Listen in as David chats with author and nationally recognized asset protection attorney Bo Loeffler. David and Bo discuss Bo’s background as a litigator and U.S. Bankruptcy Trustee and how that has helped him as an asset protection attorney. Bo also chats about his experience in representing lottery winners.

David and Bo then dive into a few specific tools often used in asset protection planning, including insurance and exempt assets. They also cover limited liability companies (LLCs) and trusts—discussing the key success factors for each and pitfalls to avoid.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

In this episode, orthopaedic surgeon Dr. David Yanoff joins David to discuss varied topics.

Listen in as Dr. Yanoff shares why he initially became interested in medicine and how his military service guided him into orthopaedic surgery.  He then explains his sudden departure from his first practice for a new town and how that led to building a thriving practice and owning the building where he practiced. 

They discuss this, his process for gradual retirement, and much more, in episode 4 of season 2 of the Wealth Protection for the Modern Physician podcast.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

This episode focuses on the timely topic of the Employee Retention Tax Credit (ERC), which many medical practices may be able to take advantage of for significant tax savings. From its origins in the CARES Act in 2020 and the rules that related to it around the PPP loans and more, to the changes recently enacted by Congress as a part of the Consolidated Appropriations Act of 2021 (CAA).

In conclusion, Carole explains what medical practices should be doing now to see if they are eligible for the ERC.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

In the second episode of Season 2, orthopaedic surgeon Dr. Michael Ast joins David to discuss several topics.

Listen in as Michael explains his interest in becoming an orthopaedic surgeon following a college gymnastic career and his early exposure to business and finance. Michael then describes his first job out of training and the unique focus that practice had on pro-active marketing—and lessons he took away from that experience that all doctors can implement.

Finally, Michael summarizes a lecture he gives on personal branding for physicians. He explains several key success factors that physicians can apply to build a strong brand in their community, encourage referrals and build a busy practice.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

Listen in as David chats with CPA and professional EOS implementer Crystal Faulkner about the Entrepreneurial Operating System and how physicians and practice owners can benefit from using it in their practices or entrepreneurial ventures.

David and Crystal discuss what the EOS is, how it differs from other strategic planning processes, and what the 6 key components of a business/practice are. They then examine the challenge and approach to dealing with people on the team and getting them in the “right seat”.  Crystal then covers the importance of culture and how her clients who use the EOS fared during the pandemic. 

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

Listen in as David chats with Jerry Kelsheimer and Ronnen Isakov, President and Managing Director of Medic Management Group, a national “one stop” solution for healthcare management.

David, Jerry and Ronnen examine several aspects of the business of medicine, including ways that Medic Management Group helps physicians and medical practices. They discuss what “thinking like an entrepreneur” means for physicians and the questions entrepreneurial practice owners should ask. The also cover risks inherent to today’s medical practice, exit planning and more.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

In this episode, retina specialist Dr. Desmond McGuire joins David to discuss everything from his first exposure to ophthalmology back in high school, as well as how his parents influenced his commitment to saving for retirement. Dr. McGuire and David then review how Desi founded his practice by purchasing it from a few physicians and then examine the risk of signing personal guarantees on investment deals, with Desi sharing a private investment deal he was involved in that did not go as planned.  

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

This episode focuses on a timely economic issue – inflation and its impact on investments. You’ll hear from David, as well as his OJM Group partner, Andrew Taylor, CFP, as they discuss inflation basics and what listeners need to know about its impact in May 2021 and in the coming months.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

Listen in as guest host and OJM Group Co-Founder Jason O’Dell chats with Mark Grosvenor, Executive Vice President and Chief Technology Officer for NFP (National Financial Partners).

In his discussion with Jason, Mark covers several important topics for physicians and medical practices, including cyber fraud involved with PPP loans (and practical steps to take to avoid it), what “social engineering” attacks are, what a business should do if they are a victim of cyber fraud. Mark also discusses ransomware and identifies what is typically the weakest cyber security link for a business. Finally, Mark offers tips that individuals and families can use to reduce their risk of hacks and identity theft.

You can find show notes and more information by visiting www.physicianswealthpodcast.com. 

Brad Adatto is a partner at the law firm of ByrdAdatto, a national business and healthcare boutique law firm. As the son of a surgeon, and from a family of many dentists, Brad has a personal connection to the businesses of both medicine and dentistry.

In his discussion with David, Brad covers a number of important issues for listeners, including common compliance red flags in medical and dental private practices, as well as HIPAA, Stark, and anti-kickback rules. Finally, Brad discusses a crucial success factor that every doctor should understand when working with their attorney.

You can find show notes and more information by visiting www.physicianswealthpodcast.com.