financial advisor

AUM versus Flat-Fee: A Financial Advisor’s Perspective

Have you ever wanted a financial advisor’s inside perspective on fee-models? Well, today is your day. If you have a financial advisor (or if you are considering one), this post is a must-read.

The Financial Residency Book – A Review

The Financial Residency book is hot off the press. Should you snag a copy of your own? Is it the right book for you? Come find out as I review the book written by Mr and Dr. Inman.

The Code, Conflicts, and Client Interests

Did you know that as of October 1st, 2019 all CFP’s are required to act as a fiduciary? Ever wondered if your CFP was putting your needs (or the company’s) first? Now, they have to tell you. Even Northwestern Mutual.

Conflicts of Interest: Are You Getting Good Advice?

All that many want is good financial advice, at a good price, for the least conflict of interest. That can’t be too hard to find, right? Not if you know what you are looking for…

Framing Your Financial Future

I love listening to podcasts. In a very busy world,...

Why You Shouldn’t Trust the Financial Industry

It doesn't take long reading physician finance blogs (or really any personal finance blog) to...

Flash FIRE warning: The Dangers of Sharing Financial Independence

Fire is a passionate and unforgiving substance. It keeps you warm, heats your meals, and provides...

How Do Financial Advisors Get Paid? A Financial Planner’s Perspective

When someone asks “How does my financial advisor get paid” it should be a relatively easy question to answer and understand. Unfortunately, that’s not the case much of the time. Fortunately, this post will not only answer that, but provide you an awesome chart to see exactly where conflicts of interest exist in all of the most common financial advisory models!

4 Reasons Doctors Don’t Save Enough Money

Whenever I tell people outside of medicine how bad doctors are with money, they are always shocked. Almost universally they wonder why we don’t save enough money. They understand that – in order to become a doctor – you must be hard working, intelligent, and dedicated to the cause. These are the same attributes – when they are applied correctly – that result in financial success. How in the world can doctors be bad with money, then?

What is a Safe Withdrawal Rate? A Case Study on The 4% Rule

If you have ever wondered about how much you can take out in retirement or if you will be able to withstand a down market right when you retire, this post is for you. It is a case study with graphs and charts that will help you better understand the dilemma, and whether you have “enough” to be financially independent. It is a must read.

Why Some Financial Advisory Models are Better Than Others

I was listening to one of the What's Up Next podcasts (Episode 18). This particular episode...

Do I need a Financial Advisor? Four Reasons to Use a Financial Advisor

We all need help sometimes. But is it worth paying for it? Come see what I think about whether there are any reasons to use a financial advisor. If you’ve been following along, you might be surprised to see what I say.