Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical PlannersTM

Drawing on the expertise of multi-degreed doctors, and multi-certified financial advisors, Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical Planners™ will shape the industry landscape for the next generation as the current ecosystem strives to keep pace. Traditional generic products and sales-driven advice will yield to a new breed of deeply informed financial advisor or Certified Medical Planner™. The profession is set to be transformed by "cognitive-disruptors" that will significantly impact the $2.8 trillion healthcare marketplace for those financial consultants serving this challenging sector. There will be winners and losers. The text, which contains 24 chapters and champions healthcare providers while informing financial advisors, is divided into four sections compete with glossary of terms, CMP™ curriculum content, and related information sources. For ALL medical providers and financial industry practitioners For NEW medical providers and financial industry practitioners For MID-CAREER medical providers and financial industry practitioners For MATURE medical providers and financial industry practitioners Using an engaging style, the book is filled with authoritative guidance and healthcare-centered discussions, providing the tools and techniques to create a personalized financial plan using professional advice. Comprehensive coverage includes topics likes behavioral finance, modern portfolio theory, the capital asset pricing model, and arbitrage pricing theory; as well as insider insights on commercial real estate; high frequency trading platforms and robo-advisors; the Patriot and Sarbanes-Oxley Acts; hospital endowment fund management, ethical wills, giving, and legacy planning; and divorce and other special situations. The result is a codified "must-have" book, for all health industry participants, and those seeking advice from the growing cadre of financial consultants and Certified Medical Planners™ who seek to "do well by doing good," dispensing granular physician-centric financial advice: Omnia pro medicus-clientis. RAISING THE BAR The informed voice of a new generation of fiduciary advisors for healthcare Drawing on the expertise of multi-degreed doctors, and multi-certified financial advisors, Comprehensive Financial Planning Strategies for Doctors and Advisors: Best Practices from Leading Consultants and Certified Medical PlannersTM will shape the industry landscape for the next generation as the current ecosystem strives to keep pace. Traditional generic products and sales-driven advice will yield to a new breed of deeply informed financial advisor or Certified Medical PlannerTM. The profession is set to be transformed by "cognitive-disruptors" that will significantly impact the $2.8 trillion healthcare marketplace for those financial consultants serving this challenging sector. There will be winners and losers. The text, which contains 24 chapters and champions healthcare providers while informing financial advisors, is divided into four sections compete with glossary of terms, CMPTM curriculum content, and related information sources. For ALL medical providers and financial industry practitioners For NEW medical providers and financial industry practitioners For MID-CAREER medical providers and financial industry practitioners For MATURE medical providers and financial industry practitioners Using an engaging style, the book is filled with authoritative guidance and healthcare-centered discussions, providing the tools and techniques to create a personalized financial plan using professional advice. Comprehensive coverage includes topics likes behavioral finance, modern portfolio theory, the capital asset pricing model, and arbitrage pricing theory; as well as insider insights on commercial real estate; high frequency trading platforms and robo-advisors; the Patriot and Sarbanes-Oxley Acts; hospital endowment fund management, ethical wills, giving, and legacy planning; and divorce and other special situations. The result is a codified "must-have" book, for all health industry participants, and those seeking advice from the growing cadre of financial consultants and Certified Medical PlannersTM who seek to "do well by doing good," dispensing granular physician-centric financial advice: Omnia pro medicus-clientis. RAISING THE BAR The informed voice of a new generation of fiduciary advisors for healthcare Content: Unifying the physiologic and psychologic financial planning divide / Bradley Klontz, Ted Klontz, Eugene Schmuckler, Kenneth Shubin-Stein, and David Edward Marcinko -- Physician recruitment and reimbursement models of the future / Hope Rachel Hetico and Brian J. Knabe -- Debt and salary review for medical professionals / Hope Rachel Hetico and Brian J. Knabe -- Hospital fringe benefit plans and stock options / David Edward Marcinko and Perry D'Alessio -- Basic concepts of personal financial planning / David Edward Marcinko and Hope Rachel Hetico -- Rudimentary financial accounting statement analysis / Gary L. Bode and David Edward Marcinko -- Establishing a solid foundation of insurance planning / Thomas A. Muldowney, Gary A. Cook, and David Edward Marcinko -- Modern risk-management issues for physicians / Charles F. Fenton III and David Edward Marcinko -- Personal financial accounting and income taxation / Perry D'Alessio -- Basic medical office tax reduction strategies / Perry D'Alessio -- Introducton to major investment vehicles and concepts / Timothy J. McIntoch, Jeffery S. Coons, and David Edward Marcinko -- Asset protection and planning principles / J. Christopher Miller -- Investment banking, securities markets, and margin accounts / David Edward Marcinko and Timothy J. McIntosh -- Hedge funds / Michael J. Barry -- Market neutral funds / Dimitree Sogoloff -- Real estate investing / Dennis Bethel -- Medical practice as a new asset class / David Edward Marcinko -- Retirement planning practices / Shikha Mittra and Alexander M. Kimura -- Professional portfolio construction / Timothy J. McIntoch, Jeffery S. Coons, and David Edward Marcinko -- Investment policy statement construction / David Edward Marcinko -- Special situations planning / Anju D. Jessani and David Edward Marcinko -- Sales contracting for medical practice succession planning / Charles F. Fenton III -- Techniques of estate planning / Lawrence E. Howes and Stephen P. Weatherby -- Selecting a healthcare focused financial advisory team / David Edward Marcinko and Hope Rachel Hetico Unifying the physiologic and psychologic financial planning divide / Brad Klontz, Ted Klontz, Eugene Schmuckler, and Kenneth Shubin-Stein Physician recruitment and reimbursement models of the future / Hope Rachel Hetico and Brian J. Knabe Debt and salary review for medical professionals / Hope Rachel Hetico and Brian J. Knabe Hospital fringe benefit plans and stock options / David Edward Marcinko and Perry D'Alessio Basic concepts of personal financial planning / David Edward Marcinko and Hope Rachel Hetico Rudimentary financial accounting statement analysis / Gary L. Bode and David Edward Marcinko Establishing a solid foundation of insurance planning / Thomas A. Muldowney, Gary A. Cook, and David Edward Marcinko Modern risk management issues for physicians / Charles F. Fenton and David Edward Marcinko Personal financial accounting and income taxation / Perry D'Alessio Basic medical office tax reduction strategies / Perry D'Alessio Introducton to major investment vehicles and concepts / Timothy J. McIntoch, Jeffery S. Coons, and David Edward Marcinko Asset protection and planning principles / J. Christopher Miller Investment banking, securities markets, and margin accounts / David Edward Marcinko Hedge funds / Timothy J. McIntosh Market neutral funds / Michael J. Burry Real estate investing / Dimitree Sogoloff Medical practice as a new asset class / David Edward Marcinko Retirement planning practices / Shikha Mittra and Alexander M. Kimura Professional portfolio construction / Timothy J. McIntoch, Jeffery S. Coons, and David Edward Marcinko Investment policy statement construction / David Edward Marcinko Special situations planning / Anju D. Jessani and David Edward Marcinko Sales contracting for medical practice succession planning / Charles F. Fenton Indispensible estate planning / Lawrence E. Howes and Stephen P. Weatherby Selecting a healthcare focused financial advisory team / David Edward Marcinko and Hope Rachel Hetico.