THANKS FOR EXPLORING DENTISTRY WEALTH FURTHER! HERE’S A LITTLE OF WHAT WE ARE ALL ABOUT:
Dentistry Wealth combines best practices in the fields of law, accounting and financial planning, providing un-biased and independent advice that is in the absolute best interests of our Dentists. Through constant planning, coaching and communication we are able to deliver uncompromised value to our Dentists in the form of tax savings, improved protection, lower cost insurance strategies and improved investment returns.
Dentistry Wealth works with over 500 dentists nationwide to help them achieve a greater level of success in their practice.
All of our dentists go through a comprehensive planning program where every aspect of their financial life is engineered by our team of CPA’s, attorneys and planners. This seamless approach ensures that you receive consistent advice that is unbaised, independent and best suited for you. As a fee based organization, we eliminate the salesmanship in the financial planning profession. Whether its protecting your assets, lowering your borrowing costs or reducing your income taxes – we work for you – searching for money amongst the thousands of dollars you earn every year but pay out unnecessarily. Best of all, your Optimal Plan is fully integrated and coordinated all under one roof. No more endless calls to an array of different CPA’s, financial planners, practice consultants, attorney’s and stockbrokers. Nor more hourly charges for potentially conflicting advice. No more worrying about whether you are getting the best advice that ensures your long-term success.
The planning starts with Risk Management. Insurance is an integral part of everyone’s life and more financial catastrophes are prevented
when clients have comprehensive coverage that prevents risk of loss from property and casualty, auto, occupational, life and disability issues. One missing piece in this area of your plan, such as umbrella coverage, can spell disaster. As part of our planning process, we audit your polices and obtain in-force illustrations for your permanent contracts. We compare these illustrations with the projections that you were provided when the policies were sold. We ensure that your carriers are financially stable and have a consistent track record of paying their claims in full and on time. And, since we do not derive any income from insurance, our recommendations on the types and levels of coverage you need are unbiased, independent and optimally suited for you.
Although having the appropriate types and levels of insurance coverage is the first step in a sound asset protection plan, not all liability issues you encounter are covered by an insurance policy. Our goal is to eliminate any liability that you have as either a dentist and/or investor and to implement strategies that provide fail safe protection for the underlying equity in your financial life.
Every entity structuring decision involves both tax and legal considerations. Our goal is to design an entity structuring plan that provides you with both the highest level of legal protection coupled with the most favorable tax environment. Each entity type has unique tax attributes and we fit these attributes to your financial life which ensures you are taxed at the lowest possible level on the income you earn. We also ensure that your overall entity structuring plan is well integrated so that all entities work together from both a legal and tax perspective.
Charlie Dombek is a nationally-recognized CPA and is one of the foremost authorities on tax planning and mitigation. His clients include professional athletes, entertainers, healthcare professionals, internet marketers and other successful closely-held business owners. Unlike most CPAs who focus on compliance issues and have a historical emphasis, Charlie is best known for the tax savings he is able to achieve for his clients through constant planning, coaching and ongoing guidance. Charlie began his career in the late 80’s at Big Four national accounting firm Ernst and Young. He holds an MBA from the College of William and Mary, along with a Bachelor of Science in Accounting from Virginia Tech. He is a highly recognized author and a regular speaker at financial and investment workshops throughout the country.