Dental and Medical Planning

We specialize in supporting the complexities, opportunities and intricacies of dental and medical practitioners.

Our dental and medical planning team is trained to handle the complicated financial issues practitioners face. We create customized financial plans personalized to your unique needs, goals and situation so you can focus on your career and patients. This includes planning for retirement, protecting your assets and incorporating tax strategies to avoid unnecessary liabilities, both now and in the future.

Whether you’re working for a team or thinking of starting your own practice, discover how we can support your:

  • Student debt management

    What is the right amount of cash flow to transfer from my practice to my personal life?

  • Retirement savings strategies

    Optimizing a balanced mix of account structures and contribution type to minimize taxes and accelerate wealth creation.

  • Forecasting variable income

    Planning for variables such as production and relative value units (RVU)-based compensation leads, forecasting and optimizing earnings potential and wealth creation with a changing income.

  • Entity type or W2

    Understanding your tax options by breaking down IRS guidelines and how to structure your clinical opportunities to provide the income control you desire.

  • Risk Management: life and disability insurance needs

    Evaluating your risk management as your personal life changes and your clinical career progresses, including understanding insurance products available through industry associations and how to leverage them.

  • Practice purchase readiness

    Buying a practice is a large financial investment that can provide significant returns over the years. We help you prepare financially and clinically to optimize your purchase by helping you to read practice valuations and financial statements, ensuring you are ready to make the most of this step. This also includes understanding how this acquisition fits into your personal financial plan to leverage for wealth. To learn more, see our Practice Integrated Wealth Management team can support you.

Our Approach

We’ve built a practice integration advisory team to work specifically with you. Gaining a deep understanding of your practice, your professional aspirations and your current financial situation, then designing an all-encompassing wealth management plan to reflect those. From implementing a tailored cash-flow strategy and strategically approaching equipment costs to developing a custom-designed retirement plan and business continuity plan for your practice, we take pride in offering an integrated service like no other. And we’ll partner with the other key professionals in your world (bankers, attorneys, insurance agents, among others), to provide a more holistic view and coordinated approach.

Specialized Advisors

Meet some of our best minds in Practice-Integrated Wealth Management:

Related Articles

See our latest thoughts and insights on Practice-Integrated Wealth Management.

  • February 15, 2024

    Starting a 401(k) Plan for Your Dental Practice: Is 2024 the Right Time?

    With extensive legislative changes to retirement plan designs combined with an increasingly shrinking workforce, is it a financially-sound idea for dentists to offer an employee 401(k) plan? Practice Integration Advisor and Wealth Management Team Leader Thomas Bodin explores three key points to consider before you embark on this important financial decision.

    Read the article
  • January 17, 2024

    How Does a Bonus Plan Fit Into Your Practice?

    A well-crafted bonus plan can be a powerful tool to enhance staff motivation, increase patient satisfaction and ultimately contribute to the success of your dental practice. However, it’s important to consider your bottom line and common pitfalls before you implement a performance reward.

    Read the article
  • December 05, 2023

    Striking a Balance: Navigating Salary Expectations When Hiring Staff

    From landing the right talent to ensuring the new hire is a good fit to offering a competitive compensation package, the staffing landscape can be difficult for practitioners to navigate. But what happens when you find the perfect candidate for your practice, but they are asking to be paid more than your current team?

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