If the Mayo Clinic deserves a second opinion, don’t your finances?
When it comes to our health, a second opinion is common. In fact, it’s expected. It’s the norm.
Any time we get a life-altering diagnosis, we always want another doctor or a specialist to have a look before we even begin considering treatment.
According to a Mayo Clinic study completed in 2017, 21% of patients who sought a second opinion left with a completely new diagnosis, and 66% were deemed partly correct, but treatment was refined or redefined by the second doctor.
Think about that: Even the Mayo Clinic, renowned as one of world’s finest hospitals, is subject to second opinions (and on reevaluation, even the majority of their doctors are only “partly correct.”)
With that in mind, doesn’t your financial well-being deserve the same attention?
A Second Opinion is a Positive Part of Your Financial Game Plan
A second opinion isn’t an insult. It isn’t an indictment. When it comes to your health, many people hesitate when it comes to getting a second opinion because they are worried it will offend their doctor, at the risk of their own health. But medical professionals know that science is always moving quickly, and new approaches and ideas that may offer fewer side effects and shorter recovery time are being innovated daily.
The same is also true for your finances. We have a team of professionals at Phronesis Wealth Management working every day to stay on the cutting edge, trying to find the right strategy to almost every situation to help our clients pursue their goals.
Your finances, like your health, often get divided up among a series of specialists. With your health, you may work with a dietician, a specialist, or a surgeon who helped with that nagging knee injury, but your primary care physician is always there to help keep things moving in the right direction. When it comes to your finances, you work with valued advisors, including your accountant and an attorney; and we are here to be that first line of defense for your finances, striving to provide a cohesive game plan, and the necessary second opinions.
The Team at Phronesis Wealth Management Is in Your Corner
Whether the topic is medicine or finance, there is no one-size-fits-all solution. In medicine, tests can be inconclusive and there can be different approaches that are both effective. At the end of the day, you deserve a team in your corner. You deserve a cohesive strategy. You deserve a second opinion. Call our financial planning office in Severna Park for a complimentary consultation or book a 15-minute introductory meeting online.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.