It is always funny when asked what we do. The answer is either (1) We are a CPA firm providing Audit, Accounting, and Tax services to privately-held businesses and/or (2) We are the most trusted financial advisers for entrepreneurs utilizing cutting edge thinking for proactive ways to help privately-held business owners succeed in their business and personal lives. I realize that (2) is a mouthful, but it is the best way for me to describe what we do and still fight the old cliché, “I don’t want to be a CPA because I am not good at math.”
If you don’t mind letting me use the “outside the box thinking” line, I want DMJ to be just that – outside the box. We have, and will continue to, think outside the box for ways to better serve our clients. I often joke that we try a lot of things and, occasionally, we get one of those things to be successful.
Let me blog a bit on the successful ones:
In 2001, we decided that all too often the financial planning of privately-held business owners is left on the sidelines because they are constantly engrained with everyday business matters or the hottest fire on their desk. As a result, we launched a completely new entity, DMJ Wealth Advisors LLC*, offering comprehensive financial planning services and asset management. This entity has grown to 11 full-time people, including 5 Certified Financial Planners, and nearly $350 million in assets under advisement. I am passionate about and consistently proud of the quality of the financial planning services provided by this team.
DMJ’s Healthcare Practice Consulting is another nontraditional service that began in 2002 when Rob Peddrick joined DMJ. Serving medical and dental practices throughout the state, DMJ Healthcare has continuously grown to become one of DMJ’s largest niches. The Healthcare division truly represents our goal as we strive to be the most trusted financial advisers for our clients. In a typical week, they will advise on new practice start-ups, practice mergers, new coding requirements, the sale of practices, and buyout of retiring physicians…and this brings them to 9:00 am on any given Tuesday!
So what is DMJ all about?
Constantly investing in technology, paperless filing systems, new office buildings, embracing cutting edge marketing and social media, updating internal systems, recruiting and retaining the best and brightest personnel, thinking what to try next, and having a lot of fun along the way.
I would have never thought I would have such an amazing opportunity to sit across the conference room table from friends/clients and talk about the pulse of their business, their lives, their problems, and their opportunities. This is truly awesome.
* Advisory Services and Securities offered through ProEquities, Inc., Member, FINRA & SIPC.