Personal CFO Services
Most high-income professionals earn well and plan poorly. Not because they lack intelligence, but because no one is running the financial operation behind the scenes. That is what a Personal CFO does.
This service is built for
You spent years building your income. A Personal CFO makes sure your wealth actually keeps up.
The Problem
Surgeons, physicians, and high-income professionals are among the most financially complex people in America. The combination of high W-2 income, 1099 consulting fees, student loan debt, retirement accounts, investment portfolios, real estate, and business ownership creates a financial picture that most advisors are not equipped to manage holistically.
A financial advisor manages your portfolio. Your CPA files your taxes. But who is connecting all of it, running the numbers, and making sure every dollar is working as hard as you are?
Common Pain Points
What Is Included
Think of it as having a CFO embedded in your financial life. Every dollar, every account, every decision, coordinated and optimized on an ongoing basis.
Full oversight of monthly income and expenses across all accounts. We build a system that ensures every dollar is allocated intentionally, including savings, investment funding, debt payoff, and lifestyle spending.
We work alongside your CPA to ensure your tax strategy is proactive, not reactive. Entity structuring, deduction planning, timing of income and expenses, and quarterly estimated payment oversight for high-income earners.
A consolidated monthly financial statement across all accounts, assets, and liabilities. You will know exactly where you stand financially every single month without having to pull a single statement yourself.
Independent review of your investment portfolio, advisor relationships, and allocation strategy. We provide a second set of eyes with no product to sell, ensuring your investments align with your actual financial plan.
Analysis and optimization of all personal and professional debt including student loans, mortgages, practice loans, and credit. We build a payoff or restructure strategy that aligns with your cash flow and wealth-building goals.
Access to a financial strategist for every major decision. Real estate purchases, partnership buy-ins, equipment financing, investment opportunities. You never make a significant financial decision without qualified input.
Why Personal CFO
A financial advisor manages your investment portfolio and earns commissions or AUM fees. A Personal CFO manages your entire financial life with no product to sell, no AUM fee, and no commission incentive.
Purely AdvisoryA CPA files your taxes and may offer planning recommendations. A Personal CFO implements those recommendations, coordinates execution, and ensures tax strategy is aligned with your cash flow and investment decisions year-round.
Strategy Plus ExecutionApps track spending and show you where your money went. A Personal CFO directs where your money goes, proactively, before it is spent, with context for your full financial situation and long-term goals.
Proactive Not ReactiveMost high-income professionals have an advisor, a CPA, and sometimes an attorney. Nobody is connecting all three. A Personal CFO is the quarterback of your financial team, ensuring everything is coordinated and optimized.
The Quarterback RoleThe Process
A complimentary 30-minute conversation to understand your financial situation, goals, and pain points. No obligation and no sales pitch.
We conduct a full review of your accounts, income, expenses, debt, insurance, investments, and tax situation to build a complete financial picture.
We build your personalized financial operating system including cash flow architecture, net worth baseline, and a prioritized 90-day action plan.
Monthly reporting, quarterly strategy calls, real-time decision support, and continuous coordination with your existing advisors and CPA.
The Complete Picture
The term Personal CFO refers to a financial strategist who manages the full scope of a high-income individual's financial life, not just one piece of it. While a financial advisor focuses on investments and a CPA focuses on taxes, a Personal CFO sits above both, coordinating the overall strategy and ensuring every financial decision is made with full context.
For surgeons and physicians specifically, the financial complexity is significant. A typical surgeon may have W-2 income from a hospital, 1099 income from private procedures, a medical practice partnership interest, student loans from medical school, a real estate portfolio, retirement accounts across multiple custodians, and a separately managed investment portfolio. Without someone managing all of this together, gaps form and opportunities are missed.
A consistent finding among high-earning professionals is that income level and financial security are not the same thing. Surgeons earning $600,000 or more per year frequently reach their 50s without the financial position their income would suggest, because no one was running a coordinated strategy throughout their highest-earning years.
The core issues are predictable:
A Personal CFO addresses all of these proactively, on an ongoing basis, as your financial situation evolves.
Attorneys at law firm partnerships face similar complexity, including partnership income distributions, capital account management, deferred compensation structures, and business development expense strategy. Senior executives managing equity compensation, stock options, deferred bonuses, and retirement plan maximization require the same level of coordinated financial management.
Devote Consulting Group serves high-income professionals across all industries, with particular expertise in medical professionals, law firm partners, and senior corporate executives. Our engagement is fully virtual, allowing us to serve clients across all 50 states.
FAQ
Everything you need to know about Personal CFO services before scheduling a call.
Schedule a Call →A Personal CFO is a dedicated financial strategist who manages the full picture of a high-income professional's financial life. Unlike a financial advisor who focuses only on investments, a Personal CFO oversees cash flow, tax strategy coordination, debt management, net worth tracking, and financial decision support. Surgeons, physicians, attorneys, and executives with complex financial lives benefit most because their income is high but their time to manage it is extremely limited.
A financial advisor typically manages your investment portfolio. A Personal CFO manages your entire financial life, including cash flow, tax planning coordination, debt structure, insurance gaps, net worth reporting, and coordination between your CPA, attorney, and investment advisor. A Personal CFO does not sell products and has no commission incentive, making the relationship purely advisory.
Surgeons and physicians often have complex financial situations including high W-2 income, 1099 side income from private practice, medical school student debt, malpractice insurance costs, and retirement planning across multiple accounts. Despite high income, many physicians accumulate wealth slowly because financial complexity goes unmanaged. A Personal CFO brings CFO-level financial discipline to your personal finances year-round.
Personal CFO services are structured as a monthly retainer engagement. Pricing is based on the complexity of your financial situation and the scope of services required. We start with a complimentary discovery call to understand your situation and provide a proposal with no obligation.
Yes. Devote Consulting Group provides Personal CFO services to high-income professionals nationwide. The engagement is conducted virtually with scheduled monthly calls, digital reporting, and secure document sharing. We currently serve clients in Arizona, Florida, Texas, California, and across the country.
Ready to Get Started?
Schedule a complimentary 30-minute discovery call. No obligation, no sales pitch. Just a clear conversation about whether a Personal CFO is the right fit for your situation.
Schedule Your Discovery Call →Devote Consulting Group LLC provides Personal CFO and financial strategy consulting services. We are not licensed financial advisors, CPAs, or attorneys. We do not provide investment advice, tax preparation, or legal counsel. All financial decisions remain the sole responsibility of the client. We recommend working with licensed professionals in those respective fields. Personal CFO services are advisory and educational in nature.