Physicians Wealth Solutions

What Physicians Wealth Solutions does

Physicians Wealth Solutions, LLC is a Columbus, Ohio-based, fee-only registered investment advisor founded in 2013 by Mark W. Kamann and John D. Quimjian M.D. to deliver financial planning and wealth management services to physicians and medical professionals, with subsequent expansion to other professionals. The firm operates as a fiduciary with no proprietary products and earns revenue through recurring annual management fees on assets under management, starting at 0.5% per year, with most clients qualifying for free financial planning and no minimum account size.

The firm delivers its core service via personalized, consultation-based financial planning combined with customized portfolios built from individual stocks, ETFs, mutual funds, and bonds. Its technology stack is asset-light: Charles Schwab & Co., Inc. provides custody and account administration, while the firm's differentiating product layer is its Model Portfolios Program, which includes two proprietary ETF-based allocations—the Reduced Risk ETF Model Portfolio (1–4 year horizon, 57% historical S&P 500 correlation, annually rebalanced) and the Risk-On Growth ETF Model Portfolio (5+ year horizon, with an optional market timing program)—designed to keep combined internal fund and advisory fees at approximately 1% per year or below.

The go-to-market is relationship-driven and small-scale: four team members (two founding partners plus a senior financial advisor/portfolio manager who joined in 2015 and a Chief Compliance Officer) deliver direct advisory services from a single Columbus office. Marketing relies on a content-led website, free initial consultations, referrals, and community sponsorship—most notably as Silver Sponsor of the Columbus Medical Association. No AI/ML capabilities, external funding, M&A activity, or geographic expansion beyond the U.S. Midwest are documented in the input.

Name

Physicians Wealth Solutions

Legal name

Physicians Wealth Solutions, LLC

Website

https://physicians-ws.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Physicians Wealth Solutions is a Columbus, Ohio fee-only registered investment advisor (founded 2013) that provides personalized financial planning, investment management, and estate/wealth-transfer services primarily to physicians and other professionals, charging 0.5% or more per year on assets custodied at Charles Schwab.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Fee-Only Advisory (FSAEAAAL)

akta.pro secondary industry

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)

Keywords

• Financial advisory services
• Wealth management
• Investment management
• Retirement planning
• Fiduciary financial planning

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Advisory/Management Fees: Fee-for-service advisory model where clients pay an annual management fee based on assets under management. The firm acts as a registered investment advisor with fiduciary duty to act in clients' best interest. No proprietary products are sold, and no commissions are earned on product sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Physicians Wealth Solutions provides fee-only financial advisory and investment management services for physicians and other professionals. The firm builds customized diversified portfolios using individual stocks, ETFs, mutual funds, and bonds tailored to each client's risk tolerance and time horizon, and offers free financial planning for most clients with management fees starting at 0.5% per year. All client assets are custodied at Charles Schwab & Co., Inc.

Product overview

Physicians Wealth Solutions is a fee-only financial advisory firm offering a unified suite of services centered on investment management and financial planning for physicians and professionals. The core offering includes customized diversified portfolios (stocks, ETFs, mutual funds, bonds) with management fees starting at 0.5% per year and free financial planning. This core platform is enhanced by two Model Portfolio programs: the Reduced Risk ETF Model Portfolio (for 1-4 year horizons, 57% S&P 500 correlation) and the Risk-On Growth ETF Model Portfolio (for 5+ year horizons, with optional market timing). All client assets are custodied at Charles Schwab. The firm also offers estate planning/wealth transfer advisory services as part of its comprehensive offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Physicians Wealth Solutions Core Advisory Services Comprehensive fee-only financial advisory service for physicians and other professionals, including customized diversified portfolios of stocks, ETFs, mutual funds, and bonds tailored to risk tolerance, plus financial planning. Management fees start at 0.5% per year with no minimum account size and most clients qualify for free financial planning.
• Reduced Risk ETF Model Portfolio Diversified low-cost ETF model portfolio designed for intermediate-term investors with a 1-4 year time horizon. The portfolio has a historical 57% correlation to the S&P 500 and is rebalanced annually.
• Risk-On Growth ETF Model Portfolio Diversified low-cost ETF model portfolio designed for long-term investors with a time horizon of 5+ years. The portfolio is rebalanced annually and can optionally utilize a market timing program to move investments to cash during market downturns.
• Estate Planning and Wealth Transfer Services Advisory services covering estate planning and wealth transfer strategies, helping clients preserve wealth for heirs through techniques such as gifts, trusts, and other estate planning instruments.

Quantifiable outcome

• Management fees starting as low as 0.5% per year, significantly below industry averages
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Charles Schwab & Co., Inc.coreTechnology or IntegrationCharles Schwab & Co., Inc., Member SIPC, maintains custody of all client assets in individual accounts. This partnership provides institutional-grade asset custody and account administration services, ensuring client assets are held securely in their own individual accounts.
• Columbus Medical AssociationminorOthersPhysicians Wealth Solutions is a Silver Sponsor of the Columbus Medical Association, demonstrating their commitment to the local medical community they primarily serve.

Scale indicators1 record

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Schwab Intelligent Portfolios Premium: Schwab's hybrid robo-plus-advisor service offering managed portfolios with CFP access for a 0.85% advisory fee plus premium subscription. Competes directly on cost (sub-1% all-in) and already serves as Physicians Wealth Solutions' custody platform, making it both partner and competitive threat.
• Edelman Financial Engines: One of the largest independent RIAs in the U.S., serving a broad mass-affluent and HNW client base including professionals with fee-based portfolio management. Broad incumbent with similar fiduciary, low-conflict positioning and substantially greater scale and geographic reach.
• Creative Planning: Large national RIA serving high-net-worth individuals including physicians and professionals, with comprehensive financial planning and investment management. Represents the scale threat — Creative Planning has aggressively acquired smaller RIAs and offers the same fiduciary, fee-based model at greater breadth.
• Fisher Investments: Large RIA managing over $200B primarily for high-net-worth individuals including professionals and corporate executives. Offers personalized portfolio management at competitive fees and represents a major incumbent competing for the same professional client base.
• Vanguard Personal Advisor Services: Vanguard's hybrid digital-plus-advisor wealth management service with 0.30% advisory fees and a $50,000 minimum. Competes directly on low-cost index/ETF-based portfolios and poses margin pressure on small niche RIAs like Physicians Wealth Solutions.

Direct peers

• Personal Capital (Empower Personal Dashboard): Hybrid digital wealth management platform combining free financial tools with paid advisory services (0.89% for first $1M, dropping at scale). Direct competitor for tech-savvy physicians and professionals who want low-cost fiduciary advice with digital account aggregation.
• White Coat Investor: Financial education and planning platform built specifically for physicians and high-income professionals. The most direct niche competitor to Physicians Wealth Solutions, sharing the physician-vertical focus and content-driven marketing approach, though White Coat Investor operates at a much larger scale.
• Larson Financial Group: Mid-size RIA providing fee-only financial planning and wealth management to professionals, business owners, and medical practitioners. Similar in scope and target market to Physicians Wealth Solutions but operating at meaningfully larger scale across multiple offices.

Others

• Financial Finesse: Provider of employer-sponsored financial wellness programs that often include one-on-one coaching for medical professionals and high-income employees. Adjacent to Physicians Wealth Solutions — reaching the same physician audience through employer channels rather than direct advisor relationships.

Emerging players

• Betterment: Leading robo-advisor with optional CFP access, charging 0.25–0.65% with no account minimums. Competes on price and digital UX for younger physicians and professionals who may bypass traditional advisor relationships for a low-cost automated alternative.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/physicians-wealth-solutions-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Physicians Wealth Solutions