Through our financial services affiliate, FirstService Financial, Inc., we offer quality financial services to your community. FirstService Financial designs and administers competitively priced banking and insurance programs exclusively for clients of FirstService Residential.
Since 2003, FirstService Financial has executed more than $1 billion in financing transactions, and has developed an algorithm to provide underwriting for every FirstService Residential-managed community.
By leveraging its client portfolio, FirstService Financial can negotiate optimal pricing with quality vendors and provide significant cost savings to our clients each year.
The company's Cash Management team will tailor short- and long-term strategies for your needs. These are designed to replace lower-rate funding accounts (brokerage-based money market accounts, sweeps, etc.), reduce ongoing security and tracking burdens, improve asset liquidity and maximize interest revenue. Additionally, FirstService Financial uses leading-edge technology to handle its high volume of monthly transactions for further client savings.
While it is not a requirement for you to utilize FirstService Financial's services, we have found that many of our associations have chosen to do so due to their high quality and added value.
FirstService Financial's financial services include:
In addition, FirstService Financial affiliate FS Insurance can provide FirstService Residential clients with the broadest and most cost-effective risk coverage insurance products in the market. These programs provide stability and pricing by AM Best "A-rated" insurers.
Additionally, the company's proprietary insurance products (created by accessing over 20 years of historical data) demonstrate to carriers that FirstService Residential clients enjoy loss experiences significantly below market. This results in significantly added value for our clients.
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