The Dentist Money Show | Financial Planning & Wealth Management

What is it like to be a Dentist Advisors client? On this episode of the Dentist Money™ Show, Ryan and Matt look closely at the Dentist Advisors client journey. From your initial consultation call to completing a detailed onboarding process to building a financial plan that becomes the basis for your financial decisions, Ryan and Matt get down to the nuts and bolts of each phase a Dentist Advisors client passes through.

On this episode of the Dentist Money™ Show, Ryan welcomes the legendary Dr. Nacho, Paul Goodman, for a wide-ranging discussion on how to keep all of your practice ownership pieces lined up. From preparing for unforeseen physical emergencies to making sure your staff knows how money flows through your practice to why you need mentors who are within 10 years of your age, Dr. Goodman is at his Dental Nachos best.

On this episode of the Dentist Money™ Show, Ryan and Matt discuss how pivotal liquidity is to a good financial plan. Your practice needs liquidity, you have a need for personal emergency funds, plus you should also be planning ahead for big projects. For all three you need access to cash. Do you know how much? And where’s the best place to be tucking those funds?

When you need to make tough money decisions, it’s critical that you have your financial house in order. On this episode of the Dentist Money™ Show, Ryan and Matt discuss the reasons why feelings of vulnerability turn into relief when people finally get on top of their finances. Find out why it’s so difficult for people to get—and keep—their finances organized.

On this episode of the Dentist Money™ Show, Ryan and Matt look into one of the biggest financial decisions you’ll make in your career: should you own your practice location? It’s not easy to make the distinction between your practice and the office that houses it, but this is a business decision first and foremost. Ryan and Matt review the reasons why you should study your options carefully—there are times ownership is the right choice and other times it may be a costly blunder.

On this episode of the Dentist Money™ Show, Ryan talks with Dr. Richard Low of Shared Practices about the mistakes that can threaten the hard work that goes into practice ownership. Ownership remains an ultimate goal in dentistry but costly blunders can be discouraging. From too casually considering your ownership options—scratch start, single-doctor practice, multi-doctor practice—to delaying your jump into ownership for too long, Ryan and Richard cover typical mistakes that every owner should know about.

On this episode of the Dentist Money™ Show Ryan and Matt examine the difference between taxable income your CPA reports and the gross cash flow your CFP® needs to know. Determining how much money stays in your pocket is key to saving effectively, paying down debt, or buying that boat you’ve dreamed about. For financial planning purposes, Ryan and Matt go over the formula for how much you actually make. To do any future planning, it’s important that you get the math right. Register for CE Credit Here: https://dentistadvisors.com/dms-ce-276

As a dentist, you’re one of the highest income earners in the country. As you build your net worth, you want to get the best financial advice possible. So who is the right person to give you that advice—someone who understands your level of wealth because they have it like you do? Or can you expect to get solid financial advice from someone who doesn’t have a high income? On this episode of the Dentist Money™ Show Ryan and Matt talk about high-income clients and high-income advisors. Where should you look for advice? It’s a discussion that reveals the broad scope of advice that’s available in the world of financial advisors.

From start-up to cosmetic dentistry to a highly specialized niche, Dr. Michelle Jorgensen’s 20-year career has taken a fascinating trajectory. To celebrate Dentist Day 2021, Ryan interviews a practicing dentist on this episode of the Dentist Money™ Show. A toxic bout with mercury poisoning put Dr. Jorgensen on an unusual path where she has been the dentist doing the dentistry, she has helped other people do the dentistry, and now is managing others who do the dentistry at her health-based practice. Dentistry is full of unexplored opportunities, find out how one dentist went from almost selling her practice in despair to having DSO’s knocking on her door.

On this episode of the Dentist Money™ Show, Ryan interviews Glenn Vo, founder of Nifty Thrifty Dentists. If “it takes a community to raise a child,” the need for community could easily be applied to building a practice. Running your own small business is difficult—so where do you turn for solutions? Glenn Vo, king of the discount deal and practicing dentist, explains why establishing relationships with other experienced dentists is so important to finding practice success.