Financial & Insurance Services
You help clients with their money all day. Then you go home and ignore your own books. Sound familiar?
A Little Ironic
You spend your days helping clients organize their financial lives. Insurance coverage, investment strategy, retirement planning, risk management. You’re the expert they trust.
Then you look at your own books. Commission statements piled up. Renewal income you haven’t reconciled in months. A QuickBooks file that’s technically open but functionally abandoned. The cobbler’s children have no shoes.
You know better. You just don’t have time. We get it.
Commission Structures Are a Maze
New business commission. Renewal commission. Different rates by carrier. Different rates by product. Overrides if you hit tier. Bonuses if you qualify. Clawbacks if the policy cancels in year one.
Knowing what you actually earned requires reconciling statements from five different carriers, each formatted differently, each with their own timing. Most producers glance at the deposit and move on. By year end, thousands of dollars in discrepancies have gone unnoticed.
We track it properly. What you sold, what you’re owed, what you received. When a carrier underpays, you’ll know.
Commission Reconciliation
Commission Reconciliation
Statements from every carrier, reconciled to deposits. Discrepancies caught and flagged. You see what you actually earned.
Clawback Tracking
Clawback Tracking
Policies cancel. Commissions get clawed back. We track the exposure so it doesn’t surprise you six months later.
Renewals Are the Asset
Year one is grinding. Prospecting, quoting, closing. The commission barely covers the time you put in. But year two those policies renew. Year three they renew again. Year five your book is producing income while you’re on vacation.
That renewal stream is the asset you’re building. It’s what makes the agency valuable. It’s what you’ll sell someday or pass on. But only if you know what’s in it. How much renews next year? What’s the retention rate? What happens if you lose your top three accounts?
Most producers can’t answer those questions. They’re too busy writing new business to look backward. That’s a problem when backward is where the money lives.
Book of Business Tracking
Book of Business Tracking
Policies, carriers, renewal dates, premium, commission rates. Your book documented and visible. You know what you have.
Renewal Projections
Renewal Projections
What’s renewing next quarter? Next year? We help you forecast the income that’s already sold.
How We Help
We work with insurance agencies, financial advisors, RIAs, mortgage brokers, benefits brokers, and private lenders across Utah. You understand money. You just need someone to manage yours.
Monthly Bookkeeping
Monthly Bookkeeping
Books closed every month. Commission income, operating expenses, profit. Clean records that reflect reality.
Compliance-Ready Records
Compliance-Ready Records
Regulators expect documentation. SEC, state boards, fiduciary requirements. When they ask questions, you have answers.
AUM Fee Tracking
AUM Fee Tracking
For advisors billing on assets under management. Fees calculated, reconciled to custody statements, revenue recognized properly.
Tax Planning
Tax Planning
Commission income is lumpy. Quarterly estimates are tricky. We help you plan around the swings so April isn’t a disaster.
Utah's Trusted Bookkeeping Firm
First Step:
Start With a Call
Tell us what's going on and we'll let you know if we can help. We'll ask a few questions and give you a straightforward quote.