Focusing On The Present With An Eye On The Future
Dr. Sean Palmer is a partner in a successful gastroenterology practice. Dr. Palmer and his longtime medical school friend Dr. Anne Lee started their gastroenterology practice 10 years ago. During this time, their practice has grown, and they have added several physicians to their practice and expanded to additional locations in their area. With healthcare evolving, Drs. Palmer and Lee have been approached to sell their practice. Although they have considered it, they have decided to focus on continuing to build their practice. They are looking for help in the following areas:
- Practice management
- Human resources and benefits planning
- Tax planning, both business and personal
- Asset preservation
- Retirement planning
- How each of these impact personal goals
It's a scenario that describes many of the physicians we serve – effectively balancing their professional and personal goals. As with many aspects of life, balance is essential. We can map out a plan that takes all these goals into account. We help them analyze their options and design strategies to navigate the complexities that physician practices face in today’s world.
This case study is for illustrative purposes only. Individual cases will vary. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Prior to making any investment decision, you should consult with your financial advisor about your individual situation.
