You’ve spent years building your expertise—whether as a physician, specialist, dentist, or clinic owner. You manage patient care, run a demanding practice, and stay on top of evolving regulations. But while your energy goes toward others, your own financial life can get pushed aside.
At Afshar & Machaalani Group Private Wealth Management, we work with healthcare professionals in Edmonton and across Alberta to turn complexity into clarity. From optimizing incorporation strategies to building retirement income without a pension, we help you make smart financial decisions that support your lifestyle today and protect your legacy tomorrow.
Structure and clarity for every stage of your career
Your financial journey looks different than most. You may have entered your peak earning years later. You face unique risk exposure. You likely have no employer pension. And you carry the responsibility of managing business income alongside personal goals.
We bring everything into focus with a personalized, fully integrated plan that adapts as your life and practice evolve. Our work goes far beyond investing—we coordinate tax, cash flow, incorporation, insurance, and estate planning into one cohesive strategy built around you.
Precision in complex financial decisions
Your time is limited. You’re managing overhead, patient care, staff, and compliance—leaving little room for financial strategy. We cut through the noise, offering a structured approach that covers:
- Tailored investment strategies with appropriate risk balance
- Practice income structuring for efficiency and flexibility
- Future-focused modelling for retirement, family support, or real estate
With us, your financial life gets the same level of care and precision you bring to your practice.
Tax efficiency that protects what you’ve earned
High income is a privilege—and a challenge. Without strategic planning, tax can quietly erode your wealth. At Afshar & Machaalani Group, tax strategy drives everything we do. We work with incorporated professionals and sole proprietors to keep more money in your hands by designing tax-efficient structures across every aspect of your financial life. Our strategies include:
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Incorporation advice
For eligible professionals, incorporation as a Canadian-Controlled Private Corporation (CCPC) unlocks lower corporate tax rates, income splitting, and enhanced long-term planning options.
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Income structuring
We balance salary, dividends, and retained earnings in a way that minimizes tax without compromising liquidity or future planning.
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Optimized deductions
From professional dues and education to clinic costs and insurance premiums, we help ensure no opportunity is missed.
Planning for retirement—when there’s no pension to fall back on
Without a defined benefit pension plan, retirement requires more deliberate planning. We help healthcare professionals create custom pension-like solutions that grow with you and deliver tax-efficient income when you’re ready to slow down—or shift gears.
We support retirement readiness with:
- Individual Pension Plans (IPPs) and Retirement Compensation Arrangements (RCAs) for incorporated professionals
- Tax-smart withdrawals from RRSPs, TFSAs, and non-registered accounts
- Corporate investment strategies to grow retained earnings without disrupting your business
Whether your goal is early retirement, part-time consulting, or scaling back gradually, we model real scenarios so you can move forward with clarity and control.
Advice that evolves with your career
From medical school debt to your first practice…from clinic expansion to your final day seeing patients—our relationship grows with you. We’re your partner in long-term financial well-being, offering proactive, structured advice at every stage.
We work closely with your accountant, legal advisors, and family to ensure every aspect of your financial life stays aligned. You shouldn’t have to manage the details alone—and with Afshar & Machaalani Group, you won’t.
