Ascent Physician Wealth is a registered investment advisor founded in 2026 and led by Dr. Milan Patel, a physician and business school graduate. The firm focuses on serving physicians, healthcare professionals, dentists, pharmacists, and healthcare executives. Ascent Physician Wealth offers personalized investment management using a core-satellite strategy that blends diversified index funds and exchange-traded funds with selective individual securities. In addition to managing portfolios, the firm provides holistic financial planning covering retirement, tax strategies, education funding like 529 plans, insurance reviews, debt management such as student loans, and estate planning coordination. Services are designed to address the unique financial timeline of medical professionals, who often face a compressed wealth accumulation phase due to extended training. The firm operates as a fee-only practice, meaning it does not sell products or accept commissions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.60% |
Fees are calculated based on total household relationship value and billed quarterly in arrears. Fees may be negotiable in limited circumstances.