Physicians: The ROI of Hiring a Financial Planner Might Surprise You
Why Time Is a Physician’s Most Valuable Asset
A recent study of more than 12,000 investors, nearly 8,000 of whom work with an advisor, revealed something interesting: 76% of advised clients said working with an advisor saves them an average of two hours a week on their finances.
That’s meaningful for anyone. But for physicians, it’s even more powerful. Between call schedules, patient care, research, and family life, time is your most limited resource.
The Math Behind Your Return on Investment
Let’s put some numbers to it.
If your household income is around $500,000 a year, your time is worth roughly $240 an hour. Over the course of a year, saving just two hours a week equals 100 hours, or $24,000 worth of time.
When you hire a flat-fee financial planner and enrolled agent who charges $12,000 a year like myself, you’re already doubling your investment before we even talk about portfolio growth or tax savings.
That’s a 100% return simply from reclaiming time you can spend on higher-value work or the parts of life that matter most.
What a Physician-Focused Planner Actually Delivers
The real benefit goes well beyond time savings. A planner who specializes in physicians understands the financial complexity that comes with your career:
- Balancing W-2 and 1099 income
- Navigating practice buy-ins or hospital contracts
- Structuring retirement accounts efficiently across multiple employers
- Creating a long-term tax and investment strategy that aligns with your lifestyle goals
Because I’m both a flat-fee financial planner and an enrolled agent, my role goes beyond investment advice. I integrate your tax, cash flow, and long-term planning so everything works together without hidden commissions or a percentage of your assets.
The Flat-Fee Advantage
Most traditional advisors charge 1% to 1.5% of your portfolio value every year. That means if you have a $3 million portfolio, you could be paying $30,000–$45,000 annually, often without knowing exactly what you’re getting.
My flat annual fee gives you full transparency and unlimited access, so you always know exactly what you’re paying and why. No surprises.
It’s about clarity, not complexity.
The Bottom Line
Hiring a financial planner isn’t about handing off spreadsheets: it’s about buying back your time and gaining peace of mind.
If you’re a physician earning $500,000 and saving 100 hours a year by working with a planner, the ROI speaks for itself.
Not too shabby, in my mind.
If you (or a colleague) have been wondering whether it’s worth hiring a planner who truly understands physicians, this might be your sign to stop wondering and start putting both your time and your money to better use.