In recognition of their work with area health care executives and physicians, Hurley Associates has been named an MD Preferred Affiliated Insurance Practice. Each year, US Medical Specialties, Inc., a national medical consulting firm, recognizes excellence in service to the medical community in a number of professional disciplines including real estate, insurance, accounting, banking, financial and legal services. The goals of the MD Preferred Program include identifying, acknowledging and promoting agents who provide service excellence to the medical community.
As a group, we know you and we know what you are thinking. No, we can’t read your mind, but we do hear the same questions and concerns over and over again. So that gives us pretty good idea of the things that are important to you, as a physicians.
You are very popular! Everybody wants your business. Physicians are highly sought after by all sorts of industries. Real estate agents want to sell you a big home. Auto dealers want to sell you a luxury vehicle. And of course, financial service providers want your loans, your insurance, your savings and investment business. When it comes to financial services, where do you start? Who do you trust and what do you need? Perhaps we can help.
While employer-provided disability insurance plans can certainly have value, they don’t always provide the full protection that you would want and need to have if an injury or illness kept you from practicing your craft. However, you can often supplement your employer plan with a personal policy having a custom benefit package. For example, personal policies can offer long term “specialty coverage” that most employer groups do not provide. As a group, physicians understand the value of disability insurance more than most other professions. However, they do not always understand the subtle differences in policy language or how that language can significantly impact their lives should a disability occur.
We hear this from newly practicing physicians all the time. So, is it a good idea? Maybe. Maybe not. While we completely understand the rationale of starting out on the right foot by eliminating debt, it can be counterproductive to put your financial decisions in a vacuum. It makes more sense to look at the big picture and then make decisions on how to manage the debt. If you are fresh out of residency or fellowship, going from $50,000 a year to four or five times that much, literally overnight, is a huge deal. Seasoned, professional advice is crucial at this point in your life and will help you to put things in perspective so that you can make better decisions. Remember the butterfly effect – every action has consequences – often unintended.
You want this to be easy, yet thorough. You want true value with minimum investment. Of course you do! Everybody is busy – especially physicians. So you require a streamlined financial strategies process that you don’t have to spend a lot of time thinking about – but you understand. Whether we are providing financial education programs through a hospital system or meeting one on one with you, our overall objective is the same – to provide information that is accurate, valuable and relevant. We cater to physicians. We know your challenges and concerns. It’s what we do best. Let us do what we do best, so you can do what you do best.
Let’s put it another way. If I hadn’t exercised in 20 years, would you tell me it’s too late to start? Probably not. Starting an exercise program today may be more challenging because of age or physical condition, but it can still have a positive impact on your well being. Similarly, taking a “big picture” look at your financial life and your objectives, then creating and executing a comprehensive plan, even at mid life or beyond, can have a positive impact on your financial well being. Certainly, time lost could create challenges, but we are up the challenge if you are. Having worked with physicians at every stage of life, our financial professionals are well equipped to take you through the planning process to find solutions that fit your needs as well as your wants.
A very large percentage of our clients are physicians. In other words, we are physician specialists. It should be clear that we have a very good understanding of the challenges that you face now and will continue to face as you advance through your career or transition to a lighter schedule or even retirement.