A demanding healthcare career can leave little time to manage investments, tax, insurance, retirement and estate planning. Yet the decisions made in each area can significantly affect the others.
We bring those decisions together in one clear financial plan built around your career, family and future.
Experience that understands healthcare
Brad McLellan’s career has included a strong focus on working with doctors and other healthcare professionals. That experience has given him a practical understanding of the decisions that often come with a healthcare career, from incorporation and insurance to retirement and estate planning.
Today, our team provides personalized financial planning for physicians, nurses, dentists, incorporated practitioners and healthcare business owners. We understand how your needs can change as your career grows, your responsibilities increase and your attention turns toward retirement and the future of your family.
Coordinating personal and corporate wealth
Physician incorporation can create valuable planning opportunities, but it also adds another layer to your financial life. Corporate and personal decisions should be considered together.
A financial plan for physicians may address:
- Corporate and personal investments
- Salary and dividend considerations
- Tax-efficient wealth accumulation
- Insurance held personally or corporately
- Retirement income
- Estate and wealth transfer priorities
Our team helps you see how these pieces connect.
Planning that goes beyond investments
Portfolio management is important, but it's only part of the picture. Financial planning for dentists and other healthcare professionals may also involve:
- Tax planning
- Insurance and income protection
- Cash flow and contribution planning
- Retirement planning
- Estate planning
- Wealth transfer
- Major personal and business decisions
This coordinated approach helps prevent important areas from being handled in isolation.
Protecting your income and family
Your ability to earn an income may be one of your most valuable assets. Insurance planning can help protect your family, practice and long-term goals if illness, disability or another unexpected event occurs.
A financial advisor for doctors or a financial advisor for dentists can review protection needs within the context of your complete plan, rather than treating insurance as a separate decision.
Preparing for life after practice
Retirement can involve more than choosing a date. Incorporated professionals may need to decide how and when to draw corporate assets, manage tax and create dependable personal income.
We help you understand what you can spend, how your income may be structured and how your estate can be protected.
Advice that keeps pace with you
Healthcare careers and financial priorities evolve. We provide ongoing reviews, regular meetings, educational updates and responsive support as circumstances change.
Based in Newmarket, we provide financial advice for dentists, physicians and healthcare professionals throughout Barrie, King City, Muskoka, Keswick and North Central Ontario.