The Dentist Money Show | Financial Planning & Wealth Management

The industry is becoming more entrepreneurial, but there are pitfalls and perils awaiting those who don't know the ins and outs of building a group practice. On this episode of the Dentist Money™ Show, Ryan talks with Perrin DesPortes of Polaris Healthcare Partners, a strategic advisory firm focused exclusively on helping entrepreneurial dentists build successful group practices.

When someone is unable to fully grasp the importance of something, it's called a blind spot. While we all have them, early recognition of personal financial blind spots can prevent us from making costly mistakes. On this episode of the Dentist Money™ Show, Ryan and Matt warn about five common blind spots every dentist should consistently guard against. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On the inaugural episode of Dentists Are People Too, a Dental Money Show Series podcast, Ryan welcomes Mark Costes. Writer, coach, serial entrepreneur, podcaster, and dentist, Mark shares stories about his entrepreneurial successes … and failures, his personal passions, and why he loves the philosophy of Stoicism.

If you don't believe fraud will happen at your practice, you're not paying attention to the high number of dentists who get embezzled by a staff member. On this episode of the Dentist Money™ Show, Ryan talks about fraud in the dental industry with David Harris, founder of Prosperident, a forensic investigation firm that specializes in protecting dentists from financial crimes. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

DSOs are in a buying mode, but before you act too fast, there is a lot to consider as selling a practice is a huge financial and emotional decision. On this episode of the Dentist Money™ Show, Ryan talks with Kyle Francis of Professional Transition Strategies about industry consolidation, how DSOs make money, and if selling, finding a partner, or just holding is right for you. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Want financial peace of mind? First uncover what really matters to you when it comes to your money, then align those core values with your finances. On this episode of the Dentist Money™ Show, Ryan and Matt welcome back Reese Harper to talk about the philosophy behind the Elements app and how it can help people connect their financial decisions to their values and purpose. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Dentists face financial complications that far exceed a normal person's. How to conquer that complexity was the proving ground for the development of Elements. The Elements app is now ready and Dentist Advisors is using it with clients. On this episode of the Dentist Money™ Show, Ryan and Matt explain how Elements helps people get organized and find financial peace of mind. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You read headlines like, "After a brutal 2022, Wall Street predicts 2023", "Market Forecast 2023: Challenges Abound", and you know analysts pour over numbers and trends to come up with their predictions. So are they accurate? On this episode of the Dentist Money™ Show, Ryan and Rabih discuss what economists base their predictions on—and what can end up going right … or wrong. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

If a DSO comes calling, making a mistake during negotiations could be extremely costly. Here's how to control the discussion and maximize the outcome. On this episode of the Dentist Money™ Show, Ryan interviews Brannon Moncrief of McLerran & Associates. Whether a DSO is showing interest, or you're selling a practice, find out why adding a sell-side advisor improves your position. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Even though 2022 was a tough one for stocks, Dentist Advisors' clients continued to grow their net worth through smart financial decisions. On this episode of the Dentist Money™ Show, Ryan and Matt examine Dentist Advisors' year-end data for client averages for income, net worth, debt reduction, and more. How do you stack up as you advance on your own path to wealth? Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Retirement creates a balancing act—you don't want to run out of savings, but you want to enjoy that money too. Does the "4% Rule" still work for retirees? On this listener Q&A episode of the Dentist Money™ Show, Ryan and Matt illustrate how the 4% Rule is used. Plus, they explain the scary side of kids' education accounts and where real estate fits in a well-diversified portfolio. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

When marketing, dentists tend to list their selling points rather than focus on the reputation they're trying to build. Here's the problem with that approach … without a core brand you look just like everyone else. On this episode of the Dentist Money™ Show, Ryan welcomes Grace Rizza, CEO of Identity Dental Marketing, to discuss how branding creates patient loyalty. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Large companies work hard for solid credit ratings based on their history, financial strength, and future. They want to be investment grade. Your practice is your #1 asset, how do you make sure it's "investment grade"? On this episode of the Dentist Money™ Show, Ryan welcomes Dr. Victoria Peterson, Dr. Chad Johnson, and Regan Robertson of the Productive Dental Academy. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You're a clinical virtuoso but really don't enjoy the business side. Adding to your team or working at multiple locations adds revenue but also stress. Plus, it takes you away from what you really love about dentistry. On this episode of the Dentist Money™ Show, Ryan welcomes Kiera Dent of the Dental A Team to talk about how to rightsize your practice so it's a good fit for you. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Want to know how to prevent unexpected money woes? To ensure you're following a healthy strategy, make sure you track these financial indicators. On this episode of the Dentist Money™ Show, Ryan and Matt highlight Elements scores that quickly help you understand your financial health. There will always be uncertainty on the road to financial freedom—unless you follow the right signs. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Breaking up is hard to do—but when it comes to your financial future, these five warning signs could indicate it's time to find a new advisor. On this episode of the Dentist Money™ Show, Ryan, Matt, and Amanda talk about why a dentist might not be satisfied with their advisor. The good news is they also explain how to find one who can provide the service you expect. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

There's a degree of uncertainty and potential for loss that comes with every investment. But some come with much greater risk—and you need to know why. On this episode of the Dentist Money™ Show, Ryan and Matt expose some of the issues that led to the FTX crypto exchange collapse, which scammed even elite firms. It's a reminder of what we all should remember when taking a risk. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You've made a long-term commitment to dentistry. You also need to approach your investments with the same in-it-for-the-long-haul attitude. On this episode of the Dentist Money™ Show, Ryan, Matt, and Rabih take a close look at portfolio diversification. How does it work and why does it help—and what does career longevity have to do with your investment strategy? Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

No matter where you are in your investing career, bonds offer low risk and benefits—like income and capital preservation—that you need to understand. Bonds often don't get enough attention, despite being an essential investment vehicle. On this episode of the Dentist Money™ Show, Ryan, Matt, and Rabih look at bonds and the role they might play in each investor's portfolio. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Would you like to level the playing field when competing with big DSOs? Start by joining with thousands of practices to improve your purchasing power. On this episode of the Dentist Money™ Show, Ryan and John Stamper discuss how Dental Whale offers dentists a central place to shop, to learn more about technology, and to join with other practices to beef up their buying power. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

When you hear "estate planning" what do you think? It's only for the wealthy? Or, maybe it makes you consider your own mortality, which you don't care to do. If you're delaying yours, know this: each dentist needs an estate plan. On this episode of the Dentist Money™ Show, Ryan and Matt look at estate planning basics, plus some life complexities that may need estate attention. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready for full service financial planning and investment management with a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Is putting money into stocks more like gambling than investing? While there are those who believe that's true, seasoned investors will explain how investing over a long period skews the expected outcome in favor of the investor. On this episode of the Dentist Money™ Show, Ryan and Matt illustrate how you can alter your investment odds to come out ahead—just like Vegas casinos do. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Close to 54,000 Americans will be diagnosed with oral cancer this year. By encouraging patients to add a simple oral cancer screening light exam with their traditional head and neck oral exam, you can help reduce that number. On this episode of the Dentist Money™ Show, Ryan talks with Amber Young of OralCancerCause.org about oral cancer and why there's a need to raise awareness. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Starting a business may be easier than ever before. Not much stands in the way of a dentist who believes they have the golden solution to a unique problem. But while startup obstacles are few, numerous roadblocks remain. On this episode of the Dentist Money™ Show, Ryan talks with Vivik Kinra about hurdles he has faced as he builds two new dental software companies. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Have you considered offering aesthetic beauty procedures at your practice? Non-invasive treatments for things like pigmentation lesions and acne are becoming increasingly popular and helping dentists add to their bottom line. On this episode of the Dentist Money™ Show, Ryan talks with Sally Bevans, VP at Sinclair Viora, who details why dentists and aesthetics are a good match. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

With inflation and rising interest rates, the economy has become front page news and people are asking about what they can do to protect their finances. On this listener Q&A episode of the Dentist Money™ Show, Ryan and Matt offer their view on how much emergency cash to keep on hand, what to look for in a CPA, and whether you should stop investing in today's erratic market. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

The right advisor can play a pivotal role in helping you make smart financial decisions. But how can you know who to listen to and who you can trust? To give you a better idea about the differences between financial advisors, on this Dentist Money™ Show Ryan and Taylor Sutterfield illustrate how commission-based, dually-registered, and fiduciary advisors differ from each other. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Building a practice is not easy. You worry about billing services, insurance management, overhead, business consulting, marketing, collections, human resources, and more. One entrepreneur wants to help you solve it all. On this Dentist Money™ Show Ryan interviews Dr. Scott Leune of Breakaway Seminar whose vision has guided thousands of practices to greater profitability. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Divorce has legal, financial, property, and custody issues that can seem so complicated—and deeply emotional—that people avoid talking about it. After putting it off for seven years, the Dentist Money™ Show thought it was time to give the subject some attention as Ryan welcomes attorney Marco Brown, of Brown Family Law. Divorces happen. Here are some things you should know. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Outside sources are constantly bombarding our brains with a barrage of information intended to influence us to make snap decisions. Unfortunately, when it comes to your money, quick decisions can have serious consequences. On this Dentist Money™ Show, Ryan and Matt look at what can prevent you from making hasty choices that end up being detrimental to your financial health. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You may not need Pink Floyd's "New car, caviar, four star, daydream, think I'll buy me a football team, or, I'm in the high-fidelity first-class traveling set, I think I need a Lear jet." But what pricey things bring you happiness? On this Dentist Money™ Show, Ryan and Matt ask the Dentist Advisors Facebook Group about what lavish purchases they've made that brought them joy. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

More and more practices are being purchased by them—and one in five dentists under the age of 35 is now working for one—so what's up with DSOs? On this Dentist Money™ Show, Ryan interviews Sara Stock of Stock Legal, a firm that provides legal expertise to DSOs. Take a peek behind the curtain to see where the money comes from and why equity-backed practices are trending. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Can you really know what's best for your financial health when the media skews the truth to improve ratings and generate more clicks? On this Dentist Money™ Show, Ryan, Matt, and Jake introduce a new segment where they look into current financial news and uncover trends that can make a difference as you navigate financial decisions. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

For decades financial advisors were defined by a business model that focused on selling products. Today many advisors, like dentists, are diagnosing a client's financial health before offering a full treatment plan. On this Dentist Money™ Show, Ryan, Matt, and Taylor Sutterfield, CFP®, discuss why more advisors are now building client relationships based on trust. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

The President has what has been called the toughest job in the world. But how much do his decisions affect the stock market? The economy? Commodity prices? On this Dentist Money™ Show, Ryan and Matt quiz Rabih Dimachki, Dentist Advisors' Investment Operations Manager, on the power of the President. When it comes to fiscal and monetary policies, where does the economic buck stop?Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

Dentists generally can invest in these asset classes: their practice (private business), real estate, and public markets. You're already invested in your practice and location, to balance your assets, here's why you need stocks. On this Dentist Money™ Show, Ryan and Matt welcome Jake Elm, CFP® to talk about why stocks should be a part of your investments as you build wealth. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

You like being your own boss, but is there a way to still feel independent and leverage the economies of scale available through large dental groups? On this Dentist Money™ Show, Ryan interviews Dr. V—Chris Villanueva—founder of MB2 Dental. Chris explains how to get operations help when needed, compete with the big boys on pricing, and still maintain control of your practice.

When the stock market looks to be spiraling down, should you stop investing then watch from the sidelines and start investing again when things recover? With today's unsettled economy, it's a question many people are asking. On this Dentist Money™ Show, Ryan and Matt welcome Will Gochnour, CFP® to talk about investor behavior and strategies for investing during turbulent times. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this Dentist Money™ Show, which was recorded live, Ryan, Matt, and Rabih answer questions about what's happening in today's financial world. Inflation, stagflation, real estate trends, and what historically happens to stock prices during a recession are all discussed. Plus, learn about the new Dentist Money Membership—an announcement you don't want to miss. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

The decisions you make prior to purchasing a practice have long-term implications. That's why knowing which practice model fits your vision is so crucial. On this episode of the Dentist Money™ Show, Ryan talks with Dr. Richard Low and dental student Andrew Clingan of Shared Practices about pre-ownership angst in today's economy and how to speed up the path to owning a practice. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program.Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

When inflation begins straining investor nerves, questions about commodities—especially gold—as a hedge against rising prices are sure to follow. Where do commodities fit as an investment asset? What are derivatives and futures? Why would you want commodities in your portfolio? Get the answers to these questions and more on this episode of the Dentist Money™ Show. Need answers to your financial questions but not ready for a full-service wealth manager? Check out our new Dentist Money Membership program. Are you ready to fully outsource your financial planning and investment management to a financial advisor who specializes in working with dentists? Check out our Private Wealth Management service.

On this listener Q&A episode of the Dentist Money™ Show, Ryan and Matt talk about "I" bonds, life policies for kids, and buying a home in today's market. With inflation soaring, people want to know more about Series I savings bonds. What are the options for life policies for kids? And, if you're in the market for a home, should you still buy, or wait for the market to cool down?

As DSOs buy more practices and rising interest rates continue to increase the focus on real estate returns, how and when you take the equity out of the building that houses your practice is becoming increasingly important. On this episode of the Dentist Money™ Show, Ryan welcomes real estate dental space specialist, Tanner Milne, to talk about selling your building.

Teledentistry uses online video interactions to make it easier for patients and dentists to communicate—and it's seen mixed results. With a more personal approach, virtual consultations can dramatically increase case acceptance. On this episode of the Dentist Money™ Show, Ryan welcomes Joe Chickerillo and Tom Brown from Your Virtual Consult to explain how your teledentistry experience can be enhanced to make a real difference.

Owning your practice—and the building that houses it—seems like a dental tradition. But does the risk/reward of commercial real estate still make sense? On this episode of the Dentist Money™ Show, Ryan and Adam Watts, a real estate developer specializing in health professional locations, talk about the "do's and don'ts" of being the landlord of your practice location.

Post-Covid we saw economic stimulus, now rising interest rates show federal fiscal strategies are changing. Is this a signal that recession is looming? On this episode of the Dentist Money™ Show, Ryan and Matt take a hard look at recession—what it means, the history of economic resets, and the negatives (and positives) that come when government tightens its monetary policies.

As inflation increasingly becomes reality, learn what borrowing strategies you can use as rising interest rates continue to affect loans and mortgages. On this episode of the Dentist Money™ Show, Ryan interviews lending specialist Drake Bloebaum. If you are considering buying a practice, a building, or a home—or looking to refi to consolidate debt—Drake offers advice for you.

It was six years and 332 episodes ago that Reese and Ryan recorded the first Dentist Money™ Show. Little did they know then that so many dentists would tune in to get advice on how to make smart financial decisions. As we celebrate one million listens, join Ryan, Matt, Reese, and our very special guests who offer some "million dollar advice" of their own.

The NCAA's March Madness basketball tournament is known for its bracket-busting upsets and unexpected, last-second victories. But what if no one kept track of the score? How would that change the stress-filled drama? On this Dentist Money™ Show, Ryan and Matt get tournament crazy about investments and ask if benchmarking your portfolio should be March Madness intense.

On this listener Q&A episode of the Dentist Money™ Show, Ryan and Matt offer advice on estate plans, Buy-Sell Agreements, and what defines a recession. When should you start thinking about an estate plan? Want to partner? Learn why you'll want a legally-binding exit document to prevent future problems. And with so much talk about recession, how do you know if one is occurring?