Getting your physician contract reviewed by an expert in physician employment agreements is the best way to protect yourself. Since 50% of new physicians leave their employer in the first three years and 60% in the first five years, what your physician contract says about terminating the physician contract can dictate what your experience will be when you leave.*

 

For example, you might be offered a signing bonus, guaranteed income for a defined period, a loan forgiveness plan, pension plans and/or retirement contributions and profit shaing plans, all of which are valuable options. But, if you voluntarily terminate a physician contract early or you get terminated, the unearned amount may get triggered forcing you to write a check for $20,000, $50,000 or more.

Contact us today to find out how we can assist you and get access to our network of physician contract experts. Contact Us

For other resources, go to physician contract review and negotiation.

The information provided by Physician Advisors, LLC is not legal advice, but rather is intended to provide guidance for physicians in reviewing the compensation and benefits provided in their contracts. Legal services are provided by referrals to independent law firms.

*2008 Physician Retention Survey by Cejka Search and American Medical Group Association

When it comes to student loans, it may seem as though lenders have decided intentionally to make your life difficult! As the recipient of a loan, you will experience a number of frustrating and confusing issues.

 

For example, lenders may change requirements, program offerings and paperwork regularly.  You might find you have to deal with more than one agency per loan, change consolidation options or scrutinize lender’s accounting methods to make sure your payments are being recorded correctly.  It all adds up to multiple steps that consume your already scarce personal time. 

 

Physician Advisors has designed a custom process to guide medical students like you through each of these steps -- even implementing the steps so you don't have to. Let Physician Advisors take this burden off of your shoulders. Contact Us

For other resources, go to physician contract review and negotiation.

It's tempting to think, "It will never happen to me." However, a physician disability is a possibility for everyone. Planning ahead for a physician disability will help protect your family's income and assure that all the years you've spent in school are not wasted.

 

Physician Advisors uses a comprehensive method of analyzing your current finances to properly plan for income replacement, taxes and inflation. Our process will help you and your family survive and thrive through the challenge of a physician disability.  Because we are an independent advisory firm, we provide recommendations from many top insurance companies in the country without obligations to any one specific company. Don't let a fear of a physician disability keep you from planning ahead.

If you'd like us to research the options for you, go to: Physician Disability Insurance Quote Request Form 

 

Thinking about the possibility of your death may seem farfetched for a medical student, and it's not always an easy subject to talk about.  However, because you are a medical student with great financial potential, there is much at stake.  If you die, your family will be left with significant debt and a loss of the income you are all counting on from your practice to pay off those debts and provide living expenses. 

 

Physician Advisors can thoroughly analyze liabilities and obligations as well as the income needs of your family. We can provide the counsel you need to make a good decision with regard to life insurance and other income-protecting products. Because Physician Advisors, LLC is an independent advisory firm, we provide recommendations from all top insurance companies in the country without obligations to specific companies. 

If you'd like us to research the options for you, go to: Physician Life Insurance Quote Request Form

For other resources, go to physician contract review and negotiation.

Effective cash flow management begins with the creation and maintenance of a budget. It’s one of the first steps to reaching financial success. It's impossible to effectively determine how much to save without clearly understanding the ongoing after-tax cash flows affecting your bank balance and how much you are spending.

 

Physician Advisors will create a cash flow management system for you that helps manage every facet of your income and expenses, which is much more effective than a simple budget with broad categories. Put the Physician Advisors process in place today so you can enjoy the confidence of knowing you are managing your finances well on a path toward success. Contact Us

For other resources, go to physician contract review and negotiation.

 

After we develop a Physician Wealth Accumulation Plan for you, we then turn our attention to Physician Investment and Financial Planning Services. Our team includes advisors with Chartered Financial Consultant and Certified Financial Planner™ designations who have extensive experience in investment and financial planning.

 

We explore every appropriate investment for each investment account you selected in your Physician Wealth Accumulation Plan. Your retirement plan, for example, might have different investments than the liquid account you use for investment opportunities. If we've determined that tax minimization is your main goal, one portfolio might focus on tax-deferral strategies, while another emphasizes tax-free income strategies.

 

Physician Advisors offers Investment and Financial Planning Services through its relationship with Registered Investment Advisor, Nabity Business Advisors. We study each position in your current portfolio, then develop a plan that incorporates your risk and return expectations. Through our relationship with ValMark Secuities, Inc., we only recommend investments based on your investment objectives for you and your family. We recommend investments that demonstrate low expenses and a history of strong performance. Are you ready to get started? Contact Us

For other resources, go to physician contract review and negotiation.