Get in touch with us

Book a FREE consultation
and receive your complimentary eBook

Get started with a free strategy consultation and receive a copy of the Good Fortune Guide – written by James McFall, Managing Director Yield™ FP and 2020 National Finalist Certified Financial Planner of the Year to help educate you on your Financial Plan.

    What areas of financial planning are you looking for advice on?

Book a FREE consultation
and receive your complimentary eBook

Get started with a free strategy consultation and receive a copy of the Good Fortune Guide – written by James McFall, Managing Director Yield™ FP and 2020 National Finalist Certified Financial Planner of the Year to help educate you on your Financial Plan.

How Yield Can Improve Your Financial Plan

With nearly 50% of our top clients being doctors, our team of 13 with over 70 years of experience are best placed to help you and your family navigate the unique and potentially risky aspects of your profession.

Our service is designed for those who are time-poor and need help with the complexities of liability risks and to take advantage of cash flow and tax planning opportunities that exist.

Choosing to partner with Yield Financial Planning guarantees proactive advice tailored to what you want from your life.

doctor infographic
Tax Structuring = More Money For You

Tax Planning For Doctors

The average salary for a doctor in Australia is approximately $160,875, with many experienced practitioners making up to $234,000 and some specialists earning well above this amount. This lands the profession in the top 2 tax brackets.

Depending on your area of specialisation, some financial planning opportunities could include:

  • Salary Sacrificing: paying for essentials with pre-tax earnings, leaving you with a smaller tax bill.
  • Family trust, SMSF, and  bucket companies  can be used for investment strategies.
  • Tax effective investments that are suitable
Financial planning advice for Doctors should be personalised to your goals and focused on achieving great investment, tax and risk management outcomes.

Yield advisors are financial planning specialists. For doctors!

Give Us A Call

Investment Planning for Doctor's

How you choose to invest your money is personal and will depend on your objectives. Often Doctors love investing in property, which can include their practice premises and we have a unique history of helping clients invest in property. SMSF can be a great structure for buying a practice premises for instance and we help doctors navigate these structuring decisions, considerate of their personal financial plan. Often Doctors meet the definition of ‘wholesale investor’, which is how the ATO broadly defines HNW investors and this can open exclusive investment opportunities. More broadly, a well-crafted wealth creation strategy should include a balanced portfolio of investments for you and your family that leverages off your income and capital position, while managing risk.

Creating an investment plan that is suited to you will be determined by first understanding what your current plan is. This will include the investments you currently hold, including property and any investments you may currently be considering. By understanding your current plan, we will be able to identify complimentary high-performing strategies and solutions, that enhance your position.

Our financial plans for doctors are highly personalised to fit lifestyle and retirement objectives, making us the ideal advisor for you to develop a financial plan that leverages your income and capital position, with managed risk.

Protect Your Ability To Provide An Income For Your Family

Insurance Planning for Doctor's Financial Plans

The Medical Journal of Australia cites one of the biggest mistakes a doctor can make is under-prioritising insurance and yet says doctors actually have a higher need for insurance, given they are usually the major breadwinner in the family and doctors typically have higher levels of debt.

Protecting your ability to continue to provide for your family if you become sick, injured or worse pass away is a risk that can be protected with personal and business life insurance and this is an essential consideration of a doctors financial plan.

How We Assess & Recommended Quality Insurance Covers 

  • We assess the latest updates on the market for our client’s with regular reviews.
  • Ensure that your current cover’s incremental increases are not leaving you overpaying.
  • Integrate your insurance policy to your broader financial plan to ensure your cover amount reflects your need and personal objectives.
Quote Green

Have Our Team Take Care Of Your Finances and
Retirement Plan

Growing your Super & Planning for Retirement

We think planning for retirement is the most important component of financial advice because this is when you will rely on your assets to fund your income needs. Super is purpose-built for retirement and is one way we approach lowering your tax bill, with concessional and non-concessional contributions to your superannuation. The tax and long-term capital benefits will usually outweigh cash flow considerations, especially for doctors.

If you are a Doctor that wants to be in the most strategic position possible, you should be partnered with a financial planner that understands the unique risks and opportunities that are available to you and who will help you coordinate your financial structures towards your lifestyle and retirement objectives and generally make your money go a lot further.


What Our Clients Say

We have entrusted our wealth creation and future security with Yield Financial Planning for a number of years now. They truly are professionals who have stayed ahead of the game by making strategic decisions at the right time and have always given sound advice. Security for our future is in great hands. Thanks Yield Financial Planning!!!

Yield Financial Planning have been excellent in their advice and investment strategies being a pleasure to work with over many years. Their strategies and constant portfolio reviews making changes when needed have guided us right through from our working days, the GFC and now retirement. We hold Yield as being an invaluable necessity.

Yield Financial Planning has provided us with professional expert sound advice. It is always a pleasure to deal James and his team who always have our best interests at heart and has set up a sound plan for retirement. James and his team have provided first rate advice and funds management. I have confidence in James’s competence and integrity.

Just the excellent service we receive and doesn’t matter how many questions we have; the staff are happy to oblige. They follow things through and let us think about important and critical matters methodically with a helping hand along the way. So overall the Journey is pleasant, professional and comprehensive yet it is explained to you what could help you or your needs.

I’ve been with Yield for more than 10 years and I’ve found the advice invaluable in helping to navigate life’s twists and turns. Highly recommended 5 Stars!

I would like to congratulate Yield Financial Planning, for their high quality of care, expertise and knowledge they have provided in ensuring my future growth is heading in the right direction. These qualities have reflected both in results and the ongoing follow up as an existing client, which I find reassuring.

Have been with Yield for a few years as my financial planners, and was very pleased when they announced their Mortgage Brokering Services – their Broker had great communication, and at no time was I unsure of where we were in the process. Being my Financial Planner, I was much more comfortable knowing they had my interests at the forefront of all negotiations – rather than getting a mortgage broker off the street who is probably aligned with a bank. From a more financial perspective, Yield saved us over $5000 per year through reduced interest payments alone – I highly recommend looking into Yield Financial

Penny O’Grady & Trevor Shevchenko
Kevin & Anne Kennelly
Renae Chapman & Tim Walsh
Ken & Frances Moore
Tim Prosser
Angela Henwood
Wade Lamberth & Narges Bayat
decoration leaves 1
decoration leaves 1
decoration leaves 1
decoration leaves 2
decoration leaves 2

Get In Touch

Interested to discuss something?
Have a question or comment?
Submit your details and we’ll be in touch.

Free Consultation

Free Consultation

Get started with your free strategy consultation and receive a copy of the MOST IN DEMAND Good Fortune Guide – written by Certified Financial Planner of the year 2020 national finalist, to help educate you on your financial plan.