Genesis Wealth Management, Inc. is a fee-only Registered Investment Advisor serving the Greater Miami, Coral Gables, Ft. Lauderdale and West Palm Beach area. Genesis Wealth Management is focused on the unique needs and professional lifecycles of physicians and mid-career medical professionals. Whether addressing the distinct tax concerns of highly-paid doctors or setting up a revenue-sharing plan for your practice, Genesis brings valuable experience and expertise to your situation.
We hold our firm to the Fiduciary Standard to act not just suitably, but in the "best interest" of our clients. We have no conflicts of interest nor do we derive additional revenue from our client relationships. The only fee we receive is for providing conflicted-free investment advice.
We provide access to and create portfolios utilizing the proven academic research behind Dimensional Fund Advisors (DFA), and take pride in continuously educating ourselves on the most advanced methods for investment allocation and portfolio creation. These techniques are matched with the most advanced investment technologies (e.g. Money Guide Pro, Yodlee and Riskalyze) to optimize client outcomes and experiences.
Founder Mario Yngerto has received the CPWA®, CFP® and ChFC designations. He is a NAPFA member Advisor with deep experience in both investment planning and financial planning.
We look forward to discussing your situation, and welcome you to reach out firstname.lastname@example.org
Miami/Coral Gables, Fl – Physicians have long been the target of attorneys seeking an easy payday for their clients. As litigation and settlements increased in the earlier part of the 2000s, so too did malpractice insurance premiums, which can range from $20,000 to $200,000 annually. One study notes that 10 cents of every patient dollar goes towards malpractice insurance payments. There are approximately 85,000 malpractice lawsuits on average each year in the U.S. and the general trend has been a year-over-year rise in suits filed.
Miami/Coral Gables, Fl – Dynasty isn’t just a television show from the 80s. It’s a legacy and estate planning mechanism generally used by wealthy families to protect multi-generational assets. Known as Dynasty Trusts, these vehicles all in-perpetuity protection of assets long after the benefactor (and even the beneficiary) of those assets has passed on.
There are more than 800,000 active physicians in the United States. If you’re one of them, you’re likely focused on what’s good for the heart or mind or one of the 206 bones in the human body. But what are you doing to take care of your wallet and your future?
As a physician you take an oath to do no harm, but what if, forbid, some harm comes to you someday? How will you protect your family? This harrowing question leads to a more practical one: what immediate steps should you take to best protect your family? And, with all the different types of insurance available, what’s the best product?
In January we will swear in a new president, Donald J. Trump. Many thought it could not happen, but with the reality here, that means those that care about their wallet must take heed. In this piece we’ll briefly unpack a few of the major changes that a Trump presidency could bring and how that affects your financial planning.