He jokes with his wife, who is a Pediatric Pulmonologist, about how brilliant she is and how she doesn’t know that much about personal finance. He then realizes she was never taught about it in medical school, so how would she know? Ryan Inman, Owner of Physician Wealth Services and Host of the Financial Residency podcast says that physicians are culpable to making bad decisions when it comes to their money. In fact, financial planners know this and find that doctors are easy to make a commission from. Ryan is passionate about doing the right thing for his clients as a fee-only financial planner, a type of planner which he explains provides a flat rate for their services rather than a percentage of income or “assets under management” (AUM).

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http://www.doctorsunbound.com/podcast/insider-tips-every-doctor-needs-to-know-about-personal-finance