Wealth Planning for Dentists: A Conversa...

In this episode of the Simplified Dentistry Podcast, host Dr. Richard Offutt welcomes Tim McNeely—founder of Dental Wealth Nation and author of the book by the same name—for a deep dive into wealth management for dentists. Tim shares practical strategies for financial planning, building high-value practices, and transitioning from “doing it all” to leading with clarity. This conversation is packed with insights for dentists at every stage—especially those in mid-career thinking about exit strategies and legacy planning.

Episode Navigation

03:00 – What real wealth management looks like
04:12 – “Dr. Do-It-Yourself” vs. elite delegation
06:15 – Financial strategy for mid-career dentists
07:44 – When to start exit planning
09:13 – Values-based advising and relationship focus
15:34 – Avoiding predators and pretenders
18:11 – Future of dentistry & Tim’s outlook

Key Takeaways

Financial Strategy & Mindset

• Get clear on your 36-month vision before building financial strategies
• Start planning your exit early—value creation begins long before retirement
• Avoid the “do-it-yourself” mindset—delegate weaknesses and focus on strengths
• Define your values before choosing financial tools
  
  

Wealth Management Model

• True wealth management includes:
  

   

  • Investment consulting

  • Advanced planning (tax, legal, estate)

  • Relationship management

• A virtual family office brings together experts to work in harmony on your behalf
• Avoid predators and pretenders—work with elite advisors who know your space

Meet Our Guest

Tim McNeely

Founder of Dental Wealth Nation, certified financial planner, and advisor to dental entrepreneurs. Tim specializes in helping dentists accelerate value creation, exit planning, and legacy building through strategic wealth advisory models modeled on elite family offices.

Featured Discussion Topics

• Wealth building for dentists
• Exit planning and value acceleration
• Building a virtual family office
• Financial delegation and team building
• Predator vs. pretender vs. elite advisor
• Strategic planning for mid-career dentists
• Collaboration and legacy in dentistry
  
  

Connect With Simplify Dentistry

🌐 Website: simplifydds.com
👥 Facebook Group: Simplify Dentistry Community

Topics: dental wealth planning, exit strategy, mid-career dentists, family office model, financial planning, legacy building, investment consulting, practice transition, dental entrepreneurship, dental finance strategy