Financial Management
Four tools that provide both asset protection and tax benefits
As an orthopedic surgeon and an attorney/wealth manager who has worked with more than 1,000 physicians, we know that asset protection and tax planning are two of the highest interest planning areas for physicians.
Three key steps to take when considering a practice sale or merger
Mergers and acquisitions have come to private practice medicine during the last 5 years — and in a big way. It would be difficult to find a physician of any specialty in any U.S. location who is not aware of this trend.
VYNE Therapeutics announces second-quarter financials, business updates
VYNE Therapeutics has announced its second-quarter 2023 financial results as well as business updates for its two novel investigative drugs, according to a press release.
Sequence of returns risk: What it is and how to minimize it
As physicians age, they should consider the reallocation of their assets into increasingly conservative investments to best limit their exposure to loss.
Long-term financial plans must be flexible
The Greek philosopher Heraclitus is quoted as saying, “the only constant in life is change.”
Measuring, interpreting and improving your practice’s surgical density
“Formal education will make you a living; self-education will make you a fortune.”
Do not outlive your money: What inflation rate to use for your retirement projections
Most investors, when considering their financial future, have a common number one concern – that they will not have saved enough to sustain them in retirement. In other words, they fear that they will outlive their money.
Malpractice insurance is a physician’s first line of defense
Concerns about potential malpractice liability are top of mind for many physicians of all specialties. This is not surprising given recent verdicts in medical malpractice actions that have awarded millions of dollars in damages to plaintiffs.
Relationship between interest rates, S&P 500 performance is complex
Many investors have recently been asking their advisors, “Is a recession coming?” This question is often on the minds of investors because the financial media repeatedly brings up the topic.
Where loans can be accessed with interest rates under 1%
With the rapid rise of interest rates in the last year, many physicians might be interested and surprised to learn where extremely low rates still exist.