Services for Physicians

What is important to you? What are you looking forward to, whether next month, next year, or 10 years from now? We take the time to learn what makes you tick in order to identify and understand your goals. We then provide personalized financial planning tailored to your specific objectives, income, risk tolerance, values, and family situation. During our financial planning process, we work with you to evaluate and explore available options that may be beneficial to you, establish effective strategies, and construct and execute a plan. After this, we continue to work with you to assess the performance of the plan on an ongoing basis, and make adjustments as needed.

^*Services offered through Joel's affiliation with Eagle Strategies LLC, a Registered Investment Adviser.

What are your hopes and goals for the future? Do you aim to travel or spend more time with your family and friends? Or, do you hope to be more involved in charitable causes and volunteer work? We will work with you to map out a strategy for achieving your goals. Our comprehensive approach is designed to assess the myriad of options available and help you to implement an optimal accumulation or retirement income strategy. We do this by leveraging investment programs ranging from separately managed portfolios of stocks and bonds to mutual funds, to third-party wealth management programs, and, when appropriate, insurance solutions. We then monitor your plan on a continual basis, and adjust as your needs change and evolve. Our process provides consistency with your strategy and helps ensure your investments are managed according to your goals, risk tolerances and time horizon.

What is your view about risk? Managing your investments requires that we have not only a clear understanding of your overall objectives, but also your thoughts regarding risk. To help you meet your goals, we draw upon our comprehensive investment advisory capabilities to develop a disciplined investment approach that looks beyond a traditional asset allocation strategy. This comprehensive approach allows us to incorporate important factors into your investment management strategy, such as: your comfort level with risk, your desired scope of diversification, your preferences regarding socially-responsible investing, and your investment time horizon.

^*Services offered through Joel's affiliation with Eagle Strategies LLC, a Registered Investment Adviser.

We offer a consistent process to help ensure clients are able to meet their goals and have a clear path forward. We work with our clients to assess cash flow needs and desired spending so they have a clear picture of their financial situation.  Then, we work with them to design and implement a comprehensive income strategy to meet their objectives.

Have you ever known a medical professional who was involved in a lawsuit? Unexpected and life-changing events, such as lawsuits and liability claims, can happen at any given moment, and they may severely impact your financial security and assets you have worked hard to accumulate and build. We will work with you to assess the best financial strategies for you that can help you shield your business and personal assets from liabilities as you accumulate assets for the future.

Events impacting your financial security and assets that you have worked hard to accumulate and build can happen at any given moment. Divorce, lawsuits, liability claims, and more pose serious threats to your financial wellbeing. We will work with you to determine if there are strategies which may be able to protect your assets so that, as you accumulate assets for the future, may be able to able to shield your business and personal assets from liabilities or unexpected events, and safeguard what you have built and hope to personally enjoy or to pass to children and grandchildren.

Is insurance coverage important given your specialty and, if so, how much coverage is appropriate? Have you wondered whether your current coverage is sufficient or actually too much? With so many possibilities available today, picking the right insurance coverage can be a complicated and frustrating task. Depending on your situation and the course life takes, having an appropriate insurance strategy can make or break your business, your lifestyle, and even your personal reputation. The right plan can protect you, your assets, and your name in the case of error or liability, whereas the wrong plan can permanently damage your practice.

Our team specializes in insurance planning and can assist you with choosing the correct type of coverage for you and your specialty.

As you look to the future, you should be excited, not worried. As you look back at your education, you should be grateful, not regretful. You would not be where you are today if it were not for hard work and years of education. Unfortunately, though, your education may have left you with a significant amount of debt. We are very familiar with education-related debt management and it is our goal to help you manage that debt in such a way that paying it off becomes not only possible, but also easy. Our process will help meet your objectives so that your career, not your debt, can be the center of your focus.

In healthcare, every employee matters. Benefits ensure your employees are dedicated to staying with your practice. Although a need for income leads candidates to apply, it is the benefits that motivate them to stay. No office can run smoothly without the help of administrative staff, managers, nurses, assistants, and other staff members. This team is what keeps clients satisfied, your schedule full, and office priorities in order. We work with you to help you assess which benefits are best for your practice and how to implement them according to your company goals.

If you are in the early or mid-stages of your career, your most valuable asset is likely the ability to make a living by earning an income. You have invested significant time and money into training yourself and readying for your profession. Because of this, appropriate disability income insurance is critically important for physicians to have in place. In the event that you have an injury, accident, or illness that prevents you from realizing your full earning potential, disability insurance protects the investment you have in yourself by providing a source of income to you if you are unable to work due to an illness or injury.

Our team specializes in working with physicians to review existing disability insurance benefits and to make sure proper coverage is in place.

Individual disability insurance is available through one or more carries not affiliated with New York Life Insurance Company, depending on carrier authorization and product availability in your state or locality.

What is important to you beyond investing? Charitable planning allows you to support the organizations and causes that matter to you, while often providing immediate income streams to you and reducing your tax burden. A number of different charitable giving strategies exist. We can help you design and execute a charitable giving strategy aligned with your personal and philanthropic goals. Since tax considerations are integral to charitable planning, please seek tax advice from your own tax advisors. We will work as a team with you and your tax advisors to implement a charitable plan that is right for you.