Category Archives: Asset Protection

Steven Podnos, MD, CFP – wealthcarellc.com

Click here to listen to this episode

Tune into to hear Dr. Steven Podnos, principal of Wealth Care LLC, fee only investment advisor and physician share his wealth of experience and knowledge about:

  • The tricky way some financial advisors mislead about fees and the difference between fee only and fee based practices.
  • Common physician retirement planning mistakes
  • What to do if your retirement plan is high cost and underperforming
  • Common mistakes physicians make when protecting their assets and how to avoid them

Click here to listen to this episode


Dave Denniston, CFA – daviddenniston.com

Click here to listen to this episode

We’re talking with Dave Denniston, physician focused financial advisor and he reveals 7 Secrets to Reducing Taxes for Doctors, including:

  • Why contributing to your employer sponsored retirement plan is essential and how much that will save you in taxes
  • What overlooked strategy many hospital employed docs miss out on
  • Why utilizing your HSA plan is a no brainer
  • How having 1099 income in addition to your employment income can result in great tax deductions

Click here to listen to this episode


Travis L. Bowen, Esq., bowenlaw.com

Click here to listen to this episode

Travis Bowen is president and founder of Bowen Law and received his law degree, cum laude, from Brigham Young University. In 1985, Travis founded Bowen Law, and over the last three decades, he’s focused on designing and implementing advanced tax and estate planning strategies for high net worth individuals. Travis talks about the importance of having a system to coordinate all the moving parts involved in a physician’s tax, legal,insurance and asset protection life. Travis stressed the importance of:

  • Having the end in mind whatever the venture is and then build the plan to reach that goal
  • Making sure you have a plan in place to maintain your risk management
  • Building a wall between investments and personal assets so they are not at risk in the event of a liability

Click here to listen to this episode


Eric Halvorsen – UMAFS

Click here to listen to this episode

Our guest today is Eric Halvorsen, Certified Financial Planner and MBA from the Utah Medical Association Financial Services or as they’re more commonly known UMAFS. Eric and the UMAFS team offer physician specific financial planning and investment advice. We dive deep with Eric and talk about:

  • Why he likens one’s financial life as a marathon, and why he sees dedication and consistency as crucial to your financial goals and success
  • What the DALBAR Study is and why the findings about emotions and logic are relevant to you in your investment strategy
  • What an investment policy statement is and how that can keep you on track and working towards your investment and financial goals
  • Why UMAFS likes Dimensional Funds and how they can be a great tool to help you in your investment goals as well
  • Click here to listen to this episode


Paul Larson – Larson Financial Group

Click here to listen to this episode

Paul Larson is CEO of Larson Financial Group, one of the nation’s largest doctor exclusive financial advisory firms and serves over 4,500 physicians and dentists nationwide. Paul shares how he began working exclusively with physicians. He shared:

  • Why his company has a foundation that goes to impoverished areas and employs people and how that has benefited their physician clients
  • How his group is able to employ a holistic approach and help with many aspects of a busy doctor’s financial decisions – car buying or leasing, contract negotiation, home buying, and taxes to name a few
  • What DFA funds are and how they can minimize risk, lower fees and get a good return
  • Why the habit of saving money early on is important
  • How his company’s book Doctor’s Eyes Only can guide you through the process of financial planning

Click here to listen to this episode


Dr. James Dahle – White Coat Investor

Click here to listen to this episode

Dr. James Dahle, editor of www.whitecoatinvestor.com and the rising star of physician financial advice and straight talk about success was kind enough to share his time and expertise with us and talked to us about:

  • What got him so interested in getting a financial education and why he shares that knowledge with other docs
  • How med students can minimize student loan debt and why that is so important
  • Insurance and why it is imperative that you have the right kind
  • The importance of creating profitable habits for your success
  • His new book The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing

Click here to listen to this episode