Case Study: Croom Financial improves efficiency with eMoney Data Migration Services

Croom Financial manages $25M in assets more efficiently with eMoney Data Migration Services

Croom Financial, a fee-based financial planning practice founded by Armond Croom, faced a significant challenge in maintaining efficiency. As a sole advisor with $25M in assets under management, Croom needed to keep client portfolio data meticulously updated to support his commitment to three annual meetings per client. However, manually entering this data was a time-consuming task that cut into billable hours and profitability. To solve this challenge, the practice turned to eMoney and its Data Migration Services.

eMoney's Data Migration Services provided a solution where Croom could securely upload client statements, and the eMoney team would accurately load the data into client profiles on the eMoney platform. This service delivered the latest client information to Croom for review in under an hour, allowing him to focus on providing strategic advice during client meetings instead of data entry. The results for Croom Financial included maintaining a high level of personalized service, sustaining client loyalty, and freeing up time for the owner to pursue other projects. The measurable impact is evidenced by the $25M in assets clients have entrusted to the practice.

Croom Financial