48 - Mythbusters in the Financial Marketplace with Nick Giovannetti

07/30/24 • 45 min

Dr. Wing Lim hosts Physician Empowerment Masterclass Faculty Member and Certified Financial Planner Nick Giovannetti in a myth-busting conversation on the financial marketplace. Win and Nick discuss the good and bad aspects of the industry, what to look for, how to verify information, and why research is important before entrusting your wealth to an advisor or team.

Nick Giovannetti explains that the relative ease with which licensing can be attained in the financial industry leads to some advisors not being proficient in areas where they may claim proficiency. He advises anyone looking to work with a financial advisor to perform due diligence - to search how long somebody has been insurance licensed or, if they are less experienced, do they have a good team around them. It’s alright to ask questions about somebody’s abilities. Wing and Nick talk about why everyone should background check where information is coming from, perform peer review, encourage the financial team members to work together, and why we should not be afraid to explore other financial planning options if we’ve outgrown our current team. This episode myth-busts common misconceptions, addresses concerns, and offers sound advice on everything in the financial marketplace.

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About Nick Giovannetti:

Nick is a Certified Financial Planner® with a fully Integrated Wealth Planning Team. His approach to financial planning centers around a deep understanding of clients' goals and objectives, fostering long-term relationships built on trust and transparency.

Nick is one of the professional Masterclass Faculty members of Physician Empowerment.

Contact Nick Giovannetti:

Physician Empowerment:

Attend an upcoming Empowerment Retreat
Join the Physician Empowerment Masterclass now
Website: PhysEmpowerment.ca

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About Nick Giovannetti:

Nick is one of the professional Masterclass Faculty members of Physician Empowerment.

Contact Nick Giovannetti:

Physician Empowerment:

Attend an upcoming Empowerment Retreat
Join the Physician Empowerment Masterclass now
Website: PhysEmpowerment.ca

Previous Episode

47 - Implementing AI in the Medical Practice

Dr. Kevin Mailo is joined by physician and entrepreneur Dr. Amjed (AJ) Kadhim-Saleh. AJ has a remarkable story to share because he is not only a family physician in Toronto who built his own clinic in his second year of residency, but an AI entrepreneur as well. He and his wife are the founders of Pippen, an AI technology specifically designed to ease the administrative notes burden of physicians. He tells Kevin all about how it works and why it will revolutionize physician lives.

Dr. Kadhim-Saleh describes how building and managing his own clinic from the ground up was a big challenge that added an extra administrative burden to his days. He says that one of the largest unpaid administrative burdens is one that faces all physicians: taking patient notes. The extra time drain from that pushed him towards burnout. So he and his wife created an AI that works in the background of patient conversations, transcribes, and takes notes. It frees physicians from being stuck to a screen taking notes instead of facing patients and conversing and eases the burden. AJ describes the potential of AI for physicians to Kevin, explaining all the ways in which it is already making their lives easier and the ways it will be incorporated into practices and clinics in the future.

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About Dr. AJ (Amjed) Kadhim-Saleh:

AJ is a community family physician and clinic owner in Toronto. AJ has a deep understanding of the joys and pains of practicing family medicine, building an efficient practice, and creating workflows that work for family physicians. AJ developed Pippen [AI] so that family physicians could claim back their time, feel supported, and have a great day at work. AJ also wants to help physicians discover the wonder of AI, which is poised to revolutionize how physicians deliver care.

Dr. AJ (Amjed) Kadhim-Saleh:

LinkedIn
Website: Pippen.ai

Physician Empowerment:

Attend an upcoming Empowerment Retreat
Join the Physician Empowerment Masterclass now
Website: PhysEmpowerment.ca

Next Episode

49 - Medical Entrepreneurship with Dr. Eileen Heo

Dr. Wing Lim hosts Dr. Eileen Heo in the first episode of a new series about medical entrepreneurship. Eileen graduated from the University of Toronto Medical School and then did a family medicine residency at UBC, across the country. Upon completing residency, she moved back to Toronto where she is in her first five years of real practice. Wing talks with her about why she chose not to open a clinic and instead went into being a hospitalist.

Dr. Eileen Heo and Dr. Wing Lim discuss what it is about working in a hospital that Eileen finds so compelling and they also address the family medicine crisis in Ontario, which is also more or less nationwide. Eileen honestly shares that fee increases are not keeping pace with inflation and the related difficulties of wealth building as a medical practitioner. This led her to her non-medical entrepreneurship in educating herself about financial well-being through studying investing, stock options, e-commerce, and managing personal finances. Wing and Eileen shed a lot of light on why understanding finance is such an important investment for any physician.

Contact Dr Eileen C D Heo, BMSc, MD, CCFP: