Professional Service Firms
Professional service organizations assume a myriad of roles – client advocate, employer, dealmaker, etc. Each of these roles comes with responsibilities and risks that impact the firm as an entity as well as the professionals themselves.
The Professional Services Practice at Mesirow Financial understands these risks. We:
- Protect corporate assets
- Streamline insurance-related operations
- Improve employee benefits, and
- Devise creative solutions for your clients' challenges.
Experts Who Know Your Business
We believe that in order to develop the most effective solutions for our clients we must truly understand the intricacies of their line of work. That's why the Professional Services Practice focuses solely on organizations that provide advisory services to their clients, such as law firms, consulting groups and accounting firms. We recognize the unique risks you face and we have the insight and experience necessary to combat those risks.
Control Your Firm's Risks
Have you ever wondered if your firm is spending more than necessary on its insurance? Is it unknowingly exposed to risk? Or does it hold unnecessary policies?
Mesirow Financial goes beyond simply placing insurance coverage – we evaluate your current programs, identify vulnerabilities, assess risks, and employ techniques to reduce your total cost of risk. Our areas of expertise include:
Property and Casualty Consulting
Customized programs for your unique needs, including off-site document storage, business interruption, fine art and collectibles, workers' compensation and employment practices liability.Professional Liability
Competitive and comprehensive coverage that protects your firm and its employees from claims of improper practice.
Enhance Your Firm's Employee Benefits
Quality benefits programs are proven to be a tremendous tool in recruiting and satisfying valuable personnel, as well as encouraging employee commitment and longevity.
Our professionals work with you to structure benefits programs that are appealing to your employees, while keeping within budget constraints.
Employee Benefits Consulting and Brokerage
We specialize in both group and voluntary insurance programs, including:
- Medical, dental and vision
- Life
- Short- and long-term disability
- Travel accident
- Long-term care
- Section 125
- Wellness initiatives
Retirement Plan Consulting
We help you determine how your retirement program compares to competitors, and establish methods for measuring investment performance. We accomplish this through extensive plan evaluation, vendor searches and investment consulting services. Our retirement consultants specialize in all forms of retirement programs, including:
- Pension, profit sharing or 401(k) plans
- Deferred compensation
- Salary continuation
- Executive medical reimbursement
Compliance Analysis
Avoid penalties and liabilities associated with ERISA, HIPAA, COBRA and FMLA regulations. We provide access to consultants with expertise in conducting audits, advising about reporting and disclosure requirements and drafting compliant plan documentation.Online Benefits Communication
Our e-view Benefits is a customizable, online portal that enables your HR staff to access comprehensive research tools, information and news that will help you manage your benefits programs. In addition, we can use e-view Benefits as a "WorkSpace" to send and receive messages and documents to each other in an efficient, secure way.
Provide Value-Added Solutions to Your Clients
Regardless of your firm's specialty, Mesirow Financial has the expertise and resources to provide insurance and financial products that suit your clients' needs. We can work with you to further satisfy your clients' needs.
Strategic Transactional Consulting
Our Transaction Consulting Practice can help your clients to avoid risks that potentially jeopardize the profitability of a merger, acquisition or divestiture. We provide strategic direction that identifies these risks and transfers or mitigates liability.
Personal Wealth Protection
We work with a significant number of affluent individuals to protect their property and preserve their assets, through a number of creative, cost-effective insurance and investment products.
