Each year, Medical Economics asks physicians about their top challenges for the new year. During the 2018 end-of-the-year polling, this leading healthcare publication posed a more provocative question: “What is ruining medicine for physicians?” An overarching theme that emerged from the 2018 poll centered on how the business side of healthcare is demanding more of physicians’ attention than any other issue – even patient care. From continuing education requirements to continued declines in reimbursement rates to hard-to-use EHR systems and payer relations, there seems to be fewer hours left in physicians’ days to do what they do best and were trained to do – diagnose illnesses and treat patients. As a Wealth Manager and the spouse of a physician, I’ve called out four of the nine “pain points” that I found most relevant to a physician’s finances:
Atlanta Financial Press Releases
Atlanta Financial Associates and Biggers Blackmon Join Forces
Twenty-six-year-old Alabama firm affiliates with established Atlanta-based financial advisors
Atlanta, GA – October 24, 2018 – Atlanta Financial Associates, an award-winning, independent financial advisory firm, today announced that Biggers Blackmon, LLC, a wealth management firm formerly based in Eufaula, Alabama, will be joining their operations. The principals of the two firms came to know each other through a mutual association with Commonwealth Financial Services and enjoy a similar approach towards operations and customer satisfaction. Combined the two firms will unite more than 50 years of financial advisory services.
“This affiliation is a great move for the clients of both firms,” said Atlanta Financial Associations (AFA) co-founder and partner Cathy Miller.
“We’re better together and our clients will reap the rewards in terms of more efficient operations, expanded customer service and, in some instances, reduced fees,” elaborated Biggers Blackmon founder Janis Biggers.
Biggers Blackmon was founded by Janis Biggers in 1992. Biggers’s experience with a big-four accounting firm as well as in financial operations management with an agri-business company paved the way for the formation of her wealth management practice.
Atlanta Financial Associates was founded by Cathy Miller and Julianne Andrews in 1992. They were joined by Rick Henderson in 2012 and made the announcement of an evolutionary change in their business, becoming an independent Registered Investment Advisory (RIA), earlier this year. The joint initiative is a nod to the success of this transition.
As part of the combined efforts, partner Chris Blackmon will be permanently relocating his offices to Atlanta. Janis Biggers will continue to see clients by appointment only in Eufaula.
After the affiliation is complete, the combined firms will be known as Atlanta Financial Associates and continue to conduct operations at the AFA offices located at 5901-B Peachtree-Dunwoody Road, Suite 275, Atlanta, GA 30328.
ABOUT ATLANTA FINANCIAL
Since 1992, people have been turning to the advisors at Atlanta Financial Associates to help them build a wealth management plan that reflects their vision and can stand the test of time. Our ability not only to meet this expectation, but to exceed it, is based in large part on the commitment we make to every one of our relationships. We take the time to understand your full life picture—your values and perspectives, as well as where you are now and where you want to go. Adding to this is the fact that we have access to comprehensive resources, leading technology, and innovative tools. For more information about Atlanta Financial, please visit www.AtlantaFinancial.com.
Advisory services offered by Atlanta Financial Associates, Inc.
What would you do if you received a major financial windfall? Would you buy a new house or vacation home, give some to your family members, donate to your favorite charity, or take the trip(s) that you have always dreamed about?While most people will not receive a major financial windfall during their lives, it is not uncommon. You might receive a financial windfall by:
When I first sit down with prospective new clients to learn about their finances, one of the most common issues we come across is how spread out investment accounts are. We may have a brokerage account here, an IRA there and, very often, an old 401(K) or two still sitting in a previous employer’s plan. There are plenty of reasons why a 401(K) may be left behind with a prior employer – it could have gotten lost in the shuffle of beginning a new job, it may have just seemed like too much of a hassle to move the plan, or perhaps you took the time to roll the plan into an IRA but your employer made subsequent contributions you didn’t know about. These accounts, affectionately referred to as “orphans,” are becoming more and more common given the increasing frequency of job-hopping, especially among Millennials. So, who do these orphan accounts belong to and more importantly, what can be done about them?
Are you prepared to protect your assets in case you get sued? Hopefully this won’t happen to you, but the hard reality is that successful, financially secure individuals, especially business owners and professionals, are targets — a magnet for actions such as lawsuits and torts. For example, more than a third of physicians (34%) have had a claim filed against them at some point in their careers.1 For business owners, 36-53% of small businesses are involved in at least one litigation in any given year.2 Even if these claims or lawsuits are frivolous, they can be frustrating and potentially devastating to your financial well-being.