GUEST POST: 3 Ways Financial Advisors Get Paid

GUEST POST: 3 Ways Financial Advisors Get Paid

[FPMD: The following guest post is authored by Dave Denniston of Capital Advisory Group Advisory Services LLC. We have no financial relationship.]

I get this question a lot - "How do financial advisors get paid?"

If you want to work with a financial professional, it may be beneficial to know how they get paid. It can be an awkward question to bring up when you're trying to decide whether or not to jump into a relationship that may last a lifetime, which is why I'm telling you this now...

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GUEST POST: Student Loan Repayment Assistance Beats Sign-on Bonuses

GUEST POST: Student Loan Repayment Assistance Beats Sign-on Bonuses

For major healthcare organizations, sign-on bonuses have long been a recruiting tool for enticing the best and the brightest doctors, nurses, and specialists. A lump sum paid directly to the new hire shortly after on-boarding is a smart way to show how invested an employer is in the new employee and his or her success on the job.  According to the Medicus physician recruiting firm, nearly 90% of physicians hired through the firm received a signing bonus last year, up from 68% in 2015.  On average, a sign-on bonus for a new physician is $24,802. However, employers may benefit in attracting top talent through student loan repayment assistance programs rather than sign-on bonuses in the near future.

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Why Students Should Go to the Cheapest Medical School

Why Students Should Go to the Cheapest Medical School

Future Proof MD has long been a blog for medical students and residents.  Today I want to expand on that audience just a little and speak to those aspiring college students who are looking to commit to career in medicine.  There are many considerations that go into the important decision of choosing a medical school.  I hope to share with you my admittedly biased opinion.  The following post also represents my first article as a Doximity Fellow.  You can read the entire post at Doximity Op-(m)ed.  An excerpt is provided below.

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GUEST POST: 5 Mistakes Physicians Make with Their Investments

GUEST POST: 5 Mistakes Physicians Make with Their Investments

Have you ever heard of someone becoming wealthy by investing in some get rich quick scheme?

Yeah, me either.

Wealth is not only created by how much one can make during the good years; it's also created in how much one can persevere in the down years.  That said, avoiding some of the common investing mistakes that many doctors make will help set you up for long term success. Here are five of them:

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GUEST POST: Why Resident and Fellow Physicians Struggle With Mortgage Financing

GUEST POST: Why Resident and Fellow Physicians Struggle With Mortgage Financing

Without a doubt physicians entering residency or in training struggle the most with mortgage financing.  Residents and fellows get declined for a mortgage at a much higher rate than other clients. Most underwriting guidelines – even physician loan programs – don’t fully acknowledge and address the unique set of challenges most residents and fellows are up against.

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GUEST POST: 4 Ways to Protect Your Financial Data

GUEST POST: 4 Ways to Protect Your Financial Data

The internet has made it easier for us to keep an eye on our bank account, save money and even invest online.  Yet with it comes more chances for risk.  Cyber criminals have created millions of different malware programs designed to steal your financial data.  For many victims, the banks or credit card companies are usually fast enough to notice suspicious activity.  In these cases, you just have to go through the hassle of replacing your card.  If you’re unlucky, though, it could lead to thousands of dollars in bogus charges which can affect your credit score and even job prospects.

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GUEST POST: Beginner's Guide to Bureau of Health Workforce Scholarship and Loan Repayment Programs

GUEST POST: Beginner's Guide to Bureau of Health Workforce Scholarship and Loan Repayment Programs

Did you know that the Bureau of Health Workforce (BHW), which is part of the federal government's Health Resources and Services Administration (HRSA), provides its own scholarship and loan repayment programs for students pursuing careers in the health workforce?  There are four programs to which students may want to consider applying.  They have varying eligibility requirements, funding offerings and application deadlines.

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