Travis Bearden

Financial Advisor @Northwestern Mutual

Dallas-Fort Worth, TX, US

As a financial advisor who focuses on serving the needs of Medical Practitioners, I provide guidance on the most up to date insight in how a young resident or fellow transitions best into their attending role. My commitment to the profession enables me to assist physicians through all stages of practice development, from startup,through expansion, to practice succession. I deliver insights to sole practitioners and multi-practitioner partnerships alike. I have access to a wide variety of quality risk mitigation tools. They can be customized to meet the needs of physician practices of various sizes. I offer tax-efficient solutions for the benefit of physicians and their employees. I collaborate with teams specially formed to serve the needs of the physician in either public or private role such as business appraisers, attorneys, bankers, and CPAs to optimize finances, tax-efficiencies, and legal arrangements to maximize long-term practice value. We’ll unlock value created during the working years to structure a secure, tax-efficient, lifetime retirement income stream that results from a successful business transfer. Creating a plan for current and future student loansDiscuss when it\'s appropriate to own life and disability insuranceDevelop a plan for post-training income and cash flowEducation on contract negotiations with private practiceHow to create good financial habitsSystematic savings strategies for buying a house, retirement, etc.Deployment of tax-efficient retirement programsBalance sheet friendly key-person insurancePrecisely timed funding of buy-sell agreementsIncreased safe-dollar yield on tax-advantaged liquid assetsEmployee benefit program financing with cost recoveryLet’s collaborate and develop an intelligent financial management plan that closely aligns your objectives with financial strategies that are cost effective, tax-efficient,and structurally sound for the long term.