Family CFO Service for Physicians in PA and Greater Philadelphia Region
We act as one single contact for coordinating all your financial activities.
Handwerk Consulting
Your Time Is Valuable
We specialize in working with physicians that know their time is valuable and want to work with a professional that understands the intricacies of their situation. Let us examine your financial plan to make sure you’re making sound decisions today and in the future.
Unlike Any Other Financial Firm
Chances are, you’ve never seen a financial firm like ours. Our Family Office offers far more services and goes into much more detail than financial advisors. We provide many services to our families, including estate planning, asset protection, tax mitigation, and charitable giving strategies. We work with a select few affluent families and become their Personal CFO.
Chief Financial Officer Services for Physicians
Is your financial puzzle complete?
You face a lot of financial concerns in your day-to-day life, from saving for retirement to protecting your family and your business. All these financial puzzle pieces have to fit together otherwise, your financial strategy won’t be unified. But who is working with you to put in the time necessary to answer all of these questions and coordinate and implement strategies related to your financial life? If you don’t have an answer, the answer is you! That means that in addition to being a successful physician, you now also have to be a finance expert.
Let our Family Office help with that. We will put all the financial planning puzzle pieces in their proper place to do our best to ensure that everything fits. No more guessing about whether or not it will all come together, just confidence that you’re in good hands—because we can see the big picture.
How We Help You
Comprehensive Financial Review for a Salaried Physician
How we helped a salaried physician achieve his goals and create a roadmap for a more secure financial future.
Decoding Cryptocurrency and Digital Assets Management for Physicians in PA
We will guide our families through the laws, restrictions, and tax implications of cryptocurrency.
Decoding Cryptocurrency and Digital Assets Management for Physicians in PA
We will guide our families through the laws, restrictions, and tax implications of cryptocurrency.
Taxation for Physicians
Taxes are one of the most significant expenses you will face as a physician. We assist you in taking advantage of all relevant tax credits and deductions.
Asset Protection for Physicians and Medical Professionals in PA
As a physician, it’s not a matter of if you will be involved in a medical lawsuit for malpractice, but when. We help you reduce the possibility of losing your assets.
Philanthropic and Charitable Giving Advice for Physicians and Medical Professionals in PA
Your family CFO helps you support your most important charities and causes in a more sustainable and impactful way.
Estate Planning for Physicians in PA
Physicians, after years of working, have very complex estate plans, more than the majority of people from other professions. As your CFO, we help you achieve your desires and pass on your legacy.
Retirement Advisory
Your virtual CFO ensures you are mentally and financially prepared for the journey into a meaningful, happy retirement.
Customer Reviews
Derrick explained to me that he takes all the information that he requests and spends a lot of time looking it over. He then came back to me with recommendations to reduce my expenses and my taxes. Nobody has ever taken the time to review my situation like that before.
M.R. Invasive Cardiologist
Client
Due to the very few families that Derrick advises, he is able to give me the time I need to get into the weeds of our family's affluence, which no other advisor has ever done. He found holes in our situation and had recommendations to help address the issues he discovered.
J.S. C-Level executive
Client
Handwerk Consulting team was able to use their network of high-level advisors and help me set up the correct corporate entity and manage the process with the attorney so it was very easy for me.
G.L. Neurologist
Client
Derrick was able to look at my entire financial picture and give me a realistic opinion of the possibility of me running out of money in retirement.
J.F. Entrepreneur
Client
As a physician, unjustly losing my assets is a concern. Derrick was able to incorporate asset protection into my situation, which did not cost me any money.
A.L. Orthopedic Surgeon
Client
Derrick looks at my situation and is proactive with planning on possibilities that happen in the future. Also, whenever I call, he picks up his cell phone and answers my questions.
E.H. Owner of Cosmetic Clinic
Client
Derrick worked with my accountant to find assets which I could put in a donor-advised fund, while my accountant would not have taken the extra time or initiative to investigate my alternatives.
M.L. Lawyer
Client
Derrick has given me better service and advice than the family office I worked with previously, and they charged triple of what Derrick charges.
P.R. Physician private practice
Client
Derrick only works with families like mine. He has a lot of knowledge on how to work with affluent families and find ways to improve our financial situation.
N.G. Family Private Practice
Client
Meet Derrick Handwerk
Derrick has owned, managed, and consulted for privately held businesses for over 25 years. He received his MBA from Lehigh University in Bethlehem, PA, and was nominated as a Martindale Business Scholar.
He has also been certified as a Certified Wealth Strategist®. The CWS® training focuses specifically on real-world strategies for the affluent.
His certification in Wealth Preservation and Asset Protection is from the Wealth Preservation Institute.
- Master-level program focused on the needs of affluent families.
In addition to frequent television appearances, Derrick has written over 100 articles and been featured in a number of publications, including The Wall Street Journal, Reuters, MarketWatch, Yahoo!, and various business journals.
About Us
Advanced Planning
Advanced planning for physicians is essential for a successful financial life. Our team understands your needs and plans, and then develops a strategy to help pursue your retirement and financial security. We know that as a physician you want more than just money management. You want a true solution to have peace and confidence related to your financial status. Reach out to our team to find out more.
Resiliency Plan
Strategy Development
Innovative Solutions