Your dedication to patients and staying current with medical advancements leaves little time to focus on your own financial well-being. At Mastroianni & Associates Private Wealth Management, we understand the unique challenges doctors, dentists, and other specialists face. As trusted guides in wealth management, our team creates strategies that help you balance the demands of your profession with your long-term financial security. We know that unlike many salaried employees, healthcare professionals often don’t have employer pensions. That’s why we design wealth management strategies that turn today’s income into tomorrow’s financial independence.
Clarity in complex choices
The decisions you face can feel overwhelming—whether it’s structuring your practice, expanding your clinic, or investing surplus income. As specialists in high-net-worth wealth management, we provide clear financial planning so you can focus on patients without second-guessing your financial future. Our advisors collaborate directly with accountants and lawyers, asking the right questions and ensuring no details are missed. Clients often tell us how reassuring it is to have a financial team that sits at the same table as their other professionals. This proactive collaboration means your decisions aren’t made in isolation—they’re part of a well-coordinated plan that builds confidence and security.
Maximizing tax efficiency
Healthcare professionals often face complex tax burdens, especially when operating as sole proprietors or incorporated practices. Our approach focuses on strategies that keep more of your income working for you. This includes incorporation advice, where we explore the benefits of Canadian Controlled Private Corporations for tax deferral and income splitting. We also ensure deductions and credits are optimized—covering office expenses, professional dues, and continuing education. By developing compensation strategies that balance salary and dividends, we ensure your income structure is efficient and sustainable. This is wealth management at its most practical—keeping your practice running smoothly while protecting your personal wealth.
Planning for retirement without a pension
Healthcare specialists earn high incomes but rarely have pension benefits. Our role is to fill that gap with retirement strategies that deliver predictable, tax-efficient income. We design personal pension plans like Individual Pension Plans (IPPs) or Retirement Compensation Arrangements (RCAs). We also guide you in using corporate surplus to build diversified investment portfolios. When it comes time to retire, our advisors structure withdrawals from RRSPs, TFSAs, and non-registered accounts to minimize taxes and extend the life of your savings. For high-net-worth clients, corporate-owned permanent life insurance offers a powerful tool for retirement and legacy planning—adding stability, liquidity, and tax-smart growth.
Wealth management for healthcare professionals
Our wealth management services extend beyond investments and taxes. We integrate insurance planning to protect your practice and family, estate planning to ensure smooth transitions, and charitable giving strategies that align with your values. Many healthcare professionals also face cross-border considerations or succession planning for a family practice—areas where our proactive, detail-oriented approach provides clarity. With over 20 years of experience serving Windsor and southwestern Ontario, we’ve built deep trust with clients who value responsive advice and long-term relationships. Clients often describe working with Maurizio and the team as “like family,” with every recommendation explained clearly and tailored to their situation.