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Part of the ML Management Partners team in New York, Benjamin Leitman works with high net worth clients in Sports and Entertainment to develop optimal tax and insurance strategies. Benjamin Leitman emphasizes financial planning approaches that take into consideration capital markets and the economy, and also reflect individual timelines and objectives.

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Part of the ML Management Partners team in New York, Benjamin Leitman works with high net worth clients in Sports and Entertainment to develop optimal tax and insurance strategies. Benjamin Leitman emphasizes financial planning approaches that take into consideration capital markets and the economy, and also reflect individual timelines and objectives.

With uncertainty a prevailing trend in 2020, Americans have responded by saving more and keeping more cash at hand. The personal savings rate, which had hovered at 7 percent for several years, rose to a high of 33 percent in April before settling into the teens. For some people, this has meant shoring up their emergency fund; for others, it has involved allocating money between short-term and long-term savings accounts.

Short-term goals include saving for down payments on big-ticket items such as homes, to take advantage of historically low-interest rates, as well as vehicles. At the same time, many are looking toward savings accounts with the potential to grow, such as education accounts and retirement vehicles like IRAs and 401(k)s. The tax-advantaged nature of these vehicles helps mitigate volatility, while still encouraging long-term returns designed to keep pace with inflation.

For those who find money to be tight at present, one viable strategy involves creating a plan that increases savings over time. For example, a family may decide to increase their contribution to 401(k) plans by a certain amount each year, until the maximum allowed contribution is met. This type of approach flexibly defines a growth orientation, while ensuring that sufficient cash is at hand to meet immediate needs.

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Part of the ML Management Partners team in New York, Benjamin Leitman works with high net worth clients in Sports and Entertainment to develop optimal tax and insurance strategies. Benjamin Leitman emphasizes financial planning approaches that take into consideration capital markets and the economy, and also reflect individual timelines and objectives.

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Why Hire Professional Bookkeeping Services?

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Why Hire Professional Bookkeeping Services?

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An experienced finance professional with a remarkable career history, Benjamin Leitman serves ML Management Partners, a New York-based business management firm. As a business manager, Benjamin Leitman is responsible for managing financial affairs for clients in the entertainment, sports, and modeling industries, as well as high-net-worth families. Besides providing financial oversight, tax preparation and tax planning, ML Management also performs bookkeeping and bill payment services as a multi- family office.

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The Qualities of an Effective Business Manager

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The Qualities of an Effective Business Manager

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A graduate of Syracuse University, Benjamin Leitman has had close to a decade of experience in the New York business management industry. In his position as business manager at ML Management Partners in New York, Benjamin Leitman has been responsible for working with the finances of numerous high-profile and high-net-worth clients.

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As a business manager with ML Management Partners based in New York, Benjamin Leitman manages the financial affairs of celebrities in sports and entertainment as well as those of high net worth families. One of the services Benjamin Leitman handles for his clients is developing financial plans for the management of their assets.

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As a business manager with ML Management Partners based in New York, Benjamin Leitman manages the financial affairs of celebrities in sports and entertainment as well as those of high net worth families. One of the services Benjamin Leitman handles for his clients is developing financial plans for the management of their assets.

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As a business manager with ML Management Partners based in New York, Benjamin Leitman manages the financial affairs of celebrities in sports and entertainment as well as those of high net worth families. One of the services Benjamin Leitman handles for his clients is developing financial plans for the management of their assets.