Jason M. O'Dell, M.S., C.W.M.


What's new in retirement planning?

October 01, 2012

Defined benefit pension plans as well as cash balance plans are generating a lot of interest with medical practices, both large and small.

Avoid choosing the wrong investment firm for you

October 01, 2012

Over the past few years, many physicians have re-examined not only their investment assumptions, but also their relationships with investment advisory professionals. Declines in market values, such as the 2007-2008 40 percent drop in the S&P 500, often cause investors to rethink their investment strategies

Alternative investment options can significantly reduce portfolio risk

August 01, 2012

If you’re like most Americans, you feel less secure about the U.S. economy. Certainly, this is justified. Western European countries have run out of capital, unemployment-based riots have broken out in the streets of Great Britain, and the United States debt shield political debacle has caused our government debt to be downgraded from “AAA” for the first time in history.

Flexibility in financial planning can help to meet long-term goals

July 01, 2012

We have consulted with thousands of doctors in all specialties during our combined 35+ years in practice. From this experience, we have become intimately familiar with how most physicians build their financial plans (what we call “wealth plans”). Too often, they have ignored the most important factor in a sophisticated long-term plan - flexibility.

Four money-saving ideas can help you prepare for Tax Day 2010

January 01, 2010

As a physician, do you realize that, between income, capital gains, Medicare, self-employment and other taxes, you spend 40 percent to 50 percent of your working hours laboring for the IRS and your state?

Advisers' earnings: How do those you trust with your finances make their own living?

December 01, 2009

The entire financial world was turned upside down during the years 2008 and 2009. Investors, executives, employees and the general public are left wondering, "Whom can I trust?" and "How will all these changes affect me?"

Group practice pitfalls: New financial threats demand more protection for your wealth

November 01, 2009

If you think medicine is a difficult business today, you are about to face your largest financial challenge ever. There is an approaching confluence of events that could have a significant financial impact on most doctors, unless you do something to protect yourself.

Preventive medicine: Avoid common physician estate-planning mistakes

September 01, 2009

Like many successful people, physicians are often so busy dealing with their practices and personal lives that they never take the time to deal with the important challenge of creating a tax-wise estate plan for their families. In fact, in our practices, we have found that fewer than 5 percent of doctors had a proper estate plan in place when we met.

Dispelling the myth: Despite misconceptions, asset protection planning a must

August 01, 2009

As consultants to hundreds of physicians, we encounter many misconceptions about asset protection planning everyday. In this article, we will address the most important of all misconceptions regarding asset protection - that this area of planning is not important, because physicians practically, don't lose assets to medical malpractice lawsuits.

Reducing tax liabilities: Don't wait until April 15th to protect your income

February 01, 2009

As a physician, do you realize that you spend 40 percent to 50 percent of your working hours laboring for the IRS and your state? That is a lot of time with patients for someone else's benefit.