Career Advisory
Optimize your career trajectory with Earned
Earned will arm you with the data and tools you need to navigate your most important career decisions. From evaluating multiple job offers to considering taking on a side gig to the preparation needed to buy into or sell a practice – once you decide, we’ll work with you to help maximize your financial life around that decision.
Insights to understand the tradeoffs of being an employee versus a practice owner
Advice for navigating the benefits and drawbacks of taking on 1099 income such as locum tenens or telehealth work
Business transition planning for a career change, including selling your practice or retiring
Why it's important:
Your lifetime earnings as a doctor represents your largest financial asset. Knowing your worth, being paid fairly, and getting the most from a practice sale are key strategies to maximize the impact of your career on your net worth. We will arm you with the data and tools you need to ensure that you don’t leave money on the table when it comes to your career.
See how Earned supports doctors with:
Developing a strategy for selling a practice on the right timeline
This doctor had built a successful practice and was targeting a future practice sale. Rather than waiting until she was ready to sell, we worked with her right away to develop an optimal timeline for selling her practice as well as strategies for increasing the value of the practice prior to sale. Doing so enables her to maximize the value she deserves in the timeline that fits best for her professional career and personal life. Scenarios presented are for illustration purposes and may not be typical of all clients. Individual results will vary.
How it works
Your Advisor will review your sources of income and related tax considerations, including evaluating the impact of side gig income, upcoming contract renewals, job changes, practice sale or other transitions
See how Earned is working to achieve your goals
Through the Earned Wealth App, you will clearly see how Earned is working on your behalf to achieve your goals. Seamlessly share information and connect with your Earned Advisor when it works for your schedule.
Explore the Playbook
Our Doctor Wealth Playbook is a proprietary process that we use to identify, prioritize, and action wealth creation opportunities for our doctor clients. Explore the next pillar in the playbook, Insurance.
Your assets are secure
Your assets are custodied at Fidelity and protected by SIPC. As one of the nation’s largest institutional custodians, Fidelity oversees $4 trillion in assets under administration. Fidelity’s financial stability, its compliance with industry regulations, and its insurance protection via the Securities Investor Protection Corporation (SIPC) all serve to help safeguard your investments.
Frequently Asked Questions
We’re here to partner with you in all career transition points including negotiating a new full-time role, taking the leap to become an independent contractor from a full-time role, and helping you plan to sell a practice.
Career
Report: Professional Fulfillment among Physicians Trending Downward
Nearly half of working physicians are unsure if they would decide to practice medicine again if given the choice.
Career
The Changing Landscape of Physician Noncompete Agreements
Industry experts estimate that at least 37% of American physicians have signed noncompete agreements as part of their employment. While these agreements have typically forced doctors to relocate when taking a new job, a wave of new legislation is poised to change how physicians navigate the industry.
Financial Planning
Money Management for Doctors
Our goal at Earned is to provide the financial education and advisory that physicians deserve, so we’ve put together a list of the 5 main tips about money management for doctors, so you can learn what they are and how to plan around them.
Financial Planning
Should You Rent or Buy Your Home?
Rewarded by the IRS and encouraged by financial advisors, owning one’s home has long been celebrated as both the cornerstone of the American dream and the central pillar of lifelong financial security. But is it always the right option?
Disclosures
The information in this communication was prepared for educational purposes only and is not a solicitation to buy or sell any security or insurance product, nor an offer to provide investment advice. All examples are for illustrative purposes only and may not be relied upon for investment decisions. Nothing contained herein should be construed as legal or tax advice and is not intended to replace the advice of a qualified tax advisor or legal professional. The information presented may have been compiled from third-party sources we believe to be reliable but cannot guarantee its accuracy or completeness.
This communication contains past investment recommendations for illustrative purposes only. Earned Wealth makes no assurances, nor should it be assumed, that recommendations made in the future will be profitable or will equal the performance of the securities included in this presentation. Due to various factors including changing market conditions, such recommendations may no longer be appropriate; nor should any past recommendation be taken as personalized investment advice.
Earned Wealth is an SEC-registered investment adviser. Additional information about Earned Wealth, including its services and fees, is available online at http://adviserinfo.sec.gov/.
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Investment advisory services offered through Earned Wealth, an SEC-registered investment adviser.