When Joel makes a suggestion to physicians as to what they should do to better their financial health, he knows what he’s talking about as he is a physician as well as a CERTIFIED FINANCIAL PLANNERTM professional.
Joel is a sr. financial advisor and partner at St. Louis Park, Minnesota-based Greenwald Wealth Management, a financial planning firm that works exclusively with physicians to help grow, manage and protect their wealth. Joel’s 22 years of working as a financial advisor is informed by the perspective of his decade-long practice in internal medicine with HealthPartners in Saint Paul, Minnesota.
He earned his MD from Albert Einstein College of Medicine in New York and completed his Internal Medicine Residency at the University of Minnesota. As a result, Joel understands the financial and personal stress that medical professionals experience and the demands put on their time.
The New York Times, Minneapolis Star Tribune, Forbes.com and Wall Street Journal.com have profiled Joel.
A frequent contributor to Medscape, Minnesota Medicine, and Medical Economics magazines, Joel has advised hundreds of physicians on every aspect of their financial lives managing their investments for long-term financial security, evaluating insurance needs, coordinating estate planning and retirement asset management, and planning to finance college for children and grandchildren.
Joel frequently presents workshops on financial planning topics and has spoken before the Minnesota Medical Association and the American College of Physicians.
Joel has been married for 31 years to Dr. Carol Grabowski who practices both Radiation Oncology and Hospice/Palliative Care Medicine. They have three sons – Jacob, who works in Washington, DC and also pursuing a Master’s in Security Policy Studies at George Washington University; Sam, who will be enrolling in the Master’s of Science in Health Services Research, Policy and Administration program at the University of Minnesota School of Public Health; and Zach, a rising sophomore at Northeastern University. Joel enjoys keeping up with the financial planning literature and reading both fiction and non-fiction. Carol and Joel are avid Gopher Men’s Hockey fans as well as Minnesota Lynx fans.
“I never realized how difficult it was to practice medicine till I left practice. Helping physicians gain a sense of control over their finances so they can concentrate on their practices, their families and their activities outside of their profession gives me great satisfaction and is one of the pillars on which Greenwald Wealth Management is founded.” – Joel Greenwald