Our team of financial professionals provides you comprehensive wealth management for all your personal financial and business goals. You can focus on your family and your patients while we focus on your total wealth picture, from tax planning strategies, financial and investment management, insurance solutions, to retirement and estate plans.1
When Mercer Advisors was founded in 1985, our first clients were dentists. Our long-term experience working with professionals like you is important to who we are and what we care about. That’s why our clients trust us with more than $59 billion in assets.2
I have experience providing dental professionals with financial planning and tax-advantaged strategies. Like many small business owners, I integrate their professional and personal needs to create a comprehensive plan for financial health and wealth.
The U.S. Dental Market is More than $133 Billion Today
The dental services market in the U.S. is expected to grow by more than 3% a year between 2023 and 2030, bringing the total market to more than $200 billion.
Source: Grand View Research, 2023
Financial Planning is a Collaborative Process
After working hard to get through dental school, the transition into the professional practice of promoting oral health and alleviating patient discomfort unveils another dimension — that of a small business owner. The reality is that you’re balancing being a practicing health professional and running a small business.
Mercer Advisors will collaborate with you to create a wealth management plan that aligns your personal goals, family goals, and the goals you have for your practice. Whether you’re early or advanced in your career and personal life, we have the experience to help.
-
How do you know who to trust or which advisor is the best fit? It is vital to find the right advisor for you and your practice.
We can help. Like you, our wealth advisors are educated, knowledgeable, and experienced in their field. Mercer Advisors will also provide end-to-end guidance from bookkeeping, payroll and accounting services to comprehensive tax planning, estate planning, and retirement plans for you and your employees.
While we give our clients the answers they need for their unique personal and professional objectives, we also ask a lot of questions to determine how we can best guide you toward your goals.
Some of the questions we ask the first time we speak with you to best understand your professional landscape include:
- Do you have an existing practice or are you a dental associate?
- If you have a practice, do you have a partner?
- Do you offer a 401(k) to your employees?
- Are you planning to buy a practice? Or sell your practice?
- Are you planning your retirement?
- Do you have a succession plan for your practice?
- Are you just out of school and want to start a practice?
Understanding your professional life is only a part of the equation. The key is an integrated approach that optimizes wealth accumulation in your professional and personal finances. We will discuss your investments, taxes, estate plans, insurance, and more to create a financial plan that will help ensure your family’s ongoing financial security.
Because we are living and working longer, having a solid financial plan is more critical than ever. According to the American Dental Association, the percentage of working U.S. dentists over the age 65 increased from 8.3% in 2003 to 15.8% in 2023. The average reported retirement age of Americans is 63 and climbing.
A customized and integrated financial plan takes time to build — the process involves education, history, facts, forecasting, trust, and flexibility. Your financial advisor should be trained and experienced in uncovering and understanding your situational needs, in addition to creating an investment strategy.
We started our firm almost 40 years ago by helping dentists. Our focus is on your success. Let’s work together on your personalized financial plan.
Dental Professionals are Well-Positioned to Accumulate Wealth
With less than a year of experience, dental professionals make an average salary above $100,000, while those with more than 20 years of experience make an average salary above $160,000.3
Source: Research.com, 2024
1 Mercer Global Advisors has a related insurance agency. Mercer Advisors Insurance Services, LLC (MAIS) is a wholly owned subsidiary of Mercer Advisors Inc. Employees of Mercer Global Advisors serve as officers of MAIS. MAIS provides individual life, disability, long term care coverage, and property and casualty coverage through various insurance companies. For Mercer Global Advisors clients who wish to purchase insurance products, MAIS has entered into a non-exclusive referral agreement with Strategic Partner(s), where the Strategic Partner will provide necessary services relative to the marketing, placement, and servicing of the insurance products, including without limitation preparing and presenting illustrations, supporting the underwriting process, assisting with the completion and execution of applications, delivering policies, and servicing in-force business. MAIS and the Strategic Partner will be listed as either “agents” or “co-agents” on the policies. While Mercer Global Advisors does not receive a referral fee, Strategic Partner receives a percentage of the commission revenue. MAIS and Strategic Partner do have a referral fee sharing agreement.
2 Company data as of February 29, 2024. “Client Assets” refers to client assets under management (AUM) and client asset under advisement (AUA) by both Mercer Global Advisors Inc. and Regis Acquisition Inc. Client Assets includes assets gained from recent acquisitions where the advisory agreements have been properly assigned to Mercer Global Advisors, but the custodial accounts have yet to be transferred and/or the accounts have yet to be migrated to Mercer Global Advisors’ portfolio management system. Mercer Global Advisors Inc. and Regis Acquisition Inc. are affiliated SEC registered investment advisers and deliver investment advisory and family office related services. Mercer Global Advisors Inc. and Regis Acquisition Inc. are subsidiaries of Mercer Advisors Inc., a parent company not involved with investment services.
3 Data from Research.com, 2024
