PRESENTED BY: KENSLEY DOUGAN REGISTERED FINANCIAL ADVISER STRATEGIES FOR WEALTH Physician Contracts/Agreements
Registered Representative and Financial Advisor of Park Avenue Securities, LLC (PAS), Securities/products and advisory services offered through PAS, a registered broker/dealer and investment advisor. Financial Representative, The Guardian Life Insurance Company of America (Guardian), New York, NY. PAS is an indirect, wholly owned subsidiary of Guardian. Strategies for Wealth is not an affiliate or subsidiary of PAS or Guardian. PAS is a member FINRA, SIPC. Disclosure
Before the Search for a Position Make a List of MUST Haves Relocation bonus Sign on bonus Salary (That your happy with) Housing Child care Research Hospital Research Location
Term sheet Term Sheet- The purpose of this Term Sheet is to briefly describe the material terms under which all of the physicians (“Physicians”) practicing with [Practice name] (“Practice”) would become employees of [Hospital name] (“Hospital”). Hospitals offer to you The starting point of the negotiation Look for your must haves
What to be Aware of Benefits Role and responsibilities Termination Length of contract Bonus
When is a good time to negotiate your terms Now is the time Experience vs Expertise Remember you are in control Let me look this over
Professionals and Organizations Financial Advisors Contract Attorneys Professional Associations (NHMA)