Solari Financial Planning centers on the idea that every client is unique. Although many of my clients are physicians and engineers, everyone comes from a different financial background and has individual goals for growing their wealth. Your financial portfolio is like a puzzle, and nobody’s looks the same. I help my clients to focus on both big picture and day to day planning tactics to provide a well-rounded financial strategy.
Physicians & Medical Professionals
Many of my clients are physicians and medical professionals who are working to grow their wealth, plan for retirement, and manage remaining student and consumer debt. When your professional and personal life keeps you busy, and it never seems like there are enough hours in the day, financial planning can often fall to the wayside. This is why working with a financial planner who is versed in your career field and understands the challenges you face can help you create a plan and stay on track. Let’s look at the following case study:
Susan and John were both physicians at different local hospitals. They were in their early 40s, their kids were out of daycare, and they realized it was time for financial guidance. They still had a large sum of student loans, but didn’t know if they should solely focus their income towards it. They had spent hours researching different strategies, but they didn’t know how their spending would impact other goals. We analyzed their tax situation, student loans, college savings options and retirement picture. Together we created a balanced plan to pay down their student loans, implemented a tax savings approach, created a savings plan for their children’s college fund, and carved out a retirement saving strategy.
Engineers & Business Professionals
An equal number of my clients are engineers and business professionals with accumulating wealth. These clients are looking for a planner who can help to guide their finances and always keep their best interest in mind. I strongly believe that as a professional with growing wealth, having a fee-only financial planner in your corner to do the legwork and the research on your behalf to make the best recommendations for your individual financial plan is a necessity. Balancing your investments, tracking savings, and working towards financial goals isn’t always easy – but I aim to simplify things and set you up for long-term success. Let’s look at Jill and Dan’s situation:
Jill and Dan were a couple in their early 50s. Jill was a local pediatrician and Dan was an engineer at a software company. They had worked with another advisor in the past but his focus was always on investments and insurance products. Jill and Dan wanted an independent advisor that would always provide advice in their best interest. They also needed help managing their retirement savings so they can focus on enjoying what matters to them – their family and their hobbies. I meet with them twice a year to monitor their plan and keep them on track.
Disclosure: The scenarios above are illustrative of work done by Solari Financial Planning, but are not actual. Names and details have been adjusted.