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Best Financial Advisors for Physicians (2026)

Four advisory firms that work with physicians, compared on what each one publishes and files with the SEC: fees, minimums, services, who holds your money, and disciplinary history. Tick any two or three to compare them side by side.

Joshua Dunigan, DO
EDITOR-IN-CHIEFJoshua Dunigan, DO
Sources cited
Updated September 27, 2026
MedMoneyGuide is committed to editorial integrity.
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Key takeaways

  • •Four fee models: WealthKeel charges a monthly subscription from $700, FPL a flat $10,000 or $15,000 a year, Integrity a tiered flat fee from $5,000 a year, and Aptus flat fees for advice only, about $7,400 in the first year.
  • •WealthKeel works only with physicians (plus dentists and veterinarians), and Aptus focuses on early-career physicians. FPL and Integrity serve a wider clientele, with a physician program and a medical-professional focus respectively.
  • •Minimums: none at WealthKeel or Aptus; typically $500,000 at Integrity and FPL, though FPL’s Emerging Physician Program has no minimum.
  • •SEC records: FPL and Integrity report no disciplinary events. Aptus has three resolved state actions over late registration. WealthKeel’s advisers have clean records; the firm operates through Vicus Capital, which isn’t fee-only firm-wide.

An advisor for a physician should be a fiduciary paid only by you, and should know how training, student loans, and practice income change the plan. This review compares four firms that say they work with physicians, using only what each firm publishes and what it files with the SEC. How to find, interview, and pay an advisor is covered in How to Choose a Financial Advisor as a Physician, and the compensation terms in fee-only vs. fee-based advisors.

On September 27, 2026 we read each firm’s website and its Form ADV on the SEC’s Investment Adviser Public Disclosure site: Part 1 for assets, staff, and disciplinary history, and the Part 2A brochure for fees and conflicts. Where the website and the brochure differ, we show both. MedMoneyGuide has no affiliate or advertising relationship with any of these firms.

An earlier version of this page gave the firms badges and a top pick, linked Integrity Wealth Solutions to a different firm’s website, and described Scholar Financial Advising as a student loan specialist. Scholar’s site and brochure now describe a practice for high earners and ultra-high-net-worth families, with physicians as one example among several, so we dropped it. Claims we couldn’t find on a firm’s own site or filings are gone.

Four firms, side by side

Tick up to 3 firms to compare them side by side.

Aptus FinancialAdvice only; you invest on your ownAbout $7,400 the first year
FPL Capital ManagementFPL Capital ManagementManages investments; Schwab or FidelityFlat $10,000 or $15,000 a year
Integrity Wealth SolutionsManages investments; SchwabTiered flat fee from $5,000 a year
WealthKeelManages investments; FidelityFlat monthly fee from $700
Aptus Financial
Fee
About $7,400 the first year
Minimum
None stated
Manages your money
No
Custodian
Your own brokerage
FPL Capital Management
Fee
Flat $10,000 or $15,000 a year
Minimum
$500,000 (none for new physicians)
Manages your money
Yes
Custodian
Charles Schwab and Fidelity
Integrity Wealth Solutions
Fee
Tiered flat fee from $5,000 a year
Minimum
Typically $500,000
Manages your money
Yes
Custodian
Charles Schwab
WealthKeel
Fee
Flat monthly fee from $700
Minimum
None
Manages your money
Yes
Custodian
Fidelity

Each firm’s website and SEC Form ADV, read September 27, 2026. Full terms, including exceptions to minimums, are in each firm’s section.

Firm by firm

Aptus Financial

Little Rock, AR; works with clients nationwide by video. Founded 2011 (as SC Financial Care until 2015). SEC-registered as Aptus Financial, LLC, CRD 280033.

Fee model
What Aptus Financial publishes
Flat fees for advice only. Aptus doesn’t manage your investments; you carry out the plan in your own accounts.
Published fees
What Aptus Financial publishes
  • Comprehensive Plan: $3,700 one time. Enhanced Comprehensive Plan, for practice owners, 1099 contractors and similar: $5,000.
  • AptusCare ongoing support: $205 a month; AptusCare Enhanced $335; AptusCare Limited $105, available only after the first annual review.
  • Annual Review: $1,250 a year; Enhanced Annual Review $1,850.
  • Aptus puts the typical first year at about $7,400 and later years at about $3,700. Fees are adjusted for inflation each year, and unusually complex work is billed at $310 an hour.
Minimum
What Aptus Financial publishes
No asset minimum stated. Aptus doesn’t sell one-time plans and asks for a one-year commitment.
Physician focus
What Aptus Financial publishes
Says it focuses on early-career physicians and offers flexible payment terms for the move from residency or fellowship to a first attending job. It also works with other early-career professionals.
Services
What Aptus Financial publishes
Cash flow, debt, insurance, college and retirement planning, plus a low-cost index fund plan you implement yourself. Aptus says it doesn’t give detailed tax or legal advice, specialize in new plans for retirees, or consult on practices, businesses or real estate.
Manages your money
What Aptus Financial publishes
No. You keep and trade your own accounts.
Custodian
What Aptus Financial publishes
None. Your accounts stay wherever you hold them.
How it’s paid
What Aptus Financial publishes
Fiduciary, paid only by clients. Its brochure says it sells no products and takes no commissions or referral payments. None of its 12 employees is a broker-dealer representative or insurance agent (Form ADV Part 1).
Assets
What Aptus Financial publishes
None; clients manage their own money. About 634 advice clients (Form ADV Part 1, filed September 15, 2026).
Disciplinary record
What Aptus Financial publishes
Three state actions, all over late registration or notice filing as its client count grew in those states: Pennsylvania (June 2021, $5,000 assessment), Virginia (January 2022, $6,000 assessment) and Ohio (June 2023, cease-and-desist order and consent agreement; Aptus returned $28,625 in fees to 13 Ohio clients). All are resolved.
  • •Its team lists a student loan consultant and a physician, Jim Hayman, MD, as a financial wellness consultant.

Best for: Residents finishing training and early-career attendings who will run their own index funds and want a planner checking the plan. Aptus Financial’s site · SEC record

FPL Capital Management

Metairie, LA; serves investors nationwide. Founded 2000. SEC-registered as FPL Capital Management, LLC, CRD 117499.

Fee model
What FPL Capital Management publishes
Flat annual fee for planning and investment management, not a percentage of assets.
Published fees
What FPL Capital Management publishes
  • Website: $15,000 a year; $10,000 a year for households with less than $5 million managed.
  • Website: an Emerging Physician Program for new physicians charges 0.70% of assets managed, up to a maximum flat fee.
  • Brochure: the annual fee ranges from $5,000 to $15,000; in some cases FPL charges 0.70% of assets until the fee reaches the cap for the service level, never above $15,000. Hourly planning is $250 for clients whose accounts it doesn’t manage.
Minimum
What FPL Capital Management publishes
$500,000, which FPL may reduce or waive (brochure). The Emerging Physician Program has no account minimum (website).
Physician focus
What FPL Capital Management publishes
Works with investors generally. Its fees page offers an Emerging Physician Program for new physicians that covers student debt, saving, and disability and term insurance needs.
Services
What FPL Capital Management publishes
Investment management with an investment policy statement, tax-loss harvesting, rebalancing and private markets access; retirement, estate and tax planning; and retirement plan services, including defined benefit and cash balance plans, for employers.
Manages your money
What FPL Capital Management publishes
Yes, mostly on a discretionary basis.
Custodian
What FPL Capital Management publishes
Charles Schwab and Fidelity
How it’s paid
What FPL Capital Management publishes
Fee-only fiduciary (brochure). None of its 5 employees is a broker-dealer representative or insurance agent (Form ADV Part 1).
Assets
What FPL Capital Management publishes
$1.08 billion as of December 31, 2025 (Form ADV)
Disciplinary record
What FPL Capital Management publishes
None reported
  • •Its fees page lists tactical equity models and leveraged ETF strategies alongside its passive portfolios.

Best for: Physicians with a few million invested, where a flat $10,000 to $15,000 costs less than a percentage fee; new physicians through the Emerging Physician Program; practice owners who also need a retirement plan adviser. FPL Capital Management’s site · SEC record

Integrity Wealth Solutions

Denver, CO; works with clients nationwide. Founded 2016. SEC-registered as Integrity Wealth Solutions LLC, CRD 284862.

Fee model
What Integrity Wealth Solutions publishes
Tiered flat annual fee set by the assets it manages, billed quarterly. Financial planning is included above $500,000.
Published fees
What Integrity Wealth Solutions publishes
  • Assets managed of $500,001 to $1 million: $5,000 a year. $1 million to $3 million: $7,500. $3 million to $6 million: $10,000. $6 million to $10 million: $15,000. $10 million to $15 million: $25,000. $15 million to $25 million: $40,000. Higher tiers are in its brochure.
  • Under $500,000, accepted at its discretion: 1% a year, with the first financial plan billed separately, typically $3,000 (range $1,000 to $5,000).
Minimum
What Integrity Wealth Solutions publishes
Typically $500,000 in investable assets; exceptions need a principal’s approval.
Physician focus
What Integrity Wealth Solutions publishes
Lists “Medical Professionals in All Areas of Specialties” first among the groups it serves, ahead of individuals, couples and families, and small business owners.
Services
What Integrity Wealth Solutions publishes
Portfolio management in low-cost index mutual funds and ETFs, with tax-loss harvesting and rebalancing, advice on held-away 401(k) and 403(b) accounts, and financial planning covering retirement, tax, insurance, education and estate. It doesn’t prepare tax returns or draft estate documents.
Manages your money
What Integrity Wealth Solutions publishes
Yes, on a discretionary basis.
Custodian
What Integrity Wealth Solutions publishes
Charles Schwab
How it’s paid
What Integrity Wealth Solutions publishes
Fee-only fiduciary (its website). Its brochure says it has no broker-dealer or insurance agency affiliations and receives no compensation other than client fees.
Assets
What Integrity Wealth Solutions publishes
$369 million as of December 31, 2025 (Form ADV); two advisers
Disciplinary record
What Integrity Wealth Solutions publishes
None reported
  • •Its brochure says it pays to be listed as a recommended advisor on some third-party websites.

Best for: Physicians with $500,000 or more to invest who want managed index portfolios for a fee that rises in fixed steps rather than with every dollar. Integrity Wealth Solutions’s site · SEC record

WealthKeel

Tampa, FL; works with clients nationwide. Founded 2015. SEC-registered as Vicus Capital, Inc. (WealthKeel’s advisers are registered through Vicus Capital), CRD 116021.

Fee model
What WealthKeel publishes
Flat fee: a one-time planning fee, then a monthly subscription that WealthKeel says is capped. Not a percentage of assets.
Published fees
What WealthKeel publishes
  • Ongoing planning and investment management (“Inpatient Planning”): $3,000 to build the plan, then from $700 a month.
  • The monthly fee adds $100 for household income of $500,000 to $1 million or $300 above $1 million, and $200 for net worth of $500,000 to $1 million or $400 for $1 million to $3 million. Above $3 million of net worth it is set by complexity.
  • Residents and fellows: $500 a month while in training.
  • One-time plan only (“Outpatient Planning”): $7,000, with 3-, 6- and 9-month options.
Minimum
What WealthKeel publishes
None; WealthKeel says it has no investment or net worth minimum.
Physician focus
What WealthKeel publishes
Works only with physicians and their families, and also with dentists and veterinarians. It says most clients are 30 to 55 with household incomes of $400,000 or more.
Services
What WealthKeel publishes
Tax, investment, retirement, student loan (including PSLF), insurance and cash flow planning. Its founder holds the Certified Student Loan Professional mark. It doesn’t sell insurance.
Manages your money
What WealthKeel publishes
Yes, at Fidelity; or investment guidance if you’d rather manage it yourself.
Custodian
What WealthKeel publishes
Fidelity (WealthKeel’s site); Vicus Capital also uses Charles Schwab.
How it’s paid
What WealthKeel publishes
Fiduciary, paid a flat fee by clients. WealthKeel doesn’t describe itself as fee-only, and Vicus Capital isn’t fee-only firm-wide: its brochure says many of its advisers are also registered representatives of the broker-dealer Cetera Wealth Services. WealthKeel’s three advisers on IAPD, Chad Chubb, Zack Levine and Zac Otwell, are registered only as investment adviser representatives.
Assets
What WealthKeel publishes
WealthKeel: more than $256 million under advisement as of December 31, 2025 (its site). Vicus Capital firm-wide: $2.99 billion (Form ADV, March 20, 2026).
Disciplinary record
What WealthKeel publishes
None on the IAPD records of WealthKeel’s three advisers. Vicus Capital’s brochure reports no disciplinary events; its Form ADV Part 1 carries one criminal disclosure for an individual advisory affiliate who is not on WealthKeel’s team.

Best for: Physicians at any stage who want ongoing planning and managed investments for a predictable monthly fee, including residents and fellows at $500 a month. WealthKeel’s site · SEC record

Which one, for whom

  • •Residents and fellows who want ongoing help now: WealthKeel, at $500 a month while in training. Its student loan planning covers PSLF and income-driven repayment, and its founder and one planner hold the Certified Student Loan Professional mark.
  • •Early-career attendings who will invest on their own: Aptus. You keep your accounts and buy the index funds yourself; Aptus puts the first year at about $7,400 and later years at about $3,700.
  • •$500,000 to $3 million to invest, and you want it managed: Integrity Wealth Solutions, at $5,000 a year up to $1 million and $7,500 up to $3 million, in index funds at Schwab.
  • •Several million invested: FPL Capital Management at $10,000 a year below $5 million managed and $15,000 above it, or Integrity’s $10,000 tier for $3 million to $6 million. Compare that with 1% of your balance.
  • •Practice owners who sponsor a retirement plan: FPL also advises employer plans, including defined benefit and cash balance plans. Aptus’s enhanced plan is aimed at practice owners but, by its own description, doesn’t consult on the practice itself.
  • •Whichever you pick, read the firm’s current Form ADV Part 2A before you sign, and ask for the fee in writing. Every figure here is the firm’s published term as of September 27, 2026.

Frequently asked questions

What does fee-only mean, and are these firms fee-only?

A fee-only adviser is paid only by its clients, never by commissions on products it recommends. Aptus, FPL Capital Management and Integrity Wealth Solutions describe themselves as fee-only, and their Form ADV filings show no broker-dealer or insurance ties. WealthKeel is paid a flat fee by clients, and its three advisers are registered only as investment adviser representatives, but it doesn’t call itself fee-only and it operates through Vicus Capital, where many advisers are also broker-dealer representatives. Our fee-only vs. fee-based guide explains the difference.

Is a flat fee cheaper than paying 1% of assets?

Above a certain balance, yes. On $2 million, a 1% fee is $20,000 a year; Integrity Wealth Solutions’ published tier for $2 million is $7,500 and FPL Capital Management’s fee is $10,000. Below about $1 million the gap closes: FPL’s $10,000 equals 1% of $1 million, and Integrity charges 1% on relationships under $500,000. WealthKeel prices on your household income and net worth rather than your portfolio, so early in a career its $8,400-a-year starting fee can exceed 1% of a small portfolio.

Do I need an advisor who manages my investments?

No. Aptus is advice-only: it builds the plan and checks in every couple of months, and you buy index funds in your own accounts, for about $3,700 a year after the first year. WealthKeel manages money at Fidelity but will give investment guidance if you’d rather do it yourself. FPL and Integrity are built around managing your portfolio. If you are comfortable placing trades and rebalancing once a year, advice-only is the cheaper route on this list.

Which of these firms work with residents?

WealthKeel charges residents and fellows $500 a month while in training. Aptus says it offers flexible payment terms for physicians moving from training to a first attending job. FPL’s Emerging Physician Program has no account minimum and charges 0.70% of assets up to a cap. Integrity Wealth Solutions typically requires $500,000 in investable assets.

How do I check an advisor’s record myself?

Search the firm or the adviser by name on the SEC’s Investment Adviser Public Disclosure site, adviserinfo.sec.gov. The firm page links its Form ADV. Part 1 lists assets, how many staff are also brokers or insurance agents, and any disciplinary events; the Part 2A brochure lists fees and conflicts of interest. For an individual, check whether they are also registered with a broker-dealer. Our guide on how to choose a financial advisor as a physician lists the questions to ask on a first call.

Why doesn’t this page rate the firms or name a top pick?

Because the right firm depends on how much you have invested, whether you want someone else to manage it, and where you are in your career. We compare what each firm publishes and what it files with the SEC instead. MedMoneyGuide has no affiliate or advertising relationship with any firm on this page, and every link goes to the firm’s own site.

Sources

Aptus Financial

FPL Capital Management

Integrity Wealth Solutions

WealthKeel

Firm logos are from each firm’s own website. Form ADV filing dates are the SEC’s; a firm can amend its filing at any time, so check the current version on adviserinfo.sec.gov.

Related reading:

How to Choose a Financial Advisor as a Physician •Fee-Only vs. Fee-Based Advisors •Investing Your First $100k

This page is for educational purposes and is not financial advice. Fees, minimums, and services are each firm’s published terms as of September 27, 2026 and can change; the firm’s advisory agreement and current Form ADV govern. Links go directly to each firm’s own site. See our advertising disclosure.

Joshua Dunigan, DO

About the Author

Joshua Dunigan, DO | Family Medicine Resident & Founder

I'm a family medicine resident physician in Des Moines, Iowa (class of 2027). I founded MedMoneyGuide to give physicians specialty-specific financial guidance, with sources you can check.