Recommended Financial Advisors

This 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 charge more 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.

 

 

Aptus Financial

Aptus Financial is a principled financial services company, focused solely on what is best for our clients and free of any conflicts of interest. We provide transparent, objective, and non-conflicted advice for a simple, fair hourly rate. Period. We don’t sell stocks or insurance. We don’t have a vested interest in managing your assets. Our highly-credential team provides comprehensive financial advice and sets our clients up for a lifetime of guided DIY financial planning and investing. You can do it yourself, but you don’t have to do it alone.

Fees:

Aptus charges a simple, fair hourly rate of $200 across all engagements.
Comprehensive Financial Plan (20 hours+, $4,000)
Annual Checkups and Portfolio Rebalancing (~3-6 hours, ~$600-$1,200)
Initial Interviews (~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.

 

Wrenne Financial Planning

Wrenne Financial Planning Application

Wrenne Financial Planning helps 100’s of physicians, and their families, across the US find financial peace in their busy lives. Daniel Wrenne, a Certified Financial Plann e r® , founded Wrenne Financial Planning to escape industry conflicts of interest and better serve physician interests. We specialize in helping young doctors better manage their student loans, and grow wealth, to most efficiently reach their full potential. Schedule a free consultation or check out their blog on planning for physicians to find out more.

Fees:  

Financial Planning for Residents and Fellows:
Single earner: $500 up-front and $100/mo.
Dual earner: $750 up-front and $150/mo.

Student Loan Planning for Med Students, Residents and Fellows:
Single borrower – $500
Dual borrower – $750

Financial Planning and Investment Management Combined:
New-in-Practice Physicians: $1,000-$1,500/quarter
Established Physicians: $1,500-$2,500/quarter

Contact Info:
3399 Tates Creek Rd #115, Lexington, KY 40502
859-538-6044
[email protected] [email protected] [email protected]

 

Your Richest Life

Your Richest Life Application

Katie Brewer, CFP®, founded her fee-only firm, Your Richest Life Planning , in 2014 in order to focus on physicians and professionals under 50 who are juggling high-intensity careers while balancing the demands of a family. In order to most effectively utilize a client’s time, Katie conducts most business virtually. This framework allows the firm to work with clients all over the country while also minimizing financial planning costs. Katie has over 12 years of experience in the industry and has been quoted in various sources such as The New York Times, Forbes, and Business Insider. Services include comprehensive financial planning and ongoing financial coaching and monitoring.

Fees:

Upfront fee ranging from $1200-3000
After upfront fee you pay a monthly fee of $125-300/month

Contact Info:
1008 Ridge Rd.
Rockwall, TX 75087
469-708-7975
[email protected]

 

Firstmetric

Firstmetric Financial Advisor Application

Firstmetric is an investment advisory firm that provides low-cost investment management and investment planning services using index funds from Vanguard and Dimensional Fund Advisors (DFA Funds) to develop low-cost personalized investment strategies and advice tailored to fit your personal situation. Service include: investment planning, portfolio implementation, portfolio monitoring and maintenance, portfolio rebalancing, online portal and portfolio reporting, and investment advice as needed.

Fees:

Our annual fixed flat fee is $2,500. The fee is paid quarterly in the amount of $625/quarter. All of our clients pay us the same low-cost and transparent flat fixed fee for our services regardless of the size of your investment portfolio or number of accounts.

Contact Info:

Click here to provide us with some basic information about yourself and to schedule a no cost or obligation introductory call.
Phone: (800) 801-6855
101 W. Big Beaver, Rd., Suite 1400, Troy, Michigan
[email protected]

Physician Wealth Services

Physician Wealth Services Application

When my wife was in residency, I witnessed how vulnerable she was to poor financial advice. I was shocked at how many advisors tried to take advantage of her and her peers.

It’s the reason I started my fee-only practice, Physician Wealth Services, to work exclusively with physicians who could truly benefit from unbiased, quality financial advice.  I help physicians create a life they love using the resources they have. To help them feel in control of their money, the same way that you make a patient feel better about their health. Also, I host the Financial Residency podcast, a free resource to help increase your financial literacy. Come join the community!

Fees:

Comprehensive Financial PlanningOne-time initial fee of $999, and $300/mo. (for $300,000 and less in assets) – $500/mo. (for over $300,000 in assets). No Assets Under Management Fee (AUM), everything is included in the flat monthly fee above. Simple and transparent, the way it should be!

Exclusively for Residents/Fellows: One-time fee of $799. Includes student loan analysis, insurance review, and cash flow planning. After our engagement, any follow up meetings are billed hourly at $150/hr.

 

Contact Info:

San Diego, CA but we work with physicians throughout the country. 100% of clients are virtual.

Integrity Wealth Solutions

Integrity Wealth Solutions Financial Advisor Application

Integrity Wealth Solutions approaches wealth management and financial planning differently.  We’ve created a unique, tiered flat fee, asset management compensation structure designed with our client’s interests and success in mind.  Our firm’s investment philosophy is centered on cost and tax efficient portfolio management, aimed to help the client retain more of their investment growth.

A cornerstone in Integrity Wealth Solutions’ financial planning process is the alignment of financial goals with insightful strategies that fit individual circumstances.  We develop a holistic, customized, integrated financial plan that can evolve as the client’s needs grow and help clients maintain focus through the inevitable ups and downs of the market.

Fees:

Asset Management Fees:

Assets Managed  Annualized Fee   Quarterly Fee   
$0-$500,0001%0.25%
$500,001-$999,999$5,000$1,250
$1,000,000-$3,000,000$7,500$1,875
$3,000,001-$6,000,000$10,000$2,500
$6,000,001-$10,000,000$15,000$3,750
$10,000,001 – $15,000,000$25,000$6,250
$25,000,001- and aboveNegotiableNegotiable


Financial Planning Only Fee (without asset management):
The typical fee for planning service is $3,000; however, this fee can range from $1,000 to $5,000, depending upon the scope and complexity of the work to be performed.

Contact Info:
5211 S. Quebec St. Greenwood Village, CO 80111
303-716-5777
[email protected]

Mayport

Mayport Financial Advisory Application

Mayport is a fiduciary advisor offering transparent flat fees for both standalone financial planning and investment management. Whatever stage you’re at in your career, we can help you get organized with a financial plan and can implement it with a low-cost index fund portfolio. Mayport founder Adam Grossman is a CFA charterholder, received his MBA from MIT and writes regularly for personal finance publications including HumbleDollar. To learn more, visit Mayport’s website to download an e-book especially for physicians or schedule a call to discuss your financial objectives.

Fees:

Financial Plan: $3,500 to $5,500 (one time), depending upon the complexity of your needs.

Comprehensive Wealth Management (initial financial plan plus ongoing consulting and investment management): $2,500 to $5,000 per quarter, depending upon the complexity of your needs.
Contact Info:
1016 Centre Street, Newton, MA 02459
617-545-5700

 

FPL Capital Management

FPL Capital Management is a Fee-Only RIA that offers a unique fee structure, which is based on charging clients a flat annual fee for services provided. Fees range from $1,000 to $5,000 per year for Portfolio Management. They utilize low-cost funds from Vanguard, Dimensional, iShares, WisdomTree, and AQR. They have custodial relationships with Schwab, Fidelity, and TD Ameritrade. They offer an Institutional Platform that provides clients access to private debt and private equity funds. FPL also offers Wealth Management and ERISA Fiduciary services. Their focus is medical practices with fewer than 100 employees. They offer this service utilizing DC Platforms of Vanguard and DFA.

Fees:

Annual Advisory Fees range between $1,000 and $5,000, depending on the level of service selected.

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

 

CMG Financial Consulting

CMG Financial Consulting 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 start CMG 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 at: https://cmgfin.com/schedule-a-call/

Fees:

One-Time Services:
Student Loan Review – $250
Financial Plan – $1,000 – $3,000

Ongoing Financial Planning:
Financial Planning – $200/month

Financial Planning, Investment Management & Tax:
Early Investors: (Up to $500,000 of Assets Under Management): $350/month
Foundation Builders: ( Up to $1,000,000 of Assets Under Management ): $675/month
Financially Independent> (Over $1,000,000 of Assets Under Management): $1,000/month
Resident/Fellow – 50% discount on all plans

Contact Info:
22816 N 79th Pl
Scottsdale, AZ 85255
(480) 695-8004
[email protected]

 

Physician Family Financial Advisors Inc.

Physician Family Financial Advisors application

Got kids? Physician moms and doctor dads are happiest when they are treating patients and raising children. That’s why Physician Family Financial Advisors helps busy doctors like you save time and taxes while you pay off student loans, buy a home and set aside all the money you will need for college and retirement. As fee-only financial planners for doctors, we charge a level monthly subscription fee that includes all the financial planning and investment advice you need without conflicts of interest. We are fiduciaries with more than 20 years experience serving families nationwide.

Fees:

Subscriptions from $165.00 per month
Includes Annual Checkups, unlimited meetings & online portal
Unlimited investment services without asset-based fees
No up front fee. Pay as you go. Cancel anytime.

Contact Info:
PhysicianFamily.com

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