Recommended Financial Planners
Need some additional help with your finances? While we are big advocates of DIY investing, we realize that not everyone has the time or interest to manage their own finances. Dat and Aaron are excited to partner with these heavily-vetted, highly-recommended, OD-specific, fee-only financial planners.
Disclosure: Some of the links below are paid sponsors of this website. These recommended resources are heavily vetted and researched by Dat and Aaron. We are extremely selective on who we want as sponsors because your trust in us is so vital for ODsonFinance to succeed. If you have feedback or concerns, please don't hesitate to contact us.
Sublease Owners | Practice Owners
Here at IPWM, we subscribe to a core set of investment principles, largely dictated by the great empirical research done in both academia and at Dimensional Fund Advisors (DFA). Our portfolios, and the funds used in those portfolios, subscribe to a set of rules and principles that guide how we see capital markets and how we believe we can help deliver a great investment experience for our clients.
Our goal for this process is to demonstrate, in plain English, how we can serve you in helping you make the most out of your life with the wealth you have and how we bring simplicity, clarity, and confidence to an otherwise confusing, complicated, and intimidating subject: money.
Who do we serve? As the husband of a practicing optometrist, Adam knows the practice and business landscape of optometry has changed significantly in the recent past. So, too, have the financial implications of being an optometrist.
Before committing your time or ours, this 20 to 30-minute phone call will give us both a chance to make sure your situation matches our expertise. We want to get a vision of your goals, intentions, challenges, and opportunities unique to your situation and circumstances. After all, you wouldn’t schedule testing without a patient inquiry.
Contact: Adam Cmejla CFP at email@example.com for any questions
Sublease Owners | Practice Owners
Hayes Wealth Advisors is a fee-only advisory firm that helps optometric practice owners and employed ODs build wealth outside their practices through financial planning and investment management. We collaborate with optometrists to develop a customized Personal Wealth Action Plan, which is a roadmap to a successful financial future and covers the following and more:
- Account and asset positioning
- Cash flow planning
- Tax strategies
- Private sale and private equity practice value and exiting strategies
- Investment strategy and implementation
- Retirement planning
- Risk management review— insurance and estate planning
Owner Natalie Hayes Schmook, MBA, CFP®, CVA®, CEPA grew up in the optometric industry as the daughter and sister of well-known practice management experts. An advisor since 2006, Natalie left her big bank background to apply her planning and investment management skills to the optometric profession.
Contact: Natalie Hayes Schmook CFP at firstname.lastname@example.org for any questions
Associate Doctors | W2, 1099
Prudent Financial Planning is a comprehensive fee-only firm based in Naples, Florida. We specialize in helping young professionals especially optometrists navigate the financial planning process and provide the best solutions for paying off their student loans. Acting as a fiduciary for our clients means we are committed to always putting YOUR best interests first. We provide advice in areas of financial planning, student loan solutions, tax planning, cash flow, investing, insurance analysis, and every area of your financial life. Schedule a free initial consultation today to find out whether working with Prudent Financial Planning is the right fit for you! We work with young professionals, doctors and lawyers who want to get out of debt and make their money to work for them.
- Financial Planning
- Student Loan Solutions
- Cash Flow +Investing
- Estate + Retirement Planning
Promo: Receive 20-25% ODs on Finance Member discount (Starts at $500 and $200/month)
Patrick Logue, founder of PFP, is a Certified Student Loan Professional (CSLP®) and has the advanced knowledge required to provide high quality student loan repayment planning advice within the scope of a holistic financial plan.
Contact: Patrick Logue CFP®, CSLP® | (239) 230-0395 | email@example.com
Annual Report: 2020
Well 2020 has surely been a year! Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve. Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the looming importance of financial education…
8 New Year’s Financial Resolutions
The year 2021 is here. In our opinion, 2021 has it pretty easy. I mean, how much worse can it get after 2020? Joking aside, the beginning of the year presents a great time to take inventory of life and evaluate your financial health for the next 365 days. Here are a few New Year’s financial resolutions to get you started.
What is Tax Loss Harvesting and How Can It Help Me?
What is Tax Loss Harvesting? With tax loss harvesting (TLH) the concept is simple – sell your investments at a loss to reduce your tax liability. In the realm of tax loss harvesting you can “harvest” your losses and utilize them to: How Does Tax Loss Harvesting Work? What is the Wash-Sale Rule? In an…
6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong
We have quite a few ODs on Finance members who are big Dave Ramsey fans, and quite a few who are Dave Ramsey Haters. Here are 6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong and how each OD can optimize them to be even more successful!
Ask the CFPs Part 2 – Perspectives on Investing. (FB Live Event)
Investing has been one of the most discussed topics on ODs on Finance. With the current stock market showing heavy volatility, it is impervious to have a solid understanding of how investing works and how it can help you achieve financial freedom. Our CFP-partners are here today to answer questions on this very subject. Our…
8 Financial Lessons that I Learned during COVID-19
As we approach the end of August, we have experienced the worst market down-spiral in mid-March since the 2008 housing recession, with a -20% stock market crash. Luckily, year to date (YTD), the S&P 500 index has recovered nicely to roughly baseline. While we are not out of the woods yet, I have learned some important financial lessons, both as an investor and as an individual during this once-in-a lifetime catastrophe. Here are 8 things the pandemic has taught me.