Wealth Management for dentists

Securing your financial future and maximizing your practice’s potential.

Wealth Management services for dentists

Our specialized Wealth Management for dentists and their families means you can focus on what’s most important. BPM’s personalized strategies for investing, retirement and tax planning, estate planning, and insurance coverage are designed to build your wealth, preserve your assets and minimize taxes. We work with you to help you achieve your financial goals and build a more comfortable future.

Investment Management – Higher tax brackets, time constraints and the complexities of balancing practice growth with personal financial goals call for a sophisticated approach to strategic, tax-efficient investing. With a deep understanding of your needs and life goals, we’ll develop an investment strategy tailored to your unique financial situation.

Retirement Planning – Retirement planning for dental professionals can be complicated by a relatively late career start and substantial student loan debt. We work with our clients to develop a retirement plan that can support their desired standard of living in the future while enabling them to enjoy the present.

Insurance – High income replacement needs mean that the right insurance plan may be vital. We provide dentists with a full-service insurance offering, including reviews of existing life insurance policies and life settlements, disability and long-term care insurance, annuities, and related planning.

Qualified Retirement Planning – For dentists who own practices, we can assist them in establishing or amending executive benefit plans, advise on implementing retirement plans that can attract and retain employees, and help them develop comprehensive succession plans.

Why BPM for wealth management

BPM’s Wealth Management specialists partner with dental professionals like you to achieve financial independence. Our financial advisors work closely with you to understand your personal and professional financial goals, and our suite of services allows us to coordinate all aspects of your finances in support of your goals. Together, we create a customized wealth plan that addresses your specific needs.

The dentists we serve

Our clients are distinguished by their deep commitment to their professions. Many have dedicated their careers to building thriving practices. Now, they look forward to the day they can work when and if they want to.

They seek advice about how much equity they should have in their practice, how to balance risk and growth, and how to benchmark their practice against their peers. Having spent years building their net worth, the dentists we serve want to protect their assets and families. And they may dream of creating a lasting impact by funding philanthropic endeavors, establishing educational trusts or ensuring generational wealth transfer.

Our Wealth Management services for dentists support your goals in achieving a better financial future for yourself, your family and your community.

Why wealth management is important for dentists

Dentists face distinct challenges, such as managing accumulated wealth, planning for a secure retirement, and dealing with the complexities of estate and tax planning at higher wealth brackets. Given their substantial assets, the stakes are higher and the financial landscape more complex, which may call for specialized wealth management.

For dentists engaged in partnerships or ownership of their practices, wealth management extends beyond personal finance to include the financial health of their business. This involves navigating complex tax landscapes to maximize after-tax income, optimizing investment portfolios in line with personal risk tolerances, and ensuring efficient practice valuation and succession planning.

Sound wealth management for dentists works to safeguard your financial legacy but also may provide you the freedom to step back from active practice when you wish — without compromising your lifestyle or financial security.

High tax liability

Because dentists typically fall into higher tax brackets, they face challenges that can significantly impact their financial health. Effective wealth management strategies can be essential for maximizing earnings while minimizing tax liabilities. These can include leveraging tax-advantaged savings options, such as retirement accounts and tax-efficient investment opportunities.

You may not fully capitalize on your earning potential without appropriate wealth management tailored to your individual goals.

Asset protection

Given the high liability associated with the dental profession, providers may be at risk for legal challenges that threaten their financial stability. Effective wealth management for dentists includes implementing strategies to safeguard your assets from potential lawsuits or claims. This involves structuring your investments and property ownership in ways that may offer legal protection while maintaining adequate malpractice and liability insurance.

We believe by focusing on asset protection within your wealth management plan, you can ensure your hard-earned assets are secure, allowing you to practice with greater peace of mind.

Retirement planning

With a delayed start to their careers, dental professionals often have a shorter time frame to accumulate retirement savings. Additionally, their high-income levels may require a larger retirement fund to maintain their lifestyle post-retirement.

Effective wealth management can help dentists take advantage of tax-deferred and tax-efficient investment opportunities. By maximizing your contributions, you may be able to ensure that your investments are aligned with your retirement goals, risk tolerance and time horizon.

Investment advice

Dentists are busy individuals. Not all of them want to spend precious free time studying finance and researching investment options, especially given the complexities of managing a practice, mitigating high taxes and ensuring a comfortable retirement.

Professional investment advice can provide you with tailored financial solutions, helping ensure that your wealth is managed efficiently and grows steadily, while allowing you to focus on your work and family.

Any tax or legal related information discussed is provided as general education and should not be considered a recommendation. We cannot provide tax or legal advice. Further, you should seek specific tax or legal advice from your legal or tax professional before pursuing any idea contemplated herein.

Client Relationship Summary

Securities through Valmark Securities, Inc., member FINRA, SIPC. Investment Advisory services are offered through BPM Wealth Advisors, LLC and/or Valmark Advisers, Inc. a SEC Registered Investment Advisor, with address of 130 Springside Drive, Suite 300 Akron, Ohio 44333-2431, and telephone number +1 (800) 765-5201. BPM LLP and BPM Wealth Advisors, LLC are entities separate from Valmark Securities, Inc. and Valmark Advisers, Inc.


broker check by finra