WFP Blog Listing

Should You DIY Your Finances or Hire Help? How to Decide

heather@wrennefinancial.com (Heather Lovallo, CFP®) — Tue, 31 Mar 2026 00:01:38 GMT

For many physicians, it can be difficult to know the "right" way to approach personal finances

You have the ability to figure it out, but the real question is how it fits into your life, and what you might miss if you’re navigating it on your own. So if you’ve ever found yourself thinking, “I probably should be able to do this… but I’m not totally sure I want to,” you’re not alone.

Is This the Year to Hire a Financial Advisor? What Physicians Should Consider

daniel@wrennefinancial.com (Daniel Wrenne, CFP®) — Wed, 28 Jan 2026 22:05:34 GMT

The beginning of the year is often a time when people reflect on many areas of their lives, including their finances.

Physicians are no different. What is different is that physicians tend to have financial needs that look different from those of their peers who pursued different career paths. With long training periods, delayed earnings, big student loan balances, and complex career paths, financial decisions are anything but straightforward.

If you are a physician debating whether 2026 is the year you decide to work with a financial advisor or financial planner (these terms are often used interchangeably), we’ll highlight a few things to keep in mind as you start having introductory conversations and meeting with potential advisors. We've also designed a Financial Advisor Interview Checklist to help give you concrete questions you can ask and guidance on what to listen for, so that you can find someone who fits what you need now and what you'll need in the future.

Start the New Year Strong With These Personal Finance Book and Podcast Recommendations

theresa@wrennefinancial.com (Theresa Scheu, CFP®) — Mon, 05 Jan 2026 16:55:27 GMT

We've compiled a list of our team's top personal finance reads and listens

Some are personal finance classics, while others challenge conventional ways of thinking about personal finance. We also have a couple of recommendations for the young readers in your life.

This post was originally published in December 2024 and has been updated for the new year to include additional recommendations from new team members, along with recently released books from several of the authors featured below.

How Physicians Can Maximize Benefits This Open Enrollment Season

jen@wrennefinancial.com (Jen Quire, CFP®) — Thu, 30 Oct 2025 20:15:29 GMT

It's That Time of Year Again: Open Enrollment Season. For Many Physicians, It Can Feel More Stressful than it Should.

Medical school taught you how to treat complex conditions, but it didn't prepare you to compare insurance plans, weigh deductibles, or understand the alphabet soup of benefits. We see this all the time with our clients, and you are not alone if you feel overwhelmed.
Here are some key things to keep in mind as you prepare for open enrollment, along with a few common pitfalls we see physicians run into.

Trick or Treat? Separating Good Advice from Scary Sales Pitches

jeff@wrennefinancial.com (Jeff Wenger, CSLP®, CFP®) — Thu, 30 Oct 2025 19:27:38 GMT

Trick or treat? When it comes to financial advice, it isn’t always easy to tell. What sounds like genuine guidance may actually be a sales pitch in disguise.

With higher incomes and less time to carefully vet every recommendation, physicians are especially vulnerable to sales tactics, which makes it essential to recognize the difference between true advice and a sales pitch.

Summer Is Flying By—Is Your Financial Plan Still on Track?

daniel@wrennefinancial.com (Daniel Wrenne, CFP®) — Wed, 30 Jul 2025 18:18:07 GMT

We start the year with the best intentions. Set goals. Make plans. Maybe even write them down. But by the middle of the year, life tends to take over.

Maxed Out Your Workplace Retirement Plan? Smart Ways to Keep Saving

jeff@wrennefinancial.com (Jeff Wenger, CSLP®, CFP®) — Mon, 30 Jun 2025 01:40:34 GMT

Maxing out your workplace retirement plan might give you a false sense of being on track.

Diversify Like a Pro: What Physicians Need to Know

jackie@wrennefinancial.com (Jackie Griggs, CFP®) — Thu, 29 May 2025 23:45:10 GMT

Why a smart investing strategy isn’t just about what’s done well lately

If you're like many physicians managing your own investments, you’ve probably heard that diversification is important—but what does that actually mean? And how can you tell if you're truly diversified? Let’s walk through what it means to diversify like a pro—and how data, not emotions, should drive your investment decisions.

Physician Burnout: How Financial Stress Makes It Worse—and What to Do About It

daniel@wrennefinancial.com (Daniel Wrenne, CFP®) — Thu, 29 May 2025 23:44:33 GMT

It’s no secret that burnout is a major issue in medicine

Net Worth vs. Income: The Number That Tells You More

heather@wrennefinancial.com (Heather Lovallo, CFP®) — Wed, 30 Apr 2025 13:37:49 GMT

You make a good salary—but how much are you actually keeping? Let’s talk net worth.

For most physicians, the first big financial milestone after training is a major jump in income. After years of scraping by as a resident, suddenly you’re looking at six-figure paychecks. But even with that jump, many new attendings find themselves asking the same question: Why doesn’t it feel like I’m getting ahead?