Dental and Medical Planning
Dental & Medical Planning
Our dental and medical planning team is trained to handle the complicated financial issues practitioners face. We create customized financial plans personalized to your unique needs, goals and situation so you can focus on your career and patients. This includes planning for retirement, protecting your assets and incorporating tax strategies to avoid unnecessary liabilities, both now and in the future.
Whether you’re working for a team or thinking of starting your own practice, discover how we can support your needs.
Buying a practice is a large financial investment that can provide significant returns over the years. We help you prepare financially and clinically to optimize your purchase by helping you to read practice valuations and financial statements, ensuring you are ready to make the most of this step.
Student debt management
What is the right amount of cash flow to transfer from my practice to my personal life?
Retirement savings strategies
Optimizing a balance mix of account structures and contribution types with the goal of maximizing taxes and accelerating wealth creation.
Forecasting variable income
Planning for variables such as production and relative value units (RVU)-based compensation leads, forecasting and optimizing earnings potential and wealth creation with a changing income.
Entity type or W2
Understanding your tax options by breaking down IRS guidelines and how to structure your clinical opportunities to provide the income control you desire.
Risk Management: life and disability insurance needs
Evaluating your risk management as your personal life changes and your clinical career progresses, including understanding insurance products available through industry associations and how to leverage them.
Practice purchase readiness
We help you prepare financially and clinically to optimize your purchase by helping you to read practice valuations and financial statements, ensuring you are ready to make the most of this step.
Practice-Integrated Wealth Management
As a dentist or healthcare practitioner, the success of your practice is the cornerstone of your financial health. You need a customized, comprehensive plan that thoroughly and thoughtfully integrates your professional and personal goals. At Focus Partners, we have advisors who are well-versed in the specific financial needs – and opportunities – unique to you and your practice. And aligning your financial goals with your personal goals is what we pride ourselves on doing for every client.
Specialized Advisors
Meet some of our best minds in Practice-Integrated Wealth Management:
Related Articles
See our latest thoughts and insights on Practice-Integrated Wealth Management.
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January 13, 2025
Understanding and Optimizing Your W-2 Income: A Guide for Plastic Surgery Practice Owners
As a plastic surgery practice owner, the strategy of reducing your W-2 income to avoid paying Social Security and Medicare taxes comes with hidden risks.
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February 15, 2024
Starting a 401(k) Plan for Your Dental Practice: Is 2024 the Right Time?
With extensive legislative changes to retirement plan designs combined with an increasingly shrinking workforce, is it a financially-sound idea for dentists to offer an employee 401(k) plan? Practice Integration Advisor and Wealth Management Team Leader Thomas Bodin explores three key points to consider before you embark on this important financial decision.
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January 17, 2024
How Does a Bonus Plan Fit Into Your Practice?
A well-crafted bonus plan can be a powerful tool to enhance staff motivation, increase patient satisfaction and ultimately contribute to the success of your dental practice. However, it’s important to consider your bottom line and common pitfalls before you implement a performance reward.
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