Karen Caccavo

I have the best job in the world. Every day a client thanks me for my help and about once a week I hear: “I don’t know what I would do without you.”

That said, it’s important for clients, their families, and those referring their clients to me, to know who I am and how I work.

I hold an M.B.A. from the Wharton School, University of Pennsylvania. About fifteen years ago, while working as an insurance broker, my clients would tell me how frustrated they were with their insurance (and other) paperwork. They would miss important invoices not because they couldn’t pay them but because they misplaced them. Or, they called to say they received their new insurance policies, but they didn’t know how to read them, didn’t know where to keep them or what to do with older policies clogging their files.

I was happy to help. I understood that helping clients with the details was part of my job and was a way to build relationships. But honestly, it was not how my employer wanted me to spend my time!

Clearly, someone had to jump in—to focus exclusively on providing paperwork support for those who needed it. Then I discovered that the profession I envisioned already existed. The American Association of Daily Money Managers (AADMM) calls us “daily money managers” while the National Association of Professional Organizers (NAPO) calls us “financial organizers”. Both organizations are a way for those of us around the country providing skilled and trustworthy financial organizing services to learn from each other, commit to a code of ethics, and develop best practices. I joined up and launched Personal Money ManagerSM.

That was 2008.

Since then, I have added clients through referrals from trusted advisors and community organizations serving primarily seniors, and through recommendations from satisfied clients and their families. With each project, I take on the role of resource and advocate for another senior and their family.

I am insured and bonded and a New York Notary. I am continually educating myself on the specific challenges seniors face—from insurance to identity theft, from credit cards to capital gains–and how to best communicate with clients. I pride myself on the skilled, ethical, efficient, but most importantly, compassionate work I do with clients every day at their kitchen tables. Always with patience and a sense of humor!

I am a volunteer leader with NAPO, heading the Working with Seniors Special Interest Group, and Past President AADMM Greater New York Chapter. I am on the board of the Estate Planning Council of Rockland County, New York.

I have presented to a variety of professional and community organizations including the State Society on Aging of New York, Financial Planning Association of the Greater Hudson Valley, and Alzheimer’s Association, to name a few. The Wall Street Journal recently quoted me in their article, “When Aging Parents Need Help with Financial Tasks.”

A client recently put into words what I have heard from many others over the years: “Thank you for everything you do for me. I was so worried and discouraged, but now that you are in my life, I have hope.”

Now that you know something about me, I’d love to learn about you and how I can be of assistance.

I am a volunteer leader with the National Association of Professional Organizers, heading the Working with Seniors Special Interest Group, and Past President the American Association of Daily Money Managers Greater NY Chapter. I am on the board of the Estate Planning Council of Rockland County, New York.

I have presented to a variety of professional and community organizations including the State Society on Aging of NY, Financial Planning Association of the Greater Hudson Valley, and Alzheimer’s Association, to name a few. The Wall Street Journal recently quoted me in their article “When Aging Parents Need Help with Financial Tasks.”

A client recently put into words what I have heard from many others over the years: “Thank you for everything you do for me. I was so worried and discouraged, but now that you are in my life, I have hope.”

Now that you know something about me, I’d love to learn about you and how I can be of assistance.