Practice Owner Financial Planning
Coordination is Key
Being a practice owner and a dentist has a unique set of challenges that not every financial advisor is equipped to help with. When working with your team of professionals, it is important to have someone you can rely on to ask the right questions and give direction.
Making sure that your business's tax planning, key person benefits, sponsored retirement plan, and exit strategy are alligned with your personal retirement goals and estate planning helps create efficiencies that positvely affect your net worth.
Unlimited Access To Your Own CFP® Professional Advisor
No limit to the number of hours it takes for you to understand your financial plan
Semi-Annual Virtual Meetings
A lot of progress can be undone in between annual reviews. The 6 month reviews help keep people on track
Personal Financial Dashboard
Online access to your own personal financial dashboard to help organize your financial situation
Retirement Planning with Scenario Testing
Customize your own retirement plan based on your financial goals and stress test its assumptions to determine an overall likelihood of success
Financial Decision Modeling
Create financial models that help you understand how a financial decision can positively or negatively impact your net worth overtime
Executive Benefits Review
Review executive benefit options that you can give yourself to help fund your personal retirement plan
Employer Sponsored Retirement Plan Review
These qualified accounts can help you save for retirement and gives your employees an additional benefit that can help reduce turnover
Key Employee Planning
Utilize different financial instruments to retain key employees and prepare the practice against unexpected loss
Buy-Sell Arrangement Planning
Help ensure business continuity in the event of death or disability of an owner
Student Loans/ Debt Management
Figuring out which repayment plan or refinance plan can save you money or free up monthly cash flow
Cash Flow Budgeting
Know how much of your income should go towards taxes, student loans, other debts, savings, investment accounts, and personal spending
Kid's Education Planning
Understanding the different education savings accounts available to you and determine which is best for your family
Goal Progress Tracking
Seeing the progress of your financial goals helps keep people dedicated to achieving them
Wealth Allocation Review
Make sure that your enitre wealth is positioned appropriately for your short, medium, and long term financial goals
Net Worth Tracking
Progress reports that show how much your net worth has grown