Thursday, April 8, 2010

Why are doctors such good clients?

  1. Top 10% of US doctors control over $350 BILLION in wealth.
  2. Even the lower 90% of MDs each earn over $250k per year. (Less than 2% of American households earn over $200k.)
  3. All doctors need advanced legal and financial planning. (In contrast, less than 2% of Americans need asset protection, estate tax, or other advanced planning.)
  4. Their business is "economy-proof" - despite healthcare reform and other changes, the healthcare industry and demand for doctors will increase, not decrease, and isn't as dramatically impacted by economic fluctuation.
  5. Doctors receive extensive medical training throughout their careers, but there is minimal business education to prepare them for the realities of running a medical business and managing their personal assets.

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