Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

Lawrence B. Keller, CFP®, CLU®, ChFC®, RHU®, LUTCF is the founder of Physician Financial Services, a New York–based firm specializing in income protection and wealth accumulation strategies for physicians.

Authored Items

Top 10 Reasons to Hire a Financial Planner (and 1 Reason Not to)

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

January 2017, Vol 7, No 1

Financial Management, Practice Management

It is no surprise that physicians are at a disadvantage when it comes to personal financial management. Although physicians receive the best medical training in the world, they are not provided with the knowledge necessary to deal with the business realities of practicing medicine or their financial well-being. Read More ›

Do Target Date Funds Hit the Mark?

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

October 2016, Vol 6, No 10

Financial Management, Practice Management

Physicians seem to have a natural affinity for complexity. That’s a good thing for patients with difficult diagnoses, but it’s a prescription for disaster when it comes to investing. Owning a myriad of securities spread across a dozen or more financial accounts usually means more taxes, more transaction costs, less clarity, and more time spent on investing. Read More ›

Understanding Succession Planning

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF; Mathew J. Levy, Esq

August 2016, Vol 6, No 8

Financial Management, Practice Management

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF; Gary S. Sastow, Esq

May 2016, Vol 6, No 5

Financial Management, Practice Management

Healthcare providers in private practice often ask whether they should form a legal entity. You need to decide if you want to “incorporate,” and to determine which business entity is best for you based on your individual needs and goals. Read More ›

Three Ways to Save Taxes While You Invest

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

March 2016, Vol 6, No 3

Financial Management, Practice Management

You pay more than your fair share of taxes, so when it comes to your investments, why would you pay more than you absolutely have to? Read More ›

7 Steps to a More Financially Secure 2016

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

January 2016, Vol 6, No 1

Financial Management, Practice Management

It is a new year. That means you have another chance to start over again, to take a fresh look at your finances, and to get on track for the future. So, where should you begin? Read More ›

Life Insurance as a Charitable Gift

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

December 2015, Vol 5, No 9

Financial Management, Financial Management, Practice Management

Philanthropic individuals can contribute a wide variety of assets to charity. In addition to the social good that comes with the contribution, there may also be a financial benefit to the donor through an income tax charitable deduction for the charitable gift. Read More ›

Life Insurance Planning: What Type and How Much?

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

November 2015, Vol 5, No 8

Financial Management, Practice Management

A life insurance policy is a contract with an insurance company that will pay your beneficiary a sum of money in the event of your death. Because of its potential to rapidly appreciate in value, along with its tax-favored status (the proceeds your beneficiary receives are generally income tax–free), it can be used to solve even the most complex financial planning challenges. Read More ›

Top 5 Principles for Investment Success

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF; Konstantin Litovsky

October 2015, Vol 5, No 7

Financial Management, Practice Management

Investment management is all about deciding how best to put your money to work to achieve your financial goals. Understanding risk is a key part of the investment planning process. Read More ›

Common Deductions Taken by Aggressive Taxpayers

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF; Andrew D. Schwartz, CPA

June 2015, Vol 5, No 5

Financial Management, Practice Management

It is a fact of life. The current tax system rewards taxpayers who are aggressive with their deductions. To find out what people are deducting, we undertook an informal survey of many of our colleagues who are certified public accountants. Read More ›

Seven Steps to Finding the Right Financial Advisor

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

May 2015, Vol 5, No 4

Financial Management, Practice Management, Practice Management

By Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

March 2015, Vol 5, No 2

Financial Management, Practice Management

By W. Ben, Utley, CFP; Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF

February 2015, Vol 5, No 1

Financial Management, Practice Management

Ten Tips to Cut Your 2014 Taxes