Recommended Financial Advisors

Recommended Financial AdvisorsThis page provides a list of recommended financial advisors. All of the advisors listed on this page are paid advertisers on the site but have been vetted by myself or WCI, with an application below that you can review. Financial planning and investment management is expensive and you should expect to pay thousands of dollars per year for quality service.

We have only included firms which have the lowest fee structures (i.e. flat fee, hourly rate, or AUM  / equivalent fees well below the industry average) to help lower your costs and help you reach early FI. I could easily charge a higher listing fee to present higher-cost options, but wanted to bring you the best of the best.

While one of our ten recommended financial advisors may not live close to you, all routinely work with clients around the country. Feel free to reach out, regardless of where you call home.

We appreciate hearing feedback on these advertisers, both good and bad. Thank you for supporting those who support this site and our charitable mission.

 

 

WealthKeel

WealthKeel Financial Advisors Application

 

Chad Chubb is a CFP and fiduciary for physicians, dentists, and their families across the United States. He founded WealthKeel LLC to simplify and organize the financial lives of medical professionals by custom-crafting financial plans centered around their goals and values.

WealthKeel crafts simple, actionable financial plans for busy doctors and dentists, like you, who feel overwhelmed by the increasing complexity of the decisions you have to make with your money so you can free up time and energy to focus on your family, your work, and what you love most. Services include financial planning, investment management, and student loan management.

Fees:

One-Time Plan Creation Fee:
  • Delegators (Plan Creation + Ongoing Financial Planning and Investment Management): $1,500
  • Do-It-Yourselfers (Plan Creation Only): $3,000
Ongoing Flat-Fee Financial Planning & Investment Management:
  • Residents & Fellows: $300 per month
  • Attendings: $400 to $1,200 per month
Diagram for WealthKeel’s Flat-Fee Structure. No AUM fees.

Contact Info: 111 South Independence Mall East, Suite 500, Philadelphia, PA 19106 267-590-9533 [email protected]

  Visit WealthKeel

 

Aptus Financial

Aptus Financial Vetting Application

 

At Aptus, we have witnessed the incredible shift to Do-It-Yourself financial planning and investing by the physician community and have built a service to support people on varying points of the DIY continuum. We believe most people can DIY their finances, which not only mitigates fees but also instills a greater sense of control and leads to better decisions and outcomes. Aptus starts with a comprehensive, guided planning process for most clients or a more limited review for experienced, confident DIYers who want to validate their current plan. Aptus has designed hundreds of financial plans for physicians and is well-versed in their unique planning needs, including student loan repayment strategies, cash flow prioritization, and risk management. Once a solid plan is in place, we teach our clients to invest on their own with our ongoing support and guidance. Aptus’s pricing is designed to eliminate conflicts of interest and foster transparent, objective advice from planners who are highly educated, experienced and credentialed. For clients who would like to learn more about Aptus, we conduct free introductory calls.

Fees:

Initial Process

  • Comprehensive Plan – $3,360 plus a recommended minimum of 12 months of AptusCare ongoing planning support and at least the first annual review
  • Enhanced Comprehensive Plan – $4,480 plus a recommended minimum of 12 months of AptusCare ongoing planning support and at least the first annual review
  • Limited Review – $1,680 plus a recommended minimum of 12 months of AptusCare or AptusCare Limited ongoing planning support and at least the first annual review
Ongoing Support

Financial planning is an ongoing process and we do not believe one-time plans are effective. We ask our clients to commit to at least one year of ongoing support and at least the first annual review, and most of our clients stay with us much longer.

  • AptusCare – $187 per month
  • AptusCare Limited – $93 per month
  • Annual Review – $1,120 per year (for existing clients only)

Introductory Call ~15 minutes, free

Contact Info: 2 Van Circle, Suite 4 Little Rock, Arkansas 72207 501.907.1993 [email protected]

Prospective clients should request to interview us by submitting our contact form.

  Visit Aptus Financial

 

Thrive Retirement Specialists

Thrive Retirement Specialists Vetting Application

Thrive Retirement Specialists are retirement planning specialists dedicated to delivering a more thoughtful and strategic approach to retirement planning. They help clients maximize their retirement through four main pillars:

  • Low-Cost Index Investing
  • Dynamic Withdrawal Rules
  • Optimized Asset Usage
  • Tax-Efficient Withdrawal Coordination and Asset Management
After going through their comprehensive 8-Step ThriveRetireTM Planning Process to fine-tune and establish an optimized retirement plan, they continue to meet formally on a semi-annual basis to update the many variables and make small adjustments along the way as needed to avoid having to make any disruptive lifestyle changes suddenly later in retirement. Schedule a friendly, informal call to meet and get your questions answered or contact them here.

Fees:

All-in-one, single flat fee of $2,250 per quarter. No commissions, no referral fees, no % of assets under management fee, and never any complicated sliding scales.

Contact Information:
313-879-2019; 3319 Greenfield #148 Dearborn, MI, 48120; [email protected]

  Visit Thrive Retirement Specialists

 

CMG Financial Consulting

CMG Financial Consulting Vetting Application

 

Clint Gossage CFA, CFP®, CPA, has been married to a Surgical Oncologist for the past 15 years and has experienced first-hand the ups and downs over the journey from undergrad to attending. After helping friends in medical school, residency and fellowship with their finances, he left a high-paying job, managing the investments at a multi-billion dollar family office, to startCMG Financial Consulting. He helps physicians and medical professionals to get out of student loan debt, save money, invest in tax efficient strategies, manage and protect their assets and give them back their most scarce resource…time. Schedule an appointment today.

Fees:

One-Time Services: Student Loan Review – $500

Residents/Fellows: Ongoing Student Loan Support  - $100/month Financial Planning  - $225/month

Financial Planning, Investment Management & Tax:

Early Investors: (Up to $500,000 of Assets Under Management): $450/month

Foundation Builders: ( Up to $1,000,000 of Assets Under Management ): $850/month

Financially Independent> (Over $1,000,000 of Assets Under Management): $1,250/month

Contact Info: 22816 N 79th Pl Scottsdale, AZ 85255 (877) 695-8004 [email protected]

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RFK Capital Management

RFK Capital Management - Application for Financial Advisory Listing

 

RFK Capital Management specializes in one-time, project-based financial planning for DIY investors.

We believe most investors can manage their own investment portfolios using index funds if they receive good advice and follow that advice. Our main service offering is our Financial Review service. We also offer a comprehensive service that combines personalized financial planning with DIY investing support. We call it the DIY Investing Service.

Fees:

Financial Review:                  One time fee of $1300

DIY Investing Service:       One time fee of $2,900

Introductory Call:               15 to 20 minutes, free

Contact Info: 9035 South 1300 East Suite 250-G Sandy, Utah, 84094 801-372-1446 [email protected] 

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Personal Choice Financial Advisors

Personal Choice Financial Advisors Vetting Application

As the father of a young neurologist with substantial medical school loans, I created FinancialRounds.com to help you take control of your finances and avoid the often predatory advice given by financial salesmen. The information is designed to help guide you through any important financial decisions you need to make in residency, as an attending physician, and ultimately through financial independence.

We provide on-going financial planning services with expertise in student loans, disability insurance, first-time home buying, planning for marriage and children, cash flow, investment advice, and retirement. We also we provide investment management services using low-cost, passive investments.

Fees:

On-going financial planning available $250 per month with $1,000 initial fee (includes investment recommendations). In house investment management starting at 0.75% up to $1,000,000 for financial planning clients.

Contact Information:
555 Lake Forest Dr., STE 650 Cincinnati, Ohio 45242 (513) 588-8080 [email protected]

  Visit Personal Choice Financial Advisors

 

Clark Asset Management

Clark Asset Management Vetting Application

 

We are one of the only truly fixed flat fee retirement income experts in existence, serving clients across the country. Our firm is geared toward you if:

  • You’re retired or will be retiring in the next 7 years
  • You have a total portfolio of $2M or more
  • You’re concerned about generating (and protecting) income for life
  • You don’t like complex fee structures (%, tiered, hybrid, etc.)
We charge a single fixed flat fee of $9,500 per year (regardless of your assets) for investment management & financial planning. Our investment philosophy is simple, very low cost & extremely tax efficient. You can choose our Vanguard ETF strategy and/or our DFA (Dimensional Fund Advisors) strategy. Here are 3 ways to learn more about our beliefs and approach:
  1. Schedule a complimentary call with Bradley Clark
  2. Watch our short, awesome & free video class on retirement income
  3. Access our retirement income cheat sheet
Here’s a little background on Bradley Clark (Founder & CEO)
  • Harvard BA, Stanford MBA
  • Former Publisher, The Motley Fool
  • Retirement Income Certified Professional (RICP)
  • Certified Financial Planner™ (CFP®)

Fees:

Single Fixed Flat Fee of $9,500 per year. Don’t be penalized for having a larger portfolio!

Contact Info: [email protected], Boston, MA & Columbus, OH, (978) 364-0605.

  Clark Asset Management

 

FPL Capital Management

FPL Capital Management Vetting Application

 

FPL Capital Management (FPLCM) is a Fee-Only RIA that offers comprehensive wealth management under a unique fee structure, based on charging clients a flat annual fee. Fees range from $1,000 to $15,000 per year. FPLCM offers a broad range of management options, which includes both model and customized portfolios. Most strategies utilize low-cost funds from Vanguard, Dimensional (DFA), iShares, and WisdomTree. In addition, FPLCM offers an Institutional Platform that provides clients access to private funds from companies, such as Goldman Sachs, Origin Investments, CRG, Blackstone, Starwood, PIMCO, Carlyle, and Owl Rock. They have custodial relationships with Schwab, Fidelity, and TD Ameritrade. FPLCM also offers ERISA Fiduciary services utilizing the Vanguard Retirement Plan Access (VRPA) platform. They specialize in medical and law practices. They are also CEFEX Certified . E-mail

or call them directly at 800-835-1969 for more details.

Fees:

From $1,000 to $15,000 annually (based on the level of service provided)

Contact Info: 3525 North Causeway Blvd. Suite 633 Metairie, LA 70002 800-835-1969 [email protected]

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Olson Consulting

Olson Consulting Financial Advisors Vetting Application

 

Olson Consulting is an Advice-Only firm, built to help physicians effectively manage their relationship with money and make wise financial decisions. Tyler Olson, a Fiduciary and Enrolled Agent, has over 15 years of experience, and he always puts the needs and interests of his clients first. The advice Tyler provides is free of bias toward any product or investment strategy. You and your family will receive the best possible budgeting, investment, and tax advice for a flat fee. For physicians that run or want to run their own practice, start-up and ongoing business advice is also included. Schedule a free consult today!

Fees:

For DIY Attendings and Residents Looking for a Check-in

STAND-ALONE PLANNING SERVICES

The Comprehensive Financial Plan

This is a six-month engagement and consists of four in-person (or virtual) meetings to actively help you implement a comprehensive and customized financial plan with the goal of keeping you accountable. The financial plan includes everything in your life, and while the numbers form the foundation for the plan, it is your goals and values that drive the recommendations. The flat fee for this plan is $4,800.

The Tactical Financial Plan

Choose up to three financial areas on which to focus and receive customized advice and recommendations. This plan includes two meetings and one month of unlimited phone and email access. The flat fee for this plan is $2,700.

The Cash Flow Plan

The cash flow plan analyzes historic spending and cash flow, sets a Spending Plan and puts clients on track to living within their means and work toward what they value. This plan includes two meetings and one month of unlimited phone and email access. The flat fee for this plan is $1,500.

One-Page Financial Plan

The One Page Financial Plan addresses your most pressing financial issues in a 90 minute financial planning session. I will help you overcome your biggest obstacles and provide you with an action plan to keep you moving forward toward what you value. The One Page Financial Plan 90-minute session costs $1,200.

For Attendings Looking for a Long-term Planning Engagement

ONGOING COLLABORATIVE PLANNING SERVICES

Financial planning for attendings can be complex. I make it simple. Investment guidance on any account, tax planning, and estate planning are important considerations. In addition, attention is given to career development, contract negotiation, and private practice implementation.

Now is the time to make more significant decisions and put them into action. This plan can help you protect what you are building, in terms of savings, your education, and your career. Wherever you want to hold your investments, this service will give you access to unlimited investment advice on your assets. You will receive help with organization and preparation when it comes to estate and tax planning. If you aspire to open your own practice, I will help you implement that business plan.

If the DIY stand-alone plans appeal to you, but you would like to work hand in hand with me to implement it, and you would like that supplemented with ongoing investment and tax planning advice, this ongoing arrangement is for you.

The cost of this service is $7,000/year, paid monthly or quarterly.

Contact Info: St. Joseph, MI (269) 876-0824 [email protected]

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