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Comprehensive Financial Planning.

We will help you build and implement strategies that have measurable impact.

Here’s what we can do for you:

Comprehensive Planning

Comprehensive planning is the backbone of our services.  This is an ongoing engagement where we systematically work through all of the different facets of your financial life, to make sure that it’s a well-oiled machine.

Investment Management

Investment management is included in the cost of comprehensive financial planning.  Our institutional partnerships enable us to pass along best-in-class investment solutions to our clients — we worry about the investments, so you don’t have to.

Planning For Residents & Fellows

If you are an anesthesia resident or fellow, you have unique needs and opportunities with regards to your financial situation.  Let us help you avoid costly mistakes and put you on the track to success!

Explaining The Process

Financial Planning

As an anesthesiologist, your high-earning specialty gives you significant potential for financial optimization.  The positive impact of good planning will be felt by you and your family for decades.

Our planning process has two phases, plan design (year 1) and plan implementation (years 2+).  This process is custom-tailored to fit your financial priorities as well as your schedule.

The Financial Planning Process

Year One: Design The Plan

The first year will be an opportunity to get organized, identify preliminary goals, and address acute needs.

  • There are generally 4-6 meetings that occur in year 1, depending on client need.
  • This time period is meant to do a full review of all applicable financial and personal information.
  • We will work with you to gather required documents and coordinate with third parties as necessary.
  • Your accounts will be aggregated for increased transparency.
  • We will be available as-needed via phone or email for ongoing support.
  • We will develop a master plan that will serve as the starting point for the plan implementation phase.

Year Two: Make It Happen

In the second year and beyond we will work to put the plan recommendations into action.

  • There are generally 2-3 meetings that occur in year 2+, depending on client need.
  • We will systematize savings strategies and debt paydown in accordance with plan.
  • We will coordinate efforts with other financial professionals to enact strategy when necessary.
  • Ongoing monitoring and accountability will ensure plan progress and help prevent a good plan from “gathering dust”.
  • We will be available as-needed via phone or email for ongoing support.
Set up a no-obligation introductory call to review the planning process with us in greater detail.

Investment Management Services

Our Philosophy

Philosophical alignment on the investment front is critical to a successful engagement.  Our investment approach is characterized by the following considerations:

  • Controlling costs is critical.  Our investment solutions involve conscientious cost-management, and cost around 0.3% annually.
  • Investment turnover should be kept to a minimum.  We transact only when necessary and our funds are low-turnover.
  • Discipline matters.  Systematic rebalancing is a good check to both greed and fear.
  • Global exposure is key.  Broad equity and fixed income diversification is a core tenet.
  • We categorically do not pick stocks, use technical analysis, try to spot sector trends, try to anticipate market selloffs or rebounds, or use complex options or commodities strategies to “hedge risk”.  Investing, when done well, is boring.

Our Institutional Partners Include:

Set up a call to learn more about our investment strategies.

Anesthesia Residents & Fellows

Financial Planning starting at $99/mo + $299 setup fee

 

If you are a recent medical school grad, you have a unique financial situation.  You have already made significant financial investment in your education, and you still have years of training ahead before that investment is fully realized. However, you likely have considerable financial planning needs, and the implications for getting the right advice are significant.

Having a plan for student loan payback and debt management, setting up employer benefits, ensuring that you get the right insurance policies in place to protect your future income — these are all facets of your financial life that need to be addressed appropriately. We offer special comprehensive planning and project-based rates for young physicians who want to tackle these items.

Fees

We are proudly a fee-only firm.  This means that we earn no commissions, kickbacks, referral fees, transaction-based fees, or any payment from anyone other than our clients.  Furthermore, there is no AUM fee for managed assets.  Our financial planning and investment management services are provided for one transparent annual fee, billable monthly or quarterly.

This fee structure is a strategic business decision that resulted from a desire to make our fees maximally transparent and easy to understand for our clients.  For too long the financial industry has hidden behind conflicts of interest and opaque compensation mechanisms to take advantage of unsuspecting investors.  At Quantifi we pride ourselves on one transparent fee.  No tricks, no hidden agenda.  Just an honest fee number in exchange for honest advice.

The annual fee is 1% of annual income plus 0.5% of net worth (payable monthly or quarterly) for financial planning and investment management.  In the first year there is an additional $999 signup fee for new clients ($299 for residents/fellows).  The annual fee is reset every 24 months, or in the event of a significant change to your situation.

Below are a few examples of how the fee works.

 

 

Kendra, The Critical Care Fellow

Kendra just started her critical care fellowship at a university hospital and is earning $75,000 per year.  She has $325,000 in student loans, $10,000 in a Roth IRA, and minimal other financial assets or liabilities.

She would qualify for the discounted resident/fellow rate of $99/mo or $297/qtr.  Her annual fee is $1,188/yr + $299 setup fee in year 1 only.

Michele, The Early-Career Attending

Michele is four years into her first attending role at a private practice pain clinic.  Her total compensation last year was comprised of $350,000 in salary plus a $50,000 bonus from variable compensation, and an additional $50,000 in self-employment income from consulting work for a drug company.  She has $90,000 in her company 401k, $20,000 in a Roth IRA.

Her fee is $5,050 + $999 setup fee in year one only.  Her ongoing fee is $421/mo or $1,263/qtr.

Jordan, The Established Attending

Jordan is 47 years old and has been practicing clinical anesthesia for 12 years in academic and private practice settings.  He is currently working for a large anesthesia company, and is earning $425,000 per year.  His wife is a general surgeon and she earns $390,000 per year.  They have $1,000,000 in investment accounts and $200,000 of equity in their home. Their high earnings and allow them to have a reduced fee on annual income above $500,000.

Their flat annual fee is $13,300 + $999 for initial setup.  Their ongoing fee is $1,108/mo or $3,325/qtr.

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