If you are like most residents or early-career physicians, you face many

challenges day in and day out beyond dealing with patient treatments or even death.

You might be having difficulties with work-life balance, dealing with time

pressures, developing specialty skills, long hours at the hospital, relationships with attending physicians, relationships with family, etc.

Thinking about the financial future is probably the last thing on your mind.

There’s a famous Chinese proverb that says:

 “The best time to plant a tree was 20 years ago. The second best time is now.” 

First and foremost, your goal in residency is to become the doctor your patients need and deserve. After working 80 (or more) hours a week, finances probably aren’t the first thing on your mind. However, if you neglect taking care of yourself, your patients and family may pay the price. Your patients need you to be focused and engaged your entire shift. Your family needs you to be present during the precious hours you aren’t at work. The earlier you work towards it, you could feel less financial worries, and the faster your stress and anxiety will dissipate. 

Ideally, you want to start your financial foundation as an Intern/PGY-1. The next best time to start building your foundation is now. We know making a financial plan can be daunting. That’s where we come in. First, let us find clarity by learning and understanding your unique goals, concerns, and priorities. Then, build confidence by allowing us to design your customized, comprehensive plan that is easy to understand and execute in plain English so that you can go back to enjoy life to the fullest by spending time doing what you love.

1. Establish and define the client-advisor Relationship 

  • We get to know you and your family and learn what is important to you
  • All Fees and Costs are completely transparent and you will fully understand them 
  • We will always understand your expectations of us, and you will understand our expectations of you

2. Gather client data 

This is the hardest part for you! We will need all of your relevant financial Documents Including: 

  • Student Loan and other financial statements
  • Employer Benefits Information 
  • Financial and Life Goals with a time frame (Don’t worry, we will help you with this)  

3. Analyze and evaluate the client’s current financial status

 Sit back, relax, and let us do the heavy lifting. We will analyze your total financial situation and prepare reports including: 

  • Student Loan analysis
  • Cash Flow analysis 
  • Tax Analysis
  • Risk Management/Protection needs analysis

4. Develop and present recommendation(s) and/or alternatives

 We write your plan and walk you through the execution. We block off at least one hour for this session so you can ask as many questions as needed, and we ensure you fully understand each recommendation and the purpose behind it. Your comprehensive Financial Plan will include: 

  • Financial Statement Preparation and Analysis, including cash flow analysis, Student Loan optimization Planning, and budgeting; 
  • Insurance Planning and Risk Management
  • Employee Benefits Planning
  • Investment Planning, Management, and Portfolio Design
  • Tax Planning
  • Retirement Planning;  
  • Estate Planning 

5. Implement the financial planning recommendations

 Once you approve the final plan, we will execute your intent and you can get back to doing what matters: Treating your patients, and spending time with your family and the things you love! 

6. Monitor the plan 

 Not only will we implement the plan, but we will also meet with you AT LEAST once every six months to make sure you are on track and make any necessary adjustments. We know you are very busy, so other than reviews we will only contact you when important matters need your direct attention. 

Ready to end your anxiety and focus on your family and patients? Let’s have a cup of coffee and see if we click!


The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.