Spring Cleaning For Your Finances Part 1

Welcome to this week’s edition of the Doctor’s Eyes Only podcast where Vestia Partner and CEO Lauren Oschman delivers Part 1 of a 2 Part series on Spring Cleaning for your Finances. As Lauren mentions in the podcast, the idea of spring cleaning is a cleansing, de-stressing activity to allow you to move forward confidently with more focus. This is in relation to your home, however it can be a very similar feeling after doing some spring cleaning for your finances. A great example could be if you have multiple brokerage accounts with different companies or advisors. Many times physicians who don’t have a specified advisor will invest extra cash in different accounts because of a special being offered or because they heard good things about a certain company.

“Well, imagine how hard it is to keep track of four accounts. Number one, you have to remember they all exist. You have to have the credentials to actually get access to all of those accounts. You have to make sure you have four different tax forms to give to your accountant to report the same kind of activity, because again, it's the same type of account…”