teleCalm and Guide Change Collaboration Reduces Senior Financial Risk

teleCalm’s Safe Phone Service and Guide Change’s Account Monitoring Together Make a Powerful Ally Against Senior Fraud

Allen, TX, August 30, 2019 – Senior Health Tech and telecom solutions provider teleCalm announces a new collaboration with senior financial risk analysis company Guide Change. This joint effort will bring together two leaders who share a common mission to protect seniors from financial fraud and abuse.

teleCalm and Guide Change will cross-market service offerings through awareness campaigns aimed to offer additional benefit to customers in a shared demographic. Both companies are finalists in the 2019 MassChallenge Texas global business accelerator program.

Seniors lose $36.5 billion each year to elder financial abuse, according to True Link Financial. Almost half of those loses come “from deceptive but technically legal tactics designed specifically to take advantage of older Americans.”

teleCalm stops problem calls, helping seniors retain their independence and stay safely connected with family and friends. teleCalm’s service filters out scam and telemarketer calls for independent seniors, before they even have a chance to bother the senior by ringing their phone.

For families living with Alzheimer’s and other dementias, teleCalm solves problems commonly faced by caregivers – by eliminating stressful phone-related issues such as late-night calls, repeated calls and inappropriate 911 calls.

“Both of our companies share the goal of protecting seniors while providing peace of mind to their families,” says Tavis Schriefer, teleCalm’s Co-Founder and CEO, “Individually we make a measurable difference in families’ lives, and working together we provide an exponential benefit.”

teleCalm service is currently being used in private residences and over 100 senior living residences throughout the US. Watch teleCalm’s 1-minute video at bit.ly/telecalm.

With over 40 years of experience assisting older adults, Guide Change experts use data and insights to monitor financial accounts to make sure that spending is in the best interest of the person who owns the money. Guide Change benefits fiduciaries and trusted contacts for older adults who want an extra layer of protection for their money.

“We were excited to learn how teleCalm helps seniors avoid fraud by restricting unwanted phone calls” says Michael Curran, Guide Change’s Co-Founder and CEO, “We look forward to working with teleCalm to serve seniors who will benefit from technology to mitigate the risks of financial exploitation.”

Guide Change is currently working with law firms and other professionals who provide estate planning and similar asset protection services. For more information, visit GuideChange.com.

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About teleCalm:
teleCalm provides a safe, managed phone service for seniors living at home and in senior living communities. For over 8 million seniors living with Alzheimer’s and dementia, teleCalm’s patented service can be life-changing by keeping them connected to family and friends while protecting them from deliberate and targeted fraud. teleCalm further empowers the family caregiver to stop late-night & repeat calls, problem 911 calls, and more. Learn more at teleCalmProtects.com.

About Guide Change:
Guide Change offers seniors and families a better way to keep their money safe. With years of experience protecting older adults, Guide Change developed its platform to monitor financial transactions to make sure that money is spent in the best interest of the person who owns the account. The Guide Change platform is used by fiduciaries and trusted advisors who seek to mitigate risks for clients including older adults. Learn more at GuideChange.com

Source: https://www.truelinkfinancial.com/true-link-report-on-elder-financial-abuse-012815