Tetrault Wealth Advisory Group Wealth Management for Physicians:
Incorporated Medical Professionals
Residents & Early-Career Physicians
Established & Senior Physicians
Retiring & Semi-Retired Physicians
What We Do
Physicians spend a decade or more training for one profession, and rarely get formal training in the other one that matters just as much: managing the money that profession produces. That’s why wealth management for physicians is more than a buzzword for us.
We sit down with doctors at every stage of their career, from a first-year resident juggling student debt to a senior surgeon planning a transition out of practice, and we build a plan around the actual shape of a medical income. Salaries that jump sharply after residency, corporations that hold retained earnings, and OHIP or provincial billing quirks all get factored into the conversation from day one.
Discover the Tetrault Wealth Difference!
Rob Tetrault brings a background most advisors simply don’t have. A law degree from the University of Toronto, years spent practicing litigation, and an MBA in Finance from the Asper School of Business sit behind every recommendation our team makes.
Add a PhD earned more recently, and you get an advisor who reads a professional corporation’s structure the way a lawyer reads a contract. Our back office runs through CG Wealth Management, giving our group access to institutional research and technology that a solo advisory shop couldn’t match on its own. Physicians who work with us get a team that has spent years untangling the specific tax and investment puzzles that come with running a medical practice.
Personal Wealth Planning for Physicians
“A resident’s financial picture looks nothing like a partner’s at a busy clinic, and our planning reflects that difference from the start.”
Working with our team, physicians can expect:
- A full review of your current financial position, student debt included
- Retirement income projections built around a physician’s variable earning curve
- Estate and legacy planning, including a review of wills, powers of attorney, and beneficiary designations
- Tax planning strategies suited to high marginal rates and incorporated income
- Cash flow analysis for the transition from resident salary to attending income
- Insurance needs analysis, covering disability coverage that protects your practice income
- Investment portfolio audits that account for concentration risk in medical or pharma holdings
- Charitable giving strategies, since many physicians want a giving plan that also makes tax sense
- Family wealth planning that covers spousal income splitting and education savings for kids
Our process includes a discovery meeting, a plan presentation, one update or revision within the year, and up to four additional review meetings that can include coordination with your accountant or lawyer.
Wealth Planning for Incorporated Physicians & Medical Corporations
“Most physicians in Canada eventually incorporate, and a professional corporation opens up planning opportunities that a standard T4 employee never sees.”
Our team works alongside your accountant and legal counsel to get the most out of that structure. This side of our practice covers:
- Corporate investment account reviews and portfolio audits inside the MPC
- Salary versus dividend planning to manage your personal and corporate tax bill together
- Retained earnings strategies, including individual pension plans and corporate-owned insurance
- Buy-sell agreement reviews for physicians in group practices
- Succession planning for doctors preparing to sell a practice or wind down a corporation
- Compensation structuring between spouses or family members involved in the practice
Physicians juggling a busy call schedule don’t have hours to untangle corporate tax rules on their own. We take that weight off your plate so the plan keeps moving even when your calendar doesn’t allow it.
Why Physicians Choose Us
Doctors trust us with their financial lives for reasons that go beyond a nice website. Rob Tetrault has been named to Wealth Professional’s Top 50 Advisors in Canada multiple times, and our team brings over a century of combined wealth management experience to every client relationship. A few reasons physicians across Canada partner with us:
- A fiduciary standard on every recommendation, with your interests coming first
- A legal and financial background rare among wealth advisors, applied directly to corporate structuring
- Institutional-grade research and technology through our partnership with CG Wealth Management
- Full protection through the Canadian Investor Protection Fund (CIPF) and oversight from the Canadian Investment Regulatory Organization (CIRO)
- A team that has spent years working specifically with medical professionals and their corporations
Serving Physicians Across Canada
Doctors reach out to us from Winnipeg, Toronto, Vancouver, Calgary, Edmonton, Ottawa, and beyond, and distance never gets in the way of a good financial plan. Whether you practice in a hospital, run your own clinic, or split time between the two, our team meets you where your career actually stands.
Book a conversation with a physician-focused advisor and find out what your medical corporation could be doing for your retirement.
Frequently Asked Questions
When should a physician start working with a wealth advisor?
The earlier the better, honestly. A resident with student debt and a young attending physician have very different needs, but both benefit from a plan that grows with their income.
How does incorporation change my financial planning options?
A medical corporation opens the door to salary versus dividend planning, retained earnings strategies, and corporate-owned insurance. These tools rarely apply to employees paid through a T4.
Can you coordinate with my accountant and lawyer?
Yes, our review meetings often include your accountant or legal counsel. Coordinating this way keeps your tax, legal, and investment strategies aligned.
