Business Details
39 Years
experience
Your Trusted Partner for Financial Administration
Founded in 1987 as My Accountant, My Accountant has evolved into a premier provider of financial administration services for affluent families. Our mission remains to eliminate time spent on personal financial management and empower informed decision-making through timely, accurate reporting. Over decades, weve combined proprietary technology with personalized service, offering fully managed solutions for complex wealth structures. Our team of accredited professionals brings deep expertise in personal bookkeeping, entity accounting, and consolidated investment reporting, serving as a strategic partner to families and their advisors.With a proven leadership team and nationwide reach, we maintain long-term relationships built on trust, transparency, and tailored financial clarity. Our commitment to E-E-A-T principles is demonstrated through our 35+ years of experience, industry-specific knowledge, and client-centric approach that prioritizes security, compliance, and comprehensive financial oversight.
Services
Personal Bookkeeping
Billpay Services
Entity Accounting
Partnership Accounting
Investment Reporting
ILIT Administration
Domestic Payroll
Medical Claims
Asset Statements
Family Office Consulting
Details
- Year established: 1987
Highlights and features
- We combine proprietary technology with personalized service for complex financial needs
- 35+ years of experience serving ultra-high-net-worth families and family offices
- Customized financial reporting solutions for multi-entity structures and investments
- Dedicated relationship managers oversee each client's financial administration
- Secure, bank-level technology integrated with white-glove service delivery
What people say
Time-saving solutions
Exceptional accuracy
Personalized service
Expertise in HNW finance
Seamless integration
Services
Personal Bookkeeping
Our Personal Bookkeeping and Billpay Service integrates all spending across multiple accounts, properties, and entities into comprehensive financial records. We automate payment processing while maintaining manual approval controls for high-value transactions. Monthly cash flow reports and year-end categorized expense summaries provide complete liquidity visibility, helping affluent families understand spending patterns and optimize budgeting decisions while ensuring tax advisors receive necessary documentation.
Entity Accounting
Entity and Partnership Accounting manages complex financial structures including trusts, family limited partnerships, and investment companies with precision. Our team maintains complete books, administers capital calls, tracks intercompany activity, and prepares key financial statements. Custom reporting capabilities allow consolidated or segmented views of financial positions, supporting compliance with formation documents while providing transparent information for tax and legal compliance specialists working with multi-tiered ownership structures.
Investment Reporting
Consolidated Investment Performance Reporting tracks marketable and non-marketable securities across all family entities in a unified system. Our solution provides detailed analytics on investment allocations, returns against benchmarks, liquidity positions, and risk characteristics. The integrated general ledger ensures accurate valuation tracking while customized reporting capabilities allow assessment of performance by asset class, manager, or family member to inform strategic allocation adjustments and tax preparation requirements.
ILIT Administration
Irrevocable Life Insurance Trust (ILIT) Administration ensures complete regulatory compliance through dedicated account management, premium payment processing, and Crummey notice distribution. We maintain detailed trust activity records while coordinating with legal and tax advisors to prevent costly oversights. This specialized service protects trust integrity while maintaining proper documentation for estate planning purposes and regulatory examinations involving life insurance holdings within complex financial structures.
Family Office Consulting
Our Family Office Consulting and Structuring service develops customized solutions for tax efficiency, asset protection, and operational effectiveness. We analyze existing structures, model costs, and implement optimized frameworks in collaboration with top trust attorneys. This comprehensive approach addresses investment management, compliance requirements, and administrative efficiency needs for families establishing or improving their family office infrastructure to better manage significant wealth across generations.
People
John Carey
Chief Executive Officer
Brings technology leadership experience from Envestnet and Accenture to scale My Accountant's infrastructure. Holds MBA from NYU. Focuses on expanding proprietary solutions while maintaining white-glove service standards for HNW families.
Joe Farren
President, Partner
Architect background informs creative problem-solving approach. Registered architect with AIA membership. Prior leadership roles at Lake Flato Architects. Leverages design thinking for continuous process improvement in financial administration solutions.
Craig Setera
Chief Technology Officer
Technology leader with 30 years of financial services innovation experience. Former VP of Engineering at Envestnet and Harvest Savings. Computer Science degrees from Minnesota State University and University of Minnesota. Drives technical architecture and software development for scalable financial solutions.
Kevin Reed
Chief Revenue Officer
Revenue growth expert with leadership roles at Morningstar, Merrill Lynch, and PNC. Founded Morningstar's enterprise practice. Board member at Feed My Starving Children. Focuses on strategic partnerships that solve wealth ecosystem challenges through integrated solutions.
Andrew Farren
Vice President, Partner
Technology infrastructure specialist with cybersecurity expertise. Upgraded systems to bank-level security standards. Creates custom operational software. Industry conference participant focused on high-net-worth financial security requirements and privacy protocols for sensitive client data management.
Questions
What specific financial services do you offer for affluent families?
We provide personal bookkeeping, entity accounting, investment performance reporting, ILIT administration, domestic payroll, and family office consulting tailored to complex wealth structures.
How do you handle multi-entity financial administration?
Our team manages trusts, partnerships, and investment companies with consolidated reporting while maintaining entity-specific financial records and compliance documentation.
Do you serve clients outside the Trumbull area?
As a technology-enabled service, we provide nationwide financial administration solutions to families and their advisors regardless of location.
What sets Aquilance apart from other financial services firms?
We uniquely combine proprietary financial technology with personalized service models specifically designed for ultra-high-net-worth families and family offices.
How do you ensure data security for sensitive financial information?
We maintain bank-level security systems and create custom software solutions focused on protecting client financial data and privacy requirements.
Can you assist with insurance and payroll requirements?
Yes, we offer property & casualty insurance reviews and domestic payroll services coordinated with tax professionals for household staff management.
