Medical Professionals

Doctors help save and prolong lives. They have a financial life cycle as well. This case study shows how we guided a new doctor and his family through the phases in his financial life.

Opportunity

One of our clients, now a doctor, received a significant signing bonus from his new employer. However, he had accumulated $300,000 in student loan debt during school and residency. He and his young family needed financial guidance. They wanted to create a nice lifestyle, pay down debt, save, and do good.

Solution

As we do for all individual and family clients, we employ a disciplined multi-step approach to finding a tailored solution. We met several times with the couple, discussed their investment style, risk tolerance, budget, portfolio allocation, insurance, education and retirement needs, and tax, estate, and legacy planning goals.

Outcome

Three years later the couple has done better than they expected. They have built an emergency cash fund, established and funded a joint retirement and education fund, and researched the charities they want to begin supporting. They have been able to pay off one-third of his student debt.

Next Steps

Learn how Greenwood Capital’s comprehensive and personal approach can help you achieve your unique goals.

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Request a Meeting

Every investor has a unique story. Your challenges and results may differ. If you would like to request a consultation meeting to discuss your situation with one of our consultants, you may request a meeting here.

This example is inspired by real client scenarios; however, personal details and specific circumstances have been altered to protect client privacy. These examples are for illustrative purposes only and should not be viewed as testimonials or endorsements of our services. Recommendations were tailored to each client’s unique circumstances based on personal information gathered at the time. Due to varying circumstances, the individuals referenced may no longer be clients. Clients are not required to implement recommendations: outcomes will vary based on individual circumstances and whether recommendations are followed.