⬤ USA Today
2023 Best Financial Advisory Firms
usa today best financial advisory firms 2023 logo for wellspring financial
● USA Today
2023 Best Financial Advisory Firms
usa today best financial advisory firms 2023 logo for wellspring financial

Financial Planner
for Doctors

Financial Planner
for Doctors

Each person’s individual financial situation is different, and you deserve an advisor who will consider the unique factors that affect you. If you’re a physician, especially if you run a private practice, there are many things your financial planner needs to consider to develop the best strategy for your needs. Wellspring takes a holistic approach and considers your individual circumstances as an ideal path to long-term financial well-being.

The Benefits of a Financial Advisor

Having an experienced professional who can assist you with managing your money is a valuable asset.

At Wellspring, we strive to provide six critical benefits to all of our clients, regardless of their career path:

Organization

We work with you to define your financial needs, wants, and plans, then use these to bring structure to your financial life.​

Accountability

Having an advisor to help you stay on track with your financial plan, and who will review your progress, makes it easier to follow through on financial commitments.

Objectivity

Emotionally-driven financial decisions are not ideal, and having insight from an outside perspective can help you avoid making such choices.

Proactivity

We can help you plan ahead for life transitions that you know are coming, and also regularly assess potential changes or events you might not anticipate.

Education

A well-informed client is our best client and we provide specific knowledge to help you understand your financial situation and our recommendations.

Partnership

We view our relationships with our clients as partnerships and take the time to genuinely understand your philosophy, background, needs, and life goals.

Organization

We work with you to define your financial needs, wants, and plans, then use these to bring structure to your financial life.

Investment Advising

Having an advisor to help you stay on track with your financial plan, and who will review your progress, makes it easier to follow through on financial commitments.

Objectivity

Emotionally-driven financial decisions are not ideal, and having insight from an outside perspective can help you avoid making such choices.

Proactivity

We can help you plan ahead for life transitions that you know are coming, and also regularly assess potential changes or events you might not anticipate.

Education

A well-informed client is our best client and we provide specific knowledge to help you understand your financial situation and our recommendations.

Partnership

We view our relationships with our clients as partnerships and take the time to genuinely understand your philosophy, background, needs, and life goals.

Financial Considerations
for Physicians

Financial Considerations for Physicians

Loan Repayment

After many years of schooling, most physicians have student loans. A financial planner can help you strategize how to allocate your funds to pay these down over time. We will consider the interest rate of the loans compared to other opportunities and will create a plan with your best interest in mind. For physicians that own their own practices, we also factor in business loans.

Retirement

Planning for retirement is a key consideration. For physicians, there are additional factors that could influence your savings and investment strategies. As we create your plan, we’ll ask you questions to determine what your goals are and will give thoughtful individualized advice.

Irregular Cash Flow

Wellspring will help you plan for changes in cash flow. When building a financial plan, we can factor in and help you plan around income from various sources such as quarterly bonuses, annual bonuses, income from medical investments, income from business ownership, or any other sources you may have.

Changing Financial Circumstances

While many physicians assume they only need an advisor once they are “established,” the truth is you can benefit from working with Wellspring earlier in your career. Our advisors will work with you to understand your anticipated career trajectory and to help you plan ahead and build personal wealth.

Practice Ownership or Partnership

If you are a partner or owner of a private practice, your financial situation has additional complexities to consider. Wellspring can help tackle these complexities and help you to navigate through them.

Loan Repayment

After many years of schooling, most physicians have student loans. A financial planner can help you strategize how to allocate your funds to pay these down over time. We will consider the interest rate of the loans compared to other opportunities and will create a plan with your best interest in mind. For physicians that own their own practices, we also factor in business loans.

Wellspring-Financial-MOBILE-line

Retirement

Planning for retirement is a key consideration. For physicians, there are additional factors that could influence your savings and investment strategies. As we create your plan, we’ll ask you questions to determine what your goals are and will give thoughtful individualized advice.

Wellspring-Financial-MOBILE-line

Irregular Cash Flow

Wellspring will help you plan for changes in cash flow.

Wellspring-Financial-MOBILE-line

Changing Financial Circumstances

While many physicians assume they only need an advisor once they are “established,” the truth is you can benefit from working with Wellspring earlier in your career. Our advisors will work with you to understand your anticipated career trajectory and to help you plan ahead and build personal wealth.

Wellspring-Financial-MOBILE-line

Practice Ownership or Partnership

If you are a partner or owner of a private practice, your financial situation has additional complexities to consider. Wellspring can help tackle these complexities and help you to navigate through them.

Get Started

At Wellspring, we strive to understand your unique preferences, circumstances, goals, and challenges. We work with doctors at all stages of their careers and provide personalized advice with your needs in mind.