Compass CFO Solutions, LLC, the wealth management industry’s leading provider of outsourced CFO and accounting solutions, announced today that the firm has hit a key milestone and is serving client firms that have a combined $20 billion in Assets Under Management. By providing tailored solutions to the wealth management industry, Compass has achieved substantial growth in the last two years as more and more financial advisors have turned to outsourced solutions as they transition from traditional wirehouse settings to independent firms.
“We founded the firm in early 2017 after witnessing a need for cost effective and highly efficient professional services so advisors could focus on growing their businesses and not on financial administration,” said Damian Lo Basso, founder and CEO of Compass CFO Solutions. “Our technology-based experience and sole focus on the wealth management industry separates us from the competition. We offer a custom experience, while providing advisors with key updates and institutional guidance they otherwise would be required to seek on their own.”