Listen to THE DENTIST MONEY™ SHOW podcast
Listen to THE DENTIST MONEY™ SHOW podcast
Financial Planning & Investment Management for Dentists
Dentist Advisors is a commission-free, fiduciary advisor, focused exclusively on dentists.
Personal Financial Planning Service
We help dentists gain confidence in their financial lives.
Commission-free pricing
Objective, fiduciary advice
Dental-specific financial coaching
Long term investment strategy
Commission-free pricing
Objective, fiduciary advice
Dental-specific financial coaching
Long term investment strategy
Private Wealth Management
Full service financial planning and custom portfolio management with unlimited access to a dental-specific CFP® advisor.
Associate & Basic Owner
For associates and small, early-career practice owners
Investment fee +
$0-295 / Month
Practice Owner
For established practice owners
Investment fee +
$0-495 / Month
Advanced Owner
For large or multi-location practice owners
Investment Fee +
$0-795 / Month
Dentist Money™ Membership
A suite of tools to support your self-directed strategy and discuss your plan with a dental-specific advisor.
LEARN ABOUT
Our Investment Philosophy
We believe public markets reward disciplined investors because they offer:
“The most important thing about an investment philosophy is that you have one you can stick with.”
– David Booth
“All the time and effort that people devote to picking the right fund, the hot hand, the great manager, have in most cases led to no advantage.”
– Peter Lynch
“Wall Street’s favorite scam is pretending luck is skill.”
– Ron Ross
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.”
– Paul Samuelson
VIEW OUR
Popular eGuides
7 Big Mistakes Dentists Make That Wreck Retirement
Why Saving 10% Won’t Be Enough for Dentists
Explore OuR
Educational Library
Get dental-specific financial insights from our collection of podcasts, articles, videos, and eGuides.
Are You Chasing Status Or Building Wealth? – Episode #555
Elections and Investing: Debunking Common Myths
By Matt Mulcock, CFP® , CEO
By Jake Elm, CFP® , Financial Advisor
The First Financial Question We Ask Every Dentist – Part 2 – Episode #553
Did We Just Experience A Flash Crash?
By Jake Elm, CFP® , Financial Advisor
Building Your Child’s College Savings Fund – Episode #550
Fee Schedule
Investment Fee
Investment Balance | Annual Fee | |
---|---|---|
First $1M | $0 - $1M | 1.5% |
Next $1M | $1M - $2M | 1.0% |
Next $1M | $2M - $3M | 0.75% |
Above $3M | 0.5% |
The cost of planning will be offset by a monthly fee until your investment fee covers the cost of our planning service. See monthly fee reduction schedule below.
Investment Balance | Monthly Fee Reduction |
---|---|
$500k | -$100 |
$750k | -$200 |
$1M | -$300 |
$1.25M | -$400 |
$1.5M | -$500 |
$1.75M | -$600 |
$2M | -$700 |
$2.25 | -$795 |
Investment Philosophy
At Dentist Advisors, we believe markets can create remarkable value for investors. For those who stick around long enough to capture the returns, history shows that markets provide disciplined investors with a unique value proposition, including high expected returns (compared to other assets classes) with virtually no requirement of individual effort or time commitment. Few investments can boast those kinds of dynamics.
Our investment roots are most influenced by the science of investing and behavioral economics. We subscribe to the theories of widely respected economists, professors, Nobel Prize winners, and psychologists. The consensus of a variety of experts, along with other financial thought leaders, has helped us adhere to certain core investment values:
- While it’s true that markets go up and down, it’s also true that prices are quite fair because they represent the objective viewpoints of buyers and sellers all over the world who trade billions of dollars each day.
- Investors who attempt to “beat” the market essentially believe their own knowledge outweighs the combined wisdom of all market participants. In most cases, those investors usually fall short. Beating the market often involves taking above-average risk and incurring above-average costs—and most often those two trade-offs are simply not worth the potential reward.
- Behind every investable security are companies, governments—and ultimately people—who are motivated by self-interest to make economic gains. Some will succeed and some will fail, but on the whole markets expand over time as competition drives innovation.
Instead of chasing returns, we take a more systematic approach to trading and investing. Our philosophy is to build a portfolio that owns a share of the “entire market.” To achieve this, and to keep the odds in your favor, we most often use mutual funds and ETFs (exchange-traded funds) that provide exposure to countries and securities across the globe. Simply owning one index fund is not enough to achieve a properly diversified portfolio—and despite general public opinion, the cheapest index funds are not always the best performers as they may not have the specific attributes (e.g. country or accounting metric) you’re seeking to replicate.
In addition to following research-based principles, we build portfolios of diversified investments across countries, companies, and currencies that are specific to your individual age, need for liquidity, personal spending and major purchase goals. Your timelines, risk requirements, and savings objectives are specific to you, and must be understood before any decisions are made with your money.
Beyond the mechanics of a well-constructed portfolio, we believe the biggest factor in your overall investment success is how you behave during tough markets. Natural human emotions like fear and greed are the enemy of consistency, and often lead to reactive cycles of buying high and selling low. Of all the ways an experienced investment advisor can help you achieve better returns, behavioral coaching to help you stay the course is the most impactful. See Vanguard’s “Advisor’s Alpha” report.
We also understand your practice is the engine that powers your growth. A thriving business provides the cash flow to pay down your debt faster, support the lifestyle you want for your family, and save more money for the future. By accumulating assets in the right order, you can enjoy maximum flexibility during your career and throughout retirement.
5 Reasons Why Public Markets are Awesome!
What are the real financial benefits of public markets?
Six Keys to Powerful Investment Portfolios – Episode 55