Tim Baker, CFP® Your Financial Pharmacist
- 402 E Fort Ave Suite B, Baltimore, MD 21230
- (443) 991-8844
About Tim Baker, CFP®
Your Financial Pharmacist was started in 2015 with a primary mission to help pharmacy professionals on their path towards achieving financial freedom.
Through his experience of paying off $200,000 in debt, Tim Ulbrich, PharmD (YFP CEO) quickly learned that many pharmacists were struggling with mounds of student loan debt and a feeling of being overwhelmed and living paycheck-to-paycheck despite having a six-figure income. This led him to create the Your Financial Pharmacist blog in 2015 to encourage a community of pharmacists and pharmacy students to live a life free of financial stressors.
In 2017, Tim teamed up with Tim Church PharmD (YFP CMO), to co-author Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth and he then eventually joined the team. Around that time, Tim Ulbrich met Tim Baker, CERTIFIED FINANCIAL PLANNER™ (YFP COO…that’s me!), who had been serving pharmacists by providing fee-only financial planning services. Together they created the Your Financial Pharmacist Podcast in July 2017, which now has over a quarter-million downloads.
In 2019, all three Tims joined forces merging the blog, podcast, book and financial planning firm under the Your Financial Pharmacist brand. The Tims also speak to pharmacy school and organization across the country and YFP is a strategic partner with the American Pharmacists Association (APhA).
Navigating the Home Buying Process Through the YFP Concierge Service On this week’s episode, sponsored by HPSO, Nate Hedrick, The Real Estate RPH, interviews two pharmacists, Shelby Bennett and Bryce Platt, about their home buying experience. Shelby and Bryce recently worked with Nate via the YFP Real Estate Concierge Service to craft a plan and
5 Lessons Learned During a Home Refinance Tim Ulbrich shares his recent experience refinancing his primary residence. He talks through the numbers, how they determined the breakeven point, the rationale for refinancing and 5 lessons learned along the way. Summary On this episode Tim dives into his experience and the numbers associated with refinancing his
Why I’m Not Using My Health Savings Account to Pay for Medical Expenses The post is for educational purposes and does not constitute financial advice About a decade ago when I started my full-time pharmacist position after residency I made one of my biggest financial mistakes: Not taking advantage of a health savings account (HSA).
- Business Owners
- Gen Y/Millennials
- Student Loan Debt
Ways Advisor Charges
- Monthly Fee
- Quarterly Fee
- Flat Fee
- Assets Under Management
- Monthly Fee: $289+/mo
- Quarterly Fee: $867+/qtr
- Flat Fee: $3,468+/engagement
- Hourly Fee: $150+/hr
- AUM: 1.00%