As a physician or dentist with a practice, you have needs similar to business owners, such as long hours caring for your clients, so your personal financial affairs may not be getting the attention they need. However, your needs are a bit unique in that your profession deserves a particular emphasis on risk management. Also, you may have a small group of employees, so the retirement plan options for your business are more limited.
We understand all of the nuances that can affect your financial future, such as protecting assets from liability risk, tax planning, mitigating the effects of healthcare cutbacks, managing education debt, independent contractor issues and, finally, achieving financial independence.
By collaborating with your other qualified advisors, we can create family limited partnerships or asset-protection trusts, secure umbrella insurance coverage and help you find solutions for dealing with managed care reimbursement cutbacks and rising practice expenses.
Through comprehensive financial planning, and by getting to know your unique needs, we can help with:
- Managing tax, liability and risk exposure
- Asset management and protection
- Financial and estate planning
- Portfolio design and management
- Family wealth counseling
- Education planning
- Philanthropic planning
- Lending and cash management*
- Retirement and business succession planning
- Employee retention