Learn More About Custom Reserves
Are you putting your most valuable assets in the hands of the most qualified professionals? As a board member or trustee, you have fiduciary responsibilities which compel you to make decisions that can have profound financial and social impact on you and your neighbors.
To help ensure you have the expert guidance you need to manage your community’s long-term finances most effectively, you should look for professionals with the Reserve Specialist (RS) designation awarded by Community Associations Institute (CAI) and a Professional Reserve Analyst (PRA) designation awarded by the Association of Professional Reserve Analysts (APRA).
By meeting the requirements for experience and education by these two organizations in accordance with National Reserve Study Standards, Custom Reserves provides the knowledge, experience, and integrity to provide your association with expert services.
It takes a qualified professional to ensure the accuracy and precision of such a task. The RS designation is awarded to experienced, qualified reserve providers who, through years of specialized experience, can help ensure that your community association prepares its reserve budget as accurately as possible. RS designees must meet comprehensive requirements, including: preparing at least 30 reserve studies; holding a bachelor’s degree in construction management, architecture or engineering (or equivalent experience and education); and complying with strict rules of conduct outlined by CAI’s Professional Reserve Specialist Code of Ethics.
Our Simple 4 Step Process
What Customers & Professionals Are Saying About Us
I have worked with Paul many times in my field of community association management. Specifically, I have called upon him for preparation of reserve studies to help me to determine the value of the assets for each of my communities. Also included in the reserve study is the estimated useful life, estimated replacement cost and current condition of these assets. With this information I am able to determine what to budget for future capital improvments for my customers. Paul’s expertise can’t be beat!
Cynthia Paul (Montsinger) Morales, LCAM, CMCA, AMS
I have worked with Paul to provide Reserve studies to multiple Associations. His product is excellent, including easy to understand spreadsheets for the Board. Paul’s willingness to attend multiple Board meetings and his ability to expertly answer questions make him stand out in the industry. I highly recommend Custom Reserves and Paul Grifoni.
As a CPA, I suggest having a professional reserve study to all my Association clients. Custom Reserves offers funding plans tailored to any community. Working with Paul in Brevard county has been a pleasure and I am sure he can meet your reserve study needs.
Bernie Mapili Jr.
Custom Reserves offers knowledgeable and responsive services to its clientele and its staff has a clear understanding of Community Association needs for reserve studies and insurance replacement cost valuations. I highly recommend Custom Reserves for their expertise and sound counsel.
When it comes to the detail and knowledge of Reserve Studies, I highly recommend Mr. Paul Grifoni. Community Leaders rely on many different professionals in the industry and Mr. Grifoni is the professional I go to on any matters concerning the complexity of Reserve Studies.
Cherlene Adewunmi CMCA, AMS
Our lastest news
A common mistake in Reserve Plans are leaving out long lived components and not accounting for them …
Using transfer fees for reserve funding can be a risky method of reserving. You can not bank on the …
A Condominium association needs to be on an approved list for an individual to obtain a Federal …