Client Success Story: How A Private Physician and Business Owner Took Control of Their Wealth

Before Truly Aligned: High Income, Complex Finances, No Clear Strategy

Before working with Truly Aligned, Mark, a veterinarian and business owner, and his wife Erin, a private physician, had built a strong financial foundation. They were earning well, saving diligently, and generally felt like they were on the right track.

But despite their high income, they still had nagging questions about whether they were making the smartest financial moves.

• Are we overpaying in taxes?
• Are our retirement accounts structured correctly?
• Is our money working as hard as we do, or could it be doing more?

Like many high-income professionals, they had met with financial advisors before but never found someone who could provide the level of strategic, proactive guidance they truly needed. They wanted a partner who could help them think several steps ahead, rather than just reacting to their questions.

Challenges and Goals

Mark and Erin’s biggest concern wasn’t a lack of income—it was a lack of clarity.

• They were making a lot of money but weren’t sure if they were optimizing it. While they had always been financially responsible, they wanted to know they were making the most of their earnings.
• Their tax strategy was unclear. Erin’s deferred compensation plan was complex, and Mark’s business income had unique tax implications. They needed a strategy to minimize taxes and maximize wealth-building opportunities.
• They had surplus cash with no clear direction. They were saving more than they spent, but without a structured approach, their money wasn’t being intentionally allocated toward their future goals.
• They wanted a financial strategy that fit their lives. With demanding careers, they didn’t have the time or desire to micromanage their finances. They needed a structured, proactive plan that kept them moving forward without constant decision-making.

The Turning Point: A Comprehensive, Personalized Plan

Mark and Erin didn’t need generic financial advice—they needed a customized strategy designed for high-income professionals.

After working with Truly Aligned, they:

• Dramatically reduced their tax burden. Through strategic tax planning, optimized retirement contributions, and business entity structuring, we helped them keep more of what they earned.
• Structured their retirement accounts for maximum efficiency. We set up the right mix of Roth vs. Traditional contributions, ensuring their retirement savings were optimized for their tax situation now and in the future.
• Created a system for allocating surplus income. Instead of letting cash sit in a bank account, we developed a cash flow strategy that aligned with their goals, ensuring their money was being put to work.
• Simplified Erin’s complex deferred compensation plan. We provided a clear strategy to restructure her retirement and deferred compensation plans, helping her make the best long-term financial decisions for her family’s goals.
• Gained a proactive financial partner. They no longer had to wonder if they were missing something—Truly Aligned was thinking ahead for them, adjusting their financial plan as needed.
• They gained a proactive financial partner who not only answered their questions but anticipated future challenges and opportunities, adjusting their financial plan as their needs evolved. Because financial planning isn’t just about what’s happening today—it’s about thinking five, ten, or twenty years ahead.

Implementation and Onboarding

The onboarding process was streamlined, allowing them to consolidate their entire financial picture into one clear, actionable plan.

Through Truly Aligned’s Financial Alignment Experience and Wealth Alignment Process, Mark and Erin were able to validate what they were already doing well while uncovering new opportunities to strengthen their financial future.

One of the biggest breakthroughs was restructuring their tax strategy. With Erin’s deferred compensation and Mark’s business income, small adjustments to their contributions, entity structure, and withdrawal planning created significant tax savings—allowing them to keep more of what they earned while making sure their investments were working efficiently.

Service Experience

Beyond financial strategy, one of the biggest benefits Mark and Erin experienced was confidence in their financial future.

• They no longer worried about whether they were missing opportunities. Every decision was made with intention, and they had a structured plan that adapted as their needs evolved.
• They had an advocate guiding them every step of the way. Every question was answered thoroughly—not just with a yes or no, but with clear reasoning behind every recommendation.

Results and Achievements

After implementing their personalized financial plan, Mark and Erin saw immediate benefits:

• Their tax strategy saved them tens of thousands of dollars annually.
• Their retirement savings were structured for long-term tax efficiency and growth.
• Their investment approach was designed to provide both liquidity and diversification, balancing risk with future opportunities.
• Their financial plan was no longer just a collection of accounts—it was an intentional strategy that gave them confidence in their long-term vision.

Mark and Erin now feel fully in control of their financial future. Instead of constantly wondering whether they were making the right decisions, they have a strategic plan that adapts with them as their careers and financial goals evolve.

“I highly recommend the team at Truly Aligned for their responsiveness, comprehensive planning, and tailored approach to financial services,” said Mark. “Many people focus solely on the hard numbers in their financial planning process, but they don’t recognize the immense value and confidence that comes from having an experienced advocate like Truly Aligned managing strategies so that the client can focus on other priorities in life.”

 

Why This Matters for Other Private Physicians and Business Owners

Many high-income professionals face the same challenges Mark and Erin did. They earn well but aren’t sure if they’re truly maximizing their wealth.

If you:

• Are uncertain if you’re paying more in taxes than necessary
• Have excess cash but no clear strategy on where to allocate it
• Want a financial plan that works for your unique situation, not just a generic strategy
• Need a proactive financial team that anticipates your needs instead of reacting to them

Then it may be time to take control of your wealth.

Mark and Erin no longer have to second-guess their financial strategy or wonder if they’re missing opportunities. Every decision is made with purpose, and their plan moves with them—not just for where they are today, but for where they want to be in the future.

What Makes Truly Aligned Different?

Many financial advisors focus solely on investment management. They’ll set up an account, pick some funds, and check in once a year.

Truly Aligned is different.

• We take a holistic approach. Every decision—from tax strategies to retirement accounts to investment choices—is made within the bigger picture of your financial goals.
• We don’t just react—we anticipate. Our clients don’t have to ask, “What should I be doing next?” We bring those opportunities to them.
• We understand the complexity of high-income professionals. Running a practice, handling deferred compensation, structuring business income—these aren’t one-size-fits-all situations. We tailor everything to you.

If you’re a private physician or business owner wondering if you’re truly maximizing your financial potential, it may be time for a conversation. What opportunities are sitting right in front of you that you just haven’t uncovered yet? Let’s find out.

 

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.