Case Study: Midtown Financial Group achieves up to 94% reduction in data entry costs and boosts productivity with eMoney Data Entry Service

Increasing Productivity with eMoney Data Entry Service

Midtown Financial Group, led by founder Grace Yung, is an LPL-affiliated advisory in Houston that has used eMoney since 2012. The firm’s challenge was that routine, time-consuming data entry distracted advisors from revenue-generating work like financial planning and client meetings; Yung didn’t want to hire and train an assistant and needed client details uploaded quickly and accurately into eMoney.

To solve this, Midtown uses the eMoney Data Entry service: clients’ financial documents are uploaded to the eMoney Vault and the eMoney team inputs the data into client profiles. The service costs $50/hour and averages 1.5 hours per client (about $75), versus more than 10 hours of advisor time billed at $250/hour — a reduction in data entry costs of up to 94% — freeing Yung to meet more prospects, manage portfolios, and scale the practice while providing a more professional client experience.

Midtown Financial Group

Grace Yung

Founder