Complete Banking and Trust Services
We partner with financial institutions around the country to provide a complete array of banking services. The following types of services are available:
Cash Management Services
- Checking accounts
- Credit cards
- FDIC insured money market accounts up to $3 million
- ATM and check cards
- Online bill paying
Debt Facilities
- E-Loans against investments
- Line of credit
- Mortgages
Trust Services
We know that as time passes, and your family's assets grow, there are ever expanding needs. In some cases trustee services are required. We can work with any delegated trustee you choose, or we can provide trust and administrative services for you. We work with personal trusts, irrevocable life insurance trusts, charitable trusts and special asset trusts.
Physicians' Financial Resource Group
The PFRG Story...By Kelly B. Trevethan, CIMA®
Other Private Counseling Services
Families often need to create strategies for estate planning or tax minimization. We can work with your own legal team, or recommend attorneys who specialize in a particular area of need to ensure that your family is protected appropriately for whatever circumstance you are seeking to manage.
When Dr. Michael Sheinberg made the transition from Chief Resident of Neurosurgery at the University of Michigan to a private practice group in Berkeley, California, he was 34 years old and entirely unprepared to properly manage his personal finances. Like most of his colleagues in medicine, he had no background or knowledge about how best to set and achieve financial goals, despite the fact that over the upcoming years his financial resources would expand dramatically. During his first years in practice, he bounced from one financial advisor to another, generally dissatisfied with the products and disappointed with the understanding people in financial services had of the situation facing young physicians.
Later, while attending business school, he told a classmate who had been extremely successful in building and selling his own asset management business about his frustrations. Without hesitation, he referred Dr. Sheinberg to The Trevethan Group, who had been advising his classmate's financial affairs for many years. Dr. Sheinberg's initial fear that his own modest net worth would not be well attended to by someone who typically worked with higher net worth individuals proved unfounded.
Over time, Dr. Sheinberg became convinced that there was a tremendous need for the services Kelly and his team provided among his physician colleagues. Many physicians lack a source for financial services with a true insight into their specific situation. This need was the genesis for Physicians' Financial Resource Group. (PFRG)
Kelly and Dr. Sheinberg originally formed PFRG to specifically meet the financial needs of specialty physicians and medical groups. Their backgrounds combine extensive experience in asset management for high net worth individuals with an understanding of the issues physicians face. Although Dr. Sheinberg has returned to his medical practice, PFRG's goal remains to provide physicians and physician groups in all stages of practice, from residency to retirement, with financial products and services from a trusted source and designed specifically for them.
Medical Practice Retirement Plans
Neurosurgeon's Retirement Plan
Plan Sponsors: Hidden Fees Increase Liabilities
