If you’re dentist, you’re probably already aware that dentistry has become a lucrative business. In fact, it’s become so profitable that many of our clients who are physicians have told us that they actually regret going into medicine instead of dentistry.
Despite the gap between the two industries, dentists are nevertheless experiencing some of the same headaches that physicians had to deal with in the ‘80s and ‘90s. In those two decades, physicians with private practices were forced to join group practices because of problems in the HMO marketplace. Now dentists are undergoing a similar shift, transitioning from individual practices to dental groups.
Dentists who plan to sell a private clinic face two problems. First, there’s a shortage of new dentists entering the workforce, which means there are fewer potential buyers for private practices. And second, many young dentists can’t afford to buy a private practice outright.
Navigating through these difficulties isn’t easy, and that’s why you need WMGNA. With our All-Inclusive Wealth Management Service, you will receive a comprehensive review of your entire financial situation every year. We will sit down with you personally and analyze the myriad issues your practice is faced with— financing, disability, life, malpractice insurance, 401(k) & pension plans, buyouts, asset protection and more. You simply choose a monthly membership plan. We have several to choose from, and they start as low as $175.
Membership will give you a unique method of financial planning called Restylement™. Since starting our practice in 1995, we have learned that as our clients’ lives change, so must their financial strategies. That’s why we offer a 360° method of financial planning that evolves as your life transitions from one chapter to another.
In addition to our tried and tested method of financial stewardship, you also receive our complimentary WMGNA mobile app. You can keep track of your account documents and monitor your portfolio’s performance quickly and easily.
We believe money is a means to an end, but it’s not an end. Time is the great equalizer, and we all only have 24 hours in a day, 168 hours in a week, and everyone wants to have “enough” time to enjoy their money.
That is why we created our True Success™ formula:
True Success is Having a Great Lifestyle + Money × The Time to Enjoy It!