• Helping dentists address their specialized financial needs and concerns

As a dental professional, you are addressing two major priorities simultaneously. On one hand, you are focused on building and growing a successful dental practice. On the other, you want to build your personal wealth and pursue your long-term goals, ultimately achieving financial independence. Each has its own issues that must be addressed. At Tailored Financial Strategies of Raymond James, our experienced team is well-equipped to offer sound financial guidance for both important areas of your life.

Kennie Taylor was a solo-practicing dentist before a car accident prevented him from practicing any longer. It was a trying time, but also a major turning point in his life. He became a financial advisor, and with his firsthand knowledge of the financial needs and concerns of dentists, he knew he could make a difference in their lives. Above all, he knew all too well the consequences of receiving poor financial advice. Therefore, his goal is to help other dentists be prepared for any eventuality. We will seek to match the expertise that enables you to run a successful dental practice.

There are many financial needs and responsibilities that come with establishing and running a successful dental practice. There is expensive equipment to acquire, staff to be hired, budgeting and cash flow issues to consider, and a need to protect yourself and your practice from liability and disability. The team at Tailored Financial Strategies of Raymond James is well-versed in helping you with all of these important financial matters.

We can assist you with cash management and lending strategies to purchase equipment. We offer company retirement plans to help you fund your own retirement, as well as hire and retain high-quality staff. We also help you select liability and disability insurance to protect you from the unexpected. You can count on us for ongoing guidance to build your business over the years – and for having a sound exit strategy in place when the time comes to sell your practice.

Our objectives are to grow and preserve your wealth, and help you achieve a reasonable rate of return, while countering the erosive effects of inflation and taxes. We believe the formula for investment management should always include the key components of skilled investment research, long-term planning and a well-managed professional relationship.

In addition, we offer comprehensive wealth management services that go far beyond just typical investment management – to cover every essential matter that money touches. Maintaining your quality of life and helping you provide for your loved ones are two key concerns we help address for you.

A dentist who has established his own practice

Case Study

Gerald is a dentist who is confident in his professional knowledge and his ability to treat his patients, but he knows he needs guidance when it comes to the many financial issues that come with running a successful practice, as well as managing his personal financial matters.

What we would do

Our team would meet with Gerald to gain a good understanding of his needs and goals, both in his professional life as well as his personal life. The comprehensive plan we develop for him would include lending strategies to help him purchase equipment and give him the liquidity he needs to manage his practice’s cash flow, and a company retirement plan to help him fund his own retirement and offer an important benefit to his loyal staff. We would also help him choose liability and disability insurance to help protect him from unexpected events.

For his personal life, we would have a strategy designed to help him pursue his goals for growing his investment portfolio and preserving his wealth. We would serve as his financial partner for life, so when the time came to hang up his shingle, he would have a solid exit strategy in place and guidance for efficiently transferring wealth from his practice to his personal life.

This investment profile is hypothetical and not indicative of any specific situations or clients. It is presented only as an example and not intended as investment advice.

Tailored Financial Strategies of Raymond James

880 Carillon Parkway | St. Petersburg, FL 33716
T 727.567.2903 | TF 844.808.7924 | F 727.567.8349

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