Healthcare professionals often end up juggling a number of complex wealth planning priorities as they establish their careers. These may include funding your education, establishing yourself as a full-time practitioner, repaying student or business debt, buying a business, deciding how best to structure your practice, creditor and liability protection, purchasing a primary or secondary residence, saving for your children’s education and your own retirement, and much more. Addressing each of these items as part of a holistic wealth management plan is a crucial step to ensuring your family’s long-term financial wellbeing.
The Waterfront Group’s extensive experience in working with healthcare professionals and their families will help you establish a comprehensive plan so that you can enjoy all of life’s possibilities. We look at your complete financial picture, providing the support you need for your individual situation. Here are a few areas where we can help:
Like many successful professionals, doctors, dentists, pharmacists and other healthcare providers often share a desire to pay less tax. A tax-efficient investment strategy can help to optimize your overall wealth picture, allowing you to invest in your career and practice today while planning for the future.
Working closely with your other trusted advisors, including tax advisors and lawyers, we assist each client with personally tailored solutions, recommending appropriate investment strategies to help minimize their overall tax bill.
It’s not how much you make…it’s how much you keep! Establishing a corporation can help you to achieve this outcome. We select tax-efficient investments that are designed to minimize taxes while producing returns that are aligned with your investment goals.
While accumulating wealth inside your corporation may defer tax in the near term, our investment strategies can help you to achieve financial independence over the long run. The importance of compounding investment returns while seeking to defer tax is an opportunity that should not be overlooked.
Leveraging our wealth management expertise can help you to achieve your life goals. Our thorough discovery process focuses first on understanding what is uniquely important to you, then on understanding your retirement goals.
Planning for retirement can certainly be a financial endeavour unto itself. However, there’s also an important psychological component to this transition. Whether you are pre-planning for the big day or planning for new adventures in retirement, we’ll make sure our process incorporates your personal vision of the future, and that all options and recommendations are clearly presented to you every step of the way.
Everything is fine until it’s not. While it may seem obvious, many people fail to proactively plan for unexpected events. Rather, they react to negative situations, an approach that can produce suboptimal results. A comprehensive insurance strategy will provide both you and your family with welcome peace-of-mind.
We ensure that your life insurance coverage is both adequate and efficient within the context of your overall financial strategy. In the event of your untimely death, for example, a properly structured life insurance strategy will replace your family’s income, protect their assets, and cover any tax liabilities and debt obligations. Even if you already have group coverage through your professional association, you could save money on life and disability insurance by holding these policies inside your corporation.
You’ve worked hard, you’ve enjoyed a fulfilling professional practice, and you have followed our plan to help you achieve success and independence. Now it’s time to enjoy the next chapter of your life…retirement! You deserve the lifestyle that you’ve envisioned – whether that includes traveling the world, owning a vacation property, gifting wealth to your loved ones, or simply making a few major purchases.
Whether retirement is around the corner or still several years away, we’ll be here to make sure that you enjoy the benefits of your life’s work and to ensure that your customized wealth plan allows you to enjoy all of the things that you want to do.
Families with $1 million or more in assets under management receive:
Families with $10 million or more in assets under management additionally receive:
Contact us today to arrange a confidential, no obligation review of your investment portfolio and financial plan.
Here’s what you’ll get:
© 2021 Wellington-Altus Private Wealth Inc., All rights reserved.
Terms of Use | Privacy Policy | Legal
The information contained herein has been provided for information purposes only. The information has been drawn from sources believed to be reliable. Graphs, charts, and other numbers are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax, or investment advice for which it can be sought independently aside from herein. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. This does not constitute a recommendation or solicitation to buy or sell securities of any kind. Market conditions may change, which may impact the information contained in this document. Wellington-Altus Private Wealth Inc. (WAPW) does not guarantee the accuracy or completeness of the information contained herein, nor does WAPW assume any liability for any loss that may result from the reliance by any person upon any such information or opinions. Before acting on any of the above, please contact me for individual financial advice based on your personal circumstances. All insurance products and services are offered by life insurance licensed advisors of Wellington-Altus Insurance Inc. or other insurance companies separate from WAPW. WAPW is a member of the Canadian Investor Protection Fund (CIPF) and the Investment Industry Regulatory Organization of Canada (IIROC). Wellington-Altus Insurance (WAII) is not a member of CIPF or IIROC however is an insurance company licensed under applicable provincial insurance legislation. WAPW is not licensed to provide any insurance services or advice, does not provide any such services or advice, and has no beneficial interest in WAII or its insurance business. Both WAII and WAPW operate as two separate entities. While you are not under any obligation to purchase insurance products, if you choose to do so, then these are provided by WAII and not WAPW, which would include all related full disclosures including and/or any conflicts of interest. WAPW is not licensed to provide tax services or advice, does not provide any such services or advice, and has no beneficial interest in the tax services business.
2021, Wellington-Altus Private Wealth Inc.
© 2021, Wellington-Altus Private Wealth Inc. ALL RIGHTS RESERVED. NO USE OR REPRODUCTION WITHOUT PERMISSION.
If you no longer wish to receive commercial electronic messages from Wellington-Altus Private Wealth Inc., please send an email to [email protected]