Breakwater Accounting & Advisory Launches Dedicated Private Client Segment
Wilmington, Delaware – November 11, 2025 – Breakwater Accounting & Advisory is excited to announce the official launch of its Private Client Segment, a specialized division designed to serve high-net-worth individuals, family offices, and closely held entities with a tailored, confidential, and comprehensive approach to financial management.
While Breakwater has long supported private clients, this formal segment reflects the firm’s continued growth and deepening focus on helping individuals and families simplify the financial complexities that accompany success.
“You’ve worked hard to achieve your wealth,” said Lee Podolsky, CEO of Breakwater Accounting & Advisory. “Our Private Client Segment gives you the freedom to focus on what matters most—your family, your time, your goals—while we handle the details with discretion, accuracy, and care.”
The new segment is led by Leslie Hurm, who brings more than a decade of experience in financial management, relationship advisory, and high-net-worth client services. Before joining Breakwater, Leslie held senior roles at Wilmington Trust, where she managed ultra-high-net-worth client relationships and led teams within the Emerald Advisory Group. Her background in accounting, entity management, and estate coordination positions her to guide clients through every financial layer of their personal and family portfolios with clarity and precision.
Private Client Services Include:
- Private Client Bookkeeping: Bill payment and expense tracking for one or several residences, payroll for household employees, reconciliations, and cash-flow oversight.
- Customized Reporting: Personalized views such as property-level expenses, consolidated financials, and dashboards tailored to family and advisor needs.
- Coordination & Compliance: Liaison with tax preparers, attorneys, investment advisors, real estate agents, and household staff; support for LLC formation, registered agent services, and state filings.
- Financial Clarity: Cash flow planning, expense management, and reporting to support estate, investment, and retirement decisions—all within a framework of complete privacy and security.
This new offering rounds out Breakwater’s expertise across all client types business, nonprofit, and now private reflecting the firm’s unique ability to manage multi-entity structures and consolidated reporting with precision. Whether a client’s world includes operating companies, philanthropic foundations, or family investment entities, Breakwater’s integrated approach ensures alignment, accuracy, and insight across every financial layer.
“Our goal is to make the financial side of life feel effortless,” said Leslie Hurm, Segment Leader, Private Client. “We handle the details so families can focus on living the life they’ve built, with confidence that their financial world is organized and in order.”
The launch of this segment underscores Breakwater’s mission to find solutions and deliver value—helping clients achieve clarity and confidence across every dimension of their financial life.
Contact
Leslie Hurm
Segment Leader, Private Client
📧 [email protected]
🌐https://www.breakwatercorp.com/private-client/
Frequently Asked Questions
A Private Client Segment is a specialized service division within an accounting or advisory firm designed to support high-net-worth individuals, family offices, and closely held entities. It provides personalized financial management services such as bookkeeping, financial reporting, tax coordination, and multi-entity oversight.
Private client services are ideal for high-net-worth individuals, entrepreneurs, family offices, and families with complex financial structures. These clients often manage multiple properties, investment entities, trusts, or businesses and require consolidated financial oversight.
Private client financial management typically includes:
Household and entity bookkeeping
Bill pay and expense tracking
Payroll management for household employees
Consolidated financial reporting
Cash-flow monitoring
Coordination with tax advisors, attorneys, and investment managers
These services help simplify complex financial environments.
Private client services help families maintain financial clarity, organization, and compliance. By managing reporting, tracking expenses across entities, and coordinating with professional advisors, families gain a clear understanding of their financial position and long-term planning options.
Traditional accounting focuses primarily on business financial records and tax preparation, while private client accounting provides holistic financial oversight for individuals and families. This may include personal bookkeeping, entity management, consolidated reporting, and financial coordination across investments and properties.
High-net-worth individuals often manage multiple income streams, investment accounts, properties, and business interests. Customized financial reporting provides a consolidated view of finances, helping families make informed decisions related to investments, estate planning, and long-term wealth management.
Private client advisors often act as a central coordination point between accountants, tax preparers, estate attorneys, investment advisors, and other professionals. This collaborative approach ensures that financial decisions remain aligned across all aspects of a client’s financial life.
Consolidated reporting allows clients to view all entities, investments, and expenses in one place. This simplifies financial oversight and helps families track performance, manage liquidity, and make strategic decisions with confidence.
Breakwater provides personalized bookkeeping, financial reporting, compliance coordination, and cash-flow oversight for private clients. Their approach focuses on simplifying financial complexity so individuals and families can focus on their personal priorities and long-term goals.
Private client advisors help organize financial information across LLCs, trusts, operating companies, and personal accounts, ensuring accurate reporting and compliance while providing clear insights into overall financial health.