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Physician's Resource Services

Physician's Resource Services

Insurance & Financial Services | Physician's Resource Services

  • Client Login
  • Schedule Consult
  • Who We Are
    • Firm Overview
    • Meet Our Team
    • Community Involvement
    • News & Articles
  • How We Help
    • Services for Residents & Fellows
    • Services for Practicing Physicians
    • Services for GME Programs
    • Tax & Bookkeeping Services
    • Special Needs Planning
  • Get in Touch
    • Austin Office
    • Houston Office
    • Fort Worth Office
    • Galveston Office

Services for Practicing Physicians

Home How We Help Services for Practicing Physicians

“Isn’t it comforting to know you only need to take a series of tiny steps,
consistently, over time, to radically improve your life?”

Darren hardy

Whether you are just starting out or have been in practice for years, we can help you move toward the goals you have for your finances, your practice, and your life in general. It all starts with getting to know you and learning where you are now, where you’d like to be, and what your personal and professional priorities are. Once we know that, we believe we can help you get on the right path to accomplish your goals. We hope this will provide you with more financial clarity, confidence and peace of mind.

For more than 20 years, we’ve been working with physicians like you to help maximize and protect what they’ve worked so hard for. In that time, the field of medicine has changed a lot, leaving a lot of physicians anxious about what the future holds for them financially. You can rest assured that when you partner with Physician’s Resource Services, you’ll have a team in your corner helping you navigate the waters and stay on the right path.

Our Services Include

Click any icon below to learn more


Insurance


Retirement Planning


Tax Planning


Debt Management


Asset Protection


Estate Planning


Charitable Planning


Employee Benefits

You spend all your time helping people with their physical health. Let us help you with your financial health.

Insurance

Running a medical practice comes with the risk of lawsuits and property damage. One potential solution is to invest in professional liability insurance that will guard against errors and omissions, in addition to other insurance options that can deflect negative consequences to your reputation and practice. With the help of adequate policies, you will have greater resources available to cover a claim without jeopardizing your practice or your bank account. We have experience with most types of insurance coverages:

  • Life Insurance
  • Disability Insurance
  • Long-Term Care Insurance
  • Business Overhead Insurance

← Employee Benefits

Retirement Planning →

Retirement Planning

Retirement planning for physicians requires unique strategies due to the length of their medical training and the debt load incurred. As a physician, you likely didn’t start working and saving in a 401(k) or Roth IRA until your 30s. This means you missed out on 10 years of potential retirement savings that you’ll need to recover. We can help you build a solid plan that can help enable you to catch up and preserve your nest egg while maintaining your existing lifestyle.

← Insurance

Tax Planning →

Tax Planning

Tax planning is an essential element of any wealth management strategy. Our professionals will help you devise strategies designed to maximize tax efficiencies.

← Retirement Planning

Debt Management →

Debt Management

Many young doctors start their careers deeply in debt and are anticipating loan payments that will last for decades. At Physicians Resource Services, we can assist you with a strategic approach to managing your loans and eliminating medical school debt as quickly as possible.

← Tax Planning

Asset Protection →

Asset Protection

It’s not what you earn, it’s what you keep that determines your wealth. In addition to taxes, this wisdom can be easily applied to anything from liability claims and lawsuits to bankruptcy and divorce, so it is essential for a physician to have a strong asset protection plan in place. There are many financial strategies that can be employed to protect your assets from lawsuits. Asset protection is only one component of your long-term financial planning, but it is an important building block for lasting wealth. We can help you protect your wealth, savings, and investments, as well as your future income.

← Debt Management

Estate Planning →

Estate Planning

Estate planning for physicians is a complex endeavor that requires shielding assets and maximizing income growth and tax benefits. We understand these challenges and present our clients with innovative solutions that are applicable to their unique challenges and circumstances. Our team will help you evaluate how beneficiaries will be affected by your decisions, and strategize how to best preserve wealth and transfer your assets to future generations.

← Asset Protection

Charitable Planning →

Charitable Planning

Our comprehensive legacy planning and charitable gifting services make it simple to support the organizations and causes that are important to you. We will work with you to help you design and implement the right planning strategy to meet your charitable funding goals that will enable you to catch up and preserve your nest egg while maintaining your existing lifestyle.

← Estate Planning

Employee Benefits →

Employee Benefits

Offering a highly competitive compensation package enables you attract and retain the best staff and adds enormous value to your practice. Solid plans strengthen employee loyalty and are key to ensuring both you and your employees meet your financial goals. We can help you coordinate your benefits to best meet everyone’s needs. This leads to a longer working-life span of your staff, with employees who remain loyal to you for many years. We can help you with a variety of benefit options including:

  • 401(k)
  • Short-and Long-Term Disability
  • Long-Term Care Insurance
  • Employer Paid Benefits and Voluntary Benefits
  • Life insurance

← Charitable Planning

Insurance →

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"You dedicate your life to helping patients with their physical health;
 let us help you with your financial health."

Request a Consult

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  • Austin: (512) 334-6200

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Austin

6500 River Place Blvd,
Bldg 7, Suite 250
Austin, TX 78730

Houston

6414 Fannin,
Suite G-115
Houston, TX 77030

Fort Worth

John Peter Smith Hospital
1500 South Main St.
Room 02-0181
Fort Worth, TX 76104

Galveston

Rebecca Sealy Building
404 St Mary’s Blvd
Suite 5.408
Galveston, TX 77550

Advisory services offered through PRS Investment Advisors, a Member of Advisory Services Network, LLC. Insurance products, bookkeeping and tax preparation services offered through Physician’s Resource Services. Advisory Services Network, LLC and Physician’s Resource Services are not affiliated. This site contains links to articles or other information that may be contained on a third-party website. Advisory Services Network, LLC is not responsible for and does not control, adopt, or endorse any content contained on any third-party website. The content provided is for educational purposes only. Please consult your investment professional, legal or tax advisor for specific information pertaining to your situation.