Episode Summary
In this episode, Ron Haik, Wealth Advisor | Client Relationship Manager at Nicola Wealth, is joined by Karisa Schaitel, Wealth Advisor | Client Relationship Manager and CPA, for a practical discussion on tax planning, estate considerations, and long-term wealth strategy for physicians and dentists.
Drawing on their experience advising owner-managed professional corporations across Canada, they explore how financial decisions evolve over the life of a practice, and why proactive, coordinated planning matters.
The conversation covers common planning gaps, the risks of siloed advice, cash flow management for growing practices, and the unique considerations around practice ownership, regulatory environments, and exit strategies. They also discuss how early planning can expand options later, from leveraging small business tax advantages to preparing for a tax-efficient sale and retirement transition.
For medical and dental professionals seeking clarity on how to align their corporate structure, personal goals, and long-term wealth plan, this episode offers a grounded, holistic perspective on building flexibility and protecting it at every stage of the journey.
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Disclaimer
This material contains the current opinions of the author, and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Any mention of third-party products, services, or organizations on the podcast is for informational purposes only and does not constitute an endorsement or recommendation. At the time of February 19th 2026, the following securities are held by Nicola Wealth: Amazon, Microsoft, Google, Meta, TSMC, Samsung, & SK Hynix. Mention of these securities is not a recommendation to buy or sell. Nicola Wealth Management Ltd. (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions. All investments contain risk and may gain or lose value. Please speak to your Nicola Wealth advisor for advice based on your unique circumstances.
