Shows
Hey Docs!Empowering Women in Wealth Management with Brittany Frazier from Cain Watters"We do not want to try to time the market." Connect With Our SponsorsGreyFinch - https://greyfinch.com/jillallen/A-Dec - https://www.a-dec.com/orthodonticsSmileSuite - http://getsmilesuite.com/ Summary In this conversation, Jill and Brittany Frazier discuss the importance of financial planning, particularly for women, and the implications of the upcoming wealth transfer. Brittany shares insights on gender differences in financial decision-making and investment strategies, emphasizing the need for financial literacy and education. They exp...2025-07-0341 min
Accumulating WealthMore Than Just a Business (Live from CWA Annual Meeting)Is it possible to manage a profitable business while still answering your philanthropic calling to impact the world? The guys bring on CWA founder Darrell Cain and Dr. Ryan Shinska of Hope Smiles to share their experiences with using their skillsets to give back to their communities and make a difference in the lives of those around them. This episode was recorded live at the 32nd Annual Meeting with business owners in attendance. LINKS Hope Smiles 3to1 Foundation 2024-03-0532 min
Dental Acquisition UnscriptedCain Watters Accounting & Financial Services for a Dental TransitionSince 1984, CWA has provided dental professionals with financial education and comprehensive financial services. A trusted name in the industry, we work with thousands of dentists and dental practice owners in all 50 states.Cain Watters Reports: All specialties: https://www.cainwatters.com/hdydpc-contact/ Pedo deep dive: https://www.cainwatters.com/pediatric-comparison-report/ Ortho deep dive: https://www.cainwatters.com/ortho-comparison-report-form-page/00:00 Intro 00:41 Episode Intro 1:48 Cain Watters 5:11 What do Advisors do for You? 7:10 What is the "Dental Tax" & Is it worth it? 9:45 Hiring Accounting Services After Purch...2023-10-1246 min
Accumulating WealthThe Cost of Insurance When it comes to what insurance your dental practice accepts, this is often a massive decision that must consider the demographics of patients in your area. The plans you accept can either help attract new patients or cost you others. Not to mention, most doctors avoid looking at insurance's impact on the practice, so this week, the guys break down the criteria on what practice owners should examine in terms of reimbursements and the insurance offerings of your practice. LINKS: cainwatters.com Submit a Question Facebook | YouTube2023-07-2521 min
Accumulating WealthSecure Act 2.0 Incentives and PenaltiesYou've heard time and time again that the Secure Act 2.0 brought major reform to longstanding retirement planning, and with the help of a special guest, the guys will tie a bow on this miniseries. This week, they're also discussing a valuable vehicle for college savings, new challenges with estate planning, and the new required minimum distribution age extension and penalties. LINKS: cainwatters.com Submit a Question Facebook | YouTube2023-07-1819 min
Accumulating WealthCatch Up for RetirementWould you like ketchup with that? The Secure Act 2.0 pours on the opportunities to increase Americans' financial readiness for retirement, and with that comes higher catch-up contributions indexed for inflation. For high-income earners, even bigger changes with a new “rothification" rule. Adding to the list, SIMPLE and SEP IRAs have new Roth options available, and the guys are here to clarify it all. Lastly, have you heard of lost 401(k) accounts? The guys are here to hunt them down with you in the latest episode. LINKS: cainwatters.com Submit a Question Facebo...2023-07-1219 min
Accumulating WealthSECURE Your RetirementIf someone mentioned that the Setting Every Community Up for Retirement Enhancement (SECURE) Act could help your business, it might sound like just another ridiculous sales pitch. However, this piece of legislation is here to stay. With the help of a special guest, the guys discuss how its provisions aren't just for individuals seeking to boost their nest eggs and actually contain many changes for business owners. Tune into the episode to learn how the provisions are designed to increase savings, lower employers' cost of offering and funding, and, most importantly, the dates on any action items. ...2023-07-0427 min
Accumulating WealthCan You Handle the Heat?For the guys, Beyonce, Fed rate hikes, tax refunds, and college savings are all on the list of topics this week. When it comes to saving for tomorrow and the next 25 years, it can be tricky to know which account deserves your undivided attention. The guys dish on which accounts need a little extra love to fuel the future you’ve dreamed of. And when it comes to the tax refund you’re waiting to get back, the guys discuss the steps you can take to make that extra money work for you. LINKS: cainwatters.com2023-06-2715 min
Accumulating WealthA Mortgage Made in HeavenShopping for a house in today’s high-interest environment seems like a competitive sport, and you’re not alone. Many housing factors are sounding the alarm, but the guy’s thoughts on whether to buy now may surprise you. To close out the episode, they also expand on employees working out of state and whether IndexGPT, the A.I. stock picker, could be the next trend or fad. LINKS: cainwatters.com Submit a Question Facebook | YouTube2023-06-2022 min
Accumulating WealthDuration, Diversification and Denny’s In 2021, the S&P 500 was at all-time closing highs, 2022 delivered the worst returns since the global financial crisis, and now the bulls are running wild this year. The S&P 500 has seemingly bounced back substantially, but could this actually distract investors from the bigger picture? LINKS: cainwatters.com Submit a Question Facebook | YouTube2023-06-1321 min
Accumulating WealthA Competitive Analysis for Your PracticeIf there’s one thing dental practice owners have, it’s tenacity for their practice to succeed. And knowing where your averages lie compared to your neighbor down the street is imperative for growth and goal-setting. That’s why today’s episode goes inside our most comprehensive report of the year, which looks at average overhead, collections, staff salaries, and more for 7 dental specialties of various sizes. Follow along by downloading the new How Does Your Practice Compare? Report, at cainwatters.com/hdypc. LINKS: How Does Your Practice Compare? Report cainwatters.com Submit...2023-06-0524 min
Accumulating WealthSurprise, AI Can't Pass This TestChatGPT has undoubtedly taken the world by storm, but it's no match for super CPAs like Hunter and Judson. And while we certainly can't predict the future, we can prepare for it. Total household debt hit a record high at $17 trillion, and credit card debt delinquency rose to 4.5%, and those things can hit practice owners right where it hurts: collections. And finally, the IRS has dropped the 2024 HSA contribution limits, and the guys remind you of this vehicle's often-overlooked investment and tax planning benefits. LINKS: cainwatters.com Submit a Q...2023-05-2320 min
Accumulating WealthCould AI Flag an IRS Audit?This episode is jam-packed with topics surrounding IRS AI bots, whether cash investments in a recession are an avenue for you, and those looming repayments on student loans. But first, did you know that $600 billion in taxes will go uncollected each year because the IRS needs more people and technology? The guys give their take on all of this and conduct a 5-month practice checklist to analyze your business financials and identify room for improvement. LINKS: Orthodontic Comparison Report Pediatric Comparison Report cainwatters.com Submit a Question ...2023-05-1021 min
Accumulating WealthLittle Teeth, Big Production There was an astounding amount of production growth in 2022 for pediatric dental practice owners, and this special edition episode goes beyond the numbers in the NEW Pediatric Practice Comparison Report. With the help of a special guest, the guys are digging into how pediatric dentists' production per chair and per patient took off, where the average overhead remains, and how much they're really willing to spend on staff salaries. Listen and learn how these industry trends go side by side in all specialties. LINKS: Pediatric Comparison Report cainwatters.com Submit a Q...2023-05-0121 min
Accumulating WealthThe Daily Cost of RetirementWould you believe us if we told you the average American retiree spends an hour grooming daily with the remaining time spent sleeping or leisurely? So, after all those years spent saving for your retirement dream, where does your money actually go? In this new episode, the guys dish on the lifestyle of an average retiree and how time and social security actually impact it. Plus, they evaluate the latest CPI report and if the economy is responding as it should. LINKS: cainwatters.com Submit a Question Facebook | YouTube2023-04-2521 min
Accumulating WealthAnother Tax Day, Another Scam In honor of Tax Day, the guys discuss extensions and explain why if you’ve already received your tax return this year, it may be looking lower than normal. Lastly, the IRS wrapped up its final entries to the annual Dirty Dozen List, which includes sophisticated schemes targeted toward high-income taxpayers, and the guys are here to recap it all. LINKS: View the complete 2023 IRS Dirty Dozen List cainwatters.com Submit a Question Facebook | YouTube2023-04-1822 min
Accumulating WealthWhen Tax Scams Get DirtyThe IRS has released its annual list of the worst of the worst tax scams, and the guys are here to break it down. Some items are new to the list, while others are repeat offenders; either way, the guys urge taxpayers, businesses and tax professionals to watch out for these scams throughout the year, not just tax season. LINKS: S&P 500 Chart cainwatters.com Submit a Question Facebook | Youtube2023-04-1122 min
Accumulating WealthLet's Get This Straight: Ortho TrendsIn this special edition episode, the guys explore the NEW Orthodontic Practice Comparison Report in-depth. Tracking 10 years of data, they identify industry trends that go side by side in all specialties. They analyze whether practice collections are growing, review the latest average staff salaries, and detail the sensitivities around raising fees. These different data points provide insight into where the orthodontic industry is heading and ways to use this report in your practice.2023-04-0334 min
Accumulating WealthCould SVB Happen to Your Bank? Could SVB’s breakdown cause a ripple effect that slows down the economy? With tightened market conditions already in place, investors are wondering if cash in the banking system is safe or if it’s sending smoke signals for a bank run. The guys are diving into this along with FDIC-insured deposit limits you might want to jot down and the Fed’s latest, surprising rate hike.2023-03-2822 min
Accumulating WealthPutting Market Madness in Perspective In this episode, the guys are unleashing all that’s been on their minds lately regarding the financial markets. They discuss how Silicon Valley's latest bank crisis is rattling America's largest banks and spooking investors. Plus, their favorite Ponzi schemes and how not to fall victim to "liquidity traps" like this during volatile economic times. 2023-03-2219 min
Accumulating WealthThe Nitty Gritty on Practice Transitions (LIVE from CWA Annual Meeting) This special episode was filmed at the 31st Annual Meeting with business owners in attendance. It is centered around the million-dollar question every practice owner likely has, “what is my practice worth?” And while that answer is multifaceted, NDP Partners Christy Ratcliff and Charles Loretto join in to offer their perspective on trends they’re seeing throughout thousands of practice valuations and the criteria needed to build up the value of your practice.2023-03-1530 min
Accumulating WealthIf Your Advisor Said to Jump... Would You?Every detail in your financial plan matters, which is why trust in your advisor is just as important as the financial performance. Because client/advisor relationships are so complex, the guys describe their approach to aid clients in making decisions that balance their emotional and social needs without sacrificing the ultimate financial goal.2023-03-0819 min
Accumulating WealthIn the Blink of an Eye, CPI is Down The guys have some good news and not-so-good news. This episode, the guys are covering a plethora of tax topics: a recent tax court case that may affect work automobile audits, CPI print numbers, reporting taxes on cash apps and where to begin searching for an associate doctor.2023-02-2119 min
Accumulating WealthHey ETF, It’s Your Birthday!What is an exchange-traded fund (ETF), and why does it actually matter? This week, the guys are putting ETFs and index funds under the microscope. They talk through the tax stipulations, availability and noteworthy differences they could have in your portfolio. Plus, what could a newly appointed IRS commissioner mean for future audits? And is there any truth to International Monetary Fund (IMF) chief economist's recent global economy comments? 2023-02-1517 min
Accumulating WealthThe Super Bowl and The Stock Market What does the Super Bowl have to do with the stock market? Historically speaking, there may be a correlation between the two. Judson and Hunter look into other variables they anticipate will affect listeners most this year; proper banking flow, interest rate stabilization, market normalcy, and discuss if it’s true that some Americans would give up their annual bonus to see their team win the Super Bowl.2023-02-0823 min
Accumulating WealthThe Good News About Bonds, CPIs and…EggsYear-end results for the aggregate bond index ended big and scary. And even though CPI is down, we still are not feeling it yet, and prices at the stores are on the rise. Is there good news ahead for bonds and consumer prices in 2023? The guys answer the ‘why’ and expand on where they see opportunities ahead. They also review key changes in the SECURE Act 2.0 and why the new law has something for everyone’s retirement savings.2023-02-0230 min
Accumulating WealthThe Financial Whole 30For two and a half years, stimulus dollars granted you some extra spending monies and, chances are, resulted in easing up on what’s all going out the door. This year things have changed and there’s no better time than now to regain control of your spending and get your expenses back in line. The guys close out the season by evaluating the areas within your practice you should heavily monitor to help you prepare for whatever this year has in store. 2023-01-3125 min
Accumulating WealthIs DSO FOMO Getting to You?Although it feels like more, corporate-owned practices make up only 10-15% of the total dental practice marketplace. While the high multiples and flexibility are appealing, not every practice has a model that’s compatible. NDP’s Christy Ratcliff is back in the studio to go over the type of practice a public sale may be right and wrong for and her view of the impact FOMO has had on practice owners' personal and professional goals.2023-01-2421 min
Accumulating WealthInterest Rates Impact on Private SalesA volatile 2022 is behind us, but with interest rates on the rise, many dental practice buyers and sellers are feeling conflicted with transition plans. NDP and 7Pillars Partner Christy Ratcliff joins the guys to discuss what she’s seeing in both private and DSO practice sales and how that could evolve in 2023.2023-01-1723 min
Accumulating WealthThe IRS Says You Can Save More This YearYou can now save more in your 401(k) and IRA this year, but given the down market, is now really the time to increase your retirement contributions? The guys ring in the new year by reviewing if your savings strategies should change in response to the updated 2023 contribution limits.2023-01-1021 min
Accumulating WealthSeason 23 Ep. 4: Right-Size Your 2023 PlanAfter living large on market returns, low interest rates and stimulus the past few years, 2022 dropped in to bring us back down to earth. Yesterday’s problems seem here to stay, which means it’s time to right-size your lifestyle for the new year. In this episode, the guys help you leverage some of the upsides from 2022 to get a head start on a 2023 plan that will not only bring you peace of mind but will help you stay on track to meeting your long-term goals2022-12-2817 min
Accumulating WealthInflating Staff WagesAbout 52% of decision makers within dental offices intended to focus on patient engagement in 2022, but maintaining this goal was more difficult than expected. The guys take a look back on those ever-increasing staff wages, the debate of raising fees and setting budgets, and the possible ‘new normal’ we may expect in 2023.2022-12-2118 min
Accumulating WealthGlobal Polarization Is Playing With Your PortfolioDomestic and global polarization is at an all-time high, and it’s impacting more than just your dinner conversations. The guys discuss the strength of the U.S. Dollar, onshoring implications, and the potential impact the midterm shift in power may have on energy, oil, and taxes.2022-12-1320 min
Accumulating WealthWhen the Market Crashes What Really Matters?2022 brought a shakeup in the stock and bond market leaving investors feeling like they had nowhere to hide. The guys analyze the year from the beginning, make sense of the mania surrounding the market headlines and offer some guidance on how to approach it all in 2023.2022-12-0621 min
Accumulating WealthLast Minute Tax Savings StrategiesWe’ve made an end-of-year tax savings checklist and now it’s time to check it twice. Hunter and Judson take into consideration the changing economic landscape, business projections, and if you’ve been naughty or nice, as they walk you through these helpful tax-saving strategy tips. It’s not too late, listen in to ensure your money is working for you as some changes may be necessary to take advantage of before Dec. 31, 2022. For a full list of tax considerations, click here. 2022-11-2220 min
Accumulating WealthCaring For Your Aging Parents with Darrell CainCaring for aging parents is a compassionate but often trying commitment. Already an emotional ride, add the financial component and family dynamics into the mix, and you’ve got the recipe for a bumpy ride. Founder Darrell Cain advises on initiating important conversations with family, reducing the risk of manipulation, and exploring your resources and options, all while examining your own financial bandwidth.2022-11-1526 min
Accumulating WealthWelcome to the Real World, Kid with Dr. Earle SullivanThe cost of life seems to take many college graduates by surprise. One way to avoid the crash and burn? Prepare your kids early to fully understand the role money plays in our everyday lives. Special guest, Dr. Earle Sullivan shares his experience raising his three adult children and the lessons that packed the most punch. He’ll admit, it didn’t all come from inside the home, many of the influential lessons came from fellow colleagues, friends and seminars. 2022-11-0825 min
Accumulating WealthYour College Kid Can Manage Their Own Finances (Probably) With Dan WickerCWA Partner and CPA Dan Wicker has instilled good financial values in his adult children...right? When his kids went off to college, he had to face what every parent eventually does: watching his children manage their own time and money, hoping they learned and absorbed what he had tried to teach them their whole life. In this episode, he talks about what every parent can do to set up their children for success early in life.2022-10-2626 min
Accumulating WealthFinancial Wisdom for the Next Generation with Drs. Ryan and Tiffany HarrisOver the years, you face competing demands on your time and financial resources from children, aging parents, dependents and loved ones in your life. In this episode, the guys talk with Drs. Ryan and Tiffany Harris on what it’s like to juggle a successful practice, activism within their community, and, most importantly, teaching their four children the values of money, from everyday transactions to long-term investments.2022-10-1933 min
Accumulating WealthWhat We Learned From the Great RecessionIn today’s episode, CWA Partner Tim Greaves recalls the ’08 recession and answers the question: “are we safer today than we were many years ago?” While no two downturns are quite the same, the guys talk about lessons learned and hash out the best measures you can take to prepare for a potentially bumpy ride.2022-10-1124 min
Accumulating WealthSeason 21 Ep. 3: Recession-Proof Your PracticeWith the threat of a real recession looming, it’s time to make some serious business decisions. The initiatives you put on hold during the pandemic may need to be brought back to life. In this episode, Judson and Hunter discuss the things you can do to help you put your best foot forward during tough economic times. 2022-10-0520 min
Accumulating WealthIs Volatility a Misdirection or Redirection?The guys are back to calm seasoned and new investors on the market volatility fears. While it is scary, embracing it could be an opportunity for profit, whether you are a retiree who is concerned on when to pull from investments or the newbie who may be allowing emotion to dictate their investment behavior.2022-09-2721 min
Accumulating WealthExpecting the Unexpected: Preparing for a RecessionThis season starts on a high note—the 100th episode! Today they look at what elements of your personal and business plan you should get in order to breathe easier if adverse economic times hit sooner than expected. Additionally, they list out resources to have in place for the next 12-24 months.2022-09-2025 min
Accumulating WealthTime’s Up on Time ManagementThe day of a practice owner doesn’t end when the last patient walks out the door. How are you keeping up with the items on your business owner to-do list? Trying to manage it all often comes with one big headache, and likely even some things pushed to the back burner. Listen in as the guys advise on how to best allocate you and your team’s time.2022-09-0618 min
Accumulating WealthHiring for Long-Term SuccessClinical education and training does not always translate to preparation for owning a business. Especially when it comes to managing people. Hunter, Judson and guest Paul Edwards with CEDR Solutions is here to change that by sharing how owners can leverage an HR strategy to help build a team for the long-term.2022-08-3131 min
Accumulating WealthDoes Accepting Insurance Benefit Your Practice?At some point, you’ve likely battled PPO insurance reimbursement rates in your practice. While there’s no one-size-fits-all answer, the decision to leverage insurance carriers or go fee-for-service only in your practice can impact your business for years ahead. The guys discuss the advantages and disadvantages on your options, from accepting insurances, dropping insurances and everything in between.2022-08-2523 min
Accumulating WealthWhat Your Financial Statements Say About Your PracticeKeeping a handle on your financial statements is essential to your business’ financial plan. This means more than simply reviewing them once a quarter, as inaccurately tracking profit, losses, expenses and more all pose risks to your practice. The guys get to the point on how to leverage these tools to measure the health of your practice.2022-08-1718 min
Accumulating WealthPut Your Practice Vision in ActionRedefining your practice vision and goals each year may sound like one more thing to add to your to-do list, but this could be the key to staying ahead of the rising tide of competition. Whether you’re seeking to double revenue, increase new patients or expand, setting a concept or vision of what you want your business and career to look like in the future makes all the difference in the ability to influence patients to value your services.2022-08-0919 min
Accumulating WealthWhen to Hold ‘Em and When to Fold ‘EmYou’ve probably heard the saying ‘the stock market isn’t the economy,’ but how is a volatile market not a sign of a weak economy? Chartered Financial Analyst (CFA) and Tectonic Advising Manager Brad Sanders is here to address common concerns investors have due to the market turmoil. He explains the weaknesses in pockets of the economy and shares ways investors can ease fears and look toward positive signs on the horizon. 2022-08-0228 min
Accumulating WealthThe Light at the End of the Inflation TunnelAs inflation lingers, so does the possibility of a recession. Is there a light at the end of the tunnel? Interest rate hikes can decrease inflation by making it more expensive for consumers to borrow money. Couple that with a growing economy, and rising rates can actually be a step in the right direction. The guys define the three main drivers of inflation and how to position yourself and your portfolio to come out on the other side.2022-07-2621 min
Accumulating WealthCountering Inflation’s Impact on Your SavingsThe guys answer the number one question they’ve received recently from clients, “I have all this cash but I feel like I’m losing purchasing power by the day with where inflation is heading. What should I do?” There’s no one-size-fits-all answer, but the guys advise on ways to preserve your purchasing power and put your personal and business money to work for the long haul.2022-07-1914 min
Accumulating WealthThe Role Interest Rates Play on Your DebtRising interest rates can make a big impact on your business and personal debt when you consider that a half percentage point could change the payoff date by years. So, how do you stay afloat in an inflationary environment? The guys advise on proper management on different types of debt, advancing your purchasing power during volatile times and the secret to leveraging the best inflation hedge.2022-07-1217 min
Brews and Tiny Teeth, The Unfiltered Pediatric Dentistry PodcastTaxes 101, with Scott Clynch CPA of Cain WattersToday's episode is all about taxes. As pediatric dentists, we have tax issues, and dental school doesn't give us the foundational knowledge we need to understand how taxes work and how to play the game.
Scott Clynch is a CPA and personal financial planner at Cain Watters. He joins us today to talk about how taxes work. We start big picture with basic concepts and definitions, and then walk through how taxes work at each career stage that a typical pediatric dentist goes through. Some things we talk about:
- Marginalized vs effective tax rate, d...2022-07-121h 11
Accumulating WealthRising Interest Rate’s Impact on Your InvestmentsThe U.S. economy can be hard to predict in today’s environment but understanding the Fed’s history can help investors make sense of the spike in interest rates. Hunter and Judson start with the basics, dissecting the state of the market through the effects of inflation on investments in this episode.2022-07-0513 min
Accumulating WealthRedesigning Your Dental Office is Worth ItDr. Geoffrey Gamache quickly found his hands full when he bought his New York dental practice. When he decided it was time to invest in expanding his office space, he didn’t quite know the amount of work he was undertaking. He walks through the process of expanding his practice by more than 5,000 sq. ft. and the importance of preparing yourself and your staff for the drastic change.2022-06-0223 min
Accumulating WealthFinancing Your New or Growing Dental PracticeGetting a dental practice loan or financing new equipment can be an obstacle for dentists, but you have options. Listen in as Judson and Hunter talk through selecting a conventional or SBA loan. Ultimately, whatever option you choose can be the determining factor on the size and price of your practice.2022-05-2421 min
Accumulating WealthDesigning Your Dental SpaceWhen it comes to designing your dental practice, is it going to cost $1 million or $10 million? The interior design of your space can either make or break the aesthetics and also, sometimes, the budget. Licensed Interior Designer Melissa Sprau discusses how creating a "finish narrative" early in the process can actually help you save money in the long run. 2022-05-1728 min
Accumulating WealthTo Buy or Lease Your Dental PracticeWith real estate costs skyrocketing across the country, dental practice owners need to choose whether to buy or lease their space wisely. There are caveats to consider like available cash, time horizon, demographics of the area and more. The guys walk through different scenarios to shed light on which may be right for you. 2022-05-1021 min
Accumulating WealthThe Right Time to Expand Your Dental PracticeWhen day in and day out, your dental office is crowded with patients, staff and equipment you may be considering if it’s the right time to expand your office. With over 30-years of practicing dentistry and experience in buying and selling practices, Dr. Jim Clark joins the podcast to discuss the exploration process and how to evaluate your current and future real estate needs.2022-05-0322 min
Accumulating WealthA Healthy Disruption in Your PracticeIn a highly competitive climate, it’s hard to be an expert in all aspects of the dental practice while still possessing a clinical competitive edge. Dr. Moody Alexander joins the podcast to relive the story of letting go and putting his blinders on by trusting a dental consultant for the long haul. He advises on accepting fresh ideas without overworking yourself and most importantly, how to get your staff on board too2022-04-0520 min
Accumulating WealthThree Reasons for FailureThere is an acute need for growth in your practice’s hygiene and it’s likely due to these three reasons. Registered Dental Hygienist and CEO of Inspired Hygiene’s Rachel Wall joins the guys to bring her hygiene years of experience to the table to help practices break out of their comfort zone and step into success.2022-03-2923 min
Accumulating WealthBONUS: Confidently Protect Everything You’ve Worked ForRecorded live from the CWA Annual Meeting, Steptoe & Johnson’s Brad & Katy join the guys to set straight the important components your estate plan needs. There is nothing more important than protecting your loved ones—and the last thing they need is your estate getting stuck with heavy tax burdens or tied up in probate.2022-03-2220 min
Accumulating WealthIt’s Time to Make the Unacceptable, UnacceptableHow do you know when it’s time to hire a dental consultant? CEO & Founder of NextLevel Practice, Gary Kadi, joins the guys to share insights on the broken dental business model. They discuss why so many people are reluctant to hire a dental consultant and how not making the unacceptable, unacceptable could actually be the one factor holding you back from success. 2022-03-1525 min
Accumulating WealthThe Accountability Partner You NeedWhy isn’t your practice moving to the next level and can a dental consultant help you get there more quickly? The guys are back this season to talk through the obstacles, hesitancy and roadblocks to hiring a dental consultant and take a poll on if the success stories outweigh the risks.2022-03-0818 minBrews and Tiny Teeth, The Unfiltered Pediatric Dentistry PodcastLet's Talk Some Big Numbers, with Charles Loretto of Cain WattersCharles Loretto is a partner at Cain Watters and Associates, a firm which needs no introduction in the world of dentistry. Charles oversees the practice transition department for CWA, and is founder of affiliate company, National Dental Placements, that assists doctors in the buying, transitioning and valuation of a practice. He and his team help hundreds of clients and non-clients with their transition goals annually.2022-03-011h 01
Accumulating WealthSelecting the Right Investments for Your PortfolioMoney Manager Mike O’ Keefe joins the podcast to share how to navigate the investment selection process. He elaborates on maximizing the value of your financial portfolio so you don’t feel like you’re missing out on investment opportunities.2022-02-0127 minAccumulating WealthSeason 16 Ep. 4: When Do You Need Your Money?It doesn't matter if you are 20, 40, 60 or 80 years old, knowing when you need the money can tell you how to invest it to get the best return.2022-01-2513 min
Accumulating WealthTax Diversification: The Blueprint for Your Financial PortfolioThe most influential factor in reducing taxes and increasing your post-tax spendable income is tax diversification. Tax laws and codes are ever-changing but your solution doesn’t have to be. 2022-01-1824 min
Accumulating WealthThe Art of Investment AllocationStocks. Bonds. Cash. What is the right mix? Leveraging asset allocation as a strategy to diversifying your investment portfolio can help protect you when the market is down and help you when it's up. 2022-01-1117 min
Accumulating WealthYour Appetite for Investment RiskDo you need your money in five years? Ten years? Twenty years? Before you start picking stocks, you need to first determine when you need to access the funds. CWA Wealth Advisor Natalie Young talks about this and other things investors need to know in this episode.2022-01-0425 min
Accumulating WealthBONUS: Answering Your Calling with Dr. Ryan ShinskaRyan Shinska had a calling to serve but also, a ton of dental school debt. He got creative and was able to make his dreams of providing dental care to underserved Uganda a reality. 2021-12-3127 min
Accumulating WealthReduce Your Tax Burden Before Year-EndThe guys unpack the nuances of tax-savings strategies like deferring expenses, defined benefit funding, estate tax, charitable contributions and capital gains. They answer questions about what to do before year-end and what to wait on until the tax policy is finalized. 2021-12-0718 min
Accumulating WealthBye-Bye Backdoor Roth IRAThe repeal of Roth IRA conversions is looming, ending the Backdoor Roth IRA loophole many have taken advantage of for their retirement planning. With many other retirement savings provisions fluctuating, the guys make sense of what’s to come and action items to consider before it’s too late. 2021-11-3017 min
Accumulating WealthWho Will Be Taxed on Capital Gains?Uncertainty is brewing around the capital gains tax proposal and what it means for the average investor. Hunter and Judson break down what's been proposed and how (or if) it will affect you.2021-11-2314 min
Accumulating WealthWould You Rather be Taxed More or Paid Less?If the tax policy proposal passes as-is, you are probably going to be taxed higher. How much higher exactly? Judson and Hunter offer perspective on the proposals in light of what they've seen before. On the other hand, there is a newly proposed tax here that they've never seen before. 2021-11-1619 min
Accumulating WealthEscape Estate TaxEstate taxes – who pays and how much? With the significant financial impact this can have on your beneficiaries, it’s essential to begin planning ahead in your estate plan. The guys analyze the current rates, proposed rates and the impact upcoming tax policy could have on high-income owners and their heirs.2021-11-0824 min
Accumulating WealthAvoiding Common Dental Practice PitfallsBe prepared for common ownership pitfalls. Staffing woes, tax audits, malpractice and more, the guys discuss the impact, emotions and preparation for each scenario. 2021-11-0222 min
Accumulating WealthEmbezzlement Wake Up CallA well-rounded general practice with 3 doctors, a full schedule and long-term staff—life was good for Dr. Steve Burross. Then his financial advisor noticed something strange, which led to the discovery of an embezzler in the practice. He shares his personal story to help other doctors take measures to fully equip and protect their business.2021-10-2628 min
Accumulating WealthDental Disability First-Hand ExperienceDr. Casey Culberson joins the podcast to detail his experience with an injury that kept him from doing what he does best, dentistry. From the disability claims process, insurance coverage and reporting to how his patients and staff dealt with his absence, he details his personal and practice recovery process.2021-10-1923 min
Accumulating WealthPartnership Tales from the TrenchesDr. Bruce Ouellette joins us to share his partnership experience and insight into why some are successful and others fall apart. Based on his experience with both, he offers guidance on the due diligence that must be done before entering into a partnership agreement.2021-10-1225 min
Accumulating WealthCyber Attack Survival StoryBy sharing her personal story, Dr. Katherine Rodriguez advises listeners on how to protect their dental practice against cyber and ransomware attacks. In this episode, she describes how it happened, what was lost and how she pulled her practice back to safety. 2021-10-0525 min
Accumulating WealthA Look at Retirement from a Former Dental Practice OwnerThe guys welcome Dr. Chuck Puntillo to discuss his journey from practicing dentistry to retirement. Through sacrifice and planning ahead, he shares how he crossed the bridge to living the lifestyle he always dreamed of. 2021-09-0127 min
Accumulating WealthSecond Location Success StoryOpening a second practice comes with risks, yet potential for big rewards. Dr. Wheeler joins the podcast to offer insight into the financial, managerial and staffing challenges he overcame to reach his thriving second dental practice.2021-08-2530 min
Accumulating WealthPartnership Point-of-View from a Two Doctor PracticeDrs. Ryan Oakley and Ron Miller join the podcast to share how they made their dental partnership work. From both the buyer and the seller’s perspective, they dish on personal and clinical compatibility, patients, staff and long- and short-term goals.2021-08-1733 min
Accumulating WealthSeason 13 Ep. 2: Start-Up Lessons from a Thriving Dental PracticeDr. Derek Blank joins the guys to reflect on his experience opening a start-up dental practice. He shares how he knew this path was right for him and the key factors that contributed to its early success. 2021-08-1028 min
Accumulating WealthCareer Path Perspective from a New Dental GraduateRecent University of Kentucky Dental School graduate, Friend Bechtel, is here to discuss the different paths graduates have available to get their career in dentistry started. He discusses the choice between joining a corporate group or a private practice from a student’s perspective. Do new grads really have less desire to own their own practice than their predecessors? Dr. Bechtel weighs in.2021-08-0334 min
Accumulating WealthIncreasing Your Case Acceptance RateNew statistics from the ADA confirm that patients are not only back, but demand continues to grow for dental care. In this episode the guys unpack the key lessons doctors need to take away from the pandemic and how they can use these to help keep acceptance rates high in the long term.2021-06-2913 min
Accumulating WealthBetter Your Practice & YourselfIncreasing Fees. Thinning schedules. Digital marketing. Cost structures. All takeaways from last year that Hunter and Judson are evaluating and offering guidance on to propel your practice forward.2021-06-2222 min
Accumulating WealthRetaining Staff in Today's Dental LandscapeStaffing has always been an issue for business owners, yet this past year has elevated the need for a solution. Rising staff costs and benefit demands, decreased supply and increased turnover. Hunter & Judson offer guidance on short- and long-term decisions owners can take to navigate common staffing pains in this new episode.2021-06-1522 min
Accumulating WealthMake the Most of Extra Stimulus DollarsMost dental practice owners are finding themselves with a flush of cash on hand post-pandemic. But during a volatile market, business owners may be unsure about where to reinvest those dollars. In this episode, Hunter and Judson offer guidance on how to make a long-term impact from a short-term situation. 2021-06-0819 min
Accumulating WealthDid Stimulus Stimulate Your Practice?Most first-round Paycheck Protection Program (PPP) loans were under $150,000 and not everyone received the second round of stimulus loans. Was this really enough to move the needle in dental practices, especially those hit hardest by the pandemic shutdowns? Judson and Hunter weigh in. Resources: Maximize PPP1 and ERC forgiveness with our free tool.2021-06-0217 min
Accumulating WealthMonthly Expenses Get ExpensiveThe first step in financial independence is paying your own bills. Yet, among all the things that come with adulthood, this is the one young people would most like to ignore. In this episode, Judson & Hunter help guide parents and young adults on how to gradually assume this responsibility by budgeting, estimating expenses, and managing credit cards. 2021-05-0424 min
Accumulating WealthDiscovering Your Own Entrepreneurial MindsetHunter and Judson reminisce on their college days, the things they did right and what they wish they would have done to help them be better in the career world. Judson’s minimum wage job and Hunter’s study abroad experience both paid dividends in adulthood. There were things they left on the table that they also have seen pay off for others later in life.2021-04-2720 min
Accumulating WealthExtra Credit for the Whole FamilyYou need to establish good credit, but how do you avoid the sand traps along the way? Hunter and Judson share their own young adult credit mishaps and in the process answer who needs credit, why you need it, when to start and how to do it right. Listen in to help your young adult get on the right track.2021-04-2019 min
Accumulating WealthKnock Your Savings Out of Fenway Park!With Hunter in the hot seat, this episode kicks off illustrating why saving early is the key to accumulating wealth. The guys help you set realistic savings goals by life stage and talk about why an employer match, 401(k), Roth IRA and stocks are a home run. 2021-04-1321 min
Accumulating WealthWhat would your child do right now with $1,000?Judson and Hunter ask their kiddos a simple question with some pretty great answers. They take things back to basics this season, talking through all the financial concepts they wish they’d known when they started college, their career and independent life!2021-04-0612 min
Accumulating WealthOutside Factors Impeding Your Best RetirementWhile you can't predict life's ups and downs, the guys advise on how you can appropriately prepare your portfolio for uncontrollable factors such as inflation, medical and disability, divorce, social security and more. Joined by CWA Partner Brian Bortz, they offer insight on how to not only plan ahead but make adjustments along the way. 2021-03-3020 min
Dentistry Uncensored with Howard Farran1217 Business overhead and accounting by Judson Crawford CPA, IAR, Cain, Watters & Associates : Dentistry Uncensored with Howard FarranJudson graduated from Texas Tech University in 2002 with a Master of Science in accountancy. He began his career as a staff accountant at Ernst and Young in Dallas. After several years in corporate tax consulting, he became a planner for Cain Watters and Associates in October of 2004. Judson has excelled at making personal connections with his clients that help him ensure the best financial future for them, their families and the generations to come. In 2014 Judson became a partner at CWA. In addition to his role as a CPA, he is the executive board member responsible for...2019-07-021h 10
Accumulating WealthThe Importance of Tax-Deferred Savings Vehicles with Tom SandersStrategic savings is an essential part to accumulating wealth. CPA Hunter Satterfield sits down with Tom Sanders, partner at Cain Watters and Associates, to talk about strategically saving through tax-deferred vehicles. Submit your questions or comments for Hunter at cainwatters.com/wealthpodcast.2019-01-0736 min
Accumulating WealthMoney Growth Concepts with Darrell CainCPA Hunter Satterfield sits down with Darrell Cain, the founder of Cain Watters and Associates. Together they discuss his philosophy on wealth accumulation and the concept of compounding interest. Submit your questions or comments for Hunter at cainwatters.com/wealthpodcast.2019-01-0339 min