We sit down with Lauren Oschman of Vestia Advisors to demystify how to choose a financial advisor who truly understands physician life, from RVUs and contracts to maternity leave and disability. We dig into independence, credentials, and fee models so you can interview with confidence.
• What real financial planning includes beyond investments
• Why independence and conflicts of interest matter
• CFP and ChFC credentials and specialized expertise
• Fee structures explained: commissions, AUM, flat fees, hybrids
• How physician finances differ and why stakes are higher
• Risk management, asset protection, and insurance fit
• One question that reveals decision support through change
• How to connect with Lauren and find more resources
If you are interviewing a financial advisor, Lauren recommends starting with these five key questions:
1. Do you work with doctors? If so, how many?
Understand their experience with physician households and how familiar they are with the financial realities of medical careers.
2. What will you actually do for me?
Go beyond investments. Ask for real, practical examples of how they support clients in areas like contracts, compensation, loans, disability claims, maternity leave planning, and more.
3. Are you independent?
Clarify whether they provide unbiased advice or are tied to a specific bank, insurance company, or private equity structure.
4. What are your qualifications?
Look for respected designations such as CFP or ChFC, and ask about any specialized credentials that may be relevant to physician families.
5. How do you get paid?
Understand their fee structure and identify any potential conflicts of interest in how they earn compensation.
Follow Lauren on Instagram or visit her website for contact details and to learn more about her services.
If this conversation was meaningful to you, feel free to reach out or share it with a friend, your partner, or another physician spouse navigating similar decisions. Also, please consider subscribing or leaving a review to help more physician families discover the show.
Connect with me on Instagram or email me at [email protected] with your thoughts, topic ideas, questions, or even guest suggestions.