Some of our most popular courses and modules are listed below. A typical module requires 30-45 minutes of instruction, and is often followed by 15 to 30 minutes of questions and answers. We can teach any combination of these, and are happy to develop other modules or courses if you’re unable to find what you need on this list.
Personal Finance Essentials for Medical Professionals – This is our most popular course. It covers the basics of personal (or family) financial decision making, and typically requires 10-12 hours. This broad course touches on all the major fields of personal financial planning and aims to provide you with a comprehensive perspective of necessary decisions along with a nuanced understanding of the trade-offs that come with constrained decision making. There is also an 8-hour version (usually more appropriate for younger physicians) which omits the estate planning and asset protection portions. Check out the free online, modularized version of this course.
Module 1: Axioms of financial decision making
Module 2: The Pillars of Wealth (Stocks, Bonds, Real Estate, 529 College Saving Plans, etc.)
Module 3: Household budgeting
Module 4: Developing and safeguarding your human capital
Module 5: Professional development timeline
Module 6: Managing debt
Module 7: Risk and decision making
Module 8: Reviewing your employment contract
Module 9: Estate planning
Module 10: Asset Protection
Module 11: Insurance (life, disability, malpractice, property and casualty, long term care)
Module 12: Working with a financial advisor
Investing Basics – Take Control of Your Nest Egg – This course focuses on investing basics. It aims to equip you with the necessary tools to level the investing playing field and avoid having to pay high fees that can severely harm your nest egg. The course explains what it means to be a passive investor with a long-term horizon and provides experiential learning which includes assembling an investment portfolio. The course typically requires 6-8 hours for delivery.
Module 21: The financial marketplace
Module 22: Traditional asset classes: Cash, Stocks, Bonds, and Real estate investing
Module 23: Risk and return tradeoffs
Module 24: Active vs. passive investing strategies
Module 25: Assembling a passive investment portfolio
Module 26: Alternative asset classes: Hedge funds, Private equity, Venture Capital, Commodities
Module 27: Basic taxation concepts
Module 28: Investment accounts (401(k), 403(b), Traditional IRA, Roth IRA)
Dealing with Financial Advisors – Don’t be a Sitting Duck! – Want to get more out of your financial advisor relationship? Young doctors know they need financial products but they don’t know which ones to get or whom to trust. In turn, doctors are often viewed as prime targets by financial service providers. This course usually extends over 4 to 6 hours and is designed to help you protect your family’s interests by understanding:
Module 31: The insurance agent’s perspective
Module 32: The investment manager’s perspective
Module 33: Some key do’s and don’ts
Module 34: Your responsibilities in an advisory relationship
Module 35: What purpose(s) do advisors serve and where can they add value (and where not)?
Module 36: Should you accept financial advice from medical colleagues?
Module 37: Should you Do-It-Yourself?
Business and Finance Essentials for Medical Practitioners – This course is designed for medical practitioners who own private practices or are contemplating launching them. It provides a basic introduction to important considerations for owners of medical practices. The course usually extends over 6-8 hours.
Module 41: Planning timeline
Module 42: Managing human resources
Module 43: Financial management
Module 44: Practice dynamics
Module 45: Corporate risk management
Module 46: Purchasing an existing practice
Coming soon: Real Estate Investing
Please contact us to discuss how we may assist with your financial education needs.