Fenlason Financial Services operates under the business name The Dr Team and specializes in offering financial planning and investment consulting services specifically tailored for clients in medical school, residency, and medical practice. The firm does not manage portfolios, trade client accounts, or hold custody of client funds. Instead, Fenlason Financial Services develops individualized written financial plans covering asset allocation, budgeting, cash flow analysis, college planning, investment planning, retirement planning, risk management, and student loan repayment. The firm also offers modular financial plans and educational seminars and workshops. Because Fenlason Financial Services does not provide ongoing management or implementation, clients retain sole responsibility for executing transactions and implementing recommendations.
Fee Structure
Fenlason Financial Services charges an annual fixed fee of $4,800 for ongoing financial planning and investment consulting services. This fee is divided into monthly installment payments of $400, which are billed in advance on the 1st or 15th of each month via credit card or automated clearing house.
- Plan update — $1,500 fixed fee for clients who have been with the firm for at least one year and wish to receive an updated financial plan without renewing their ongoing agreement.
- Individual seminar consultations — $300 for one-on-one consultations provided to attendees of the firm's educational seminars and workshops.