Frequently Asked Questions(FAQs)
What is a financial advisor?
A financial advisor has to be properly qualified with the appropriate
security licenses, state licenses and/or professional designations.
They have specific education, training, and experience in the financial
What should I look for when choosing a financial
You choose a financial advisor in the same way a patient chooses a
doctor. Look for an advisor with experience and training with whom you
also make a connection. Choose an advisor that specializes in your
needs, puts your best interest first, and does excellent work.Choose an
advisor with specific training and experience in the financial services
industry. The financial advisor you choose should be licensed and able
to provide good references.
A financial advisor is your partner in financial
success, so you should also choose someone who respects your thoughts
about money.Meet with any advisors you are considering establishing a
relationship with to determine which of them might be a good match for
you. The advisor you choose should give you ample time to discuss your
needs and listen respectfully to your goals and concerns. Communicating
information with clarity and simplicity is another hallmark of a good
What is a C.F.S.?
A Certified Fund Specialist (CFS) is a financial services professional
who has completed additional education and training in the mutual fund
industry. CFS is one of the oldest designation in the mutual find
industry. When you choose an advisor with a CFS, you are choosing a
financial service professional who has demonstrated in-depth knowledge
and understanding of the products, trends, and research surrounding the
mutual fund industry.
What is a D.I.A.?
A DIA designation means that participants have acquired knowledge of
the health care industry and the role of disability income insurance in
protecting individuals from the financial losses that often attend
serious physical injuries and other severe health afflictions. Upon
completion of this course of study, students will understand the
fundamentals of the health insurance industry, the role of disability
insurance within the health care continuum, and recent disability
trends. Students will also gain knowledge of both federal and state
government disability programs, including Social Security Disability
Insurance (SSDI) and state temporary disability income programs. Those
achieving the designation will understand employer-sponsored disability
programs ranging from sick leave benefits to long-term disability
income plans, including their tax consequences and tax planning
considerations. Students will also become aware of ways individuals can
supplement government- and employer-sponsored programs through private
disability income insurance. In addition, those completing the
designation will gain insight into the role of disability income
insurance in retirement, estate, and long-term care planning.
What are your credentials?
Michael Reiman, president of Reiman Financial, LLC, is a registered
Certified Fund Specialist (CFS) and a Disability Income Associate (DIA). He is licensed by the National
Association of Securities Dealers; holds a state license and a property
and casualty license.
What services do you provide?
Reiman Financial, LLC provides a full range of financial products and
services to physicians in every stage of their careers, from residency
to retirement. We can help you draft a financial plan, manage your
student debt, choose and purchase insurance products, locate attorneys
and other professionals that specialize in physicians' needs for your
advisory team, evaluate and select retirement investment vehicles,
guide you in asset protection and tax planning strategies, and review
employment contracts. We offer a free initial consultation to help you
determine which services are best for your needs and to demonstrate how
we can help you meet your needs.
I'm still in my residency. Is it too early to
start working with Reiman Financial, LLC?
No. It's never too early to start working with a financial advisor.As a
matter of fact, the sooner you begin, the faster your wealth can begin
to accumulate and your portfolio grows. Most people make the mistake of
postponing financial planning and as a result they miss opportunities
to grow and protect their money.
When should I begin working with Reiman Financial,
Call for a free consultation today. We'll determine what stage you're
in and what life events you need to plan for. We'll also help you find
gaps in insurance coverage, evaluate your benefits and investments, and
create a road map for your financial future.The longer you wait to
initiate a financial plan, the more vulnerable your assets may become.
So whether you're just entering your residency or planning your
retirement, the time to start is now.
When would I benefit from the services provided by
Reiman Financial, LLC?
If you don't have a financial plan in place, you should begin now.If
you have a plan in place, you should visit us once a year to determine
if your goals are the same and if your plan is still helping you meet
those goals. If you have had any major life changes such as a marriage,
divorce, new baby, or new employment, then you should also schedule a
consultation to revise your plan to accommodate these changing
Can you review my employment contract?
Absolutely. Because we specialize in assisting physicians, we
understand what's at stake during contract negotiation. A poorly
negotiated contract could cost a physician thousands or even millions
of dollars over the course of his career. Good contract review helps
you identify areas of concern and negotiating tactics. A contract
review is a solid way to put someone on your side during the
negotiating process. Reiman Financial, LLC offers complimentary
contract reviews to our clients. If you have received a contract or
will receive one soon, contact us for your complimentary contract