Is disability insurance important for physicians?20230529130050
Should physicians incorporate?20230529125954
How do physicians prepare for being business owners?20230529125822
Should physicians pay down debt or start saving?20230412012648
First Home Savings Account: Understanding the basics20220823140714
First Home Savings Account: Understanding the basics
What is the First Home Savings Account? In April 2022, the Federal government introduced the “First Home Savings Account”, or FHSA. This new type of registered savings account officially launches in 2023 and will allow Canadians to save up to $40,000 towards their first home. The FHSA combines the features of the RRSP and TFSA, […]...
Financial Q&A: How do physicians prepare for being business owners?20220818135444
Financial Q&A: How do physicians prepare for being business owners?
Senior wealth advisor David Bourada talks about how physicians need to prepare for business ownership, and what is missing from their support network. IP Private Wealth provides 360° wealth management and financial planning for affluent Canadians of high net worth through a Family Office model....
How doctors can protect their income in case of illness20211109215208
How doctors can protect their income in case of illness
You’ve likely invested over 10 years of your life and over $200,000 into your education on your path to becoming a physician—a career that requires your mind and body to be in sound working order. Breaking a couple fingers on a soccer pitch or getting a concussion on an ATV may be moderate inconveniences to the average person, but to a doctor, the wrong injury at the wrong time can end a career....
Giving the Smart Way: Donor Advised Funds20210928162540
Giving the Smart Way: Donor Advised Funds
A Donor Advised Fund is a singular fund for philanthropic giving; it permits donors to make a charitable contribution to their chosen charities via the Fund as frequently as they desire, in increments to each in various proportions depending on the donor’s desire or the charities’ needs....
Top 5 Questions Asked by New Physicians20210312011643
Top 5 Questions Asked by New Physicians
Starting out as a new physician is exciting, and the general assumption is that you’re sent out into your profession with everything you’ll need. But there are aspects of your practice and finances that medical school won’t prepare you for. A few key questions to consider for any physician starting out—and even some with experience […]...
A Physician’s Guide to Personal Finance and Investing20210311194556
A Physician’s Guide to Personal Finance and Investing
It’s not unusual for parents to want their children to grow up to become doctors. It’s one of most noble professions in the world and it pays well–or at least that’s the general perception. People see a young doctor and think of a Grey’s Anatomy character driving home in their Porsche to relax in their […]...