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Oct. 6, 2024

Financial Empowerment for Women Physicians

Welcome to this week’s episode of Doctor’s Eyes Only!

In this episode, Vestia Partner and CEO Lauren Oschman is joined by fellow Partner Jacque Denson for an insightful conversation about the Women Physician Group at Vestia Personal Wealth Advisors. Co-founded by Lauren and Jacque, this specialized practice group is dedicated to empowering women physicians with tailored financial guidance and support.

Lauren and Jacque discuss how their group goes beyond investment advice, offering expertise in areas like negotiating job contracts and helping women physicians advocate for what they’re truly worth. They share strategies for living their signature Wealth That Matters® lifestyle—where financial success aligns with personal values and life goals.

The episode explores compelling data that shows women tend to outperform men in their investment portfolios. Lauren and Jacque attribute this to several factors, including women’s tendency to trade less frequently, their heightened awareness of risk, and their openness to seeking financial coaching.

They also dive into the unique financial challenges women physicians face when planning for major life events, such as starting a family or taking parental leave. Jacque emphasizes the importance of intentional financial planning, considering factors like income during leave, additional expenses, and potential career transitions.

Additionally, Lauren and Jacque shed light on the gender pay gap in medicine, particularly in high-paying specialties like cardiology. They offer actionable advice on negotiating for fair compensation, understanding your worth, and using strategies tailored specifically for women in medicine.

Thank you for tuning in to Doctor’s Eyes Only! Be sure to subscribe and follow us for more empowering episodes released every other week. Don’t forget to leave a review and let us know what resonated with you the most! For questions or more information, reach out to us at myteam@vestia.com or visit www.vestiaadvisors.com. See you next time!

 

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