FINANCIAL ADVISOR FOR DENTISTS

Comprehensive Financial Planning – Coordinating Personal & Practice Finances: Your career as a dentist blends two financial lives: your personal and your practice. As a specialized financial advisor for dentists, our team performs a deep dive into both, creating an integrated financial plan that covers investments, cash flow, tax strategies, insurance, estate planning, and retirement. We collaborate with your tax professional and office manager to evaluate your practice’s balance sheet, profit & loss statement, and tax return—ensuring business decisions are aligned with your long-term personal goals.

Cash flow planning: Whether you are a new associate or an experienced practice owner, our team will design a detailed cash flow plan to balance savings maximization with managing liabilities. We will identify the appropriate savings rate to support your future goals while helping you prioritize savings vs. debt paydowns.

Tax-efficient investment management: Dentists often face higher incomes, and as a result, higher taxes. This can also lead to more taxes in your investment portfolio. With a deep understanding and expertise in tax-efficient investing, we proactively manage your portfolio to maximize after-tax returns through strategies such as tax-loss harvesting, asset location, and custom Direct Indexing portfolios (“your own personalized index fund”). These strategies can help capture tax opportunities while keeping your portfolio aligned with your goals.

Strategic Tax planning for Dentists: Given your high taxable income as a dentist and  elevated tax burden, we will work with you to identify tax planning strategies that may help reduce your tax impact. Our advanced tax-planning software allows us to analyze your tax return and identify opportunities for potential savings. We also collaborate closely with your CPA to help minimize your tax burden and keep more of what you earn.

Estate Planning: Planning your estate takes time, coordination, and thoughtfulness. As a dentist, we understand how important it is for you to protect and preserve your assets for generations. Our team works with you to understand your legacy goals so that your estate wishes are properly integrated into your overall financial plan. From reviewing beneficiaries and titling to implementing gifting and charitable strategies, we partner with you and your estate planning attorney to ensure your wishes are preserved and well-documented.

Asset Protection & Risk Management: As a dentist, protecting your assets from professional and personal risks is critical. We review your existing life, disability, and long-term care insurance policies, ensuring you’re neither underinsured nor overpaying. Through our partnerships with independent insurance groups, we can provide access to coverage options designed to provide the safety and protection you need.

Dental Practice Succession & Transition Planning: As a dental practice owner, you work incredibly hard to build your practice, and at some point, you may be thinking about what’s next.  Selling or transitioning your practice is one of the biggest financial decisions you’ll ever make. Our experienced team of financial advisors for dentists will partner with you, your tax professional, broker, and attorney to evaluate your personal and professional goals, your practice valuation, and planning implications related to tax, retirement, and estate. We will help craft a plan designed to meet your needs and ensure that your decisions and strategy are fully aligned with your wishes and goals.

Retirement Plan Advisory for Dental Practices: Choosing the right retirement plan for your practice benefits both you and your employees. Our team will work closely with you to identify and manage retirement plans, such as 401(k), 403(b), SIMPLE IRA, SEP IRA, as well as more advanced options like Cash Balance Pension Plans—a uniquely powerful tax-saving and wealth-building strategy for dentists. Our fiduciary investment guidance and oversight can help ensure cost efficiency, compliance, proactive employee education, and plan health so you can focus on running your practice.

Personal Retirement Planning: The ultimate goal of retirement will likely become top of mind for you at some stage of your career. We will work with you to understand your specific retirement needs and goals, and then design a customized, tax-efficient plan for your situation. This includes identifying methods to enhance retirement savings in your highest earning years as you near retirement, discussing healthcare options, reviewing Social Security options, and devising a comprehensive retirement income and withdrawal strategy to meet your lifestyle goals.

Charitable Giving Strategies: If giving back is important to you, we’ll help create a charitable giving plan that aligns with your philanthropic wishes and supports the non-profit organizations you care about the most.  This may include direct giving to charities as well as gifting through unique strategies and vehicles, such as Qualified Charitable Distributions (QCDs) from IRAs, Donor Advised Funds (DAFs), or Private Foundations.