SanteWealth Wealthcare for healthcare professionals
Discover a coordinated approach to corporate wealth, tax-efficient planning, practice protection, and retirement.
A confidential conversation about your practice, priorities and financial goals.
01 / The decisions behind the success
A Medical Professional Corporation can offer planning opportunities. But incorporating is only one step. How you access earnings, protect your income and prepare for retirement deserves equal attention.
01 / Corporate earnings
Retained earnings may create opportunities for investment and future planning, but deciding when and how to use those funds can have significant tax and cash-flow implications.
02 / Tax considerations
Depending on the nature and amount of passive investment income, your corporation’s access to the small-business deduction may be reduced.
03 / Income & continuity
Disability or serious illness can interrupt clinical income while staff salaries, rent, equipment expenses and family obligations continue.
04 / Life after practice
Building corporate wealth is one challenge. Turning it into retirement income, while considering tax, liquidity and estate priorities, is another.
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The missing piece may be coordination.
You may have an accountant, an insurance adviser and an investment professional, yet still lack one strategy connecting your practice, personal finances and long-term goals.
02 / A plan that sees the whole picture
Your financial life doesn’t exist in separate compartments. Your practice, corporation, family, retirement and estate are connected. Your financial strategy should be too.
SanteWealth brings corporate wealth planning, business protection, retirement strategies and professional advisory coordination into one personalized financial roadmap, working with your existing tax, legal, investment and insurance professionals.
Review how retained earnings, investments and compensation decisions fit into your broader financial plan.
Explore wealth planningEvaluate potential gaps in key-person, disability, critical illness and business overhead coverage.
Explore business protectionCoordinate long-term accumulation, liquidity and retirement income options with your corporate and personal needs.
Explore retirement planningConsider estate liquidity, practice succession, family wealth transfer and charitable giving objectives.
Explore estate planningSanteWealth is a planning framework that helps determine which approaches may be appropriate for your circumstances. Any insurance recommendation follows that assessment.
03 / A closer look at corporate wealth
Some of the most important financial decisions for incorporated physicians happen outside the clinic.
Corporate tax planning insight
A Canadian-controlled private corporation may have its federal small-business limit reduced when adjusted aggregate investment income across the corporation and its associated corporations exceeds $50,000.
Explore this simplified illustration for a corporation otherwise eligible for the full $500,000 federal limit.
A reason to review, not a reason to rush.
The right response depends on your practice’s income, cash needs and wider plan. Your accountant remains central to the conversation.
The federal small-business limit
Illustration onlyMove the slider or use your arrow keys to explore an example.
Illustrative federal limit reduction
$125,000
Illustrative remaining federal limit
$375,000
This educational illustration uses the standard federal $500,000 base and assumes no other business-limit reductions. It is not an estimate of additional tax payable. Actual results depend on adjusted aggregate investment income, associated corporations, applicable tax years and other rules. Consult your tax professional.
Source: Canada Revenue Agency · Passive income business limit reductionSanteWealth helps coordinate the evaluation of financial planning approaches that may include these options.
All solutions are subject to eligibility, product terms, suitability assessment, professional review and applicable legislation. No financial, tax or lending outcome is guaranteed.
Potential long-term protection, estate liquidity and tax-advantaged policy accumulation, subject to policy design and applicable rules.
Corporate-owned life insuranceExplore potential access to capital through policy-backed arrangements, where suitable and subject to lending approval and tax considerations. Borrowing creates interest costs and repayment obligations; changes in rates or policy values can affect the strategy.
Retirement planningEvaluate business protection and potential return-of-premium features under properly documented structures, with independent tax and legal review.
Critical illness insuranceAddress personal income needs and eligible continuing business expenses during covered interruptions. Coverage depends on the policy’s definitions, waiting periods and exclusions.
Disability protectionCoordinate wealth transfer, buy-sell funding, estate liquidity and planned giving with the appropriate professionals.
Business succession planning04 / Wherever you are in medicine
Whether you’re establishing your career, managing an incorporated practice or thinking about life beyond medicine, SanteWealth helps you identify the decisions that deserve attention.
Your practice is established. Your corporation is accumulating earnings. Now you need a coordinated approach to corporate wealth, taxation and financial protection.
Put corporate wealth in context
You’re responsible for more than patients. Protecting operating expenses, practice continuity and succession matters too.
Care for the business behind the care
Building a medical career in Canada brings distinct financial considerations, from incorporation and income planning to foreign assets and long-term security.
Build your financial foundation in Canada
You’ve worked hard to build your career and assets. It’s time to consider retirement income, estate liquidity, succession and the wealth you hope to pass on.
Make room for your next chapter
Not incorporated yet? SanteWealth can help coordinate conversations about whether incorporation and related planning approaches warrant consideration with your legal and tax advisers. Other healthcare professionals are welcome where the service fits their circumstances.
05 / Understanding before recommendations
A medical diagnosis begins with understanding the full picture. We believe financial planning deserves the same level of care.
Our process begins with your circumstances.
We discuss your financial goals, corporate structure, cash flow, retained earnings, existing protection, retirement priorities and potential areas of concern.
We assess areas for further review, including corporate tax considerations, practice continuity, income protection, estate liquidity and retirement needs.
We work alongside your accountant, lawyer, investment specialist and other relevant advisers to evaluate suitable planning alternatives.
Following professional review and your approval, appropriate solutions can be implemented and revisited as your career, family and financial circumstances evolve.
SanteWealth complements the relationships you’ve already built with your accountant, lawyer and other advisers. CenterPointe helps coordinate the planning process so decisions can be considered in context.
Meet the CenterPointe teamDiscuss the adviser’s applicable licences, scope of service and professional affiliations during your assessment. Read our legal and regulatory disclosures.
A few questions, answered
A clearer starting point for your SanteWealth conversation.
SanteWealth by CenterPointe Financial Center is a coordinated financial planning framework for physicians and healthcare professionals. It connects corporate wealth, practice and income protection, retirement, and estate priorities with input from your tax, legal, investment and insurance professionals.
No. SanteWealth also welcomes physicians preparing to incorporate, newcomer physicians and other healthcare professionals whose circumstances are suitable. We can help coordinate conversations about whether incorporation warrants consideration with your legal and tax advisers.
Yes. For an otherwise eligible Canadian-controlled private corporation, adjusted aggregate investment income above $50,000 across the corporation and its associated corporations can reduce the federal small-business limit. With a full $500,000 starting limit, the passive-income reduction reaches that full limit at $150,000. A reduced limit is not itself additional tax payable. Your tax professional should assess the applicable rules and your circumstances.
SanteWealth can help review personal disability coverage and business overhead protection alongside your existing arrangements. Benefits depend on eligibility, underwriting, policy definitions, waiting periods, limits and exclusions. Coverage and payment of a claim are not guaranteed.
No. Your trusted professionals remain part of the conversation. CenterPointe helps coordinate financial planning with your accountant, lawyer and other advisers, who continue to provide advice within their professional roles.
We begin with a confidential conversation about your practice, corporate structure, financial priorities, existing protection and retirement goals. Together, we identify areas that may warrant closer attention and discuss how a coordinated financial roadmap could support you. Any recommendation depends on further review of your circumstances.
06 / Give your future a place in your calendar
You don’t need to make every financial decision alone.
Whether you’re concerned about retained corporate earnings, protecting your practice, preparing for retirement or transferring wealth to your family, the first step is understanding where you stand today.
We’ll discuss your priorities, review areas that may warrant closer attention and explain how coordinated planning could support your goals.
Prefer to speak with us? Call (613) 400-2952.
