Tetrault Wealth Advisory Group Wealth Management for Surgeons:
Residents & Fellows Heading Toward Practice
Practicing Surgeons in Hospital or Private Settings
Surgeons Running Their Own Clinics or Corporations
Surgeons Approaching Retirement or Reduced Hours
What We Do
Years of training, long call schedules, and a career that hinges on the physical work you do every day put surgeons in a financial category of their own. Wealth management for surgeons at Tetrault Wealth starts with a conversation about what your career looks like today and what you want it to look like in twenty years.
Income tends to arrive later and grow faster than in most professions, disability insurance matters more when your hands are your livelihood, and a professional corporation opens up planning routes that a salaried employee never sees. We take those pieces and turn them into a plan you can actually follow.
Discover the Tetrault Wealth Difference!
Rob Tetrault spent years as a litigation lawyer before earning an MBA in Finance from the Asper School of Business and, more recently, a PhD. Few advisors bring that kind of legal training into a financial planning conversation, and it shows in how our team reads a corporate structure or an estate document.
Our back office runs through CG Wealth Management, giving our group access to institutional research and technology most independent practices can’t match. Surgeons who partner with us get a team that has spent years working through the tax and investment questions unique to a surgical practice.
Personal Wealth Planning for Surgeons
“A surgeon in year one out of residency and a surgeon running a busy practice for two decades face very different money questions.”
Our personal financial planning work meets you at whichever stage applies.
Working with our team, you can expect:
- A full review of your current financial position, including any lingering training debt
- Retirement income projections built around a surgical income curve that ramps up over time
- Estate and legacy planning, with a review of wills, powers of attorney, and beneficiary designations
- Tax planning strategies suited to high income brackets and incorporated earnings
- Cash flow analysis that accounts for call pay, overtime, and variable hospital compensation
- Insurance needs analysis, with particular attention to disability coverage tied to your specialty
- Investment portfolio audits, including a look at concentration in medical device or pharma stocks
- Charitable giving strategies for surgeons who want their donations to carry tax efficiency
- Family wealth planning that covers income splitting and education savings
Our process begins with a discovery meeting, followed by a plan presentation, one update within the year, and up to four review meetings that can include your accountant or lawyer.
Wealth Planning for Incorporated Surgeons & Medical Corporations
“Many surgeons operate through a professional corporation, and that structure changes the math in ways worth exploring with a team who knows the terrain.”
Our estate and legacy planning services extend into the corporate side of your practice, covering:
- Corporate investment account reviews and portfolio audits inside your medical corporation
- Salary versus dividend strategies that balance your personal and corporate tax bill
- Retained earnings planning, including individual pension plans and corporate-owned insurance
- Buy-sell agreement reviews for surgeons operating within group practices
- Succession planning for those preparing to wind down a clinic or transition a practice
- Compensation structuring between spouses or family members tied to the corporation
A surgical schedule leaves little room to untangle corporate tax rules between procedures. Our team handles that so your plan keeps moving without eating into your time in the OR.
Why Surgeons Choose Us
Surgeons partner with us for reasons that go beyond a polished website. Rob Tetrault has appeared on Wealth Professional’s list of Top 50 Advisors in Canada more than once, and our group brings over a century of combined wealth management experience. A few reasons surgeons across Canada choose our team:
- A fiduciary standard applied to every recommendation we make
- A rare combination of legal and financial training, put to use on corporate structuring
- Institutional-grade research and technology through our CG Wealth Management partnership
- Full protection through the Canadian Investor Protection Fund (CIPF) and oversight from the Canadian Investment Regulatory Organization (CIRO)
- Years of experience working specifically with surgeons and their medical corporations
Serving Surgeons Across Canada
Surgeons reach out to our team from Winnipeg, Toronto, Vancouver, Calgary, Edmonton, and cities across the country, and geography never limits the depth of planning we provide.
Whether you split time between a hospital and a private clinic, or run a solo surgical practice, our team builds around the way your career actually operates. Explore our retirement planning services to see how the pieces fit together over the long run.
Talk with an advisor who understands what a surgical income and a medical corporation both demand of a financial plan. Book your consultation today.
Frequently Asked Questions
Why does disability insurance matter more for surgeons than other professionals?
A surgical career depends on your hands and physical stamina in a way most jobs don’t. Coverage built around your specialty protects the income your practice generates if an injury ever gets in the way.
What financial questions come up most for surgeons early in their career?
Training debt and a sudden jump in income after residency top the list. We help surgeons build a plan that handles both without letting lifestyle creep outpace long-term goals.
How does a professional corporation affect a surgeon's tax planning?
Incorporation allows salary versus dividend decisions, retained earnings strategies, and corporate-owned insurance. These options simply don’t exist for surgeons paid a straight salary.
