Comprehensive Wealth Management for
Health Professionals

The St-Georges Group offers wealth management for health professionals such as physicians, surgeons, and many more. Whether you are a newly graduated health professional, established in a thriving medical practice, or planning to retire in comfort, our team of wealth and financial advisors will find the right integrated wealth management solution for you and your loved ones. With over 20 years of helping health professionals grow and protect their practices, we are experts in securing your financial health now and in the future.

In the Early Stages of
Your Career

Are you a new young physician thinking about paying off debt, getting married, purchasing a home, growing your family, and saving money for the future? You’re probably also wondering when is the best time to incorporate your practice. The St-Georges Group is here to help!

As professional financial advisors for new physicians, we can evaluate your current financial situation, discuss your goals, and develop a plan that suits your needs. We’ll work with you to adapt your wealth management solutions as your assets and family grow.

Your financial future deserves expert guidance. Take action, reach out today.

Things We Can
Help You With

  • Debt management
  • Cash-flow budgeting
  • Investment planning
  • Business structure planning
  • Insurance planning
  • Taxation planning

In the Early Stages of Your Career

Are you a new young physician thinking about paying off debt, getting married, purchasing a home, growing your family, and saving money for the future? You’re probably also wondering when is the best time to incorporate your practice. The St-Georges Group is here to help!

As professional financial advisors for new physicians, we can evaluate your current financial situation, discuss your goals, and develop a plan that suits your needs. We’ll work with you to adapt your wealth management solutions as your assets and family grow.

Your financial future deserves expert guidance. Take action, reach out today.

Things We Can
Help You With

  • Debt management
  • Cash-flow budgeting
  • Investment planning
  • Business structure planning
  • Insurance planning
  • Taxation planning

Your financial future deserves expert guidance. Take action, reach out today.

When You Run an Established Practice

From tax planning to insurance planning, The St-Georges Group provides wealth strategies and financial advice for physicians looking for a comprehensive financial plan. Whether you would like to expand your practice, purchase a larger home, pay for your children’s schooling – or all three – we help you make educated decisions that enhance your wealth, secure your future, protect your family, and simplify your life.

Our team works with you to:

  • Maintain adequate insurance coverage

  • Reduce your tax burden

  • Manage your finances

  • Invest in your business

  • Save for the future

  • Share your wealth through charitable giving

Invest in your financial well-being. Get in touch for personalized advice and guidance.

Health Professionals

When You Run an Established Practice

From tax planning to insurance planning, The St-Georges Group provides wealth strategies and financial advice for physicians looking for a comprehensive financial plan. Whether you would like to expand your practice, purchase a larger home or pay for your children’s schooling – or all three – we help you make educated decisions that enhance your wealth, secure your future, protect your family, and simplify your life.

Our team works with you to:

  • Maintain adequate insurance coverage

  • Reduce your tax burden

  • Manage your finances

  • Invest in your business

  • Save for the future

  • Share your wealth through charitable giving

Invest in your financial well-being. Get in touch for personalized advice and guidance.

When Retirement is Approaching

When retirement is within reach, you want to make sure that you are on track to achieve your goals, protect your family, and maintain your current lifestyle in retirement. As a physician, you are likely thinking more about how you will maximize the value of your business, enjoy your wealth, and leave a legacy in your community while still continuing to take care of your family.

Our team of strategic wealth advisors simplifies financial planning for physicians, giving them peace of mind that everything and everyone is taken care of when they are ready to take a well-deserved step back.

Some of our wealth planning strategies for doctors looking to retire include:

  • Estate planning and preservation
  • Will planning
  • Retirement planning
  • Tax planning

  • Insurance planning

Secure your retirement now! Connect with our wealth advisors for tailored retirement strategies and advice.

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7 Money Mistakes Every
Physician Should Avoid

Making money mistakes can harm your wealth growth. From failing to plan to not knowing their risk tolerance, discover the mistakes every physician should avoid when it comes to wealth management and financial planning.

Frequently Asked Questions

As a new physician, both repaying student loans and starting retirement savings are vital. Given your unique financial situation, it’s essential to strike a balance, considering your income, goals, and lifestyle. Tailoring a strategy that addresses both concerns will optimize your financial well-being. We can help you make the best decisions based on your situation.

Incorporating a medical practice in Canada offers health professionals potential advantages such as tax deferral and income splitting opportunities and more. However, it also comes with additional administrative responsibilities and costs. The decision to incorporate should be based on individual financial circumstances, long-term goals, and discussions with a qualified financial advisor and accountant familiar with medical professionals’ specific needs in Canada.

To build wealth, you should start by creating a comprehensive financial plan tailored to your unique circumstances and goals. Prioritize clearing high-interest debts and maximize tax-advantaged retirement contributions. Additionally, consider opportunities like real estate or practice expansion and maintain a disciplined savings approach. A knowledgeable wealth advisor can not only guide your investment strategies for optimal diversification but also help you reassess and adjust them regularly in response to life changes and market dynamics.

The key to a successful retirement as a physician is to start early, save regularly and periodically re-evaluate your investment strategies. Maximizing your RRSP contributions, taking advantage of TFSAs and incorporating your medical practice are just a few of the strategies for a comfortable retirement. A wealth management advisor can help you maximize your investments and retirement income through an integrated approach to wealth management.

Read this article to learn more: RRSP, TFSA, or RESP – Where to Invest First?

As a health professional, planning for your children’s future is paramount. Start by contributing to a Registered Education Savings Plan (RESP) which offers tax advantages and attracts government grants for education savings.

Safeguarding your financial and personal well-being is crucial. In addition to professional liability insurance, there are three essential insurances every health professional should have: Disability Insurance, which offers income protection if you’re incapacitated; Life Insurance, ensuring financial support for your family upon your demise; and Critical Illness Insurance, which grants a lump-sum payment for specific illnesses, aiding with unforeseen costs.

Read more about disability and critical illness insurance.

We simplify your life by offering
everything you need in one place.

Regardless of which stage of life you are in,
The St-Georges Group offers an integrated wealth planning approach to financial advising.

Our team considers all factors related to your life, your business, and your future goals and dreams to find wealth management strategies that suit you and your family best. You have dedicated your life to caring for the well-being of others, and we ensure that you are taken care of from graduation to retirement.

We simplify your life by offering everything you need in one place.

Regardless of which stage of life you are in, The St-Georges Group offers an integrated wealth planning approach to financial advising.

Our team considers all factors related to your life, your business, and your future goals and dreams to find wealth management strategies that suit you and your family best. You have dedicated your life to caring for the well-being of others, and we ensure that you are taken care of from graduation to retirement.