Physician and Executive Services

RK Asset Management has developed unique strategies that can directly benefit today’s Physicians and Business Executives. The three things that we focus on are taxes, asset protection and retirement income. Let’s take a look at all three.

Taxes
   High income means a higher tax bracket and more dollars eroded from your paycheck. Although there is no way to avoid the burden of having to pay taxes, there are ways to help reduce the burden. You can take steps to minimize your taxes with the right combination of investment strategies.

Asset Protection
   Usually the more you are worth the more susceptible you are to creditors. That is especially the case when you work in a profession with a high amount of liability. Proper planning on both the personal and business level can greatly reduce your financial assets to liability. Every state has its own set of laws regarding asset protection. It is important to speak to an asset planning specialist like RK Asset Management when you are developing your own plan.

Retirement Income
   The big question high income earners ask themselves is “When can I retire and how much will I have”. Your retirement plan is probably one of the most important aspects of your financial plan. Not only will it provide relief from taxes and asset protection from creditors, but it will provide a future source of income you’ll need to rely on for a happy retirement. So it is critical to set up the right plan today. RK Asset Management has 8 years of experience recommending business retirement plans. Today we have advanced planning concepts like personal defined benefit plans or the 412i defined benefit plan, which can greatly benefit a physician or business executive.

Other Services
   RK Asset Management also provides valuable services that will help your business practice succeed in today competitive work environment. Things like group health, life and 401k will help you attract and keep good employees around. We are a general agent for the large insurance companies, like United and Aetna. Therefore we can provide all your group benefits.

Other things like accounts receivable collections and the right legal/tax team will be imperative for your business to become profitable. For that, we have developed a list of partner companies. Please visit the partner page.