Litovsky Asset Management

Specialties

Litovsky Asset Management is a wealth management firm that offers comprehensive financial planning and retirement plan consulting services to medical professionals. We specialize in setting up and managing retirement plans for small and medium-​size practices, including 401k and Defined Benefit/​Cash Balance. We utilize conservative investment strategies using low cost index funds, ETFs and individual municipal bonds. Our compensation is flat/​fixed fees and we do not charge any asset-​based fees or have portfolio minimums. We do not receive compensation from other sources, and we always act as a fiduciary in the best interest of our clients. We are committed to providing value that exceeds our fee.

Services offered by Litovsky Asset Management include:

Investment management

Retirement planning

Insurance planning

Tax planning

Estate planning

Higher education planning

Small business retirement plans (SEP, SIMPLE, 401k, Defined Benefit)

Retirement plan fiduciary services

History

Established in 2007.

Litovsky Asset Management works with busy medical professionals to help address all of their financial needs. The main difference between us and the rest of the advisory industry is that we are compensated exclusively with flat fees and we view asset-​based fees as being inherently unfair, penalizing those with sizeable assets without providing any extra value.

Medical professionals have unique financial needs because they tend to have a high debt load and also a high earning potential, so they can benefit from comprehensive advice ranging from loan refinancing and repayment to setting up and managing retirement plans for their practice. We do not sell products and as fiduciaries we always try to find the best products and solutions for our clients.

Meet the Business Owner

Konstantin L.

Business Owner

Konstantin is the founder of Litovsky Asset Management and he is an engineer by training. He applies his extensive analytical and modeling skills to help his clients develop strategies to repay debt, plan and minimize tax liabilities using retirement plans, implement conservative investment strategies using individual bonds, and manage investment risk by limiting exposure to risky assets. Konstantin provides the best value to his clients by considering their financial situation as a system with many moving parts, all of which have to work together, so his advice is always comprehensive and covers all aspects of his clients’ finances.