Category: BlogPost
You Must Unlearn What You Have Learned
What’s Taught: Pick winning Stocks Find superior money managers Time Markets Financial Press What Matters: Reduce Expenses Diversify portfolios Minimize Taxes Discipline
Read moreHow a tax-focused financial advisor can help small business owners
A tax-focused financial advisor has the experience and expertise to help you make the most of your initial capital investment into the business. They can help you assess the viability of your business model and outline strategies and timelines for your path to profitability. Here are some of the ways a financial advisor can ensure, accelerate, […]
Read moreWhy Healthcare Professionals Shouldn’t Buy Insurance Without a Financial Plan
Within the financial service industry, there is no higher form of achievement than sales to medical practitioners during and after their years in residency. The insurance and financial industry have understood for years that graduates from medical school, regardless of their chosen field of expertise, have a potential for significant income over their lifetime. The […]
Read moreHow Tax Planning Changes Through Four Stages of Retirement
Your tax exposure will change throughout four stages of retirement, you’ll need a strategy that anticipates both traditional taxes AND possible taxes, surcharges, and penalties related to Social Security, Medicare, and other income sources. That means you’ll need an informed and proactive plan that addresses how you create your income in retirement. My goal is […]
Read moreTop 10 reasons to Hire a Certified Financial Planner for Medical Professionals…
1. MED SCHOOLS DON’T TEACH DOCTORS ABOUT PERSONAL FINANCE. Doctors are pretty much forced to learn financial planning and investing the hard way since there’s no other way to develop the skills and experience to feel confident when managing their personal finances. A good financial planner, particularly one who likes to educate their clients, can […]
Read more3 Financial Rules for Physicians and High-Income Professionals
INTELLIGENT HIGH-INCOME PROFESSIONALS TEND TO MAKE THE SAME MISTAKES WHEN IT COMES TO MAKING A DECISION ABOUT THEIR FINANCES. Here are 3 rules that all physicians can live by in order to make sure they avoid these mistakes and reach financial independence. Rule # 1 Focus on Saving a 20% Percent of Your Income If […]
Read moreMedical School Loans = Good Business Loans
Many recent medical school graduates seem to be embarrassed about their student loans. As I talk with these individuals you can see in their body language that they feel taking on approximately $200,000 in debt to get a medical degree might have been an imprudent financial decision. In contrast, I invite you to think of […]
Read moreWHY Fee-Only Financial Planning
You don’t need to be a millionaire to benefit from broad-based financial planning. Whether your net-worth is thousands or millions of dollars, you are entitled to help from a financial advisor who has met the highest standards of education, training and competency. Ordinary people like your neighbors, family and friends have turned to professionals for […]
Read moreWhat is Fee-Only Financial Planning?
The way in which your financial planner is compensated can make all the difference in the recommendations they make for you. That’s because some advisors work under a standard that requires only that their recommendations be suitable to your particular situation. Other planners work under a fiduciary standard that requires advisors to consider what is in their client’s […]
Read moreWhy to hire a fiduciary financial advisor
If you’re in the market for a financial advisor, you might come across people with titles as confusing as “chartered college planning specialist” or “retirement management analyst.” After all, financial advisors depend on convincing clients of their reputation. As a result, there are over 50 different job titles to describe people who specialize in financial […]
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