition, succession planning, or optimizing profitability. The same caliber of advice you give your clients, applied to your own firm.
Controller Oversight
Controller Oversight
Monthly review of your books with proper adjusting entries, reconciliation verification, and financial statement accuracy. Your internal staff handles the work. We make sure it’s done right and the numbers mean something.
Strategic Financial Guidance
Strategic Financial Guidance
Cash flow forecasting, profitability analysis, compensation modeling, and planning for growth or transition. Financial leadership for decisions that shape your firm’s future.
Premium Controller & CFO Advisory Firm
Next Step:
Let's Talk About Your Business
Tell us about your business and your goals. We'll discuss how Jargo can support your financial operations and growth.