You’ve invested a significant amount of time, energy and money in your education and your practice. It’s wise to protect those investments with physician-tailored wealth management advice. Keeping your personal finances in good order is also an important way to minimize stress and contribute to your health and wellness.
Get physician-focused financial advice
A financial advisor with experience in physician finances can help you with general financial management and planning and tax-specific planning.
Financial management includes establishing personal financial goals and mapping out a plan to get you there through debt management, disciplined spending and a tax-efficient investing structure.
It also involves planning intelligently for expected and unexpected events with retirement planning, estate and trust planning and solutions, and risk-management solutions like permanent life insurance.
Sound tax planning can help you maximize your cash flow while minimizing the amount of tax you have to pay.
Resources for physician financial management
- Joule Practice Management Curriculum
- Joule Finishing Residency Guide
- CMA financial guidance for COVID-19, offering a regularly updated overview of federal assistance programs
- MD Financial Management, the only national financial services firm exclusively dedicated to the financial health of Canada’s physicians and their families
MD Financial Management provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies. For a detailed list of these companies, visit www.md.ca.
Estate and trust services are offered through MD Private Trust Company.
Insurance products are distributed by MD Insurance Agency Limited. All MD employees dealing with clients regarding insurance products hold life licences.
Are you in distress? Get help now.