TriageFoundations provides a clear path for motivated early-career physicians interested in expediting the implementation of best financial planning practices. The program is designed to make the most of new physicians' strengths and opportunities, to ease the financial challenges they typically face, and to prepare them for the next stage in their financial lives.
You'll work with a dedicated advisor who will help you optimally sequence the decision in your financial life, set up the structures needed to make them happen, and coordinate your plan with your other financial professionals.
How will you achieve your financial success?
Specific. TriageFoundations targets a unique period in your career and financial life. The challenges of early-career physicians are different from those at peak-career, who may have purchased homes and begun practicing years earlier. Your planning tasks will tend to be broad and shallow, rather than narrow and deep. The issues you need to focus on will have more to do with optimizing saving and debt pay down than investing.
Financial Triage. The proper sequencing of your financial decisions is the core of TriageFoundations. First, you'll get basic protections in place, from all types of insurance, to estate planning documents, to emergency funding. Next, you'll get clarity on your cash flow and determine where the best returns on your money will come from.
Goal-Setting. You'll learn what you need to do, at a granular level, to reach any number of financial goals. You'll explore what-if scenarios as needed.
Implementation. We work with you to set up the accounts and structures you’ll need to work your plan. We’ll coordinate and attend meetings with your other financial professionals if desired.
Annual Reporting. TriageFoundation is a data-driven program. “Running the numbers” is what we do. Each year you'll receive a detailed report on the progress you’ve made.
Lifestyle Coaching. You'll learn how major purchase decisions might impact your goals. (We’ve witnessed these types of decision over hundreds of financial lifetimes.) You can avoid common pitfalls and mistakes.
Investment Advice. Although not a priority for the typical TriageFoundations client, we do provide investment advice when requested.
Flat-Fee. TriageFoundations clients pay an annual program fee. There are no commissions on investments done through us, nor are there separate fees for financial planning or assets under management.