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
Residential Real Estate Investing with Dr. Julie Phan
Five Ways to Accumulate Short Term Wealth Through Investing
“How do I save money for the short-term to accomplish financial goals like saving for a down payment? A vehicle purchase? An engagement ring for my sweetheart? Or a rental property purchase?” These are questions that many young doctors ask us when we do our normal spew about long-term retirement investment. Everyone has different financial…
Health Savings Account (HSA)
What is a Health Saving Account (HSA) aka “Stealth IRA”? Alright, let’s chat about the Ninja in the Room (Haha, I crack myself up) which is the Health Saving Account (HSA). If you are enrolled in a high-deductible health insurance plan, you can open an HSA either outside or via your employer. For 2019, the…
7 Reason why Indexed Universal/Whole Life Insurance Suck
During the lifetime of ODs on Finance, we have received quite a few messages from doctors, family and friends about Indexed Universal Life Insurance (IULs). IULs are promoted to mimic the Index SP 500 return. They are basically Whole/University/Variable insurance in disguise and present a variety of unneeded complications. Don’t fall for them! An important…