Wealth Management for Dentists

How Dentists May Benefit From Wealth Management

You have a vision for what would make for a full life. Maybe it’s having a flourishing practice, early retirement, sending your kids to great schools, having little to no student debt, or protecting your family against uncertainty. 

Whatever your vision may be, you’ll need the finances to back it up. Your financial concerns and status will transition as you advance in your career and reach life milestones. That’s why wealth management is a life-long process that must be tailored to your individual needs.

Having a dedicated team to assist you with every aspect of your financial profile will help you to:

  • Synchronize your finances.
  • Work toward achieving financial goals.
  • Strategically grow your wealth.
  • Prepare for the future. 

Our team of dental wealth advisors can allow you to enjoy your successes and focus on your career and family. 

 

How Treloar & Heisel Handles Your Wealth Management Plan

Our approach to wealth management strategies examines all aspects of “you.” Through The Full Life Process™, we sync your financial goals to wealth management services, to provide a coordinated roadmap to help you reach your life objectives as they continue to evolve. 

Since every dental professional is different, our services are personalized to address your priorities. This may include debt management, a financial investment plan, and more.

 

Our Comprehensive Wealth Management Services for Dentists 

As a member firm of The Wealth Consulting Group, we strive to provide straightforward services to help you grow and protect your wealth.

 

Debt Management

If you have dental school debt or other forms of debt, it can feel like you’re being weighed down. Strategies such as debt consolidation as a part of your overall wealth management plan can help you align your goals with the reality of your finances. Together, we’ll look at your current financial situation so you can take a holistic approach to debt repayment. Learn about debt management.

 

Investment Strategy Implementation

Investments can help you grow your wealth — if you have the right approach. Investments such as bonds, stocks, ETFs, and other investment accounts can give you the foundation for reaching your financial goals and are an important part of wealth management. However, different strategies may work better for you depending on your current standing. Learn more about implementing your investment strategy.

 

Retirement Plan Management

It’s never too early to start planning for retirement. That’s true for everyone, including your employees. In this difficult era of retaining staff, it can be an attractive employee benefit.  

Treloar & Heisel Wealth Management offers a cost-effective retirement plan evaluation, installation, and management process that utilizes best-of-class services typically available to only the largest firms.

The Treloar & Heisel wealth retirement plan process includes:

  • Evaluation of your existing plan or start-up opportunity.
  • Annual benchmarking for cost for service providers.
  • Investment Policy Statement and 3(21) fiduciary selection and monitoring of fund menu.
  • Assistance with selection and monitoring of third-party administration. 
  • Annual fiduciary review.
  • Enrollment and Employee education assistance.
  • Evaluation of cash balance plan opportunities.
  • SoloK plans.

You’ll have a team assigned to your plan that may help coordinate all parties involved including TPA and record-keeping firms.  We design a strategic low-cost portfolio that may help you pursue your long-term goals, and we also dedicate a portion of that portfolio to leveraging the short-term movements of the market, which is a tactic that may enhance your overall performance. Learn more about retirement planning.

 

Alternative Savings and Accumulation Needs

We know that your wealth goals and life goals are constantly in flux and will change as you progress throughout your career. The support and strategies you need now aren’t necessarily what you’ll need later down the road. 

Our wealth management approach helps get you to where you want to go and creates cohesive strategies with the avenues above to allow you to save and accumulate for what you value most. This could be anything from practice ownership, home ownership, real-estate opportunities, collectibles, charities, or donations.

 

Benefits of Wealth Management With Treloar & Heisel

Benefits of working with us for your wealth management needs include:

 

Affiliation With WCG

You can learn more about WCG and investment advisory services in its Form ADV Part 2A and Form CRS. THWM provides financial planning and asset management services tailored to the specific needs of dental and medical professionals. THWM and other WCG investment advisors manage nearly $2 billion in assets.

 

Investment Strategy Committee

Our experienced investment strategy committee will make recommendations, do the necessary research, and monitor your portfolio to ensure alignment with your goals.

You’ll have the ability to speak with high-level executives with copious experience and high vetting standards.

 

Experienced Guidance

Helping dental professionals is what we do.  We have a unique understanding of the larger picture of your financial profile. We’ll work with you to create a plan that looks at your entire financial scope to make recommendations based on your needs. Our approach addresses challenges specific to your profession and industry.

 

Holistic Management

We can help you manage any debt repayment plans, like dental school debt, and discuss whether refinancing is your best option. We’ll also help structure your financials to account for your larger life goals, like opening your own dental practice or buying a new house.

 

Fiduciary Duty & More

As a fiduciary, decisions are made with your best interests in mind. We won’t push something on you for our benefit. This means our wealth management services have the following aspects:

  • Fee-based offering
  • Fiduciary duty
  • No conflicts of interest
  • Competitive costs
  • Comprehensive nationwide coverage

 

Wealth Management and  The Full Life Process™

Dental wealth management is one aspect of your individual profile. The Full Life Process takes the fragmented pieces of your financial landscape and pieces it together by reviewing and planning your wealth management strategies with other areas of your life in a holistic manner.  We organize, protect, optimize, accumulate, align, and evolve your entire profile, not just your wealth. This gives you an organized approach to reaching your goals and staying on track to living your best life.

Wherry_Jeff (6)

Jeffrey E. Wherry

CFP®, CLU®, ChFC®

Director of Research and Planning, THWM

tim

Tim O'Shei

CFP®, MBA

Wealth Advisor, THWM

Pruitt_Matthew

Matthew Pruitt

CFP®

Senior Wealth Advisor, THWM

Tancabel_Nick (2)

Nicholas Tancabel

CFP®, ChFC®

Wealth Advisor, THWM

Joseph

Joseph Neff

CFP®

Wealth Advisor, THWM

 

Contact an Advisor

By submitting your information, you consent to our Privacy Policy and Communication Policy.

1 The Wealth Consulting Group, Personal CFO Services, https://www.wealthcg.com/private-client-group

Treloar & Heisel, Treloar & Heisel Wealth Management, and Treloar & Heisel Property and Casualty are all divisions of Treloar & Heisel, LLC. Investment Advice offered through WCG Wealth Advisors, LLC, a Registered Investment Advisor doing business as Treloar & Heisel Wealth Management. 

Treloar & Heisel Wealth Management is a separate entity from The Wealth Consulting Group and WCG Wealth Advisors, LLC. Insurance products offered separately through Treloar & Heisel and Treloar & Heisel Property and Casualty. Treloar & Heisel, LLC., Treloar & Heisel Wealth Management, and WCG Wealth Advisors, LLC. do not offer tax or legal advice.

Past performance is no guarantee of future results. Investing involves risk including loss of principal. No strategy assures success or protects against loss. Investing in mutual funds involves risks, including possible loss of principal.

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