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Financial Planning Handbook For Physicians And Advisors Paperback – June 1, 2004

ISBN-13: 978-0763745790 ISBN-10: 0763745790 Edition: 1st

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Product Details

  • Paperback: 312 pages
  • Publisher: Jones & Bartlett Learning; 1 edition (June 1, 2004)
  • Language: English
  • ISBN-10: 0763745790
  • ISBN-13: 978-0763745790
  • Product Dimensions: 9.1 x 5.9 x 0.8 inches
  • Shipping Weight: 3.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #1,250,528 in Books (See Top 100 in Books)

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8 of 10 people found the following review helpful By Eddie on February 5, 2006
Format: Paperback
In his book Financial Planning Handbook for Physicians and Advisors, Dr. David E. Marcinko, MBA, CMP, CFP provides us with a simple and yet very complete view on the basics of financial planning that every physician should know in order to maximize our chances for success in the financial aspect of our medical careers and personal lives. The book is well structured, organized and easy to read. Divided in ten chapters, it covers important aspects of personal financial planning such as insurance, home mortgages, retirement plans, auto buying, taxes and more.

In an era where doctors must have a solid understanding of the basics of financial management, this book is a must-have on every physician's private book collection. Although not a substitute for a formal business education, this book will help physicians navigate effectively through the hurdles of day-to-day financial decisions with the help of an accountant, financial and legal advisors.

This book would make an excellent reference for teaching medical students and residents the basics of monetary management. I highly recommend this book and commend Dr. Marcinko and the Institute of Medical Business Advisors, Inc. on a job well done.

Manuel J. Colón, MD
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11 of 16 people found the following review helpful By A Customer on July 2, 2004
Format: Paperback
The "Financial Planning Handbook for Physicians and Advisors" is essentially a "how-to book" on finance, financial planning and related topics for healthcare providers. Fortunately for patients, medicine requires a high degree of professional training, both in terms of science and technology. Unfortunately for providers, it affords little time for learning about financial or investment planning.
More to the point, this is an unusual textbook on financial planning for two reasons. First, it is a detailed guide for physician's seeking the complex road to success and profit in the confusing healthcare industrial complex. Rarely does one see such clarity of presentation, without the usual jargon that often discourages those trying to learn such a foreign and forbidding subject, as finance. Second, the subject matter is focused for medical providers who work in one of the fastest growing industries in the United States. The contributors hope that by integrating the disciplines of financial planning, they will help foster affordable and profitable healthcare for our nation, which is so entrepreneurial, yet aging.
In my thirty-five years on Wall Street, I have observed that physicians are particularly disadvantaged when it comes to anything regarding finance. Most medical professionals have enough on their mind practicing their specialty and keeping up with healthcare technology and practice trends, that planning for their financial future is often forgotten. Financial planning and good investment practices require a solid background of how corporations work in the "real world", and an awareness of how they function within the economy.
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1 of 1 people found the following review helpful By David Lumsden on February 24, 2014
Format: Paperback
Excellent book. Very easy read and valuable information. I am an orthopedic surgeon and have been expanding my business knowledge base utilizing Dr. Marcinko's books. I recommend it highly.
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