Specialized family office wealth services for physicians
At all stages of your practice, I can help you manage your assets, plan for retirement and enjoy the lifestyle you’ve earned.
I advise physicians at every stage of their medical careers. With long hours, busy schedules and the profession’s other extreme demands, you need a dedicated team to manage your complex financial affairs and keep them streamlined and simplified.
I have expertise in diverse strategies, from helping you reduce debt by consolidating all your loans under one roof rather than amongst various institutions, boost cash flow, plan for a fabulous retirement, and more.
My family-office style platform for physicians includes BMO Private Banking services to help you manage your personal, medical corporation and practice financial needs. In addition, I will coordinate seamlessly with your accountant and lawyer to simplify money matters and have partnerships with accountants who specialize in physician management.
Structured processes ensure efficiency. For example:
Your Private Banker will provide nuanced and attentive service. He or she will:
Practice succession advice:
Incorporation for tax efficiency
I will help you incorporate in context of your overall Wealth Plan and manage the tax and estate implications.
Individual Pension Plans (IPPs)
If you are a professional who owns and operates your own practice, an IPP is a beneficial strategy to provide financial security in retirement.
An IPP allows you to: