TAG Expands Into New York City with New Office Location

The demand for Family Bill Pay services prompts TAG to sign an office lease in order to accommodate new sales and existing clients in that region.

TAG Expands Into New York City with New Office Location

La Jolla, CA, June 07, 2019 –(PR.com)– TAG, a premier back-office accounting, financial reporting and bill pay firm for family offices and the high-net-worth, is pleased to announce a new office based in the heart of Midtown New York City. Located at 747 Third Avenue, Suite 200 in New York, New York marks the fourth office location for TAG. This east coast footprint enables access to the Nation’s top family offices and wealth management firms to provide outsourced bill pay services.

“The expansion into New York City represents an exciting development for TAG,” said Anneke Stender, Executive Vice President of TAG. “The space offers a single location for northeast sales, new business development and supporting our existing clientele in that region,” she said.

As a preferred bill pay vendor for several premier multi-family offices, single family offices, wealth management firms and financial institutions, TAG is experiencing rapid client acquisition. The success of the service offering has resulted in positive impacts in the revenue for the firm, along with adding new employees to handle the accounts.

“We have been putting capital to work in order to accelerate our business plan for TAG Bill Pay and to meet our objectives for growth. This includes security, technology and our white glove service,” said Robert Scherer, President of TAG. “The new office space is just the beginning,” he said. “We are developing a mobile bill pay app and will be launching a separate website in the coming months.”

Since 1996, TAG has been specializing in financial reporting and accounting services that cater to the high-net-worth and their family offices. By providing a holistic view of assets and financial holdings, it gives clients and their personal financial team clear data to establish budgets and wealth retention strategies.

TAG Bill Pay is a comprehensive and customizable service performed by a team of accounts payable experts and includes bill payment, recordkeeping, expense tracking, cash flow reporting, vendor management and mail management services. With bank-level security measures in place, there is complete account production and a cloud infrastructure for real-time 24/7/365 network monitoring and detection. All sensitive financial information is encrypted and uploaded to the client’s private cloud portal with two-factor authentication for login.

“What makes the TAG Bill Pay service offering so successful is that we deliver a high-touch, secure, and reliable solution that give family offices and their clients a trusted resource to offload their household bill paying and recordkeeping tasks,” said Robert Scherer. “By opening an office in NYC, we will further strengthen our nationwide presence and capitalize on sales that cater to the ultra-high-net-worth,” he said.

About TAG
Founded in 1996 as an outsourced accounting firm, TAG’s mission is to help organizations and individuals achieve their business and financial goals by providing an unparalleled array of customized, effective and trusted services, including financial reporting, bill pay, and fractional accounting solutions.

TAG works with clients across the country and has four office locations: Main Office is located at 1227 Prospect Street, Suite 200, La Jolla, CA 92037; Orange County office: 100 Bayview Circle, Suite 270, Newport Beach, CA 92660; Rancho Santa Fe Office: 16904 Via de Santa Fe, Rancho Santa Fe, CA 92067 and East Coast Office: 747 Third Avenue, Suite 200, New York, New York 10017. www.teamtag.net

Published at Fri, 07 Jun 2019 07:00:00 +0000