Local Business Partners Among First Professional Daily Money Managers to Be Certified in the U.S.
Rebecca Eddy and Gideon Schein of New York City were two of 21 nationwide to earn the designation Professional Daily Money Manager by passing an intensive examination developed by the American Association of Daily Money Managers (AADMM).
PR9.NET February 19, 2008 - USA/New York, NY. Rebecca R. Eddy and Gideon Y. Schein of New York, NY were two of 21 daily money managers from 12 states who became the first in the nation to earn the designation Professional Daily Money Manager by meeting eligibility requirements and passing an intensive examination. The certification process has been developed by the American Association of Daily Money Managers (AADMM) as part of its mission to assure high standards of practice and delivery of quality service by DMM professionals.
Ms. Eddy and Mr. Schein, who are affiliated with Eddy & Schein In-Home Administrators for Seniors in New York, were recognized by the AADMM leadership for their achievement with these words, "Your investment of money and time denotes your personal commitment to excellence and integrity in the provision of services to your daily money management clients."
As two of the inaugural class of Professional Daily Money Managers, Ms. Eddy and Mr. Schein certified that they ascribe to the stringent AADMM Code of Ethics, have 1500 hours of experience in the field, and fulfilled educational criteria to meet eligibility requirements. The test administered in November addressed five areas of competency that included bill paying, basic finance/bookkeeping, payroll and tax basics, types of expenses, and standards of practice.
Certification demonstrates in a tangible way the professionalism among daily money managers. Through voluntary certification, individuals validate their skill level and add to their credentials as a leader in the industry.
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About Eddy & Schein In-Home Administrators for Seniors
Eddy & Schein In-Home Administrators for Seniors, incorporated in 2000, helps manage the unique administrative circumstances that confront seniors. A principal from the New York firm visits clients in their own home or apartment, and coordinates personal, financial, legal and health insurance matters, oftentimes saving money, but always providing a better organizational structure and greater peace of mind. "lifekeeping, not just bookkeeping" is their tagline.
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