Professionals - Physicians, Lawyers, Accountants, Consultants

Physicians, lawyers, accountants, consultants and other professionals have different needs from other individuals - particularly those professionals who have their own practice or are partners in a firm.

One of the biggest concerns for most professionals is asset protection - ensuring that personal holdings such as investments, homes and cars are secure in the event of a case involving liability. For professionals who are employees of a company, there are the added challenges of determining how to accumulate enough wealth to take you though retirement; creating other investment vehicles beyond the company-sponsored plan; and augmenting the healthcare, insurance and other benefits you may be receiving from your employer.

Professionals with their own firms or practices often have even more complex needs, including balancing personal and business assets; identifying the best tax-advantaged investment vehicles out of the myriad available to them; and determining what to do with your business interest when you're no longer working, particularly in a service-related business with little to no tangible assets. Furthermore, because these professionals are owners of a business, risk management becomes a major issue that must be addressed in any financial plan.

Regardless of whether you own your own firm or practice or are a salaried employee of a company, Cedar Brook can build a plan designed to help you achieve your financial goals. In developing this plan, we would follow our proven six-step process that enables us to fully understand your specific needs and goals and build solutions best suited to your situation. Read more about our six-step financial planning process.