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Find a specialist medical financial advisor with Medics Money

Let us match your requirements to an independent specialist medical financial advisor - handpicked and verified by us and reviewed by doctors like you.

Now more than ever, it’s essential that doctors get the help they need to manage their finances effectively

Doctors’ finances are complex and getting specialist advice is important; Doctors need to think about the NHS pension, investing for the future, income protection and retirement planning, among other things. Medics’ Money is run by doctors who noticed that doctors found it hard to know which financial advisers were good and trustworthy. So, we invited the best Independent Specialist Medical Financial advisers who satisfied our rigorous criteria  to join Medics’ Money. We match your individual requirements to the best adviser for you. You can read reviews from other GMC registered doctors and compare prices.

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Why do doctors need a specialist medical independent financial adviser?

Doctors’ finances are complex and need specialist independent financial advisers. The NHS Pension, NHS sick pay entitlements, death in service benefits and ill health retirement. Unfortunately many financial advisers claim to be specialists but are not. Medics’ Money only matches you to independent specialist medical IFA that fulfil your requirements, verified by us with reviews from doctors like you. Book your free initial consultation with a Medics’ Money accountant here.

Finding a specialist medical financial advisor couldn’t be easier with Medics Money

  • 1
    Tell us your requirements
    Our software matches your requirements to the best specialist medical financial advisor for you from our nationwide network of specialist independent medical financial advisor.
  • 2
    We show you suitable financial advisors
    You can read reviews, see guide prices and browse the financial advisors suitable for you. Then you choose which one you'd like to contact for a free consultation.
  • 3
    You have a free consultation
    Your chosen specialist medical financial advisor will be in touch and the first consultation is free.

Hear what doctors like you have to say about us

Why did Ed and Tommy start Medics’ Money?

Medics’ Money is run by Dr Tommy Perkins and Dr Ed Cantelo, who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.

With doctors wages falling by up to 30% in 10 years*, combined with the pensions issue for senior doctors, the loss of free accommodation and the rising cost of training for junior doctors, we decided to use our unique skillset to help our colleagues.

Download our free ebook

What medical school didn’t teach us about money” gives doctors a step by step plan to transform their financial future.

Over the last 10 years some doctors pay has dropped 30% in real terms, according to the BMA. If, like me you live in an area with a high cost of living, like London or the southeast, it’s likely the problem is even worse. Add in the rising cost of medical school and the increasing pension contributions with punitive taxation it’s clear that now, more than ever, doctors of all ages need to be financially astute.

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Medical financial advisor FAQs

All Medics’ Money financial advisors have been handpicked by us and undergone rigorous verification checks. Each accountant has independent reviews from verified doctors like you, which we constantly monitor to ensure the highest standards. Our software only matches you with the most suitable accountants for your specific accounting needs. Doctors’ tax is a complex area – the NHS pension, tax code errors by payroll, private practice income and NHS income, superannuation, GP practice accounts. Our specialist accountants have the specific knowledge and experience in these areas to make sure your finances are taken care of.

Yes, Medics’ Money is led by Dr Tommy Perkins, a GP, and Dr Ed Cantelo who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.

Medics’ Money is run by Dr Tommy Perkins and Dr Ed Cantelo, who is not only a GP trainee but also a Chartered Accountant and Chartered Tax Advisor with nine years’ experience at PricewaterhouseCoopers LLP London.

With doctors wages falling by up to 30% in 10 years*, combined with the pensions issue for senior doctors, the loss of free accommodation and the rising cost of training for junior doctors, we decided to use our unique skillset to help our colleagues.

Our software will display guide prices to give you an idea of how much it will cost. Compare prices here https://www.medicsmoney.co.uk/accountant-search/ These are example prices. The exact price will depend on your specific circumstances. Our service allows you to compare Medics’ Money verified accountants and in some cases get a quote online for free. For straightword clearly defined tasks you can expect to have a fixed fee quote from your accountant. But more complex tasks will be priced on an individual basis specific to your situation. As a general rule of thumb once you are a higher rate tax-payer, earning over £46,350 per year with several postgraduate examinations and perhaps some ad-hoc locum work you would likely benefit from an accountant.

Broadly there are 2 types of advisor. Restricted advisers can only offer certain products or providers to you. They may be restricted by the range of products they advise on (not always a bad thing) or by providers they recommend (usually bad as you may not get the best deal).

In contrast, Independent Financial Advisers have access to, and sell products from any provider right across the market. Therefore you should get the very best advice and products tailored just for you.

As a result Medics’ Money ONLY recommends Independent Financial Advisers who are specialists in advising doctors. read more here.

Income protection insurance (sometimes known as permanent health insurance) is a long-term insurance policy designed to help you if you cannot work because you’re ill or injured.

If you cannot afford your mortgage or bills without your income, then Income Protection may be needed.

You may not require Income Protection if you feel you could get by on your savings, if your family would support you, you could survive on benefits or you were able to take early retirement through ill-health and start drawing your pension. Remember, you may require a replacement income for a long time.

Each year in the UK over 1 million people find themselves unable to work due to an accident or illness (ABI 2017).

Find out more here.

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Ready to find a specialist medical financial advisor?

Let us match your requirements to an independent specialist medical financial advisor – handpicked and verified by us and reviewed by doctors like you.

Take a look at our Google Reviews

Massive thank you to Tommy and Ed for all that they do to help empower their fellow medics, especially those like myself who just wouldn't have had a clue where to start to sort out their finances. I found the podcasts a great first step to give me ideas for things that I could then later look at more closely - and how amazing that the team have put together so many resources that then make these subsequent steps way easier! I can't recommend Medics Money highly enough 🙂
Kate
Kate
22:11 25 Nov 21
Without a doubt the best advice I have been given. I was really pleased with the service and recommend to all. Tommy was really approachable and took the time to guide me. This was something I should have done years ago. Thanks again. Paul Coulter
P C
P C
19:20 11 Nov 21
Really informative
Michele Richards
Michele Richards
09:27 11 Oct 21
Excellent podcasts. Practical advice with each podcast having at least one thing you can change straight away
pip
pip
07:32 17 Sep 21
Krishan Patel
Krishan Patel
12:08 24 May 21
Fantastic podcast full of useful information, would recommend to any medics
Karanvir Singh
Karanvir Singh
12:35 04 Apr 21
Great website for medical professional looking to gain financial literacy!
Mubashir Siddiqui
Mubashir Siddiqui
20:50 20 Mar 21
nathan banda
nathan banda
06:49 23 Jan 21
Aimed at medics, they offer sensible advice relating to issues medics face. Even a complete novice like me understood the financial principles, thanks to their presentations which are easy to understand. Best of all, they have podcasts which I can listen to on my walks.I think every medic should listen to them at-least once.
kauserjan shaik
kauserjan shaik
07:19 19 Jan 21
Very good
Aslam Khan
Aslam Khan
18:50 30 Nov 20
Niranjan Patel
Niranjan Patel
16:07 17 Nov 20
Used their advice to claims tax rebated for the past 3 years since I qualified as a doctors. Literally hundreds of pound from HRMC. Would recommend to an UK doctor. Great guides and great easy to follow advice
Nene Nyemi-Tei
Nene Nyemi-Tei
14:25 10 Nov 20
Ahmed Sulieman
Ahmed Sulieman
11:10 05 Sep 20
Still in the early stages of dealing with the financial advisor appointed to me by Medics Money, but so far so good. The Medics Money team themselves have been excellent - very swift with replies and always extremely helpful and pleasant. Keep up the good work.
Ben Woodward
Ben Woodward
15:53 25 Jun 20
Really helpful service, great resources for understanding finances at no cost. Responded to a question I sent very quickly and with a thoroughly explained answer.
Bea
Bea
08:59 13 Jun 20
Deepak Sharma
Deepak Sharma
16:19 26 May 20
You guys have stepped up beyond the calling of medicine and healthcare to provide a niche service which can meet the unspoken needs of Doctors and GPs, also GP trainees like me! Wish you the best!!
DR PRADEEP KUMAR
DR PRADEEP KUMAR
16:13 07 May 20
Ayodeji Omosebi
Ayodeji Omosebi
12:08 07 May 20
Saved me a tone.... every dr in training should read this.
imraan umar
imraan umar
21:51 03 May 20
Found the information the had really helpful. Loads of information and amazing communication. 🙂
Sarah Manohar
Sarah Manohar
08:11 03 May 20
Charlotte G
Charlotte G
07:21 03 May 20
Really helpful guidance, all provided free. Thank you!
Seren Peters
Seren Peters
19:32 30 Apr 20
A kind and supportive organisation that helps medics navigate their way through the labyrinth of financial decisions that they have to make throughout their careers.
Chris Howe
Chris Howe
00:45 03 Mar 20
Fantastic, prompt and efficient service, run by doctors who understand the issues and know what's required. I was put in touch with an expert IFA within 24 hours which cam me the confidence I needed to make an informed decision regarding my annual allowance charge. Highly recommended, have already informed colleagues
Adrian Stallwood
Adrian Stallwood
14:50 22 Jan 20
Roger Sepping
Roger Sepping
16:40 21 Jan 20
Mohamad Zeina
Mohamad Zeina
15:39 08 Dec 19
Fantastic service
Imran Khan
Imran Khan
09:18 30 Nov 19
Used their great guide to file tax rebate for professional expenses. Really love what theyre doing. Thanks.
E B
E B
08:44 30 Nov 19
I used their clear and concise guides to registering an account with HMRC and submitting a form for rebate. Very easy to navigate with the guides and took a lot of the stress out of the process. I would highly recommend for anyone with the need to submit requests for rebate - saved me a significant amount of time
Ross S
Ross S
09:16 12 Nov 19
Great website, a real important resource for all medics
Tiago Ivo
Tiago Ivo
16:07 06 Oct 19
The MDM
The MDM
11:58 11 Sep 19
Amy Kelly
Amy Kelly
10:33 27 Aug 19
I have found Medics Money to be very helpful in identifying suitable medical accountancy firms who can provide expert information on my complex financial needs. The website is easy to navigate and has lots of useful information which instils confidence. I was contacted very promptly by one of the recommended firms who gave me some important advice on NHS Pensions. I am still waiting to hear from the accountants but I understand that this is a very busy period for them with lots of interest from doctors based on the new pension rules. Tom contacted me early on to ensure I was happy with the service provided which was reassuring and indicates how serious he is in helping medics to better their financial situation. Thanks for setting up your website. I really appreciate it.
Sudesna Chatterjee
Sudesna Chatterjee
20:39 30 Jul 19
Tommy and Ed were fantastic. Very prompt with their responses and gave very detailed advice.
Nasra Alam
Nasra Alam
15:13 25 Jul 19
Really helpful advice, speedy responses and gave me details of a suitable accountancy service which I have now registered with. Perfect how-to guides which enabled a novice to claim back some tax!
Eleanor Stone
Eleanor Stone
09:33 20 Jul 19
Theo Malthouse
Theo Malthouse
18:21 09 Sep 18
Freddie Green
Freddie Green
09:16 06 Aug 18
Excellent customer service, fast communication and clear replies, I would recommend them to all doctors and nurses and allied health professionals who want to get a good rebate without complications
Alex Moncayo
Alex Moncayo
10:16 11 May 18
Really helpful thanks for your assistance
Richard Sutcliffe
Richard Sutcliffe
07:54 02 Feb 18
Professional, helpful and reliable. They went above and beyond to help my case and responded quickly to queries. Highly recommend them to my colleagues.
Eleanor Lee
Eleanor Lee
19:44 12 Dec 17
Fantastic service. Hassle free. Rebate came through very quickly. Excellent communication throughout.
Steve Phillips
Steve Phillips
14:39 15 Nov 17
Excellent and professional team. They saved me many potential headaches!
Jan Klepacki
Jan Klepacki
20:16 06 Oct 17
Great company. Saved me lots of money. Much quicker than I was expecting too.
Paul Sampson
Paul Sampson
07:37 20 Jul 17