"At Eddleman & Eddleman, we will in most cases provide a Medallion Signature Guarantee to non-clients and those transferring assets to institutions other than our firm for a nominal fee.*"
Yes, in most cases.* If you need a Medallion Signature Guarantee or you have customers or clients who are transferring assets and your institution or firm does not provide the Medallion Signature Guarantee or cannot provide the guarantee because the assets are transferring to another institution, we will be happy to assist. Furthermore, you have our assurance that we will not interfere in any way with the transaction you may be attempting, though we may be obligated to provide our Disclosure Brochure, which explains to recipients who our firm is.
No. For our clients or soon to be clients of any division, accounting, financial planning, venture capital, or investment advisory, there is no charge for a Medallion Signature Guarantee.
If you’re unaware, a Medallion Signature Guarantee is a special signature guarantee for the transfer of securities whereby the verifying financial institution accepts liability that:
- The signature is genuine, AND
- The signer has legal authority to sign the document guaranteed, AND
- The signer has capacity.
Because of the liability associated with such a Medallion Signature Guarantee, most financial institutions are moving towards only guaranteeing signatures for the transfer of assets to their institution; many will not even guarantee their own customers signatures if the guaranteed assets are transferring to another institution. In short, most institutions are limiting the availability to this service because they do not have a cost effective way to provide it and still limit their liability.
- Before coming by our office, we recommend calling to schedule an appointment. We are happy to accept walk-ins, however, a very limited number of persons on our staff have the ability to provide the Medallion Signature Guarantee. So, we hate for you to make a trip for no reason if our staff that will provide the guarantee are unavailable for any reason.
- Bring the signer and do not sign the document until you are in our presence! While it may seem obvious, we cannot guarantee a signature that we do not witness.
- Bring the minimal required documents for verification of your identity. As a minimum, this will be:
- Two forms of identification, each of which must include one of the following:
- A signature that has been digitized (e.g. Driver’s License)
- A photo identification that also includes your name (e.g. Student ID, Work ID, etc.)
- A copy of your most recent statement for the assets being transferred.
- Two forms of identification, each of which must include one of the following:
- Bring other supporting documentation. In many instances, we will need to document other items to confirm that you are the legal signer or that you have authority to sign. These may be documents such as a power of attorney, divorce decree, etc. While we can’t tell you what each of these may be, it is a good idea to bring any documentation supporting that “you are who you say you are” and that “you have authority to sign the document”.
First, as a small firm, our principles (owners) are close to the local relationships for signatures being verified and we have complete confidence in our own ability to fact find, document, examine, and reach a legal conclusion regarding the signatures we guarantee. It is difficult for a multinational conglomerate, far removed from a local staff member with uncertainty about such a staff member’s ability in these matters to be as confident. Therefore, such entities most often limit such risk by limiting who they choose to serve.
Furthermore, as you are probably aware, Eddleman & Eddleman is a boutique firm offering a very high level of services in accounting, financial planning, investment, and venture capital advice and implementation. While one of these areas of advisement may compete with certain financial services professionals (you or yours), most firms do not offer every one of these financial services. We don’t have to be everything to everybody. We’re more than happy to help you or your client in providing the highest level of service and maybe the next time you or your client needs assistance with something, you’ll consider the care, dedication, and cooperation provided by us in helping obtain a Medallion Signature Guarantee. Just consider it a trial run introduction on how we like to work in serving clients through cooperation rather than competition!
Generally, the fee is $99 per signature guaranteed for non-Eddleman clients; however, under certain circumstances requiring additional investigation, documentation, or verification, we may have to charge more due to the additional time and liability involved. But, we will let you know in advance if it will be more. Documents requiring more than one signatory to be verified or transfers completed in a series will incur an additional $99 fee for each signature verified.
No and yes. Technically, we can facilitate the transfer of an account of any size. However, accounts in excess of $100,000 will have to be transferred in a series of transactions for which each transaction does not exceed the $100,000 limit. We cannot provide a Medallion Signature Guarantee for transactions over $100,000.
We do reserve the right to refuse to guarantee the signature of any individual at our sole discretion. If we cannot sufficiently verify you AND your legal authority AND your legal capacity to our satisfaction, we will not guarantee your document.
At Your Service
Accounting
Accounting
Our general ledger and bookkeeping services will get your recordkeeping in order. Generally, our clients see improvements in the bottom line with our accounting because we not only keep your books in order, but also have the expertise to help you analyze what they mean to improve your business. Learn more . . .
Whether it’s a personal CFO for your complex, multigenerational family finances, or help for your small business that isn’t quite big enough for a full-time Controller, we can help. Get the expertise of a full-time CFO/Controller without the cost. Learn more . . .
Your staff is the lifeblood of your organization, but making sure they get paid on time is only a small part of payroll implementation. Failure to timely and properly make payroll tax payments is one of the top reasons businesses become insolvent. And, we have the expertise to do more than just process your payroll and payroll tax; our comprehensive business background means we can help guide you on how to optimize your payroll expense to achieve more, answering questions such as: Is your payroll expense reasonable for your type of business? Should I give bonuses or raises? How can I implement retirement or insurance benefits with the biggest bang-for-the-buck? Learn more . . .
We are a QuickBooks Certified ProAdvisor. Whether it is Quickbooks consulting, QuickBooks training for your staff, or QuickBooks implementation by our staff, we are ready and able to assist you. Learn more . . .
Business Advisory
Business Advisory
As Certified Public Accountants, we can help you with all aspects of your business accounting from Bookkeeping and General Accounting to Controller Services, Payroll Services, QuickBooks, and Tax. In fact, we have an entire division that deals with solely accounting and tax. Learn more . . .
Whether you want to set up an LLC, S-Corp, C-Corp, or some other structure, we’d be happy to assist you with the formation including obtaining your Articles of Organization, obtaining an Employer Identification Number (EIN), tax registration, obtaining a business license, and more. We can even help you with your marketing plan and business plan. Learn more . . .
A business plan or evaluation of your current business implementation strategies can often be much more helpful than you think. Whether it's marketing or operations we’ve managed multimillion-dollar budgets for these items and helped numerous businesses with everything from the Four P’s of Marketing to completing a SWOT Analysis or Pro Forma Income Statement. Learn more . . .
Thinking of selling your business? Perhaps you’re looking to buy? Maybe, you want to pass things on to the next generation! Whatever your business transition, sale, or acquisition need, we’ve helped numerous clients with every aspect from inventory counts and financial statement review, to market analysis, real estate disposition, and multigenerational asset transition.
We have significant experience with the implementation and management of various employer retirement plans. Whether you are a sole proprietor or have a team of hundreds, we can help you select the right plan for your company and implement it. We’ve advised and managed plans including 401k, SIMPLE, SEP, and more. We were working under the new ERISA fiduciary rules years before they were required. Furthermore, we can educate you on any potential liabilities you may have as a plan sponsor, how to limit those liabilities, and even help educate you and your employees on individual investment selection.
Financial and Estate Planning
Financial and Estate Planning
For many firms, asset management and investment management are synonymous terms, however, for Eddleman clients, asset management means we consider and advise you on liquid investments and other items of monetary value, considering both simultaneously. What does that mean? It means when advising you on your IRA investments, we also consider the 401k at your current employer as well as the real estate you inherited from your parents, and the small business that you own.
Most people have dreams for the future and for many of those dreams, their accomplishment is at least influenced if not completely determined by financial decisions. Financial Planning means understanding where you are today and where you want to be tomorrow and then helping you to chart a course to get there. It’s much more than just stacking the money as high as possible. It’s about making tough decisions such as whether to pay of the house early and how that may impact both your retirement and funding the kid’s college.
Retirement Planning is really very different for everyone. For some, retirement means not working at all. However, for most, even those with the financial ability to not “have to” work, retirement means having the ability to do what you want, when you want. That may be taking a trip with the grandchildren, opening that small business you always dreamed of, perhaps even working when you want, and doing what you love regardless of the pay.
You’ve worked hard, saved, invested, and realized the financial success of the labor and planning. Now, you need an advisor who can make sure the wealth you’ve established has the best opportunity of doing its job. Perhaps you’re concerned with how to establish the same ethics in the next generation before handing the assets over or maybe you’re unsure whether to just donate those funds or establish your own foundation. Whatever your dream for your wealth, we understand there’s a lot more to wealth management than balancing risk/return, cutting checks, and minimizing taxes.
Managing risk is much more complex than most people realize and plays a much more central role in reaching financial objectives than most realize. And, whether you realize it or not, you take risk every day with your finances and other parts of your life.
The first step to managing financial risks with both your investments and other aspects of your finances is understanding what those risks are and then deciding whether those risks can/should be eliminated, avoided, minimized, or mitigated. We have extensive experience in helping you analyze and manage investment risk. Furthermore, we don’t sell insurance because we prefer not to interject bias into our advice, however, we have significant knowledge and understanding of insurance should you wish to consider using it to mitigate certain financial risks. Finally, we understand the more complex aspects of risk management with techniques such as corporate formation.
No, we don’t sell or broker real estate or other hard assets, but our significant knowledge of real estate management and disposition can help you. And, unlike so many other advisors today who primarily focus on liquid assets, we’ll advise you regarding other hard assets such as the precious metals, Gold and Silver. We’ve even helped our clients with valuable collectibles like art and cars. And, while we don’t appraise such assets, there’s much more to disposition of these assets than finding the top bidder.
Investment Advisory
Investment Advisory
We understand that managing your liquid investments is as much about managing your risk as it is about optimizing your return. We manage client investments such as stocks, bonds, mutual funds, ETFs, REITs, and other holdings solely in a fiduciary capacity.
- Taxable
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- Business
- Individual
- Joint
- Trust
- UTMA
- Tax Advantaged
- 401k
- 403b
- 457
- IRA
- Roth
- Self-directed IRA
- SEP
- SIMPLE
- Educational
- 529
- Educational IRA
- HSA
- Annuities
- Bonds
- Commodities
- ETFs
- Hard Assets
- Mutual Funds
- Real Estate
- Stocks
- Venture Capital
You may have been told that you need a Medallion Signature Guarantee in order to transfer your investments, but you can’t find anyone willing to provide the Guarantee because you are transferring the assets to them. If this is the case for you or your clients, we’d be glad to assist you! Learn more . . .
Sometimes you’ve maximized standard tax shelters or perhaps you’re limited on these due to your income. If this is the case we can certainly help you with a taxable investment account, but before you give up hope, let us take a look at your situation. We’ve sometimes found tax-advantaged investing for clients that were overlooked by other advisors.
IRAs, ROTHs, 401ks, 403bs and even annuities are just a few of the many tax advantaged opportunities for long-term investing that we have rolled over and managed for clients. We have extensive experience in not only managing the underlying assets of these types of accounts, but also optimizing the tax benefits. With a CPA on staff, we can help you wade through the many options to better understand the advantages and disadvantages of these various strategies.
Tax
Tax
Businesses pay an amazing number of and amount in tax and unfortunately, simply earning the money to pay all those taxes is not enough. Missing a tax deadline or just failing to realize that a certain tax exists gets many a business into financial trouble with penalties, interest, and just trying to catch up. Let us handle all the deadlines and calculations while you focus on the success of your business. And, who knows, we might even find a place or two to help reduce some of those taxes.
The estate tax is less of an issue than it once was with the new higher federal exemptions. However, that is little consolation to you if you are over the exemption limit. Furthermore, one must be aware and careful regarding each state’s estate tax. Changing where you call home can certainly have an impact for beneficiaries of your estate. If you think estate taxes might be an issue, we’d be happy to help you evaluate considerations that may influence the impact of this tax.
Whether you want to make sure you are minimizing them or you just need help filling them as your Certified Public Accounting (CPA) firm, we’ll do our best to make the process as painless as possible.
For some, tax planning merely consists of remembering the deadline, but you may have a more complex situation with multiple deadlines and considerations not only of taxes for this year, but of the years to come. We’d be happy to help!
Do you have multiple schedules, multiple states, multiple sources of earned income, multiple businesses, and dozens of various investment incomes? Not a problem. Or, maybe you just file a 1040EZ with income from one job. Either way, we’re happy to prepare your return and even consider what might make it better for the next year.
Whether its personal taxes or small business taxes, federal taxes, state taxes, or local, income tax, sales and use tax, payroll tax, franchise and excise tax, property tax, liquor tax, or any other kind of tax, we’re happy to assist you with your filings, calculations, and ensuring you only pay what is required.
Venture Capital
Venture Capital
If you’re an accredited investor looking for unique opportunities and don’t mind the risk, we’d be happy to help walk you through the often challenging landscape of Venture Capital and Private Equity investment, whether it’s the Eddleman IMPACT Fund or another offering you want us to complete due diligence upon. And, if you just want to understand more about what venture capital is, we’d be happy to help you with that too. Learn more . . .
The Eddleman IMPACT Fund is a mission-oriented, Judeo-Christian values investment. While its holdings maintain a for profit status, investors can benefit from the knowledge that this Regulation D offering provides them both the opportunity for a return and the chance to use blessing to make a difference. Learn more . . .
The Eddleman Real Estate Fund is a Regulation D opportunity to invest in various holdings including real property as well as construction and development opportunities without the hassle of managing private holdings oneself. Learn more . . .
