Amrein Financial was started in 2004 by Fred Amrein, after a successful corporate career in finance and IT for a Fortune 500 company. He wanted to return to his entrepreneurial roots, as he grew up in a family business. With an MBA in Finance and corporate financial analysis experience, he felt this knowledge could be applied to personal finance specifically college funding and student loan repayment. The timing was perfect as he had 3 daughters about to enter college.
As the business grew, Fred specialized more on the student debt issues that families were facing. Gerrie Amrein(Fred’s Wife) joined the business to assist in marketing and operations. Fred continued to enhance numerous financial college funding and student loan repayment models. Both wrote blog articles covering the entire college funding and student loan repayment experience that many students and parents face. This includes a book and various CFP CE courses.
In 2015, they were approached to bring their customized spreadsheet models to the web. These spreadsheets are the foundation of the PayForED Platform which was launched in 2018. At the same time, Amrein Financial evolved and now is an outsourcing service for financial professionals. It now helps financial and college professionals deliver premium college funding and student loan repayment advice to their clients without a major investment of time. Due to the increased complexity, the Amrein Financial outsourcing service provides a niche solution to a growing financial problem that advisor clients are facing.