Financial Needs of Physicians

Scot McLeod - Oct 11, 2018


It is important that physicians consider the opportunities and potential challenges unique to their profession when it comes to wealth, estate and tax planning.

This series of articles looks at the nuances of the medical profession and provides relevant finanical strategies. 

Because Your Financial Health Matters outlines the extensive resources available to physicians through BMO Wealth Management to assist them at every stage of their personal and professional life.

Estate Planning for Physicians discusses key estate planning considerations from a physician’s perspective.
Tax Planning for Physicians - Professional Corporations provides a brief overview of the benefits of operating a medical practice through a professional corporation, and the possible implications of the recent tax changes regarding incorporation.

Fixed Income Investing – Canadian Bank Bonds is the eighth in a series by the BMO Nesbitt Burns Portfolio Advisory Team. This article explains bank bonds, and given new regulatory requirements, what investors should be aware of with respect to debt subordination.

And finally, Summarizing the Tax-Loss Selling Rules and Opportunities in Equities, Preferred Shares and ETFs provides an overview of tax-loss selling, as well as outlining specific opportunities for generating a capital loss in 2018.

Scot McLeod manages personal wealth for individuals and families throughout Canada. He is a Senior Vice President and Managing Director of BMO Nesbitt Burns. 

For more information, please contact Scot directly:
780 945-5230