The Annex Wealth Management FAQ below answers what physicians and dentists ask a wealth advisor before the first call, from the minimum to income draws. It's written mostly for people with a late start on saving, student loans and sometimes a practice to think about, plus adult children helping a parent. Questions are grouped by situation: still working, just retired, helping a parent. It won't quote fee percentages, pick funds or give advice on your own tax return, because that takes your paperwork and a real conversation.
Frequently asked questions
Still working: I'm a 44-year-old anesthesiologist with $700,000 saved. Is Annex Wealth Management the right wealth advisor for me?
Yes, at $700,000 you clear the $500K minimum for investable assets. Annex Wealth Management, LLC is a wealth advisor that starts from your monthly spending and builds the portfolio to fund it. It works with clients coast to coast, with reviews held online or by phone. The firm serves 490,000 clients and $3.9 billion in client assets as of 10/5/2026.
Still working: How is Annex Wealth Management paid, and when will I see the cost?
Before any work starts, in a written agreement. Annex Wealth Management sets out its fees on paper, so you read the cost first and can question it line by line. For general arithmetic only, not a quote, a 1% fee on $500,000 is $5,000 each year, which is why the agreement deserves a slow read.
Still working: I'm a 38-year-old dentist with $380,000 saved and $240,000 in student loans. What happens below the $500K minimum?
The firm's minimum is $500K in investable assets, so $380,000 falls short. Ask through the request form whether Annex Wealth Management can help anyway, because this page can't promise an exception. If you add $3,000 each month, the $120,000 gap closes in 40 months before any investment growth. Loan payments and saving compete for the same cash, so decide that split first.
Still working: What happens if I leave my hospital job for a partnership in a private practice?
The plan gets rewritten, starting with your monthly spending. Bring the paperwork: the new offer letter, the buy-in terms and the last statement from your old 401(k) or 403(b). Annex Wealth Management then recalculates cash flow, since a buy-in loan or a lower first-year draw changes what the portfolio must fund, and decides what happens to the old account.
Still working: Can I change my mind after rolling my old 403(b) into an IRA?
Sometimes, but plan on it being hard to reverse. Once a rollover completes, moving the money back depends on whether a new employer plan accepts incoming rollovers, and trades already made can't be undone. Ask the old plan for its rules in writing first, and read the ending terms in any advisory agreement before you act.
Still working: Do I have to move my group practice 401(k) and my old brokerage account to Annex Wealth Management?
No. A current 401(k) usually stays where it is while you work there, and Annex Wealth Management reviews it alongside everything else. The old brokerage account is different, because selling to switch funds can create tax. For illustration, a $40,000 gain taxed at an assumed 20% costs $8,000, so we work out that cost before suggesting any sale.
Just retired: I retire at 65 with $1.2 million. How does Annex Wealth Management turn it into monthly income draws?
It starts with spending, not the balance. Say, hypothetically, you need $10,000 each month and Social Security pays $3,500. The $6,500 gap is $78,000 each year, or 6.5% of $1.2 million, which is high and would need adjusting. Annex Wealth Management sets the income draws account by account. Investments can lose value, so a down year can change those numbers.
Just retired: The letter from my IRA custodian mentions an RMD. Who keeps track of it?
You are responsible, though the custodian usually sends a notice. Required minimum distributions start at age 73, or age 75 if you were born in 1960 or later. Annex Wealth Management puts the date in your plan and works out which account pays, so the amount isn't a year-end scramble. Check the current IRS penalty for a missed one.
Helping a parent: My mother, 79, got a Medicare letter about a higher premium. Can I join her meetings?
Yes, if she invites you. Meetings are held online or by phone, by appointment, so there are no walk-in hours, and you can ask when booking to have a child on the call. The Annex Wealth Management request form is how to book; this page doesn't publish a reply time. Keep her Medicare letter handy for the call.
Helping a parent: Where is my father's money held if he becomes a client at age 82?
In general, an independent custodian, such as a bank or brokerage firm, holds the account in the owner's name. That is general information, not a statement about any one firm. His custodian's statement lists every holding, so ask for the custodian's name in writing and check it against his year-end statement before moving anything.