Physicians are faced with their own unique challenges to securing comprehensive wealth management services. Their generally high income and potentially high debt loads make them prime candidates for insurance, which is necessary, but can also put them in contact with salespersons that are not held to a fiduciary standard of care and may not have the proper incentives to seek out all of the necessary products and services appropriate for the complex, and often competing needs of these clients.
Conversely, many financial advisers fail to adequately consider the liability exposures faced by physicians when recommending specific savings and investment vehicles or introducing appropriate legal counsel to the wealth management relationship.
In contrast, our process is specifically designed to ensure we address all aspects of the wealth management relationship, without relying on commissions or referral fees from product vendors or third party advisers. Our services are comprehensive and delivered as a fiduciary on a fee-only basis, so our interests stay firmly aligned with those of our clients. We expect to be retained for life, so we have every incentive to ensure our clients are adequately protected from every angle including legal, professional and financial risks to ensure we continue to work together for many years to come.
From residency to retirement, our process is designed to address all of the following needs of our physician clients and more:
- Asset Protection
- Estate Planning
- Professional Liability
- Investment Management
- Group Benefits
- Individual Life and Disability Insurance
- College Savings
- Income Tax Projection
- Charitable Giving
- Employment Agreements
- Retirement Savings Plans
- Health Care Planning and Insurance