Helping Physicians Address Their Unique Needs
As a healthcare professional, you’ll need personal and professional financial guidance as you build and grow your career. You’ve worked hard to care for others. A wealth management professional should understand your unique needs to help protect against liabilities and other risks; preserve your assets from excessive taxes; mitigate the effects of healthcare cutbacks; manage education debt and, finally, pursue financial independence. You also have other priorities to save for – a home, a family, retirement – while facing healthcare reform, rising malpractice premiums and reduced insurance payouts. Your advisor should understand the unique financial issues you face and why it’s more important than ever to make smart financial decisions now to prepare for the future.
A wealth management professional can help by creating a wealth management plan that is designed to address every important aspect of your practice and personal life, including everything from funding your children’s college educations to having an estate plan. By collaborating with your tax and legal advisors, they can create family limited partnerships or asset-protection trusts, secure umbrella insurance coverage, and help you find solutions for dealing with managed care reimbursement cutbacks and rising practice expenses.
You should be able to rely on your Financial Advisor to provide customized guidance to help manage and protect your hard-earned wealth.
Services should Include:
- Risk Management and Insurance
- Cash Flow Analysis
- Debt Management Strategies
- Smart Borrowing Options
- Investment Advice and Education
- Tax Considerations
- Practice Management and Business Planning
- Accelerated Retirement Planning
- Estate, Legacy and Charitable Planning
Banking and lending solutions provided by Raymond James Bank. Raymond James Financial Services, Inc., and Raymond James & Associates, Inc., are affiliated with Raymond James Bank, a Florida-chartered bank.
David is an Accredited Investment Fiduciary® (AIF) and an Accredited Asset Management Specialist (AAMS®) who advises professionals, retirees, families, and other clients on personal financial strategies. His focus is on financial planning and asset management. David has more than 28 years of investment and wealth management experience, and is the author of two books “A Financial Prescription for Doctors and Dentists: Strategies for Achieving Your Personal and Career Goals” (2015) and “Beyond Performance: How Financial Advisors Deliver Added Value to Their Clients” (2018)
Raymond James & Associates, Inc., member New York Stock Exchange/SIP
Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.
