Business Details
24 Years
experience
Emergency
services
Trusted Fee-Only Financial Planning & Investment Management
Wealth Care has provided independent, fee-only financial planning and investment management services since 2002. Founded by a physician-turned-financial planner with over two decades of medical practice experience, our firm combines deep healthcare industry knowledge with specialized financial expertise. Our team of certified professionals offers comprehensive services including tax planning, asset protection, estate planning, and retirement strategies tailored to physicians, dentists, and other healthcare professionals.As fiduciaries, we maintain strict independence with no product sales or commissions, managing over $3 million in assets for 200+ families nationwide. Our concierge-style approach ensures availability beyond traditional business hours, while virtual services extend our reach across the United States.
Services
Financial Planning
Investment Management
Tax Planning
Estate Planning
Asset Protection
Retirement Planning
Virtual Services
Healthcare Specialization
College Savings
Insurance Analysis
Details
- Year established: 2002
Highlights and features
- Fee-only fiduciary advisors with no product sales or commissions
- Specialized expertise in healthcare professional financial needs
- Concierge-style service available beyond traditional business hours
- Comprehensive planning covering tax, estate, and retirement strategies
- Nationwide virtual financial management since 2002
Associations and certifications
- Certified Financial Planner Board of Standards
- Registered Investment Advisor (RIA)
Services
Comprehensive Financial Planning
We develop personalized financial roadmaps addressing tax optimization, retirement readiness, and estate preservation. Our planners analyze cash flow, risk management, and long-term goals to create coordinated strategies. Clients receive ongoing adjustments aligned with evolving life circumstances and market conditions.
Investment Management
Our evidence-based investment approach focuses on diversified asset allocation tailored to risk tolerance and financial objectives. We implement low-cost, tax-efficient portfolios with quarterly rebalancing. Regular performance reviews ensure alignment with clients' changing needs and market dynamics.
Healthcare Professional Planning
Tailored financial solutions address unique challenges faced by physicians and dentists, including practice transitions, student loan management, and liability protection. Our team combines clinical industry knowledge with specialized financial expertise to optimize compensation structures and career-phase planning.
Estate Planning Coordination
We collaborate with legal professionals to implement effective wealth transfer strategies. Services include trust structuring, beneficiary designations, and tax minimization techniques. Regular reviews ensure documents remain current with legislative changes and personal circumstances.
Virtual Financial Advisory
Secure digital platforms enable comprehensive financial guidance for clients nationwide. Video consultations, encrypted document sharing, and online portfolio access maintain personalized service quality while eliminating geographic limitations for our fee-only advisory services.
People
Steven D. Podnos
Principal & Founder
Physician, CFP, and former Air Force Colonel with 20+ years medical practice experience. Developed specialized financial strategies for healthcare professionals after transitioning from pulmonary medicine to fiduciary advisory services in 2002.
Rachel Podnos O'Leary
Financial Planner
JD and CFP with legal expertise in financial planning. Former military family member understands unique challenges of healthcare professionals. Specializes in estate planning and tax-efficient wealth transfer strategies for medical practitioners.
Lauren Podnos
Certified Financial Planner
CFP with experience at major institutions like Fidelity and TIAA. Focuses on comprehensive financial planning for healthcare professionals, combining technical expertise with personalized service to address complex financial situations.
Questions
What makes Wealth Care different from other financial advisors?
We operate as true fiduciaries with no product sales or commissions, specializing in healthcare professionals' unique financial needs through our medical industry expertise.
Do you work with clients outside Florida and Texas?
Yes, our virtual services platform allows us to work with healthcare professionals nationwide while maintaining personalized, concierge-style service.
How are your investment management fees structured?
Fees start at 1% annually on the first $1 million, decreasing incrementally for larger portfolios with a minimum annual fee of $7,500.
What experience do you have with physician clients?
Our founder practiced medicine for over 20 years, and our team has developed specialized planning strategies addressing medical professionals' unique compensation structures and liability concerns.
Can you help with practice transition planning?
Yes, we provide specialized guidance for practice buyouts, succession planning, and business structure optimization tailored to healthcare providers' needs.
Do you offer 24/7 client support?
We maintain concierge-style availability beyond traditional business hours to accommodate healthcare professionals' demanding schedules.
