Financial Services Partner - Baystate Financial MD

Baystate Financial MD

A critical component of any relationship — trust is never overrated.

Trust between a patient and their healthcare provider is particularly sacred, as should be the utmost good faith relationship between a financial professional and their client. Physicians Insurance trusts that you are in good hands with the Baystate MD’s specialized team of professionals.

Baystate MD takes a proactive approach to money management and recognizes the demands of practicing medicine. With a complete menu of financial services, you will find everything you need to manage your money, save for the future and plan for the unexpected.

Baystate Financial MD, offering products and services designed exclusively for healthcare providers.

Comprehensive Portfolio Analysis

Let’s check your vitals. Baystate Financial MD advisors can conduct a complete Asset Allocation Analysis of your current portfolio, making recommendations for changes based on your goals, objectives and your tolerance for risk in the financial marketplace. Advisors will assist in stock option compensation planning to exercising those options to best meet your financial goals, while minimizing the tax burden.

Insurance

Unexpected happens. Being prepared is critical.A career in healthcare is highly specialized, and Baystate Financial MD has a dedicated team of advisors and access to underwriters and service and claims professionals that understand the unique needs of physicians. Physicians Insurance is proud to partner with this specialty team to offer clients the very best in service and products to enhance your coverage.

Products Include:

Disability Insurance — Group and Individual*
Life Insurance — Term and Whole Life
Universal Life Insurance

*MMS member discounts available.

Retirement Planning

“What-If” scenarios abound when planning for retirement. It’s the process Baystate Financials’ team undertakes to create detailed models of cash flow projections, offering realistic goals and a better understanding of the likelihood you can retire at a certain age and maintain a chosen standard of living.
Capitalizing on 401(k) and 403(b) rollover strategies allows for realistic, achievable retirement goals.

Education Funding

Just when you thought college tuition was behind you, you’re planning for your children’s future education needs. Many options are available for funding this major expenditure based on your income and your children’s ages. Your Baystate MD advisor will cover all bases to help save, including 529 Plans, UTMA/UGMA accounts and the Hope and Coverdell savings plans.

Estate Planning Review

You’ve earned it. Now ensure your estate is in proper order for your beneficiaries. Work closely with a Baystate Financial MD advisor to ensure the proper estate documents are in place; including wills, trusts, powers of attorney and guardianships.

Financial Checkups

As your life and needs change and evolve, your Baystate Financial MD advisor works with you to update your financial objectives. Make time in your busy schedule to attend to the health of your portfolio. Left unattended, there is no guarantee it will stay healthy and thrive.

Student Loan Debt

You’ve reached the point in your career when you are finally earning “real money,” but now it’s time to start paying off those student loans. Baystate’s advisors help you manage those loans and set realistic goals for saving money.
Visit www.baystatefinancial.com/baystatemd to learn more about this specialized financial management team and its services.

MITIGATE RISK BY
BEING PREPARED

Is it time to examine your current policy? What you don't know — can hurt you.

The simplest way to mitigate risk is to be prepared, and the team at Physicians Insurance welcomes the opportunity to assist you in your preparedness. We are confident that our experience and industry acumen will generate a customized, competitively priced insurance program designed to address your unique needs in the most cost-conscious manner possible. Complete the form, and we will be in touch shortly.