Specialized Financial Advice For Physicians
We understand how you think and the challenges you’re up against.
We’ll help you navigate them so you can grow the wealth you’re entitled to.
Before founding Rx Wealth Advisors, I wanted to become a physician, but my career path led me in a different direction. During my years advising clients, I discovered that I enjoy guiding doctors as they navigate the ever-changing health industry. With over 20 years of experience working with a wide range of wealthy clients in the Pittsburgh area as well as nationwide, I’ve now shifted my focus to helping physicians capitalize on their background and experience as pressure from litigation, Medicare and insurance rises.
My journey began at Ernst & Young and a Pittsburgh regional CPA firm, where I consulted clients on business and personal income tax planning, gift and estate tax, financial planning and more. After that, I spent over 17 years at Waldron Private Wealth, where I advised wealthy, successful doctors, lawyers, entrepreneurs, and multi-generational inheritors and their families on complex wealth issues.
When I’m not meeting with my clients, I provide educational insight by speaking at industry conferences and contributing content to The Wall Street Journal, Bloomberg, Barron’s, The Pittsburgh Post-Gazette Medical Economics, and Financial Advisor Magazine. I also am a seven-time Five Star Wealth Manager Award winner.
In my free time, I volunteer at The Bradley Center (a residential mental health treatment facility for children) and serve on the Washington County Habitat for Humanity board of directors.
If you like picking investments and trying to beat the market, ask Google. If you want real-world investment advice on how to grow your wealth — ask us.
Our investment philosophy is rooted in three core principles:
Through financial science and heavily-research academic models, we’re able to uncover — and utilize — your wealth’s long-term potential.
No wild guesses
Instead of spending our time guessing which “hot” mutual fund manager or stock will outperform, we allow the markets to work for you.
We determine the appropriate return necessary to achieve your goals; then, we use that number to formulate how aggressive you should be and where you should invest your hard earned money.
Our Code of Ethics
We’re product agnostic.
We aren’t partial to any single product, and we don’t think you need to be either. We don’t believe in pushing a product just to sell it, so you can rest assured we won’t.
We aren’t money managers, market pundits or fortune tellers.
Anyone who thinks they can tell you which way the market will go also probably has a bridge to sell you. We can’t give you the future today, but we can help you plan for it.
We don’t traffic in guesswork.
We think it’s a bad idea to base big decisions on wild guesses. We don’t run our planning and investments that way, and we won’t run yours that way either. We rely on heavily-researched financial science and proven financial planning strategies to make our recommendations.
Be wary of buzzwords (especially “customization”).
This term is misleading, if you ask us. We know that your situation isn’t like anyone else’s; however, there’s no proven benefit to customizing financial models. So we don’t use them. Instead, we opt for financial science models built to suit your individual needs.
We put skin in the game.
We walk our talk, which means we don’t advise you to do anything we’re not doing.
You don’t have to be wealthy to be seriously committed to and focused on taking professional advice and growing your wealth.
Do we only work with super rich doctors? Nope. We work with healthcare professionals at all stages and phases of their career and financial life who are seriously committed to and focused on growing their wealth. Because when it comes to growing wealth, it’s not just about cash — but rather potential.
Serve the person, serve the wealth.
Your wealth is an extension of you; it’s a resource. The best advice doesn’t just serve your money — it supports your well-being and mindset. So, any decisions we make are less about shear market numbers, and more about what you can and want to live with and for.
An ounce of prevention is worth a pound of cure.
You’d rather ward off a disease than try to cure one, right? That’s how we see the health of your money, too. We use prevention measures to ensure your wealth can thrive.
Wealth, like health, is a science
and an art.
Between the diagnosis and the medical intervention, there is a grey area — that’s where critical decision-making comes in. The same goes for your money. We can’t guarantee any one outcome any more than you can guarantee a patient perfect health. There is an art to what you, and we, do, and that means that the decisions we make together will be different for you than for anyone else.
Want to challenge us? Go for it.
That’s one of our perks of working with educated professionals — they come with their own thoughts, their own research and thought-out questions. We take no offense to the issues or concerns you want to raise and are happy to have an intelligent discussion with you about how this can work for you.
We know a lot; we don’t claim
to know everything.
We know quite a bit about our industry and outcomes — but, like you, we’re always learning, and striving, to stay abreast of what’s happening so we can provide the best results for you and the people who matter most.
Opinions are overrated.
When it comes down to it, what we think about what’s happening pales in the face of what actually is. So, we give financial advice based on reality in order to identify how to leverage what’s really happening to your benefit. We’d rather support your prospects than our opinions.