Andrew Musbach, CFP® MD Wealth Management, LLC

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About Andrew Musbach, CFP®

Our firm’s mission is to help physicians achieve financial peace of mind.

We work with you to develop a personalized financial plan that covers your entire financial picture and incorporates your unique situation, as well as the unique aspects of financial life as a physician. We then help you manage your investments and implement your financial plan, serving as an ongoing accountability partner and guide to make adjustments over time as life changes.

Our firm’s mission is to help physicians achieve financial peace of mind.

We work with you to develop a personalized financial plan that covers your entire financial picture and incorporates your unique situation, as well as the unique aspects of financial life as a physician. We then help you manage your investments and implement your financial plan, serving as an ongoing accountability partner and guide to make adjustments over time as life changes.

We give you the confidence that you are in control of your finances and are making the right decisions, while freeing up time and headspace to spend on the things you enjoy.

We do our best work with people who recognize the value of financial planning (in addition to investments) and want an ongoing relationship with an advisor, rather than one-time or hourly work.

New Attendings – Organize your financial life and develop a strong foundation. This includes putting together a student loan game plan, getting clear on goals, figuring out how to allocate your cash flow and the best way to save and invest to different accounts, optimizing employer benefits, and helping with a home purchase.

Established Physicians – Manage the growing complexity of your financial life. This includes college planning, reviewing insurance coverage and estate plans, optimizing how you save and invest for different goals as your income rises, and detailed retirement planning to put you on track and make sure you remain there.

Preparing for Retirement – Get ready for, and navigate, the retirement transition. This includes understanding whether you have enough money to retire, turning your investment portfolio into a “paycheck” in retirement, tax planning to minimize the amount that goes to the IRS, figuring out the best strategy for claiming Social Security, and navigating healthcare decisions from Medicare to long-term care insurance.

Prior to co-founding MD Wealth Management, I worked as a financial advisor at Balasa Dinverno Foltz LLC and Huber Financial Advisors LLC, two independent firms in Chicago with over $5 billion of assets under management collectively. I am a CERTIFIED FINANCIAL PLANNER™ professional and I have a BS in finance from Miami (OH) University.

I live in Saline, Michigan, with my wife, Jenny, and our son, Grant. I am an avid Michigan fan and enjoy reading, playing basketball and tennis, and being outdoors as much as possible.

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Recently Published

The Top 7 Financial Mistakes to Avoid as a Physician, Episode #13

January 18, 2021

While successfully managing your finances is about more than just avoiding the big mistakes, if you can at least start there you’ll have a good foundation and will be moving in the right direction. In this episode, we discuss seven of the biggest mistakes that can trip up physicians when it comes to their finances. […]

The post The Top 7 Financial Mistakes to Avoid as a Physician, Episode #13 appeared first on MD Wealth Management.

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How to Create a “Paycheck” in Retirement, Episode #12

January 4, 2021

One of the biggest changes when making the transition to retirement is giving up the steady paycheck from your employer. In retirement, the responsibility of replicating this paycheck shifts to you, but it can be difficult to understand how to use your investments and income sources (like Social Security) to create your retirement paycheck. In […]

The post How to Create a “Paycheck” in Retirement, Episode #12 appeared first on MD Wealth Management.

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How to Leverage Your “Side Income” as an Employed Physician, Episode #11

December 21, 2020

Today on The Physician’s Guide to Financial Wellness we’re going to talk about something we come across frequently with employed physicians— side income— from things like moonlighting, speaking, consulting, or writing. There are financial planning opportunities available so we’re going to talk about what those are and how to take advantage of them. The four […]

The post How to Leverage Your “Side Income” as an Employed Physician, Episode #11 appeared first on MD Wealth Management.

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Ideal Clients

  • Medical Professionals

Ways Advisor Charges

  • Quarterly Fee
  • Assets Under Management

Fee Options

  • Quarterly: $1,250+/qtr
  • Assets Under Management: 1.00%

SEC Records

States Registered

  • Michigan

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