Physician's Wealth Manager
- Anyone who is gainfully employed, particularly those in prime earning years, AND who relies on their employment income to support themselves and their family, needs disability insurance.
- How much life insurance you need is a function of many factors including your liability (not just debt but also protecting loved ones), your earnings, your other assets, and your time horizon.
- Stricter regulation and better due diligence now make some alternative investments safer, less costly, less risky, more profitable, and therefore, more desirable.
- It's important to understand that portfolio management involves a comprehensive overview of how investment portfolios should be designed, implemented, and actively managed on a regular basis.
- When it comes to long-term financial success, what is more important? Security selection, market timing, both, or neither?
- Over the next several weeks, we will drill down on the difference components of wealth management. Let’s start with financial planning.
- Wealth management integrates comprehensive financial planning with customized portfolio management in an all-encompassing service to accomplish the long-term financial goals of high net worth individuals and their families, charitable foundations, and trusts.
AUTHOR BIO
BLOG INFORMATION
Tom Orecchio examines the principles of wealth management and financial planning-from portfolio and tax management to alternative investments and estate planning-to help physicians achieve financial success.
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