Because you could accumulate substantial wealth through your medical career, you will be tempted with schemes designed to make you rich by the numbers. In many ways, building wealth is a quiet art.  Physician Advisors Wealth Accumulation Planning helps you artfully prioritize investment options and thoughtfully direct investable dollars toward the most appropriate investments and amounts for your individual financial situation.

 

We study your resources and goals, and help you nurture a personal discipline for investing. This approach works to assure that you are diversified in the right ways and helps avoid unnecessary risks.* You can use the plan we develop throughout your career to make sure you are on the right track and sidestep investment schemes that could destroy your wealth.

 

In addition to developing a solid wealth accumulation plan for you and your family, particular attention is given towards avoiding all forms of taxation. Ready for the next step? Contact us for guidance on the selection of specific investments through the Physician Advisors Investment Management Services. 

*Diversification cannot assure a profit or guarantee against a loss.

Most practices implement some form of retirement plan for their employees. Whether it is a cash balance, pension, profit sharing or 401(k) plan, it is important to keep your plan current by reviewing trends in fiduciary compliance, investment selection, plan administration and tax reporting. Retirement plan providers have become increasingly competitive and now offer a variety of packaged programs that can provide substantial savings to both employer and employee.

 

The Physician Advisors Retirement Plan Analysis reviews all plans you currently offer. Then, we introduce you to strategies you might not be using that could garner additional opportunities to defer income and build wealth.

 

The federal government has stepped up auditing of retirement plans and is assessing significant penalties upon companies that do not follow the letter of the law in carrying out their fiduciary responsibilities. The Physician Advisors Retirement Plan Analysis reviews your current plans and provides an objective analysis of procedures, investment options, employee communication and education, administration fees and service to assure your compliance with federal laws regarding your fiduciary responsibility. Contact us for more information. 

 

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

Good debt vs. bad debt--is there such a thing? The answer is ‘Yes’. Good debt provides leverage to grow your net worth. Bad debt, such as credit cards and high interest notes, can destroy your cash flow. Debt can be a powerful tool for launching your career, but it is critical to have the right information at your disposal to manage debt properly.

 

If your personal management of debt is not satisfactory and the debt gets out of control, a financial catastrophe can occur that takes years or decades to overcome. Allow Physician Advisors to help you properly manage your debt so you can eliminate its hold over your financial future and build wealth as soon as possible. Contact Us

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

One of the largest expenses of a family today is the cost of higher education.  Planning ahead can save a great deal of financial pain later.  The Physician Advisors College Funding Analysis helps you properly forecast future college expenses so you know today what you need to be investing to cover future college bills. 

 

In addition to forecasting expenses, we also inform you of investment options for college based on current incentives allowed by law.  Today, a variety of vehicles can be used to save for college, including 529 Plans, Educational IRAs, Pre-Paid Tuition plans and UTMA accounts.  

 

Laws and college funding options may change in the future and we'll stay on top of it so you don't have to. Contact Us

 

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

Compliance with tax law is a must for every medical professional. Some tax issues are very basic--for example, determining what your withholding should be so Uncle Sam doesn’t get an interest-free loan from you. Other tax needs, such as comprehensive tax planning, are more complex and time-consuming.

 

Physician Advisors’ advisory partners offer professional assistance every step of the way with services specially designed for the medical professional, including tax return preparation, employee benefits consulting and management reports. Let us give you the tools you need to stay on top of your tax and accounting needs. Contact Us

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

 

Physician tax planning is provided by referral to qualified physician tax professionals outside of Physician Advisors. Any tax advice provided by representatives of Physician Advisors is of a general nature and is soley incidental to our business as financial represenatives and advisors.