CASE STUDY
Dr. James Pressley
Place of Employment : Boston Orthopedics
Specialties : Foot & Ankle, General Orthopedics
Surgeon in Search of His Own Practice
Orthopedic surgeon Dr. James Pressley has been working at a joint practice with five other surgeons since graduating from medical school ten years ago. Although he has successfully established a reputable personal brand on his own, he struggled to figure out how to independently expand on it further without taking time from his practice.
Before reaching out to Physician Financial Planning, Dr. Pressley believed he was at his financial and philanthropic peak. However, when we discussed advancing his financial portfolio and building upon his assets, he had no idea we would grow his brand as well. We immediately explored new charitable endeavors and liquidated expendable assets to establish a startup savings account. In addition, by organizing profitable financial stakes in Dr. Pressley’s name, we were able to make his reputation known within professional circles he may not have reached otherwise.
About John Pressley
Dr. James Pressley graduated at the top of his class at Harvard Medical in 2010 and accepted the opportunity to work there as a teaching surgeon and classroom instructor. After securing a partnership at his current practice, he opted to stay on-staff at Harvard as a recurring speaker and invited guest lecturer. Dr. Pressley also regularly uses his philanthropy fund (created in partnership with PFP) to donate to medical research efforts at Harvard and other institutions around the world.
Our Strategies
We helped Dr. Fillmore to organize and budget for investments that will supplement his already established retirement fund. Strategies to help him in his retirement include ongoing budget monitoring and management, investing in low-maintenance properties, and tax minimization. We’re also currently helping Dr. Fillmore to develop his legacy plan.
The Conclusion
Short - Term Goals
- Get finances in order to build own practice
- Further develop philanthropic portfolio
- Become nationally known as an established, personal medical brand
Long - Term Goals
- Leave current joint practice
- Open own private practice
- Remain financially independent after retirement
Goal Results
- Stable philanthropy fund established
- Investment return nearly doubled
- Immobile assets liquidated and profit invested
- IRA selected and instated
Note: The above case study is hypothetical and does not involve an actual Physician Financial Planning client. No portion of the content should be construed by a client or prospective client as a guarantee that he/she will experience the same or certain level of results or satisfaction if Physician Financial Planning is engaged to provide investment advisory services.
The team at Physician Financial Planning showed me that I was far from done in terms of achieving success; in fact, I had barely even started! They are single-handedly responsible for being the key to opening doors I never even knew existed.
