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Fiduciary Fee-Only Financial Planning and Investment Management 

With a Specialization in Physicians and other Healthcare Professionals

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Featured In

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At Wealth Care LLC, our goal is to help you achieve your goals and dreams through highly personalized,full-service financial planning and investment management. As independent, fee-only advisors, we sell no products, make no commissions, and work only for you. 



We understand that life doesn’t just happen between 9-5, so we are here to offer advice when you need it. That means if something comes up and you need an answer on a Tuesday evening, or a Saturday morning, we are not only available to talk, we encourage you to be in touch.

Financial and Investment Services Designed to Care for You

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Financial Planning & Investment Management Services


We work with people on a long-term basis as partners in achieving the things that are most important to them in life. We provide coordinated financial planning and investment management services, and consulting on areas such as tax planning, asset protection, and estate planning.



While we love to meet with clients in person, we work with many clients on a purely virtual basis.  We work with clients all over the U.S. on comprehensive financial planning and investment management. 


We are 100% focused on your needs and goals. Your financial plan should revolve around you.

WHAT FEE-ONLY financial planning MEANS FOR YOu:

  • Our compensation comes solely from you.
  • We receive no compensation from any product recommendations.
  • We never accept commissions, cross-selling fees, referral fees, or kickbacks.
  • Our firm is a fiduciary to you – meaning that we are always required to act in your best interests.  


We work with clients on a long-term basis providing comprehensive financial planning and investment management.  Our fees are as follows:

  • 1% per year on the first $1 million that we manage for you
  • .5% per year on the next $2 million that we manage for you
  • .25% per year on assets over $3 million that we manage for you

Our minimum annual fee is $7,500.

Our Team

Steven D. Podnos  MD, MBA, CFP® Photo

Steven D. Podnos MD, MBA, CFP®

Steven Podnos is the principal of Wealth Care, LLC. After obtaining his MD from the University of Florida, Steven went on to complete a residency and fellowship in pulmonary medicine at the University of Texas Southwestern Medical School. 

After completing his medical training, Steven practiced pulmonary and critical care medicine in Central Florida. During this time, he always had a strong interest in personal finance and managed money for family and friends. After many years, Steven decided to make his passion his career.

Steven went on to earn an MBA and a CFP®, and soon after opened Wealth Care LLC in 2002. Wealth Care LLC is a fee-only Registered Investment Advisor that now advises over 200 families nationwide.  Steven left the Air Force Reserve in late 2023 (after 15 years of service) as a Colonel, Flight Surgeon and Critical Care Air Transport Team physician.  He was also named as an official CFP Board ambassador in 2014. Steven wrote and published the book “Building and Preserving Your Wealth,” which is available for purchase on Amazon

Rachel Podnos O'Leary  JD, CFP® Photo

Rachel Podnos O'Leary JD, CFP®

Financial Planner

Rachel Podnos obtained both her bachelor’s degree and law degree from the University of Florida, where she was a Gator cheerleader. Following law school, she obtained her CFP® designation while working for a fee-only investment management firm in the Washington, DC area.  Rachel is a member of the Florida Bar.  Rachel joined Wealth Care LLC in 2014 as a financial planner and is based in Austin, Texas.  Rachel is the author of 21st Century Wealth: The Millennial's Guide to Achieving Financial Independence, available on Amazon.


Lauren Podnos CFP® Photo

Lauren Podnos CFP®

Financial Planner

Lauren Podnos obtained dual Bachelors degrees in Finance and Marketing from Florida State University.  She studied the CFP®  curriculum at Georgetown University in Washington, D.C. and is a CFP Certificant.  Lauren has worked in the financial industry in Washington DC, New York City, and Austin TX.  She has worked at financial institutions such as Fidelity Investments and TIAA.  She joined Wealth Care LLC in 2017 as a fee-only fiduciary financial planner.



NAPFA advisor, wealth care llc Brevard County, Florida

CFP advisor, wealth care llc, Brevard County, Florida

Financial Planning and Investments for Doctors,  Dentists and Medical Professionals

From Residency Through Retirement 

We understand your unique financial needs


Although we do not limit our practice to medical and dental practitioners, we have unique interests and experience in working with them, from residency through retirement.

Steven Podnos MD CFP® was in a full time practice of Pulmonary/Critical Care Medicine for over twenty years, ran a Hospitalist program, and still practices medicine on a limited basis in the Air Force Reserve.

Rachel Podnos JD CFP® brings a unique perspective with both legal and financial planning expertise to help review the many legal and liability issues associated with medical and dental practices.

Please see our “In The News” section for many articles addressed at the medical and dental professions. We’d love to hear from you!


Guiding You To Financial Security


In The News (archived)   

October 26 , 2022

CFP - Financial Planning For Future Doctors

October 1, 2022

Financial Advisor Magazine - Estate Planning For A New Day

September 8, 2022

MIlitary Officer's Journal - Magic Of Roth IRAs

July 11, 2022

MOAA Journal - Mid Year Tax Moves.pdf

June 10, 2022

Medscape - Physicians Incomes Rebounding From Pandemic: Survey

April 20, 2022

CFP Board - Savings Tips For Military Families

February 4, 2022

Medical Economics - Why Physicians Need A Good Financial Adviser

November 2, 2021

Yahoo Finance - Investing Checklist: Things To Do By Year-End

June 30, 2021

Medical Economics - Building Wealth 

June 23, 2021

Medical Economics - A Good Financial Advisor Can Offer More Than Just Financial Advice

May 20, 2021

Thrive Global - Find Financial Freedom By Taking These 8 Steps

April 21, 2021

The Street - Pay Less Taxes And Get Closer To Financial Independance With Two Simple Strategies

April 21, 2021

Medical Economics - Retirement Savings For Doctors: Advice From An Expert

April 9, 2021

Barron's - A Guide To Pandemic Related Tax Breaks

March 31, 2021

CFP Board Blog - Succession Planning In The "New Normal".  Strategies For Small Business Owners Looking To Retire During The Pandemic

March 23, 2021

Time - How Much Of Your Income Should Go Toward Housing, According To The 28/36 Rule

February 11, 2021

Forbes - Best In State Wealth Advisors 2021

January 29, 2021

TC Palm - Think Of Trusts As Buckets For Your Assets; They Can Be Filled Up.

January 25, 2021

The Street - What To Watch For In Retirement Plans Under President Biden

October 18, 2020

CFP Board - Financial Tips For Health Care Planning

September 2, 2020

White Coat Investor - Recommendations From A Financial Advisor

May 22, 2020

Barron's - It's A Weird Market. Time To Go Active.

March 2, 2020

Washington Post - Correction Or Crash: A Q&A With Financial Experts On What You Should And Shouldn't Do With Your Retirement Money

February 25, 2020

Washington Post - The Coronavirus Is Tanking The Stock Market. Here’s What Not To Do.

January 19, 2020

Authentic Medicine - Building The Ark

January 16, 2020

Forbes - Best-In-State Wealth Advisors 2020

January 8, 2020

Let's Make A Plan - Set Your 2020 Financial Resolutions

January 1, 2020

Marketplace - How The SECURE Act Changes Saving For Retirement

December 17,2019

Yahoo Finance - How To Donate To Charity From Your IRA

December 1, 2019

Authentic Medicine - Financial Flexibility

November 10, 2019

Authentic Medicine - Preparing For "Medicare For All"

October 29, 2019

Authentic Medicine - Financial Crimes Towards Physicians

October 23, 2019

Authentic Medicine - Did You Open Your Umbrella?

October 13, 2019

Authentic Medicine - What Are Physicians Worth To Hospitals

September 9, 2019

Authentic Medicine - What Do Patients Want From Their Physician

August 21, 2019

Retirement Daily - Umbrella Liability Insurance In Retirement

August 10, 2019 

Authentic Medicine - The Target On Your Back

July 28, 2019

Authentic Medicine - Social Security Advice Might Be Wrong

July 25, 2019

Authentic Medicine - Dual Income Insurance Conundrums

July 20, 2019

Authentic Medicine - Don't Be Fooled On Asset Protection

July 17, 2019

Authentic Medicine - The Crimes Of Whole Life Insurance Salespeople

June 21, 2019

Medical Economics - Financial Success Tips From A Physician

June 3, 2019

FA Magazine - Do Annuities And 401(k) Plans Mix?

May 31, 2019

FA Magazine - A Doctor-Advisor Finds RX For Client's Financially Abused Father

May 7, 2019

CFP Let's Make A Plan - Financial Planning For Entrepreneurs

March 29, 2019

Op-Med - Why I Try To Live FIRO, Not FIRE

March 13, 2019

Op-Med - Are You Spening Enough To Enjoy Life?

March 12, 2019

FinancialPlanning.com - This Increasing Client Risk Will Change Advisor Practices. Here's Why

March 5, 2019

Retirement Daily - Protecting Your Assets In Retirement

March 5, 2019

Investopedia - Outside-The-Box Ideas For This Year's Tax Refund

February 25, 2019

The Streets Retirement Daily - Indexed Annuities- Risk And Reward In Retirement Investing

February 12, 2019

Yahoo Finance - How To Donate Your IRA Required Minimum Distribution To Charity

December 30, 2018

USA Today - Why Now Is The Perfect Time To Look Over Your IRAs, 401(k)s And Other Retirement Accounts

November 29, 2018

Market Watch - These People Left Their Jobs Behind To Retire Early - Then Life Got In The Way. Here's How They Coped With FIRE Plans Gone Wrong

November 13, 2018

White Coat Investor - 5 Reasons To Choose A Fee-Only Fiduciary Advisor

November 12, 2018

The Street - Your Retirement Plans and Elections: Gridlock, Taxes, Social Security

November 8, 2018

Investopedia - How To Build Your Insurance Into Your Retirement Plan

September 26, 2018

USA Today - Before The Death Of A Spouse, Here's How To Prepare A Financial Plan For Living Alone

September 12, 2018

Market Watch - Banks Are Trying To Get A Piece Of The Payday Loan Pie

September 7, 2018 

The Manual - Why You Should Max Out Your 401(k) Now For A Better Life Later

August 21, 2018

Market Watch - The American Dream Is Getting Smaller

July 1, 2018

FA Magazine - RIA 2018 Rankings

June 21, 2018

Investopedia - RIAs Use Tech To Solve Small Business Woes

June 20, 2018

Market Watch - People Are Getting Loans To Pay For Their Vacations

May 22, 2018

Investopedia - The Eligibility Requirements Of Roth IRAs

May 18, 2018

Market Watch - The Salesman May Be Right, You Don't Have Enough Life Insurance

May 15, 2018

White Coat Investor - Fake Financial Advice

May 2, 2018

USA Today - Financial Planning - How To Determine If You Need Life Insurance In Retirement  

April 6, 2018 

Market Watch - Buying Diamonds? Avoid Drew Brees's $9-Million Mistake

April 5, 2018

Wallethub - 2018's Most & Least Financially Literate States

April 2, 2018

Investopedia - Know Who Your Financial Advisor Really Works For

February 23, 2018

CNBC - Were Bill Gross Is Investing His Money After Calling Bear Market

January 3, 2018

Investopedia - Finding An Advisor Who Will Work in Your Best Interests

December 14, 2017

Washington Post - Thinking About Investing in Bitcoin?

December 6, 2017

White Coat Investor - Asset Protection Mistakes Physicians Make

September 26, 2017

CFP Board - 4 Questions to Ask Before Buying a Home

September 4, 2017

Magnify Money - Buying a Home

August 25, 2017

Wealth Care LLC's Responses to Jason Zweig's 19 Questions

August 2, 2017

Investopedia - Fake Financial News

August 1, 2017

Thought Catalog - Why Millennials Should Focus Spending On Knowledge, Not Experiences

June 29, 2017

Investopedia - Is a 30 Year Mortgage Your Best Option? 

May 23, 2017

MarketWatch - Are You Financially Sound?

May 1, 2017

Investopedia - What Does Retirement Mean To You? 

April 21, 2017

Investopedia - The Academics of Financial Planning 

April 3, 2017

 US News and World Report - Retirement and Taxes

March 22, 2017

NerdWallet - Millennials and Retirement

March 17, 2017

NY Post - Fed Rate Hike

March 7, 2017

Investopedia - Patience and Risk

February 8, 2017

San Francisco Chronicle - Work Longer

February 6, 2017

Vero Beach Magazine - The Cost of Not Having a Financial Planner

February 5, 2017

Vero Beach Magazine - Choose Your Charity Wisely

February 3, 2017

Investopedia - Asset Protection Through Umbrella Policies

January 17, 2017

Why You Need a Financial Planner - Vero Beach Magazine 

January 16, 2017

USA Today - How To Prepare Financially for Your Death

December 21, 2016

MarketWatch - 21 Things Not To Buy in 2017

December 19, 2016

NerdWallet - Short Answers to Basic Personal Finance Questions

December 14, 2016

MarketWatch - Fed Hike and Credit Cards

November 25, 2016

Washington Post - Trump and the Markets

November 13, 2016 

TIME.com - What To Do If Your Aging Parents Are Going Broke

November 3, 2016

Investopedia - Beating the Market

October 28, 2016

Investopedia - Inflation

October 27, 2016

AARP - Elder Care

October 20, 2016

Investopedia - Why Use A CFP

October 11, 2016

Washington Post - Affording Kids

September 21, 2016 

MarketWatch - Most People Don't Save At All

September 20, 2016

Nasdaq - Don't Worry About Estate Taxes

September 20, 2016

altfi.com -  Avoid Alternatives

September 7, 2016

MarketWatch - Financial Stress

September 6, 2016

NerdWallet - Investing in Emerging Markets

August 12, 2016

MarketWatch - Your Revocable Trust Does Not Provide Asset Protection

August 12, 2016

Nasdaq - Alternatives

July 21, 2016

NerdWallet - Long Term Care Insurance

July 18, 2016

Physician's Practice - The Fed

July 5, 2016

Nasdaq - Trusts and Asset Protection

June 19, 2016

Physician's Practice - Misinvesting

June 12, 2016

Wall Street Journal - Buy and Hold

June 10, 2016

MarketWatch - Estate Planning and Millennials

May 23, 2016

NerdWallet - Whole Life vs Term Life Insurance

May 16, 2016

Physician's Practice - Risk in Retirement

May 10, 2016

NerdWallet - Dental Insurance Is Not Insurance

May 1, 2016

Financial Planning - Longevity

April 22, 2016

Washington Post - College Savings

April 19, 2016

Physician's Practice - Index Funds

April 13, 2016

Huffington Post - When Disaster Strikes a Small Business

March 31, 2016

NASDAQ - Cars and Asset Protection

March 25, 2016

Bloomberg Businessweek - Retiring Boomers

March 21, 2016

Physician's Practice  - Alternatives

March 17, 2016

Think Advisor - Career Changers

March 16, 2016

NASDAQ - Starting A Family

March 16, 2016

Medical Economics - Why You Need a Personal CFO

March 8, 2016

Physician's Practice - Physician Practice Buyouts, Part II

February 12, 2016

Medical Economics - Goals, Not Performance

January 26, 2016

NASDAQ - Protecting Inherited IRA Assets

January 19, 2016

Physician's Practice - Social Security Timing

January 11, 2016

Medical Economics - Federal Reserve

January 4, 2016

Physician's Practice - Investments Can't Be Treated Like Patients

December 21, 2015

Physician's Practice - Investment Strategies for Retirement

December 16, 2015

Nasdaq - Trusts

December 7, 2015

Physician's Practice - Parents and Health Insurance

November 30, 2015

Medical Economics - Mortgage Refinance

November 23, 2015

Physician's Practice - How Medical Practices Reduce Taxes

November 17, 2015

Medical Economics - Should You Own Real Estate as an Investment?

November 10, 2015

Medical Economics- Value of a Pension

November 6, 2016

Physician's Practice - Will Your Money Last? 

November 2, 2015

Medical Economics - SIMPLE IRAs

October 26, 2015

Physician's Practice - Your Home in Retirement

October 19, 2015

NASDAQ - Retirement Plans for Self-Employed Workers

October 19, 2015

Medical Economics - Like Watching Paint Dry

October 15, 2015

CFP Board - Uncertainty is Unevitable

October 12, 2015

Physician's Practice - The Decreased Cost of Retirement

September 30, 2015

Medical Economics - Resilience in Investing

  September 28, 2015

Physician's Practice - Getting Ripped Off By A Broker

 September 21, 2015

Medical Economics - Fixed Income

September 15, 2015

Wall Street Journal - Morning Trading 

September 14, 2015

Physician's Practice - Medical Costs

September 7, 2015

Medical Economics - Investing and Emotion

September 2, 2015

NerdWallet - Helping Grandchildren

September 1, 2015

Physician's Practice - Contrary Investing

August 29, 2015

Medical Economics - Understanding Your 401k

August 28, 2015

NerdWallet - Three Insurance Policies You Probably Need

August 17, 2015

Physician's Practice - Maybe You Don't Need Life Insurance?

August 15, 2015

Medical Economics - Asset Protection Issues for Married Physicians

August 13, 2015

Think Advisor - China's Confusing Currency Devaluation

August 12, 2015

CFP Board - College Costs

August 3, 2015

Physician's Practice - Why Use a CFP

July 27, 2015

Physician's Practice - Cost of a House

July 20, 2015

Physician's Practice - Inflation and Retirement

July 6, 2015

Physician's Practice - Rising Interest Rates

June 2014

Wealth Management-Incapacity




November 5, 2023

Considering Having Children? Know There Will Be Many 'Money Choices' For Years To Come

October 8, 2023

Financial Storms Can Be Risky. That's Where An All-Weather Portfolio Can Come In Handy

September 9, 2023

There Are Many Reasons For Using A Trust In Estate Planning. Which Kind Fits Your Needs.

August 13, 2023 

Efficient Markets. What Does That Mean For Your Investments?

July 17, 2023


June 16, 2023

I Know I Need A Will, But Do I Need A Trust Too? If So, Why?

May 21, 2023

Afraid Of Letting Emotions Drive Your Investments? Here's How To Avoid That.

April 16, 2023

Active? Passive? What Does That Mean When It Comes To Investment Funds.

March 12, 2023

Know What 'Satisficient' Means? It Could Be Key To Your Financial Future. 

January 22, 2023

Interest Rates And The Stock Market: How Are They Related?

December 23, 2022

When Investments Offer Much Higher Returns Than Safe Ones: Beware

November 25, 2022

Million Dollar Question: How Do We Teach Our Kids About Money?

October 21, 2022

What Does It Mean To Look At Social Security As A "Large Bond"

September 17, 2022

There Is More To Think About Than What Stock To Buy When Reviewing Your Portfolio

August 13, 2022

Make The Math Of Rental Real Estate Add Up For You

July 10, 2022

My Portfolio Is A Mixed Bag Of Assets: Just What Does 'Fixed Income' Mean?

June 4, 2022

Think You're Getting Iffy Financial Advice? These Red Flags May Be Flying

April 30, 2022

Figuring Out Your Brackets? The Tax Ones, Not The March Madness Kind

March 25, 2022

Stuff, Experience Or Savings?

February 19, 2022

My Retirement Plan Payout: What Should I Do With It To Make It Count?

January 14, 2022

You've Been A Success On The Job - Here's How To Avoid 'Failing' Retirement

December 9, 2021

You've Worked, Saved And Build A Good Nest Egg: Yes, It's Okay To Buy The Shoes.

November 5, 2021

Retirement Can Be Scary: Are You Financially Ready For That Loss Of Income?

October 1, 2021

Cryptocurrency Might Sound Exciting, But It Pays Off To Resist Urge To Get Rich Quickly

August 27, 2021

The Simple Secret To Financial Success: Save Early, Save As Much As You Can

July 23, 2021

Financial Questions With A Personal Answer: What Is The Purpose Of Wealth?

June 17, 2021

Getting Older Is Hard Enough, From Finance To Family Issues: Are You Prepped To Go It Solo?

May 7, 2021

Should You Leave Your Children A Financial Legacy? A Few Thoughts And Tips.

March 26, 2021

Spending More In Retirement: Yes? No? What Is A Safe Withdrawal Rate?

February 25, 2021

Should I Take Retirement Funds As A Lump Sum Or Streamed Over My Lifetime?

January 1, 2021

Some Investments Just Aren't Safe: Seek Help To Maneuver The Pitfalls

December 11, 2020

It's Your Life Savings We're Talking About Here: What To Do, What to do?

November 20, 2020

Deciding How To Use, Save Money Reflects Who We Love And What Matters Most To Us

October 16, 2020

Successful Investing: We're All Different, So How Do We Figure Out What Works Best For Us

September 17, 2020

Why Is That Fund In My Portfolio?

August 11,  2020

Just Do Something With Your Money But Don't Let Your Frustration Lead To Mistakes

July 3, 2020

Did You Have A Financial Plan In Place Pre-COVID-19

June 5, 2020

Business Matters: Dealing With The Psychology Of Retirement Income

April 20, 2020

Investing Is Easy But Many Factors Make It Not So Simple

February 13, 2020

Financial Matters - Put Your Own Interests First And Choose Adviser Wisely

January 2, 2020

Business Matters- Figuring Out Retirement Costs In Advance

November 26, 2019

Get Real: Think Taxes, Inflation When It Comes To Investing Your Money

December 31, 2018

Information, Knowledge And Wisdom When It Comes To Financial Planning

November 26, 2018

Thinking About Incapacity And Financial Planning

October 23, 2018

Some Important Considerations For Retirement

September 17, 2018

What About History? It's Key When Considering Financial Planning

August 13, 2018

How Much Life Can You Buy With Your Money

July 9, 2018

 Investing When You Have A Large Pension

June 4, 2018

Musings About Stock Investments

May 1, 2018

How To Use Your 529 Plan

March 26, 2018

 Charitable Giving

January 16, 2018

Consider "SOAP" When Looking at Your Finances

December 12, 2017

Charitable Investing

November 7, 2017

Retirement Isn't Easy

October 6, 2017

A Taxing Retirement Story

July 3, 2017

Retirement Issues to Consider

June 6, 2017

Making Good Investment Decisions

May 9, 2017

Amortization and Balloon Mortgages

March 14, 2017

Active vs Passive

February 13, 2017

How Much House Can You Afford?

January 17, 2017

East to West - Wealth Moving to New Centers

December 20, 2016

Gender and Investing

November 22, 2016

Investing in Cash

October 23, 2016

Real Estate

September 28, 2016

Distribution Rates

August 29, 2016

Buying vs Renting

August 2, 2016

Income in Retirement 

July 5, 2016

Investing in Retirement

June 14, 2016

Exact Numbers

May 17, 2016

Investment Risk

April 19, 2016

Are Annuities a Good Buy?

February 23, 2016

Reading the News 

 January 26, 2016

Adding Risk

December 28, 2015

What does the Fed do?

 December 2015

How To Lose Money Investing

October 2015

Bear Markets

September 2015

Money and Children

August 2015

How Much Life Insurance Do You Need?

July 2015

Invest or Pay Off Debt?

June 2015

The 4% Rule

May 2015

Keep Plans Moving

April 2015

Deferred Annuities

March 2015

Contrary Investing

February 2015

When Can You Completely Avoid Taxes?

January 2015

Immediate Annuities

Monthly Investment & Financial Commentary

Ready to Start the Conversation?

Let's get started

Contact Us Today

With two locations in Brevard County, FL, and Austin, TX, to serve you better we work with people nationwide.

3115 S. Atlantic Ave 

Cocoa Beach, FL 32931

P: 321-543-1099

E: steven@wealthcarellc.com

Austin, TX 

P: 321-537-7502

E: lauren@wealthcarellc.com


E: rachel@wealthcarellc.com