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While your friend may be totally altruistic in her motives, her clients may well have relatives who would view this sort of arrangement very skeptically.


I appreciate the word of caution, but I don't think it applies here.

Typically the family is totally behind the choice to use a daily money manager, as the (typically) adult child is not able to do it for their parent, due to job pressures and living at some distance. In fact, I expect that in many cases, the adult child will be paying for my services, to ensure that their parent's bills are paid, and health insurance claims are processed, etc. At least, that is my expectation. Let's see how it turns out in fact.

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