Travis Guterman is a business manager for celebrities and high-net-worth individuals. His clients include entertainers, professional athletes, writers, directors, showrunners, and even YouTubers and TikTokers. As a business manager, his primary responsibility is to manage his clients’ livelihoods.
His role is distinguished from that of a traditional accountant because Travis oversees his clients’ daily finances. Travis performs numerous services for his clients, from setting up corporate entities to handling their purchases. Travis also helps his clients with taxes, insurance, and investments; he believes these three areas deserve extra attention because, when managed well, they lead to financial stability.
As Travis points out, paying taxes is a civic duty, and it is also a requirement of the law. To prevent this from happening, numerous celebrities and business owners go to Travis for help.
The most challenging aspect of taxes is staying up to date with tax law changes. As a business manager, Guterman communicates complex business and tax concepts in an understandable way to his clients.
In addition to handling taxes, Travis also guides his clients into securing proper insurance. “Everybody fears a sudden loss. Insurance can help you easily overcome any unexpected downfalls in your life,” Travis says. “Insurance provides financial support and reduces uncertainties in your personal and business life.”
Choosing the proper insurance is not an easy task. There are at least seven insurance types, including general insurance, life insurance, property insurance, liability insurance, and several others. Travis helps his clients find trusted insurance companies and insurance packages to provide additional security in their personal and business lives.
Last, Guterman helps his clients make wise investments. “There are so many investment opportunities that seem great in the beginning, but more often than not, what seemed to be a great opportunity turns out to be a waste of money,” Guterman says. As a business manager, he analyzes current market trends and estimates an investment’s potential return. He aims to help his clients gain an additional source of income that is secure and reliable.
Travis takes a holistic approach to addressing his clients’ needs and working with them to achieve their short-term and long-term money goals.
“I aim to create a stable financial environment for my clients so that they can focus on doing what they do best — creating.”
