Wealth Management for Doctors, Physicians and Dentists
Strategic financial planning for medical professionals.
Darrow Wealth Management has served the medical community with comprehensive fee-only financial advisory services for many years.
Darrow Wealth Management recognizes that uncertain market and economic conditions, combined with dramatic changes in the medical profession, have presented physicians with daunting challenges regarding investment, retirement, and estate options.
Our wealth management strategy for dentists, physicians, surgeons, doctors is based on understanding the client’s needs and plans, and then developing a strategy that strives to help the physician to pursue retirement and estate goals successfully. Physicians particularly want more than just money management. They want and need a true solution to their wealth management plans that goes way beyond “stock picking”.
Financial Advisor for doctors, dentists, surgeons and medical professionals
While every situation will be unique, there are a number of situations we frequently work to help our clients in medicine and healthcare plan for or address:
- Consolidate old 401(k) or 403(b) plans and other investments accounts at one institution with a unified investment strategy
- Evaluate options to tackle student loan debt
- Review a benefit package and discuss pros and cons of participation in certain programs
- Retirement planning and income projections during retirement
- Discuss best uses of extra cash (e.g. pay off debt or invest)
- Asset protection strategies
- Simplifying and organizing your financial life with a cohesive financial and investment strategy
- College planning and education savings goals
- Managing retirement plans at work
- Evaluating your insurance coverage such as life, disability, umbrella liability
- Working to help clients limit unnecessary exposure in the market by emphasizing diversification, discipline, and patience
- Saving strategies to make the best use of cash flows and income, including how to invest extra cash and juggle multiple financial goals
- Financial modeling and goal-based projections and recommendations
- Tax-efficient investing and planning with tax consequences in mind
- Helping ensure estate planning documents are kept up to date
- Ongoing investment management from a fiduciary and fee-only financial advisor
Private Wealth Management Program
- Investment management
- Financial advisory support
- Retirement planning
- Tax-minded guidance
- Proactive support and ongoing review meetings
- Financial modeling
- Situational Counsel as unexpected changes occur
About Darrow Wealth Management
Darrow Wealth Management is a registered investment advisor with offices in Boston, MA and Concord, MA. Although we are based in Massachusetts, we partner with executives and professionals across the United States. Established in 1987, we are proud to be a predominantly female-run and second generation family business. Learn more.
Work with an Advisor, Not a Salesperson
As a fee-only financial advisor, we do not sell securities, investment products, or receive commissions or compensation from 3rd parties.
Always in Your Best Interest
As a fiduciary, we are legally bound to act at all times for the sole benefit and interest of our clients. This is the highest act of loyalty, trust and care under the law.