The professional practice, whether a single practitioner or multiple partners, presents a unique set of challenges and opportunities.  Many of the solutions applicable to ConcentrixBusiness clients are also applicable here.  A professional practice is, after all, as much a business as other enterprises – but with some unique issue:

Many professional practices are experiencing:

• a narrowing of the gap between costs and fees
• a continually growing fear of lawsuits
• an increasing tax burden
• less cohesiveness among partners as financial pressures on individual partners grow. 

Surveys clearly show that professionals in many fields, including even the most affluent, consider themselves to be financially fragile and fearful of losing their wealth.

Concentrix wealth advisory services to professionals
today often focus on:

• malpractice litigation protection
• integrated use of trusts and insurance
• factoring/accounts receivable financing
• qualified personal residence trusts
• creative benefits planning and compensation strategies to strengthen professional partnerships
• gifting strategies
• thorough tax planning, entity structuring and liability protection for group ownership of real estate or specialized equipment
• retirement income distribution planning
• practice sale or transfer
• asset protection stretegies

… as well as traditional wealth management and legacy planning services.

The unique Concentrix planning process uncovers and brings into the light your core concerns so they can be addressed with clarity.  We know professional practices.  We have extensive experience successfully addressing your concerns.

ConcentrixProfessionals will work with your Inner Circle of advisors to ensure the future is secure for you and your family… so you can focus on the reason you became a professional – to make a difference in helping others.

For a no-obligation discussion of your needs, call 609-653-1220 Ext. 101, e-mail us or simply complete our brief Contact Form.