Click here to close now.




















Welcome!

News Feed Item

CAB CPAs Expands Service to High Net Worth Individuals and Their Families

NEW YORK, NY -- (Marketwired) -- 07/15/14 -- Charles A. Barragato & Co. LLP ("CAB"), CPAs and Trusted Business Advisors, has enhanced the service platform it offers to high net worth individuals and their families. Through its SFG Business Management division and led by partner Scott F. Guber, CPA this comprehensive service combines sophisticated bill paying in a paperless environment along with a keen attention to a client's overall financial scenario.

Says Scott, "Long gone are the days of a plain-vanilla check writing service. Utilizing state-of-the-art technology, our process takes the task and management of bill-paying to an entirely new level. While incorporating the sophistication of today's bank and credit card institutions, our proactive approach safeguards privacy and security on all levels. Since the SFG division operates in this high-tech environment, we minimize the risk of identity theft and provide a secure setting for communication with our client. Immediate access and retrieval of items such as past bills and deposits, insurance policies, estate documents and the like ensures delivery of an efficient service and prompt answers to questions a client may have. Quite simply, SFG works 24/7 to help make its clients' lives less stressful."

Scott continues, "High Net-Worth individuals, be they corporate executives, entrepreneurs, physicians, athletes or celebrities, all have one thing in common -- they have no time! These individuals have families, multiple homes (domestically and abroad), charitable foundations and household help. They cannot keep up with managing or the exposure of the day-to-day financial needs of themselves and others. We take care of all this for them, and to their great relief."

Some of the benefits of our service include:

  • Immediately identify potential credit card fraud or misuse

  • Proactive approach to the purchase of large ticket items by securing immediate insurance coverage where appropriate

  • Highlight large variances in monthly expenses to quickly identify issues / problems

  • Track household expenses to quantify the true cost of running each residence

  • Identify business and tax-deductible expenses for a proactive approach to tax planning

  • Deliver detailed monthly reporting, including budgeted to actual cash flow for a clearer picture of finances

Says SFG client and noted TV and Film Director/Screenwriter Greg Mottola, "Since engaging Scott and his team 20 years ago, I not only had a huge sense of relief that all my financial responsibilities were being taken care of professionally and timely, but SFG's service enabled me up to concentrate on growing my business. My family and I are eternally grateful to Scott and his SFG team, and could not have focused on my career without them."

Finally, concludes Scott, "High-end physicians and surgeons who are generating multi-millions for a hospital have precious little time to pay bills and manage their financial life. In many cases, it's the less financially sophisticated family members who are trying to keep up and deal with family financial issues such as bill paying and insurance review. It's a daunting task. So the physician / surgeon engage us, or the employer / hospital engage us, to take the pressure off them and their family.

"Once SFG is fully-integrated, that person becomes more focused and productive for the Hospital, themselves and the patient. So it's a real win-win."

About Scott F. Guber, CPA and SFG Business Management

Scott F. Guber, CPA and SFG Business Management ("SFG"), a division of CAB, have 25 years of experience as a professional service organization. SFG offers a complete range of services to family offices and high net worth individuals. A full service firm, SFG and its staff are viewed as trusted business advisors and will continue to serve its continuously growing clientele. For further information, please visit www.sfgbizmgmt.com.

About CAB

Charles A. Barragato & Co. LLP ("CAB"), CPAs and Trusted Business Advisors, provides tax, accounting and business advisory services across major markets to a diverse clientele, including high net-worth individuals and affluent multi-generational families, real estate investors and developers, exempt organizations and healthcare providers such as hospitals, physicians and the proprietary businesses serving them.

For further information about CAB's full range services, please visit our website www.cabcpa.com or call (212) 371-4446 and ask for Chuck Barragato, managing partner.

Contact:
Chuck Barragato
Managing Partner
Phone: 212.371.4446
Email: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...