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Health Care Professionals

Common Financial Mistakes Dentists Make

Dentistry can be a rewarding career, yet dentists often face tough challenges when it comes to their financial planning. Because so many dentists are also business owners, their situation is often complicated. Not only do they have to provide for their family, but they must also look after the livelihood of their staff and the financial success of their practice at the same time. An experienced financial advisor who takes a holistic approach is essential

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Owner’s Corner – Business Growth in Complex Times with Al Grossnickle (podcast)

Dr. Al Grossnickle is the owner of Strategic Venture Partners LLC, a consulting company that helps entrepreneurs grow their businesses. For over a decade, Al worked as an Associate Professor of Business at Grace College, where he was also the Director of the William P. Gordon Institute. At the University of Saint Francis, Al served as the Assistant Professor of Entrepreneurship and Director of the Entrepreneurial Leadership Program. He had also served as the President,

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Owner’s Corner – Wisdom from the Downtown Dentist with Dr. Matt Eckert (podcast)

Dr. Matt Eckert has been practicing dentistry for the past 28 years. Together with his business partner Ryan Hart, Matt operates Downtown Dental, a practice honored by his long-term patients. Matt completed his undergraduate degree from Ball State University and completed his Doctorate of Dental Surgery degree at the Indiana University School of Dentistry. He is a member of several professional organizations, including the American Dental Association, the Isaac Knapp District Dental Society, and Andrews

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Planning for Your Earning Cycle: Medical Professionals

Wealth management for medical professionals requires a different planning approach. Medical professionals typically earn less income in early earning cycles compared to the traditional American worker. When their earnings balloon, they often do so quickly and then stabilize at a high base. Fortunately, you can compensate for the dramatic drop in a healthcare professional’s salary. All it takes is wise planning during the earning years. A Smart Approach to Wealth Management for Medical Professionals We

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Choosing an Advisory Firm – Wealth Management for Medical Professionals

The financial planning requirements of healthcare professionals are in some ways similar to and in others, vastly different from the planning needs of professionals working in a corporate environment. “How can I avoid making investment mistakes that cost money or trigger tax penalties? At what point should I pay off my remaining education loans? How do I maximize my pre-tax savings?  Should I buy in to a practice, and if so, when?” Here are six

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A Good Financial Advisor Extends Well Beyond the Portfolio

Particularly during challenging times in the market, it can be easy to forget that the end goal of comprehensive planning goes well beyond choosing investments. Investors who keep a critical eye to their portfolio may sometimes overlook other, more subtle indicators along the path to long-term financial success. These contributions are less quantifiable on a quarterly performance statement, but valuable nonetheless. Cost-effective investment implementation: When measured against overall wealth, the costs associated with investments may

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