Centerline Wealth Advisors

Fiduciary Financial Planning in Louisville, KY

Physicians

“I’m extremely busy and need a team to help me
make sense of my challenges and good fortunes.”

“I want a fiduciary to help bring together a comprehensive strategy to manage
my current liabilities and wealth creation opportunities. ”

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Core Services

At Centerline Wealth Advisors, a large portion of our client base includes residents, attending, and retired physicians, so we have a very good understanding of the financial challenges that are particular to the medical field. Meaningful compensation doesn’t begin until the mid-30s, if not later, and it’s easily offset by the significant debt accrued since medical school. While income can rise to significant levels, the career window to earn enough for retirement is shorter than average, usually only 30 years.

Against this backdrop, we know medical professionals are especially short on time, and the opportunity to manage their financial situation effectively is often sacrificed. To solve this issue, we work closely with you, always in an objective fiduciary capacity, to build effective and robust financial plans, tailored to your specific personal circumstances. We use a proven process to develop a roadmap to help you and your family pursue a clear path to achieving your financial and life goals.

Our Core Services take you through the process of crafting a personal financial
plan to analyze all areas of your financial life.

Centerline Wealth Advisors

You

Investment & Financial
Investment & Financial Review Portfolio – Asset Allocation – Time Horizon – Withdrawal Strategies – Stock Concentration – Review Outside Investments – Comprehensive Financial Plan – Portfolio Management – Recurring Review Meetings – Management of 401k

Estate Planning
Estate Planning Wills – Power of Attorney – Living Will – Health Care Proxy – Trusts – Charitable Giving – Estate Taxes – Guardians for Minors – Beneficiary Consultation – Coordinate with Attorney – Family Wealth Briefing

Retirement Planning
Retirement Planning Retirement Goal Setting – Social Security & Medicare – Business Planning – IRA Contributions – Retirement Plans & 401(k)s – Annuities – Pensions – RMD Planning

Risk Management
Risk Management Review of Existing Policies – Life Insurance Needs Review – Long Term Care Insurance – Disability Insurance – Health Insurance – Homeowner’s P&C Insurance Review – Liability Coverage – Divorce Management – Medicare Planning

Cash Flow & Budget
Cash Flow & Budget Income Securities – Expenses & Budgeting – Debt Management – Student Loan Planning – Planned & One Time Expenses – Emergency Funding – Dollar Cost Average Purchasing – Mortgage Review & Refinancing – Lines of Credit

Assistance to Loved Ones
Assistance to Loved Ones Gifting – Education Planning – Caring for Elderly – 529 College Savings Plan – Roth IRAs for Children – Custodial Accounts – Young Family Member Financial Education – Special Needs Planning – Inherited Account Assistance

Income Tax Planning
Income Tax Planning Sequence of Distributions – Filing Tax Brackets – IRMAA Cliff Monitoring – Tax Loss Harvesting – Carry Forward Losses – Cost Basis & Gain Analysis – Deductions & Credits – Roth IRA Conversions – HSA & FSA Accounts – Coordinate with Accountant

Exit Planning
Exit Planning Value Acceleration Methodology – Concentration & Liquidity – Tax Mitigation Strategies – Succession Planning – Maximizing & Protecting Business Value – Funding the Graceful Exit: Retire, Sell, ESOP? – Investing Sale Proceeds – Life After Work & Selling Business

Areas of Focus

In addition to the Core Services we offer all clients, our experience working with Physicians and Medical Professionals has helped us identify specific areas of focus. We work with you, hand in hand, in these areas with the goal of enhancing your personal and financial life.

  • Risk Management and Insurance Needs

    Am I over- or under-insured?

  • Cash Flow and Budgeting

    How much should I spend on a house and still fund my lifestyle?

  • Company Benefits Analysis

    Which options should I choose?

  • Student Loans

    What is my best strategy for loan repayment?

Case Study

Physician Couple with Complex Planning Needs

Connor and Brenda decided to work with us in their mid 30’s. They had completed medical school and fellowships but were swimming in student loan debt. They had no savings strategy, no emergency fund, and no estate plan. They had no idea where to begin to get their finances in order. They were both making considerable income but were unsure of the best way to create a strategy for their young family’s financial future.

Read Case Study

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Objective Advice

We provide advice that is 100% objective, transparent and free from outside influence. As fiduciaries for our clients, we are legally bound to place their interests above everything else we do.

Independent Custody
Of Client Assets

We have selected Charles Schwab to hold all client assets on our behalf. This selection was made on a completely objective basis—we have no affiliation with or commitment to Charles Schwab. As of now, we believe it is the best firm for the job; should that change, we will find a different
custodian to serve our clients.

Greatly Expanded
Products And Services

We maintain a strategic partnership with Dynasty Financial Partners, a firm that gives us unfettered access to some of the industry’s leading products and services. Instead of being captive to one company, our clients benefit as we seek the absolute best solutions for their comprehensive planning needs including opportunities in the world’s top capital markets, advantageous lending solutions, investment banking relationships, asset management strategies, liability risk mitigation, estate planning, and much more.

As independent advisors and fiduciaries, we are uniquely equipped to realize plan goals because our advice is based on the strategies and investment choices that are optimal for each client. As a result, we can operate on a simple fee structure that reflects a percent of total assets managed. At Centerline, we believe that it’s only when our clients succeed that we do.

Important Notice

You are now leaving the Centerline Wealth Advisors website and will be entering the Charles Schwab & Co., Inc. ("Schwab") Website. Schwab is a registered broker-dealer, and is not affiliated with Centerline Wealth Advisors or any advisor(s) whose name(s) appears on this Website. Centerline Wealth Advisors is independently owned and operated. Schwab neither endorses nor recommends Centerline Wealth Advisors. Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Centerline Wealth Advisors under which Schwab provides Centerline Wealth Advisors with services related to your account. Schwab does not review Centerline Wealth Advisors' website, and makes no representation regarding the content of the website. The information contained in Centerline Wealth Advisors’ website should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.

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