Your financial health matters

Wealth Management

At BMO Private Wealth, we’re committed to helping physicians manage their financial health. We’re a team of Wealth Management professionals that truly understand the unique needs of physicians, and can provide complete advice and solutions that consider both your professional and personal goals. As your financial “physician,” we’ll listen to you, and then prescribe customized advice – backed by our wealth management expertise – that can help you manage, and stay on track to reaching your goals.

Benefit from our comprehensive wealth management services, at every stage of your personal and professional life.

 

 

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Tax Planning

Many physicians incorporate their practices to enjoy the same benefits as other self-employed incorporated professionals. However, recent tax proposals affecting Canadian private corporations can have significant implications to physicians with a professional corporation or those physicians considering incorporation.

 

By incorporating your practice, you can take advantage of certain financial benefits and opportunities such as:

 

  • Defer personal tax

  • Income-splitting

  • Capital gains exemption

  • Asset protection

  • Remuneration flexibility

  • Pay non-deductible business expenses from the corporation

  • Tax effective borrowing

  • And more


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Contact me now to learn more about the options available to you.