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Never Pay AUM Fees: How Financial Advisors Are Compensated

Never Pay AUM Fees: How Financial Advisors Are Compensated

by Neill Slater, MD MBA | May 19, 2025 | Personal Finance

     One of my attendings in residency used to love to tell the story of Willie Sutton, a notorious bank robber who, when asked why he robbed banks, famously answered, “Because that’s where the money is.”  ...
Your Financial Advisor is Not Your Friend: My Experience With “Professional Money Management”

Your Financial Advisor is Not Your Friend: My Experience With “Professional Money Management”

by Neill Slater, MD MBA | May 5, 2025 | Business

      What are the four most expensive words in the English language?  For the average American medical professional, here is my list of candidates:        A less obvious but equally costly answer is “I’ve got a guy,”...

Moonlighting in Residency

by Neill Slater, MD MBA | Apr 24, 2025 | Medicine, Personal Finance

     During the last two years of my residency, I made over six figures annually, and this was in an era when a resident’s salary was less than $50,000.  How?  Through moonlighting, which I believe is a vital part of any resident’s...
Should You Worry About the Recent Stock Market Drop?

Should You Worry About the Recent Stock Market Drop?

by Neill Slater, MD MBA | Apr 7, 2025 | Personal Finance

    This was not the article I planned to release today, but with the recent volatility in the stock market, I figured this post would be timelier.  The S&P 500 fell a combined 10% on Thursday and Friday, April 3-4, reaching the threshold...
I Have Millions of Dollars of Debt!

I Have Millions of Dollars of Debt!

by Neill Slater, MD MBA | Mar 24, 2025 | Personal Finance

     Disclaimer: My wife does not want me to reveal our net worth online, so for the purposes of this blog post, I will normalize my net worth to $10 million.  In reality it might be more or less, but ten million makes it easy to...
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