Personalized Financial Planning

Financial planning is a broad topic that covers vast areas of your financial life. Through our personalized approach, we’ll work with you to uncover what’s important to you and help get you on track to achieve your goals. 

A sound financial plan is one that’s comprehensive and addresses each one of your financial needs – from protection planning, to wealth management. We offer guidance for each stage of your career and personal life from training, to retirement, to estate planning.


From start to finish our financial planning process typically takes 6-8 weeks depending on scheduling availability.


Get to Know You

(20-30 mins)

Determine What is Important to You & Gather Your Information

(90 mins)

Review Your

(15-30 mins)

Summarize the Analysis & Outline Recommendations

(30-45 mins)

Discuss Key Topics & Assign Action Items to Implement Your Plan

(90-120 mins)
90-120 Days Later

Check In on
Action Items

(60 mins)
At Least Annually

Track Your

(60-90 mins)

Get to Know You

Understand Your Questions Call: Before establishing our ongoing relationship, we want to ensure that SDT is the right fit for your needs. Through a casual conversation, we will ask you questions and help answer your questions to see what next steps are most appropriate. If financial planning seems to be the right fit, we will schedule a Goal Setting and Data Gathering meeting.

Determine What is Important to You & Gather Your Information

Goal Setting & Data Gathering Meeting: During this meeting, we want to hear about the things that are important to you and that you wish to achieve both personally and financially. We also want to hear about the things that keep you up at night. Then, assuming you are well positioned financially and ready to engage, we will send you our formal engagement for signature and begin the process of creating your financial plan.

Review Your

Data Confirmation Call: We will provide a detailed checklist of information to upload that will help us to begin analyzing your financial plan. Next, we collect your documents, create an inventory, and review your information to ensure no stones are left unturned. Then, through a follow-up phone call, we will ask new questions based on our review to ensure we understand the what and the why of your past financial decisions.

Summarize the Analysis & Outline Recommendations

Review of Findings Call: After analyzing your information and outlining our recommendations, we want to confirm we are on the same page and help set our agenda for the strategy meeting. At this stage, we will give you a high-level overview of the analysis to use your time most efficiently during the strategy meeting.

Discuss Key Topics & Assign Action Items to Implement Your Plan

Strategy Meeting: During this meeting, we will start by reviewing the financial plan reports on topics such as Net Worth, Cash Flow, Taxes, Protection Planning, College Planning, Retirement Planning, and Estate Planning. By the end of the meeting, we will assign action steps for you and for us to start putting your plan into action. Because of the amount of information being reviewed, this meeting is often diluted into two separate sessions.

Check In on
Action Items

Status Check-In Meeting: Since the strategy meeting can easily create dozens of action steps for you and us, it is helpful to regroup six to eight weeks after the strategy meeting. During this meeting, we will gather updates from our last meeting, list out any unfinished items, and provide you with a brief tutorial of our online client portal.

Track Your

Progress Meeting: At least annually, we will collect updated information from you to chart the progress you have made. In addition, we will review your goals, make updates, incorporate external changes (e.g., tax laws, investment markets) and make recommendations to help you stay on track for what is most important to you.

The 6 Money Decisions™

We have discovered in life there are six money decisions people encounter.

We help you develop a plan to build wealth by making smart decisions around these six categories that a financial plan needs.

Tiers for Our Financial Planning Services:

Transition Planning

$0 - $1,000 annually

In the early stages of your career, we help as you transition into practice to establish short-term goals, including cash flow analysis, home purchases, student loan repayment strategies, protection needs, and more.

  • Financial Organizaton
  • Budgeting
  • Emergency Fund Planning
  • Student Loan Analysis
  • Insurance Review
  • Benefit Enrollment
  • Home Buying & Financing
  • Contract Review
  • Basic Estate Planning

Foundation Planning

$1,800 - $3,000 annually

As your financial situation grows and develops, we establish a solid foundation through goals such as insurance planning, investment strategies, employer benefits, retirement projections, and college funding.

Includes Transition Planning
  • Income Planning
  • Expense Planning
  • Retirement Planning
  • College Planning
  • Tax Planning
  • Practice Buy-Ins
  • Portfolio Risk Alignment
  • Surgery Center Buy-ins

Comprehensive Planning

$3,000 - $4,800 annually

When your financial scenario becomes more complex, we take a comprehensive approach to incorporate more advanced financial strategies.

Includes Foundation Planning
  • Advanced Tax Planning
  • Practice Ownership
  • Real Estate Investments
  • Stock Options
  • Non-Purpose Lending
  • Charitable Giving
  • Trust Planning
  • Legacy Planning

Retirement & Legacy Planning

$1,800 - $4,800 annually

As you look ahead at retirement, we help you create a sound strategy for lifetime income. Some want help balancing their income needs, tax liability, and concerns about the future. Many begin to think about their legacy and their impact on family and the community around them.

  • Social Security Planning
  • Medicare Planning
  • Retirement Expense Analysis
  • Distribution Strategies
  • Guaranteed Income
  • Insurance Review
  • Legacy Planning
  • Tax Planning

Practice Services

$4,800 - $25,000 annually

For owners and partners managing their own practice, we can provide additional services and advice to help them maximize the wealth potential.

  • Cash Flow, Tax and Compensation Review
  • Capital Project and Loan Strategy
  • Retirement Plan Optimization and Monitoring
  • Insurance and Benefits Review
  • Partnership Strategy and Transition Planning

Examine Your Financial X-ray

Your financial x-ray is a look at every financial decision you’ve made – good or bad, right or wrong. It’s a financial overview that shows you what you own, what you owe. The difference between the two is considered your net worth.

Many physicians and dentists in training have a negative net worth due to student loans - this is typical and shouldn’t discourage you. The main reason to start understanding your net worth now is to see how it increases or decreases over the years. You can positively affect your Financial X-Ray by either saving money (adding assets) or paying down debt (decreasing liabilities).

Understanding Budgeting and Cash Flow

It’s important to develop a budget early on as part of a strong financial foundation to increase your awareness of where your money is going and how much you are saving. It’s a common misconception that budgeting gets easier when you have more money. You've heard it: “Mo’ money, mo’ problems.”

A budget will help you develop habits of saving, even if just $20 a month at the beginning. Which is all a part of knowing your cash flow. No matter where you are in your career, your cash flow is key.

Protect Your Assets with Insurance Coverage

Protect your practice and those who matter most with an insurance plan that covers your needs. With most of your education behind you and a future full of potential earnings ahead of you, you need a plan to protect your future income.

We suggest a Detailed Needs Analysis (DNA) to assess these different types of protection to create a solid defensive plan: Disability income insurance; Life insurance; Personal liability like auto insurance, homeowners insurance, malpractice insurance, and health insurance.

Saving and Investing for Retirement Planning

Your Offensive Investment Plan consists of planning for your cash needs in the future. Depending on your stage of life, your offensive planning needs will vary. While in training, it is often best to focus on your short term goals. After you’ve completed training, it will be important for you to work towards medium-term goals (paying off student loans, purchase new car, kids education, etc), then reaching your long-term goals (retirement, dream vacation).

Once you have established your short-term, medium-term, and long-term goals, create a funding strategy. Establish a retirement distribution strategy, determine long-term retirement objectives, make key distribution decisions, calculate social security benefits, and navigate plan adjustments before retirement. 

Tackling Debt Management and Borrowing

The easiest way to manage debt is to stay out of it, but that’s not always an option for residents and fellows. More than likely your current debt, although it may seem high, is probably at its lowest point. If you have $200,000 in student loan debt, but no mortgage, your debts are lower now than they will be if you eventually buy a home.

Considering questions like these can help you take control of your money: What is the best option to pay off your student loans? How much house can you afford? How much car can you afford? Understanding debt management now is important for putting yourself in the best position as you acquire more debt and create a plan for paying it off.

Tap Into Our Knowledge

Ready to expand your financial knowledge? Our team of experts has compiled a library full of resources hand-selected to help you navigate some of the most important life decisions you will ever make. Here you will find blogs covering the latest pro-tips and financial trends, podcasts addressing common financial concerns in the medical industry, how-to videos, and more. 

View More Resources

They care about you as a whole - it’s not just financial planning. I’ve told many people about SDT because having a plan has saved us so many times. It has given us more financial freedom, allowing us to be smarter on the front end to be able to plan for the future.


- Dr. Megan, SDT Client

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