SUBSCRIPTION WEALTH MANAGEMENT SURVEY

OJM Group is considering a subscription wealth management offering geared for younger physicians – those in training and early years of practice. This offering would be charged as a flat fee on a monthly basis, as is common among subscriptions, and would give clients access to a host of services and tools. While there are other firms who have implemented this model in recent years, we want our physician-focused offering to be truly valuable and meet the needs of young doctors. We are in the process of gathering information before we begin to design an offering and would greatly appreciate it if you could take 5-10 minutes to complete this survey. Thank you!

 

ABOUT YOU
What is your marital status?

 

Do you have children?

 

Where are you in your training or career?

 

What specialty are you in or do you plan on entering?
You may list more than one. Use the [+] icon at the end of the row to add more rows.

 

What is your present personal annual income from all sources?

 

What is your present household annual income from all sources? (add spouse or co-habitant income along with yours)

 

What are your present investable assets?
Personally and in qualified plans (401(k), etc.)

 

ABOUT THIS OFFERING
Using a scale of 1-5, with 1 being of least interest, and 5 being of highest interest, please rank your level of interest in the following planning areas that could be offered in a subscription wealth management service?

 

1. Debt Management/Consolidation

 

2. Cash Flow/Expense Management

 

3. Future Goal Financial Planning

 

4. Investing – Asset Management

 

5. Disability Insurance

 

6. Life Insurance

 

7. Property & Casualty insurance (Home, Auto, Umbrella)

 

8. Tax Management

 

9. Asset Protection

 

10. Employer Benefit Plan Explanation

 

11. Private Practice Structure & Taxation

 

12. Estate Planning

 

13. Investment Real Estate (Tax & Legal Considerations)

 

14. Personal Loans

 

15. Practice Loans

 

16. Financial Therapy

 

17. Healthcare Law

 

18. Credit Improvement

 

19. Personal Financial Data Protection

 

20. Other (please list and rank suggestions):
Please list your ranking of interest (1-5), with 5 being highest interest, after the suggestion in parentheses. Example: Suggested Area of Interest (4)
Add additional rows using the [+] icon.

 

ABOUT THIS OFFERING (Products, Services & Tools)
Using a scale of 1-5, with 1 being of least interest, and 5 being of highest interest, please rank your level of interest in the following products, services and tools that could be offered in a subscription wealth management service?

 

1. Access to an investment risk self-test

 

2. Access to financial planning checklists and flowcharts

 

3. Access to financial modeling software

 

4. Access to Secure Online Document Vault (for insurance policies, wills, etc)

 

5. Access to calculators for common financial decisions
(Example: Rent vs. Own)

 

6. Access to a members only online content library with video, audio and written content from OJM Group and other outside experts.

 

7. Access to 15 to 25 annual live “Client Town Halls” or “Ask Me Anythings” (AMAs) in a group video setting, led by experts in all of the planning areas you deemed valuable above.

 

8. Access to an online community where young physicians could interact on these issues and view the content library.

 

9. Access to OJM Group’s network of attorneys, CPAs, bankers, consultants, financial therapists and other advisors, with special preferred pricing.

 

10. Technology driven prompts to remind you of and push you toward agreed-upon financial actions and goals.

 

11. Other (please list and rank suggestions):
Please list your ranking of interest (1-5), with 5 being highest interest, after the suggestion in parentheses. Example: Suggested Area of Interest (4)
Add additional rows using the [+] icon.

 

ABOUT THIS OFFERING (Pricing)
What monthly fee would you be willing to pay if all of the areas you chose as very valuable above are delivered through technology or in a group format only; no one-on-one time with an advisor?

 

What monthly fee would you be willing to pay if all of the areas you chose as very valuable above are delivered through technology or in a group format with one annual one-on-one financial review with a certified financial planner (CFP®)?

 

What monthly fee would you be willing to pay if all of the areas you chose as very valuable above are delivered through technology or in a group format with a quarterly one-on-one financial review with a certified financial planner (CFP®)?

 

I think it is reasonable to pay a one-time onboarding fee of:

 

Recognizing that inflation has an impact, what annual increase in the subscription fee is reasonable to pay?