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re: Financial advisors?
Posted on 7/16/12 at 9:13 am to LSUHSC-S T-Fanatic
Posted on 7/16/12 at 9:13 am to LSUHSC-S T-Fanatic
Are you going to be in the Louisiana area or staying in WV?
The person we use is a finical planner who caters only to MDs in South LA. He is excellent. He manages a fair about amount of MDs in BR. He comes to our house at our convenience and is low key or aggressive as you want him to be.
FWIW I used the first year out to just get my feet underneath me, track our income and spending habits, then started looking to investments/planners
The person we use is a finical planner who caters only to MDs in South LA. He is excellent. He manages a fair about amount of MDs in BR. He comes to our house at our convenience and is low key or aggressive as you want him to be.
FWIW I used the first year out to just get my feet underneath me, track our income and spending habits, then started looking to investments/planners
2
Posted on 7/16/12 at 9:50 am to MDcajuntiger
Yeah, as an advisor I would recommend staying away from the aggressive guys. If they have that much time for sales then they typically aren't paying enough attention to managing your money.
Get recommendations for a fee only advisor, as no product commissions are involved and advice given has to be in your best interest like a CPA or lawyer.
Get recommendations for a fee only advisor, as no product commissions are involved and advice given has to be in your best interest like a CPA or lawyer.
Posted on 7/16/12 at 4:18 pm to MDcajuntiger
Thanks everyone for all advice. Years of medical training do nothing to prep you for financial planning, contracts, and business.
Poodlebrain -
Thanks for the congratulations; we're at the cliche excited/terrified stage at the moment.
MDcajuntiger –
Eventually we will move back to La. My wife is still considering a fellowship that will add a year to training for her. It would be nice to have the umbrella of staff above me that know me and can give some early support. But the maximum would be one more year then either back to BR or NOLA.
Poodlebrain -
Thanks for the congratulations; we're at the cliche excited/terrified stage at the moment.
MDcajuntiger –
Eventually we will move back to La. My wife is still considering a fellowship that will add a year to training for her. It would be nice to have the umbrella of staff above me that know me and can give some early support. But the maximum would be one more year then either back to BR or NOLA.
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