Due to their highly pressurized and unique lifestyle, financial planning for physicians should be:
Pragmatic, time-efficient and fiduciary-first
- In the event that a doctor decides to seek assistance from a financial expert, it is crucial for them to demand collaboration with a group that exhibits the same unwavering honesty and dedication they demonstrate towards their patients and profession. This group should consist of a fiduciary financial advisor.
- A fiduciary financial advisor is one legally bound to act ethically and in a client’s best interest above their own
- For over three decades, the CERTIFIED FINANCIAL PLANNER™ certification has served as the benchmark for financial planners’ excellence. CFP® professionals have fulfilled rigorous training and experience criteria, and pledge to uphold the CFP® Board’s ethical standards, which prioritize their clients’ interests. This is why teaming up with a CFP® professional instills confidence in consumers both now and in the future.
- Apart from advocating for a physician’s welfare, a fiduciary financial advisor can also assist in mitigating physician burnout, alleviating stress, and creating more free time by delegating tasks and serving as a physician’s ‘back-office’, carrying out their requests and desires.
- This enables the doctor to allocate additional time to either high-impact tasks or to enjoy well-deserved relaxation or personal/family activities.
*Asset Allocation neither assures a profit nor protects against a loss in a declining
market. Consult your own personal attorney legal or tax counsel for advice on specific
legal and tax matters.
Contact Prolific Solutions to help create and execute your financial roadmap
For more information Contact Prolific Solutions or Visit https://www.prolificny.com/
