Step 1

DocEmpowered Foundation

The Cornerstone of Our Next-Gen Financial Planning Model

Our 12-week process works like a SOAP note:

• Subjective: We spend an hour understanding the values that drive you in your career and personal life. We identify the significance that money plays in your life and career, and this insight informs the rest of the financial planning process. Like a patient history, this is the most important part of the process. For that reason, it is free and occurs before you commit to becoming a DocEmpowered client. If you decide DocEmpowered is right for you, we move on.
• Objective: We spend up to 2 hours gathering all necessary financial data (e.g. paystubs, tax statements, bank/investment statements, insurance/benefit statements, etc.) from you to understand your current financial situation. The purpose of this step is to help us objectively identify your financial strengths, weaknesses, and blind spots while also helping to make your financial life more organized and manageable.
• Assessment: Up to ten 60-minute sessions where we analyze and evaluate your current financial status, and provide individualized education, coaching, and mentorship on both traditional and non-traditional financial planning issues specific to you as a physician. Example topics may include:  
  • Sustainable and stress-free cash flow management
  • Ensuring fair compensation (relevant MGMA data included)
  • Proactive tax planning to maximize your take-home compensation
  • Ensuring your investments are evidence-based, manageable, and appropriate for your short-and long-term goals.
  • Selecting appropriate tax entities for your businesses
  • Protecting your income/wealth from loss through insurance or other means of asset protection
  • Personalized student loan management strategies
  • Educational savings for your children or dependents
  • Optimizing use of employee benefits/retirement accounts
  • Estate and legacy planning to protect and empower your family and community
• Plan: A final 1-hr meeting where we present our deliverable to you: A high-yield, easy-to-follow financial plan that will position you for both short- and long-term financial wellness and empowerment as defined by your values. Just like shared decision-making with our patients, we ensure that this plan is both evidence-based and in accordance with your values and goals for the best chance of success.
• Cost: $8000. A 20% discounted cost of $6400 is available for trainees, first-year attendings, full-time academic physicians, and physicians whose student loan balance is more than double their annual physician income (subject to verification).

Ready to schedule your personalized consultation with Stan?

Step 2

DocEmpowered Premium

DocEmpowered Premium is an optional, concierge-style service designed for results-oriented physicians who want guidance, accountability, and mentorship as they implement their DocEmpowered Foundation plan

• Proactive coordination and meetings with your other financial professionals (e.g. accountant, estate planning attorney, etc.)
• Annual Spring meeting to redefine your mission and legacy based on changes in your career/life, and to update your 12-month financial plan accordingly
• Annual Autumn strategy meeting focused specifically on proactive tax planning.
• Up to 12 additional hours per year of on-demand meetings, coaching, mentoring to ensure completion of your plan. These may include:
  • Regular meetings to ensure we are making progress on your DocEmpowered Foundation plan
  • Addressing unexpected changes in your financial situation or financial law/regulations.
  • Guidance and walkthroughs of your financial tasks as needed
  • Skills-based coaching on critical financial soft skills such as negotiation, presenting an argument, and email communication
  • Knowledge-based advising on relevant financial topics as they arise.
  • Mindset-based counseling to promote financial wellness and harmony with spouses/partners.
• Must have completed DocEmpowered Foundation to qualify. Cost: $800/month. A 20% discounted cost of $640/month is available for trainees, first-year attendings, full-time academic physicians, and physicians whose student loan balance is more than double their annual physician income (subject to verification).

Ready to schedule your personalized consultation with Stan?

Step 3

DocEmpowered Master

An optional service designed for DocEmpowered Premium veterans who are far more financially empowered, don’t need nearly as much help and want to be rewarded with a massive discount in financial planning fees.

• 50% discount in fees – we incentivize you to outgrow us!
• Same concierge-level service as DocEmpowered Premium with a lower cap on on-demand meetings (up to 6 hours instead of 12).
• Must have been a DocEmpowered Premium client for 12 months to qualify. Cost: $400/month. A 20% discounted cost of $320/month is available for trainees, first-year attendings, full-time academic physicians, and physicians whose student loan balance is more than double their annual physician income (subject to verification).

Ready to schedule your personalized consultation with Stan?

How much will you save with DocEmpowered?

Ready to schedule your personalized consultation with Stan?