As a healthcare professional, your days are full. Whether you’re running a clinic, treating patients, or balancing continuing education with family life, there’s little time left for managing a complex financial picture. High income, practice overhead, tax obligations, and retirement planning all compete for your attention—yet your financial future depends on getting it right.

At McInroy & Associates Private Wealth Management, we help physicians, dentists, specialists, and clinic owners across Bobcaygeon, Kawartha Lakes, Haliburton, and Peterborough turn complexity into clarity. We create financial strategies that simplify decision-making, reduce tax burdens, and ensure your hard work translates into lasting financial security.

Financial planning designed for your profession

Doctor talking to a nurse

Healthcare professionals face a unique combination of financial pressures. You earn more than the average Canadian, but you also carry more risk, more overhead, and more responsibility for your financial outcomes—especially without an employer pension to rely on.

We help you build a financial plan that reflects the reality of your career:

  • Investment strategies to grow and protect wealth
  • Tax-smart income structuring for incorporated professionals
  • Financial plans that account for practice growth, family life, and future transitions
  • Business planning that supports both your professional goals and personal well-being

Tax planning for healthcare professionals

Taxes can quietly chip away at your income and slow your progress if you’re not proactive. Whether you’re a sole proprietor or incorporated as a Canadian-Controlled Private Corporation (CCPC), we help you reduce tax liabilities and keep more of what you earn.

Our tax-efficient strategies include:

  • Incorporation guidance and ongoing corporate structure review
  • Optimized compensation: salary vs. dividends
  • Strategic reinvestment of retained earnings
  • Claiming all available professional, business, and education deductions
  • Coordinating RRSPs, TFSAs, and corporate investments for tax-efficient growth

Tax planning isn’t something we do once a year—it’s integrated into every part of your financial strategy.

Planning for retirement when there’s no pension

Unlike salaried employees with workplace pensions, you’re responsible for building your own retirement income. That means every financial decision today impacts your financial independence tomorrow.

We create structured retirement strategies that help healthcare professionals build predictable, tax-efficient income for the future. This includes:

Whether you plan to retire early, transition to part-time, or consult after practice, we’ll help you create a clear, sustainable path forward

Risk management that protects what you’ve built

An injury or illness can quickly jeopardize your income, your business, and your family’s financial security. That’s why we make risk management a core part of your plan.

We help you:

  • Secure disability and critical illness insurance tailored to your income and profession
  • Use corporate-owned life insurance for both protection and tax-advantaged planning
  • Review and update your coverage regularly as your life and career evolve
  • Structure buy-sell agreements and key-person insurance if you run a practice with partners

We make sure you’re prepared for what can’t be predicted—so your practice, your family, and your lifestyle stay protected.

Advice that evolves with your career

We work with healthcare professionals at every stage—from newly incorporated doctors and dentists to established specialists preparing for retirement. Your financial needs shift as your life and career progress. We stay with you every step of the way.

With McInroy & Associates, you get:

  • A clear, long-term strategy
  • Ongoing, proactive service—not just during tax season
  • Trusted advice from a team that understands the complexity of your career
  • A financial partner who picks up the phone before you know there’s an issue
Female doctor checking on her older patient