Stop Playing Quarterback with Your Finances: Why a Coordinated Wealth Strategy Works Best

Who’s Really Coordinating Your Financial Playbook?

If you’ve ever felt like managing your finances is a full-time job on top of your actual full-time job, you’re not alone. Many people have a team of professionals in their corner, an investment manager, a CPA, an attorney, a personal banker, maybe even a business banker, and an insurance agent.

The question is: who’s making sure all of these people are working together?

Option 1: Acting as Your Own Financial Quarterback

In this approach, you sit in the middle of the circle. You talk to your investment manager about your portfolio. You check in with your CPA when tax time comes around. You call your attorney when it’s time to update your will. You sit down with your banker to discuss cash flow.

Sometimes these professionals might reach out to each other, but usually it’s you connecting the dots. You’re the quarterback calling the plays, except the players don’t always talk to each other, and you’re left running between huddles trying to keep the whole game moving.

Pros of this approach:

• Direct contact with every professional
• Control over the pace and flow of communication

Cons of this approach:

• You become the middleman, constantly passing information back and forth
• Advisors may give conflicting advice if they don’t communicate
• Time-consuming and stressful, leaving you to juggle decisions alone

Even if you’re good at juggling, eventually something’s going to fall.

Option 2: A Coordinated Wealth Management Team

Now, picture a different approach. Instead of you sitting in the center, there’s a wealth services team acting as the hub. They coordinate with your CPA, attorney, bankers, and insurance providers.

Your job? You stay in touch with your primary advisor, and they coordinate everything to ensure all parts work together smoothly.

It’s like having a conductor for your financial orchestra. Each instrument — taxes, investments, legal planning, banking, and insurance — still plays its role. But instead of producing chaos, you get harmony.

Pros of this approach:

• One main conversation instead of juggling eight
• Strategies align across tax, estate planning, insurance, and investments
• Less stress and second-guessing
• More time to focus on life instead of chasing paperwork

The con:

• You won’t always have direct contact with every single professional, but that’s by design. Your advisor handles the coordination while keeping you updated where it matters.

Quarterback vs Coordinated Team: Side-by-Side

Why the Coordinated Model May Work Better for You

Wealth doesn’t exist in isolated silos. An investment decision could impact your tax bill. A change in your estate plan might alter your insurance needs. A business purchase could ripple through your personal finances.

When no one is connecting the dots, things can easily fall out of sync. That’s why a coordinated approach isn’t just simpler — it’s smarter.

With an integrated team strategy, you gain:

• Clarity: All professionals are on the same page
• Confidence: Strategies are designed to work together, not against one another
• Less stress: You don’t have to handle everything alone

At the end of the day, the coordinated model can put you back where you belong, not as the project manager of your finances, but as the client whose goals, family, and future are front and center.

Because the best financial team isn’t just a group of skilled specialists, it’s a group of skilled specialists who are actually talking to each other.

Frequently Asked Questions: A Coordinated Wealth Strategy

What does it mean to be the financial quarterback?

It means you are the central point of communication between multiple advisors, coordinating tax, legal, banking, insurance, and investment advice.

What are the risks of managing multiple advisors yourself?

You may receive conflicting advice, waste time relaying information, and face added stress while trying to keep everything aligned.

How does a coordinated wealth services team work?

Your main advisor serves as the hub, ensuring your CPA, attorney, and other professionals work together seamlessly.

Why is integrated financial planning important?

Financial decisions in one area often affect another. Integration ensures your strategies align, reducing risks and improving outcomes.

Do I still have control if I choose the coordinated model?

Yes. You remain in the loop on key decisions while your advisor manages the day-to-day coordination.

Ready to Step Out of the Middle?

If you’re tired of playing quarterback for your own finances, we can help. At Spaugh Dameron Tenny, our Private Wealth Services team is designed to coordinate the moving parts of your financial life so you can focus on what really matters.

Reach out today to learn how we can build a playbook that works for you and bring the right people together, on the same page, working toward your goals.

Any discussion of taxes is for general information purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, or accounting advice. Clients should confer with their qualified legal, tax, and accounting advisors as appropriate.

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