As a physician or dentist, you have challenges that are unique to your profession, which are compounded by
dramatic legislative changes and an uncertain economy. Dominion Wealth Management has the experience to
help physicians and dentists navigate these changes safely while allowing you to focus your efforts on
caring for your patients.
Here are some of the areas where Dominion Wealth Management helps our physician and dentist clients:
Tax planning – We provide "bright line" tax reduction strategies (no gray areas) that allow you to
stay current with all IRS regulations while retaining the maximum possible income. This allows you
to give more to your children, donate to the charities of your choice, save more for retirement,
or invest in improving your lifestyle. You can focus on what you do best, and pass along the
rewards of your hard work to the people who matter most.
Debt management – Early management of student loans delivers significant long-term benefits,
and maximizes lifetime earnings.
Asset protection – Keep your family's assets safe from frivolous lawsuits and malpractice claims.
Insurance – Life insurance, disability, malpractice, long-term care, business, home and auto
insurance all allow you to reduce risk. But the options can be complex and it's critical to understand the subtle
differences between the various options.
College savings – The high cost of education makes it increasingly important to start planning
for your children's education early, and to determine the best vehicles for your investment.
Practice planning – Whether you are purchasing a practice, starting a new practice, selling
a practice or dealing with any of the myriad of financial and business management issues
involved in running a practice, having solid financial advice is critical.
Business investments – Should you decide to invest in a business related to your area of
specialty, such as a franchise, clinic or spa, you will have many sophisticated financial
decisions to make. We can give you insight into the issues you need to consider and the
implications of your choices.
Estate planning – You want to make sure that you secure your family's financial future,
and that your money goes into the right hands while minimizing the tax burden.
Practice succession – Plan a smooth transition when you get ready to retire, giving
the future owners confidence that the patients and employees will handle the succession
For a confidential conversation where we can determine if there's a fit between what
you need and how we can help, click here to make an appointment.