Earned Wealth Raises $200 Million for Acquisitions and Expansion in Advising Doctors on Finances

Earned Wealth, a startup that specializes in advising doctors on their professional and personal finances, has recently made headlines by raising an impressive $200 million in new funding. This influx of capital, led by Summit Partners and Silversmith Capital Partners, marks a significant milestone for the company as it looks to expand its services and pursue strategic acquisitions in the near future.

Founded in 2021, Earned Wealth offers a comprehensive platform that provides medical professionals with expert advice on financial planning, tax planning, wealth management, and investing. By consolidating these services into one convenient platform, the company aims to streamline the financial planning process for doctors and help them navigate the complexities of managing their finances effectively.

With over 3,000 clients and $2 billion of assets under management, Earned Wealth has quickly established itself as a trusted partner for physicians seeking guidance on a wide range of financial matters. CEO John Clendening emphasizes the company’s commitment to simplifying the financial landscape for doctors and providing them with the support they need to make informed decisions about their wealth.

In addition to its core offerings, Earned Wealth is actively seeking opportunities to acquire similar businesses that cater to medical professionals. By expanding its reach and enhancing its service offerings, the company aims to become the go-to financial services provider for doctors, offering a comprehensive suite of solutions for both personal and practice-related financial needs.

One notable acquisition made by Earned Wealth was the purchase of Thomas Doll, a California-based investment adviser specializing in serving physicians and dentists. This strategic move allows Earned Wealth to broaden its service offerings to include in-house tax planning and retirement programs, further solidifying its position as a leader in the industry.

As the company continues to grow and evolve, its mission remains clear: to provide doctors with the tools and resources they need to achieve financial success both personally and professionally. With a strong focus on innovation, customer service, and strategic growth, Earned Wealth is well-positioned to make a lasting impact on the financial well-being of medical professionals across the country.

If you’re a doctor looking for expert financial advice and personalized support, Earned Wealth may just be the partner you’ve been searching for. Stay tuned for more exciting developments from this dynamic startup as it continues to revolutionize the way doctors approach their finances.