With over 30 years of experience in the financial planning industry, as well as a host of awards with her name on it, Julianne Andrews is a passionate Wealth Manager for her clients. For Julie, however, her entry into financial planning came about rather organically. After receiving her MBA, Julie began her professional career as a financial analyst for a Fortune 100 company in its strategic planning area. Although preparing financial forecasts for a large corporation was interesting, she felt she could apply those same skills to individuals and families in a more impactful and meaningful way. With two children at home and a third on the horizon, Julie wanted a fulfilling career that would afford her the opportunity to help families like hers achieve financial success. Thus, having long had an interest in financial markets, she decided on a career in personal financial planning—work she found to be profoundly rewarding.
In 1992 Julianne co-founded Atlanta Financial Associates, and over the years has distinguished herself as one of the most respected wealth advisors in the nation. In addition to being named to the Forbes list of America’s Top Women Wealth Advisors* two years in a row beginning in 2017 and Forbes list of Best-in-State Advisors* since 2018, she’s also consistently been featured in the Wall Street Journal for receiving the Five Star Professional Wealth Manager** designation. Julie has also been the recipient of the Women’s Choice Award® for Financial Advisors***, a distinction given to a select number of advisors in Georgia and across the nation. She has been quoted in local, regional and national publications such as the Atlanta Business Chronical, Medical Economics and U.S. News and World Report.
As both a Co-founder and a Wealth Manager at Atlanta Financial Associates, Julie works closely with her clients to help them achieve their long-term financial goals, whether it’s early retirement, sending their children to college, or starting a business. Furthermore, as the spouse of a successful pediatrician, Julie was naturally inclined to develop a specialty working with physicians and medical practices to assist them in meeting their financial goals. As a result, she has the privilege of being the only financial planner to serve as a blogger for Medical Economics.
A graduate of Purdue University, where she earned her Bachelor’s degree in Industrial Engineering with distinction, Julie would later go on to earn her Master of Business Administration from the University of Virginia where she graduated with top honors. Julie currently lives with her husband, Dr. Andy Andrews, in Atlanta, as do all three of their children who are now grown and married. When she’s not working, Julie and Andy love to travel and spend time at their lake house in north Georgia with their children, grandchildren and two dogs. Family is very important to Julie and nothing makes her happier than seeing her grandchildren smile.
*The 2019 ranking of the Forbes’ Top Women Wealth Advisors and Best-in-State Wealth Advisors List was developed by SHOOK Research and is based on in-person and telephone due-diligence meetings to evaluate each advisor qualitatively and on a ranking algorithm that includes client retention, industry experience, review of compliance records, firm nominations, and quantitative criteria (including assets under management and revenue generated for their firms). Overall, 29,344 advisors were considered, and 3,000 were recognized. The full methodology that Forbes developed in partnership with SHOOK Research is available here.
This recognition and the due-diligence process conducted are not indicative of the advisor’s future performance. Your experience may vary. As your specific needs and circumstances may vary, you are encouraged to conduct your own due diligence. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. SHOOK does not receive a fee in exchange for rankings.
**Based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. In 2018, 3,248 Atlanta wealth managers were considered for the award; 287 (9 percent of candidates) were named 2018 Five Star Wealth Managers. These awards are not indicative of the wealth manager’s future performance. Your experiences may vary. For more information, please visit. www.fivestarprofessional.com.
***The Women’s Choice Award® Financial Advisor program was created by WomenCertified Inc., the Voice of Women, in an effort to help women make smart financial choices. The Women’s Choice Award Financial Program is based on 17 objective criteria associated with providing quality service to women clients, such as credentials, experience, and a favorable regulatory history, among other factors. Financial advisors do not pay a fee to qualify for the program. The inclusion of a financial advisor within the WCA Financial Advisor network should not be construed as an endorsement of the financial advisor by WomenCertified Inc. or its partners and affiliates and is no guarantee of future investment success.
At the start of a new year, many of us sit back and make resolutions about a number of different things. It may be spending more time with your family, losing weight, traveling more, any number of things that are important to you. These are probably things that you have resolved to do previously but many times as the year goes on, you find that your resolve has dissipated.
However, resolutions around financial goals can be different. Many of these are things to consider and decide on. At the end of the process, you can feel confident that you have considered what is important for your financial health and move forward to the end of the year resolving to do the same the next year.
Believe it or not, some financial advisors do not have to abide by their own version of a Hippocratic Oath. As a physician, you are a fiduciary, a professional who is obligated to put your patients’ best interest first. But, did you know that not all financial advisors are required to abide by a fiduciary standard? As a physician, you have a Hippocratic oath. It’s a smart idea to find a financial advisor that is bound to the same set of standards to serve your interests first. Here are three things you should ask in your search for a financial advisor.
Recently, my husband and I took care of our 12-month old granddaughter while our daughter and son-in-law took a much-needed vacation together. When they dropped her off, their parting words were, “She is almost ready to walk, but make sure she waits until we get home!”
Famous last words… Of course, as soon as they left the house, she was trying to walk – literally everywhere. And after about 24 hours she was taking her first baby steps. By the time they arrived back three days later, she was walking (a little unsteadily but walking none-the-less) and was very proud of herself. Great strides in just a few days but predicated on all of the trial and error and lessons learned in the months before.
Financial planning is a little like this. You’ll make mistakes along the way – everyone does. But you will do a lot of things right as well and the important thing to remember is that your financial health is based on doing the little things right, all along the way.
So, what should you be doing when you are 22, 52 or 72? Here are three important tips for each decade.
The tax law changes in 2018 dramatically reduced the deductibility of many expenses and increased the standard deduction dramatically. However, these same tax reforms cleared the way for individuals and families to continue to support the causes they believe in while still potentially minimizing their taxes. However, this new approach requires planning ahead and an understanding of how “bunching” deductions work.
The tax law changes that went into effect in 2018, changed many things but tax planning moves are still available that can be implemented before the end of the year that can reduce your taxes in 2019. Whether you are self-employed or a W-2 employee, there are strategies available now that can reduce your tax bill if you act before the end of the year.
Whether you are a physician who is still in residency or have enjoyed a mature career and are nearing retirement, strategic tax planning is critical at any stage of a high-income earner’s journey. Smart planning throughout your career not only helps to alleviate tax burdens on a year to year basis, but works to maximize your income in retirement, as well.
Unfortunately, even though the average physician spends roughly a decade in graduate school and training, there is little to no education provided on personal finance or tax planning. With this in mind, we’ve compiled a list of the top 5 tax planning strategies that can specifically benefit hard-working physicians looking to reduce their taxable income and improve their lifetime income stream.