Financial Planning for Pain Management Physicians

Pain physicians often earn high incomes from several sources at once: clinical pay, ASC distributions, and ancillary profits. That income can be uneven, and much of your net worth may be tied up in a practice you can't easily sell. Physician Planning Partners is an introduction service. We connect pain physicians with independent, qualified financial professionals we select to partner with, people who already work with specialty physicians.

Questions pain physicians bring to a financial professional

• "How do I plan around uneven income?" Procedure volume, payer timing, and personal-injury settlements can make cash flow lumpy. A planner can help you build reserves and a spending plan that fits.
• "What retirement plan fits a practice owner?" Owners often compare 401(k), profit-sharing, and cash-balance designs. These choices also affect staff, so coordinate them with your CPA.
• "Am I covered if I can't perform procedures?" Interventional work depends on fine motor skills and standing for long cases. Own-occupation disability coverage is a common topic.
• "How much of my wealth is in the practice?" Concentration in a practice or ASC is a real risk, and planners often discuss diversifying outside the business over time.

How a financial professional may approach your plan

1. Map your income sources, debts, and goals.
2. Review insurance (disability, life, umbrella) and how it's owned.
3. Coordinate retirement plan design with your CPA.
4. Build an investment approach suited to your timeline and risk tolerance.
5. Revisit the plan when something changes, such as an ASC buy-in, a partner exit, or a sale.

The professionals we introduce are independent. They are responsible for their own licensing, recommendations, and fees, and you should ask how they're paid (flat fee, hourly, percentage of assets, or commission) before you engage.

How the introduction works

1. Tell us your stage, from early career to partner to nearing retirement, and what's on your mind.
2. We suggest one or more independent financial professionals we partner with.
3. You meet with them directly. There's no obligation.

Frequently asked questions

Is Physician Planning Partners a registered investment adviser?

No. We don't manage money or give investment advice. We introduce you to independent professionals who are licensed to do so.

How are the financial professionals you introduce paid?

It varies by firm. Ask each one to explain their compensation and whether they act as a fiduciary for the services you're considering.

I'm an employed pain physician, not an owner. Is this for me?

Yes. Employed physicians have their own questions, like retirement plan choices, disability coverage, and student loans.

What does the introduction cost?

Nothing. We may receive compensation from partner businesses, as described in our disclaimer.

Physician Planning Partners is an introduction service, not an investment adviser, and this page is general information, not financial advice. See our disclaimer.