Health Professionals
We take as much care of your wealth as you take of your patients.
At Maddern Private Wealth, we know the special financial challenges that health professionals face:
- Your career has a number of distinct phases, between which your earnings vary significantly.
- As a self-employed professional, you need a business structure that protects your assets and income, and minimises taxation.
- Insurance is a major expense for you, and the threat of losing your income is very real.
- You may have the opportunity to purchase your consulting rooms.
At Maddern Private Wealth, many of our clients are doctors, dentists and allied health professionals. We understand your special financial needs, but more importantly, we understand what makes you tick. We know how important it is that your investments are thoroughly, independently researched. We treat your money with the same rigorous attention to detail with which you treat your patients.
Wherever you are in your health career, we can help you make the most of your earnings. Because we're partnered with an accounting practice, we take your whole financial picture into account. We can recommend investments, superannuation and insurance, and we can help you set up the right business and tax structure.
Self-managed superannuation specialists
Many of our clients in the health industry choose to create self-managed superannuation funds (SMSF). This gives them greater control over their retirement savings, and the opportunity to undertake unique tax-effective strategies such as purchasing their consulting rooms through their SMSF, then effectively paying rent to themselves. To create and administer a SMSF effectively, you need a specialist. Maddern Private Wealth are accredited as SMSF Specialist Advisers, and because our client base consists of doctors and other successful professionals, we have deep experience in successfully setting up and administering high-performing self-managed funds.
