🩺Comprehensive Financial Planning for Physicians and Healthcare Professionals
- Residency-to-Retirement

​Physicians and Healthcare Professionals in Private Practice

and Affiliated with Leading Southern California Healthcare Organizations face a Unique Financial Journey.

Scripps Health, UCSD Health, Sharp Healthcare & Rady Children's Hospital

UCI Health & CHOC

UCLA Medical Center & Cedars Sinai Medical Center

High income coupled with high tax exposure (after residency), delayed earnings leading to delayed savings, lifestyle creep, high cost-of-living, complex compensation models, high liability exposure, demanding schedules and limited time in managing their evolving personal finances.

Our specialized comprehensive financial planning process custom-tailored for physicians and healthcare professionals is designed with you in mind.  Collaborate with us and we will bring order, discipline and strategy, introduce financial and tax efficiencies, minimize taxes and align all aspects

of your financial life - from residency to retirement.  

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Your personalized comprehensive financial plan will function as a roadmap to assist you

make intentional, educated and informed financial decisions - in bring you closer to achieving

your prioritized life goals.

 

And, we will be by your side every step of the way to update and refine

your plan to adjust for changing priorities and unexpected events, provide professional insight, guidance and support, assist with analysis when making key financial decisions (such as selling your home)

and answer questions throughout the year. ​​​

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The 10 Core Areas of Your Financial Life

Our Comprehensive Financial Planning Process

Will Integrate and Align

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1. Financial Goal Mapping

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Define lifestyle, legacy, and career goals with real timelines and financial benchmarks.

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2. Cash Flow & Budget Optimization

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Analyze W-2, private practice and 1099-NEC income and benefit streams, debt obligations, lifestyle expenses and design a realistic and attainable savings strategy for goal achievement. 

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3. Tax Planning & Mitigation

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Design tax-efficient structures, deductions, and entity use to reduce lifetime tax liability.

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4. Real Estate and Investment Planning

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Coordinate real estate and investment allocation with cashflow and after-tax return objectives.

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5. Retirement Planning

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Model early retirement, flexible work options, layered plan funding options and withdrawal strategies.

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6. Education & Family Planning

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Educational funding strategies leveraging 529s, Trump accounts, trust and gifting to fund post-inflation

K-12 and higher-education goals tax-efficiently without draining lifestyle and retirement goals.

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7. Risk Management (Insurance)

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Evaluate disability, life, umbrella, and professional liability coverage for optimal protection, and cost-efficient solutions to fill-in the gaps.

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8. Estate Planning and Wealth Transfer

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Review and discuss trusts, gifting strategies, and tax-efficient generational wealth transfers to accommodate your objectives.  

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9. Private Practice and/or Side Business Advisory

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Evaluate entity structure decisions and multi-entity layers benefits, review, compensation, retirement plan layering options to maximize tax-deductible contributions and benefit plans and options to maximize the benefits of business ownership (vehicle, home office, etc.). and tax efficiencies.

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10. Student Loan Repayment Optimization 

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Analyze and evaluate repayment plan options factoring in significant July 2025 changes.
Model and analyze repayment plan cash out flow requirements, total interest to be paid, breakeven

and payoff timelines to identify the optimal repayment plan and path forward. 

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Common Challenges We See - and Look Forward to

Assisting You Overcome:

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• Lack of coordination between W-2 and/or private practice and/or 1099-NEC income streams

• Significant student loan and/or real estate debt without a clear strategy or assessment of alternate options

• High tax exposure without a strategy or plan to halt the overpayment of taxes

• Desire for more flexibility, financial independence, making work optional, early retirement without a clear plan or strategy to make this possible

• Uncertainty around the financial management and tax efficiency of a private practice or side business venture without a plan to optimize financial and tax outcomes​

• Missed opportunities to create and maximize a retirement funding strategy

• Insufficient risk protection for personal and business assets

• Reactive decision making leading to the overpayment of taxes without a plan to stop this cycle

• Lack of coordination between multiple income streams - leading to overpayment of taxes

• Unclear financial and life goals and/or post-inflation cashflow requirements 

• Real estate, asset purchase and investment decisions made in silos - without a plan or understanding of the tax implications

• Underutilized employer-sponsored plans (403(b), 457(b), HSA), under-utilized business retirement plan tax-deductible employer retirement plan contributions and minimal owner benefit plans

• Lack of coordination between their CPA, wealth advisor and real estate advisors​​​​​​​​

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You’ve worked hard to get where you are today. ​

Now it's time to develop a comprehensive tax strategy

and financial plan to secure the financial future you envision

- and know you deserve. 

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📞 Schedule a complimentary consultation with us today.

 

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We’ll get to know you, review your situation, provide professional insight, get your questions

answered, let you know how we can help you save taxes, and get you from where you are today to where

you want to go - with confidence, clarity and peace of mind.

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Clarity. Confidence. Care. 

Experience the Cobalt PacWest Difference.​