TEAM Risk Management Strategies
TEAM Risk Management Strategies provides outsourced payroll and HR services as a W-2 Employer of Record for household employees. It serves fiduciaries, trust companies, banks, and family offices, managing payroll, taxes, insurance, and compliance for nannies, caregivers, and domestic staff across the U.S.
- Company typePrivate
- Founded2003
- HeadquartersSan Diego, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What TEAM Risk Management Strategies does
TEAM Risk Management Strategies, LLC is a privately held California LLC founded in 2003 and headquartered in San Diego. The company operates as a W-2 Employer of Record purpose-built for household employment, managing payroll processing, tax withholding and filing, benefits administration, workers' compensation, general liability, employment practices liability insurance (EPLI), and HR compliance for nannies, caregivers, housekeepers, and personal assistants. Its core technology is the EOR infrastructure itself, which spans all 50 states including city and county-level employment ordinances, supported by a 99.9% payroll processing accuracy rate and a dedicated multilingual service team. The company explicitly differentiates itself as the only solution purpose-built exclusively for household employment, positioning compliance and employer-liability assumption as central value drivers rather than payroll software alone.
TEAM serves two distinct customer segments through separate product lines. The Trust-Paid Employees Service targets fiduciaries, trust companies, banks, and financial advisors whose clients employ household service providers paid from trust or guardianship accounts; the Private Family Services line targets family offices and affluent families with domestic staff. The GTM motion is B2B2C-led: TEAM builds enterprise partnerships with banks, trust companies, and family offices (450+ financial institution relationships, including logos such as Northern Trust, Truist, City National, Cadence, Wells Fargo, and Comerica), which then refer their client families. Revenue is generated through recurring subscription-style fees tied to payroll volume and scope of services, with multi-year contracts typical on the institutional side. The company reports managing 6,500+ household employees across 4,000+ families, supported by 51-100 internal employees.
The business is bootstrapped with no disclosed funding rounds, no parent company, and no identifiable PE/VC sponsorship, suggesting founder/management ownership. Strategic emphasis is on niche dominance through regulatory expertise and switching costs rather than technology disruption or scale plays; no AI/ML capabilities, APIs, or platform extensions are described. Recent positioning has focused on content marketing (educational blog, webinars led by Chief Customer Officer Cheryl Severson), case-study publishing, and conference presence at events like the Heckerling Institute on Estate Planning to deepen institutional referral channels.
TEAM Risk Management Strategies firmographics
Firmographics- Name
- TEAM Risk Management Strategies
- Legal name
- TEAM Risk Management Strategies, LLC
- Website
- https://teamemployer.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- TEAM Risk Management Strategies provides outsourced payroll and HR services as a W-2 Employer of Record for household employees. It serves fiduciaries, trust companies, banks, and family offices, managing payroll, taxes, insurance, and compliance for nannies, caregivers, and domestic staff across the U.S.
- Ownership category
- akta.pro rank
TEAM Risk Management Strategies industry classification
Industry- Product category
- Outsourced Household Employment Services
- NAICS
- Professional Employer Organizations (561330), Professional Employer Organizations (56133), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Services-Employment Agencies (7361), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Co-Employment Risk Management & Insurance (Workers’ Comp, Liability) (BPACAGAH)
- akta.pro secondary industries
- HR Policy, Governance, Compliance & Risk Advisory (BPACAJAF), Managed Workers’ Compensation (Loss Control, Claims & Return-to-Work Programs) (FSAJAEAH)
Keywords
Where TEAM Risk Management Strategies is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TEAM Risk Management Strategies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Outsourced Payroll & HR Services: TEAM charges fees for comprehensive payroll processing, tax preparation/filing, HR administration, and employment compliance management for household employees. Revenue is generated through service fees typically structured as a percentage of payroll or flat monthly fees. The Employer of Record model provides recurring revenue as employment relationships continue over time.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise services for financial institutions with 350+ service providers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
TEAM Risk Management Strategies product offering
Product offeringCore offering
TEAM Risk Management Strategies acts as the W-2 Employer of Record for household employees (nannies, caregivers, housekeepers, personal assistants), handling payroll processing, tax withholding and quarterly/annual filings, HR administration, workers' compensation and liability insurance, benefits administration, and employment compliance for trust-paid and private household staff. The firm serves both fiduciary institutions that pay caregivers from trust accounts and family offices/affluent families employing domestic staff across all 50 states.
Product overview
TEAM Risk Management Strategies offers an integrated suite of outsourced payroll and human resources services specifically designed for household employment. The core offering consists of two service lines: Trust-Paid Employees Service for fiduciaries and trust companies, and Private Family Services for family offices and private households. These are supported by five operational modules—Payroll & Tax Management, Employment Risk Protection, HR Guidance and Expertise, Dedicated Service Team, and Benefits Administration—that together provide end-to-end employment administration, tax compliance, insurance coverage, and HR support for household staff such as nannies, caregivers, housekeepers, and personal assistants. The company acts as the W-2 employer of record, allowing clients to select and manage their household employees while outsourcing all administrative burden and employer liability.
Differentiator
Problem solved
Functional benefit
Brands
- Trust-Paid Employees: Service for fiduciaries whose clients pay service providers from a trust
- Private Family Services
Products and services
- Trust-Paid Employees Service
Companies that use TEAM Risk Management Strategies
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
TEAM Risk Management Strategies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
TEAM Risk Management Strategies partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Northern TrustcoreNorthern Trust partnered with TEAM to transfer employment of 350+ guardianship caregivers to TEAM as W-2 employer of record. This partnership began in 2015 after Northern Trust's National Practice Leader for Trust Services recognized compliance risks in managing household employees paid from trust accounts. TEAM handles payroll processing, HR support, benefits (including 401k), and ongoing employment compliance, allowing Northern Trust's trust officers to focus on fiduciary responsibilities.
Scale indicators6 records
Recent moves5 records
Expansion highlights4 records
TEAM Risk Management Strategies competitors and assessment
Company assessmentDirect peers
- Care.com HomePay: Care.com HomePay (acquired from Breedlove) provides household payroll tax, HR, and insurance services to families employing nannies, caregivers, and senior care providers. Directly comparable to TEAM's Private Family Services offering in W-2 household payroll and tax administration.
- GTM Payroll Services: GTM Payroll Services specializes in household payroll and employment tax services for families employing nannies, housekeepers, and other domestic staff. Direct competitor to TEAM in the niche household employment payroll and HR market.
- SurePayroll: SurePayroll, now owned by Paychex, offers online payroll specifically designed for small businesses and households. Directly comparable small/micro payroll processing for household employers.
- Poppins Payroll: Poppins Payroll is a household employment payroll and HR service focused on nanny and domestic employer tax compliance. Direct niche competitor handling W-2 employment for household staff.
- HomeWork Solutions: HomeWork Solutions provides household employer payroll tax preparation, HR, and workers' compensation services for families employing nannies, housekeepers, and caregivers. Direct competitor in household employment compliance and payroll.
Broad incumbents
- ADP TotalSource: ADP TotalSource is one of the largest US PEOs providing co-employment, payroll, benefits, and HR services to small and mid-market businesses. Represents the broad incumbent threat that could leverage scale to enter the household employment niche.
- Insperity: Insperity is a large US PEO offering workforce solutions including payroll, benefits, and HR outsourcing to SMBs. A broad incumbent whose scale and HR technology could be repurposed to serve the household employment market.
- Justworks: Justworks is a tech-enabled PEO providing payroll, benefits, compliance, and HR support to small and mid-sized businesses. Broad incumbent with modern platform that could enter the household employment vertical.
- Paychex PEO: Paychex is a major payroll and HR solutions provider with a PEO offering that bundles employment administration, benefits, and compliance for SMBs. Broad incumbent with household payroll exposure through SurePayroll.
Emerging players
- Deel: Deel is a global Employer of Record and contractor management platform primarily focused on international hiring. While focused on cross-border employment, its EOR capabilities and capital base make it an emerging adjacent threat in domestic household employment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TEAM Risk Management Strategies social profiles
Digital presenceTEAM Risk Management Strategies financial estimates
Financial estimateRevenue estimate
Valuation estimate
TEAM Risk Management Strategies leadership team
Management profileNumber of profiles
Profiles2 records
TEAM Risk Management Strategies funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TEAM Risk Management Strategies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TEAM Risk Management Strategies
What does TEAM Risk Management Strategies do?
TEAM Risk Management Strategies acts as the W-2 Employer of Record for household employees (nannies, caregivers, housekeepers, personal assistants), handling payroll processing, tax withholding and quarterly/annual filings, HR administration, workers' compensation and liability insurance, benefits administration, and employment compliance for trust-paid and private household staff. The firm serves both fiduciary institutions that pay caregivers from trust accounts and family offices/affluent families employing domestic staff across all 50 states.
Is TEAM Risk Management Strategies a public or private company?
TEAM Risk Management Strategies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TEAM Risk Management Strategies founded?
TEAM Risk Management Strategies was founded in 2003. It employs 51 to 100 people.
Where is TEAM Risk Management Strategies based?
TEAM Risk Management Strategies is headquartered in San Diego, United States, in the North America region.
How does TEAM Risk Management Strategies make money?
One revenue line is on record: outsourced Payroll & HR Services.
Who are TEAM Risk Management Strategies's main competitors?
Direct peers on record are Care.com HomePay, GTM Payroll Services, SurePayroll, Poppins Payroll and HomeWork Solutions. Broad incumbents are ADP TotalSource, Insperity, Justworks and Paychex PEO. Deel is listed as an emerging player.
Does TEAM Risk Management Strategies have an API?
No public API is recorded for TEAM Risk Management Strategies.
What industry is TEAM Risk Management Strategies in?
TEAM Risk Management Strategies's product category is Outsourced Household Employment Services. Its primary akta.pro industry code is BPACAGAH, Co-Employment Risk Management & Insurance (Workers’ Comp, Liability), with a secondary code of BPACAJAF, HR Policy, Governance, Compliance & Risk Advisory. Its NAICS code is 561330 and its SIC code is 7361.