Meet Beverly Palmieri of Pacific Financial Management in Studio City

Today we’d like to introduce you to Beverly Palmieri.

Beverly, let’s start with your story. We’d love to hear how you got started and how the journey has been so far.
I worked for another business management for 8 years. Then, I decided to start my own business. I literally turned the key to my first office on my 40th birthday. That was my “mid-life” crisis. We are now in our 20th year. Our business has grown strictly by referral. We have never advertised. When a prospective client meets with us, we are interviewing them as much as they are interviewing us. We are very much a family here and will go to any length without overstepping our boundaries for our clients. So, each account is customized to suit the needs of each individual and each business. If we manage the business we do not charge to manage the personal as we want to be certain the business takes full advantage of any and all deductions. While there are exceptions, typically all of our clients’ mail comes directly to us. This way, we can enter and categorize all deposits and expenses. We have an employee that runs to several banks each and every day. At the end of each month, a full set of financial reports are emailed or mailed to our clients. Generally are fees are 4.5% of gross revenues, although we do have some clients on fixed fees. We will not charge hourly as we prefer to encourage as much communication from our clients as possible. The majority of our clients are entertainment based, actors, writers, directors, producers, musicians, voice & dialect coaches, stuntmen (and women), grips and props. We also manage several other business accounts, i.e., computer techs, nurses, non-profits.

Great, so let’s dig a little deeper into the story – has it been an easy path overall and if not, what were the challenges you’ve had to overcome?
I was concerned during the recession that we were going to lose a lot of clients. Astonishingly enough, we didn’t lose any clients. Their comments to me were “We need you more than ever!”. We are very close to the studios so it’s easy for our clients to get here. Another great plus is that we are located in Tujunga Village next door to the infamous “Aroma Cafe” as well as several restaurants and clothing boutiques.

Alright – so let’s talk business. Tell us about Pacific Financial Management Inc. – what should we know?
I am very proud that we see our clients as family. We have a very family & dog-friendly atmosphere. This is not a corporate environment. We think our clients appreciate the warmth and care we provide. My employees treat this company as if it is their own. We enjoy what we do very much and pride ourselves on being very detail oriented. Wherever we can save our clients money, i.e., insurance premiums, cell phone bills, better credit card arrangements we will do that. If it is time to buy or refinance a home, we will do all the paperwork and assist in finding the best rates. Whatever financial assistance is needed we will be there. We also have many colleagues in the insurance & investments areas that we go to because we have worked with them for 20 or more years and know they are trustworthy and will offer better rates than their competitors.

Is there a characteristic or quality that you feel is essential to success?
Honesty, integrity and willingness.

Contact Info:

• Address: 4370 Tujunga Ave., Suite 335
  Studio City, CA 91604
• Phone: 818-763-1840
• Email: [email protected]

Image Credit:
Elijah Quesada, David Devora, Jesse Plemons, Pete Williams, Fritz Coleman and Beverly Palmieri

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