Our Client Stories
Meet Amanda
Medical Professional
Meet Amanda
When Amanda came to us over a decade ago, she and her spouse were tired of trying to stay on top of their demanding professions and take care of their finances at the same time. They didn’t know what the right next step was, but they were tired of being spoken down to through rote and unnecessary jargon.
Amanda cared about helping people heal; she wanted that to be her focus, and she wanted to still be headed towards her life goals while she did it.
We started by getting to know Amanda and her spouse. How could we create the right plan for her and her family without knowing how they wanted their life to look? Once we got to know their situation, we cut out the jargon and spoke plainly how we could help them get where they wanted to go.
Now, they don’t worry about the future, at least when it comes to finances. We have a plan that we regularly monitor and make sure that each step they take is in the right direction.
Disclosure: This testimonial was given by a current client. No cash or non-cash compensation was provided for the testimonial. We are not aware of any material conflicts of interest on the part of clients giving a testimonial resulting from their relationship with EVOadvisers.
Some specific planning opportunities for Amanda
Cash Flow
We helped Amanda and her spouse maximize their savings while reducing their student loans, and their tax bill. We helped them create a savings goal and worked with them each year to ensure they were hitting it.
Investment Strategy
Like many medical professionals, Amanda and her spouse were eligible for more than one employer retirement plan. We understand these arrangements, and helped them take advantage of all the available employer matches, and made saving easy. With investing, there is no “one-size-fits-all”, so we determined what she was comfortable with and the return we needed to achieve her goals, then we put the right investment strategy in place. Amanda can sleep at night even when the markets are volatile, and she’s on track for where she wants to be.
Tax Planning
We helped Amanda with a tax plan that lowered her taxable income and took advantage of all the areas of the tax code that applied; she got to keep more of her money and make sure it was working for her.
Risk Management
We made sure Amanda and her family had the appropriate liability coverage for their profession, and disability and life insurance to make sure the kids would be well cared for if anything were to happen.
Estate Planning
With young children at home, it was very important to Amanda and her spouse that the right estate plan was in place to make sure the family would be cared for. We helped them determine what that plan looked like, then worked with their attorney to make sure the documents were completed properly and the action items that resulted from the new estate plan were completed.
