Prolfic Solutions NY - Financial Planners for Physicians

Live With Confidence. Physician Finance Is Our Priority.

Let us help orchestrate your financial affairs so you can focus on what you do best.

Benefits

Our signature physician lifestyle planning gives you confidence in your decisions and your future.

Clarity

We’ll translate your current and desired lifestyle into concrete numbers so you’ll understand just how your decisions now will impact your personal milestones.

Security

By understanding your numbers and establishing your plan, you’ll gain peace of mind knowing your finances are secure— today and in the future.

 

Empowerment

Equipped with a skillset to navigate your financial journey, you’ll be able to make your daily decisions with confidence that your family and legacy will be protected, no matter what life may bring.

 

Proudly Serving Physicians in 15 Institutions and Growing

Roadmap

The Prolific Process℠

We partner with you on a detailed and completely individualized path that unifies your physician finances encompassing risk management, insurance planning, taxes, wealth management, and retirement and estate planning.

Assess your personal & financial goals

Think of this first phase as a new patient exam, in which we establish a transparent relationship, dig into the particulars of your history, and closely examine your situation and financial goals.
Just as important as getting to know the particulars of your finances is getting to know you as a person—who you are, what you do and where you wish to go.
Your Personal & Financial Goals

Develop lifestyle simulations

The next phase is similar to determining a medical diagnosis and creating a plan of care. We translate key learnings from our discovery into concrete numbers, so you can see the breakdown of where your money comes and goes.
We then apply our expertise with state-of-the art technology to develop lifestyle simulations. You’ll see the various possibilities of what your lifestyle could look like now and in retirement based on individual financial choices.
Develop Lifestyle Simulations

Coordinate with your team

While you will be empowered to make your daily decisions in line with your plan, we will take on the detailed execution for you, coordinating plans with your lawyer, accountant and any other professionals with whom you work.
Prolfic Solutions NY - Financial Planners for Physicians

Assess & optimize your plan

Similar to how you might work with a patient to get their medication just right, we’ll monitor your financial health on an ongoing basis, assessing how well your plan is working for you.
We’ll schedule quarterly reviews and continue refining your plan for optimal outcomes, and you’ll keep us abreast of significant life events and any upcoming major financial decisions.
The Prolific Process
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*Asset Allocation neither assures a profit nor protects against a loss in a declining market. Consult your own personal attorney legal or tax counsel for advice on specific legal and tax matters.

Services

We Care for Your Financial Health Through Every Stage

Each stage of your career presents specific challenges and opportunities. You also have a unique set of circumstances, needs and goals. We work with you to develop a holistic financial roadmap completely tailored to your current and future lifestyle.

Prolfic Solutions NY - Financial Planners for Physicians

For Young Physicians

Busy building your career and family? The financial decisions you make now are the most crucial for determining what your future can look like. 

We’ll give you data and insights as we build out your physician lifestyle plan to help you pay down debt, fund your children’s educations, and save and invest wisely.

Prolfic Solutions NY - Financial Planners for Physicians

For Established Physicians

As your career and family grow, we’ll continue handling the time-consuming orchestration of your financial picture. 

We’ll work together to establish the best physician investment and tax strategies for you, plan college funding for your children, re-examine your financial plans in the event of divorce, prepare for retirement on your own terms and establish a long-term care funding strategy.

Prolfic Solutions NY - Financial Planners for Physicians

For Physicians Nearing Retirement

Thinking ahead to the details of your retirement? We’ll help you prepare for physician retirement on your own terms.

In short, we establish a retirement income strategy, ensure you have sufficient long-term care funding, and construct estate plans that enable you to pass on your legacy to your family and causes in the most effective manner.

Retired Physicians

For Retired Physicians

Looking to the future often means thinking of your children and grandchildren. We can partner with your entire family to ensure your generational well-being.

Estate planning and wealth management at this stage often include inheritance planning, gifting and other strategies that ensure your spouse is provided for as you wish while your descendants and causes receive the legacy you desire.

Our Relationships

Our Clients Are Our Success

Susan Torrey, MD

My lifestyle and schedule made benefits and financial matters a lower priority; Prolific made it incredibly convenient for myself and my husband to take a more hands-on approach. They are low-key and respectful to our pace and process.

Susan Torrey, MD

Pediatric Emergency Medicine

Frank Danza, SVP

I’ve never found anybody who I could trust, stay connected and provide insights that delivered until now. Prolific’s
level of attention and genuine interest in building this great relationship is unique compared to other folks I’ve worked with.

Frank Danza, SVP
Hospital Revenue Cycle Management
Prolfic Solutions NY - Financial Planners for Physicians
Like many people, I want to hang up my white coat one day — I looked to Prolific for a comprehensive plan that would help make this as simple as possible. Rocky is willing to go above and beyond for his clients, from coordinating with a Trusts & Estate attorney to draft my wills to meeting at one of my offices to complete my life insurance needs.
Alyson Myers, MD
Endocrinology

What Sets Us Apart

If you feel like you’ve got a target on your back, you’re not alone. We’ve seen time and again how many businesses view physicians as a source of revenue. They’re quick to sell you life insurance, disability insurance, a financial service, or an investment opportunity without bothering to determine how that fits with your comprehensive financial picture or caring whether it’s truly in your best interests.

Mission

We’re here to partner with you to ensure your comprehensive well-being for the long run.

With more than 60 years of research and experience in serving physicians, we have been able to identify common pain points and challenges specific to physicians’ lifestyles as well as determine evolving best practices for addressing them. Using state-of-the-art financial analysis and emotional intelligence, we take your full picture into consideration and partner with you on a comprehensive strategy that evolves with your career and life.

Leadership

Richard Birnbaum, MSFS, ChFC®, CLU®, AEP®
As president of Prolific Solutions, Rich brings more than 40 years of experience in wealth management strategy to the team. He is an expert in translating high-level goals into comprehensive, actionable steps and has spent his entire life serving generations of his clients and their families.
Rakesh (Rocky) Budhram, CFP®
As vice president, Rocky brings his voracious appetite for learning and technical skills to Prolific Solutions. With a background in both business and biology/chemistry, Rocky bridges relationships, planning and execution with the financial acumen needed to help his clients succeed.

Get in Touch

Focus on what you do best.
We've got your back.

Schedule a convenient time to speak to our team of financial planning experts