The specialized needs of healthcare professionals

If you are a physician with a practice, you have needs similar to business owners, but with a particular emphasis on risk management. You may have a small group of employees, so your retirement plan options for the business are more limited.

Your requirements may include protecting assets from liability risk, tax planning, mitigating the effects of healthcare cutbacks, managing education debt, independent contractor issues and, finally, preserving your wealth for retirement.

Our team of financial professionals is experienced in managing the financial issues that impact physicians and other healthcare professionals. By collaborating with your tax, legal and insurance professionals, we can create family limited partnerships or asset-protection trusts, and help you find umbrella insurance coverage and solutions for dealing with managed care reimbursement cutbacks and rising practice expenses.

We are also experienced in serving physicians who are in the later stages of their careers and are looking to address the many questions and concerns that the transition to retirement raises, such as selling their practice and efficiently transferring their wealth to their personal accounts.

We will work to help you maintain your accustomed lifestyle, generate income with minimal tax consequences, preserve your wealth from unexpected events, and provide for your family – all designed to leave you time to enjoy your well-earned lifestyle.