Dr. Murray Arlin, D.D.S., dip. Perio., F.R.C.D.(C)

(Etobicoke)

I spent many years carefully investigating who I would work with as my financial planner. I decided to commit to TMFD Financial and can very strongly recommend them. The team is knowledgeable and competent, as well as being down to earth and friendly. They provide significant benefits to my financial and legal affairs. To read my full testimonial, please click read more.

Dr. Kerr Banduk, D.D.S.

(Waterloo)

Being a skeptic, it took me a while to place my trust and confidence with someone when it came to my financial affairs. As Dentists, we work very hard for our money and have very little time to invest it properly, and seek the proper advice. I retired from Dentistry at the age of 58 and have been a client of TMFD for over ten years. As I look back on how this was possible, it is easy to see that aside from hard work and running an efficient and successful practice, it was the team at TMFD that helped immensely in achieving this. The formation of the correct corporate structure, tax planning and wealth management strategies, legal advice and banking needs, the proper insurance set up, all under one roof was the key to this success. The team members at TMFD Financial are knowledgeable to the needs of Dentists, are efficient, professional and are a pleasure to deal with. I have enjoyed Dentistry and continue to serve on the ODA (Ontario Dental Association) for the betterment of our Profession. I feel a great joy in recommending the TMFD team to you. TRUST is earned and they have earned mine.

Dr. Rachel Bell, D.M.D., B.Sc. Hons.

(Brampton)

When setting up my dental practice in 2013, I was initially looking for a firm to assist me with my financial needs. TMFD was recommended to me and I couldn’t be more pleased with the services they provide. Their team approach has been invaluable by allowing me to deal with one consultant company for my personal and business needs. They developed my business projection for managing practice cash flow, provided marketing strategy solutions, advised and assisted me in choosing the appropriate insurance to meet my personal and business needs, and managed my taxes. They have been a great support system for me and are quick to answer any of my questions or concerns. It has been a pleasure working with them and I would highly recommend their services!

Melinda & Dr. Brett Cerqua, D.D.S.

(Trenton)

From the moment we met with the team at TMFD, we knew we were in good hands. They help take the guesswork out of financial planning and you will appreciate that the experience they have with dental clientele really pays off. They understand our industry and profession and are available whenever you need advice. From taxes to planning for your retirement, they have you completely covered. They are an incredible team of financial professionals who will always look out for your best interest. I highly recommend them whether you are just beginning your career or are approaching retirement and anywhere in between. Keep up the good work. Thanks TMFD.

Dr. Albert Chan, D.D.S., F.A.G.D.

(Pickering)

I came to TMFD about 8 years ago. I was taking a chance with a company which I knew little about and none of my dental friends were using at the time. My initial fear was quickly allayed as I began to experience the expertise and professionalism that the team at TMFD were able to offer me. I was also impressed as to how quick they would respond to my numerous emails, answering tax questions often within minutes of posting. It was a nice start to a great relationship. They helped me set up the PC and IPP and as I gained confidence in them, I started to shift my portfolio from a major brokerage house and today, 100% of my investable assets are managed by them. This is perhaps the wisest investment decision I have ever made as my previous adviser was performing miserably for the past 25 years. I’m in total agreement with the ‘efficient market hypotheses introduced to me by Assante a few years ago and it remains the core of their investment philosophy. I’m very happy with the return so far and my only regret was not transferring my funds over earlier. With all the tools that we were able to implement over the past 8 years, I have attained my goal of achieving financial freedom.

Dr. Calvin Chu, D.D.S.

(Orillia)

I found TMFD to be invaluable in helping me first to get incorporated and secondly to get organized to purchase a practice. They patiently answered all of my questions that would come up during the purchase process. They have a good network of contacts. Of course, they can take care of your taxes and investments too! I would definitely recommend them – they are a pleasure to work with.

Dr. Neil Gajjar, B.Sc., D.D.S.

(Mississauga)

I find the unique approach that TMFD Financial has developed to integrate all of my bookkeeping, corporate filings, and wealth management needs the key to capturing tax savings opportunities that simply would not be apparent otherwise. The background preparation work undertaken by TMFD directly resulted in real corporate and personal tax savings. I am now moving confidently through a well-planned strategy. I highly recommend TMFD as your one source provider to manage all your tax, corporate and personal financial affairs.

Dr. Allan L. Hawryluk, D.D.S.

(Mississauga)

In the past I had many people giving me disjointed advice, and it was overwhelming and out of control. The team at TMFD has given us excellent advice in internal practice matters and have organized my accounting, investments, and insurance policies. Now I have more time to focus on dentistry and leave all these financial matters to these great, trusted professionals.

Dr. Zafar Husain, D.D.S.

(Owen Sound)

TMFD has significantly improved our financial situation by providing us with sound tax and financial planning, helping us set realistic long-term savings and retirement goals and providing us with direct and honest investing and savings advice. TMFD’s professional tax and financial planning team has saved us considerable money allowing us to enjoy a greater disposable income and have more funds available to invest for our long term savings and retirement goals. Since investments, tax planning, insurance and wills/trusts are all done at TMFD, having them direct these critical areas saves us significant time and allows us to feel more secure about our long term personal and professional financial goals. I trust their judgement, and highly recommend them to all dentists.

Dr. Arthur Johnston, D.D.S.

(Successfully Retired)

I have been in the private practice of dentistry for well over 30 years. I have had a very good accountant, a very capable financial planner, insurance agents that advise me well, and lawyers to give advice when necessary. Although each of these advisors did their best for me, they each worked in isolation and none were able to see the big picture. I needed someone to successfully integrate all the pieces of the financial puzzle. TMFD Financial has done an incredible job of analyzing, integrating, and managing my personal and corporate needs, and have made possible a much better bottom line than I have ever enjoyed before.

Dr. Michael Luciani, D.D.S. & Dr. Amanika Luciani, D.D.S.

(Mississauga)

Since 2007, the team at TMFD have helped us to establish and care for the needs of our two dental practices, and rapidly expanding family. They have supported us with an “all in one” approach. They have provided accounting & tax matters, corporate and private insurance, estate planning, retirement and education savings. Their insurance team members have also helped us with a Health Spending Account that helps to cover our family’s day-to-day medical needs. It is re-assuring to us to have a team of friends looking out for our family and practice needs.

Dr. Jim Mackle, D.D.S.

(Alliston)

TMFD have guided me and helped me plan effectively which has allowed me to achieve an early retirement! They provided me with timely advice on the sale of my practice. The best aspect of TMFD is their “Big Picture” look at investing, tax reduction, insurance and estate planning and the way they “put it all together”.

Sandra Pather Milencoff, Spouse of Dentist

(Dundas)

My husband and I were first introduced to TMFD Financial approximately 10 years ago. They developed a comprehensive approach with us which included tax planning, investment planning, education planning and estate planning. They met with us every 3 to 4 months as needed to analyze our accounts and further plan. My worst fear was realized when at the young age of 42, I lost my spouse. Thankfully TMFD had planned our estate carefully so that my young daughter and I are financially sound. The TMFD team went far beyond their professional duties and supported me and assisted me with my ongoing estate and tax implications since my husband’s death. Their extensive knowledge and foresight made this terrible situation easier and I would highly recommend them. I could not have managed without their help over these last 2 years – they handled everything! This has allowed us to enjoy life and not worry about finances knowing a highly qualified team is there when we need them.

Dr. Jared Nabeta, D.D.S.

(Burlington)

The Team at TMFD organized my business life and has set me up for the foreseeable future. They helped me incorporate and receive the financing to both purchase my first practice and build a new facility. Using their tax saving strategies I feel I am minimizing my tax burden. As a client of TMFD, they’ve brought my financial planning, accounting and insurance all into one place to maximize communication and minimize confusion. Their knowledge of the dental industry helped to develop a customized financial plan for myself and my family.

Dr. Neha Patel, D.D.S.

(Mississauga)

As a new graduated dentist trying to buy a practice, TMFD has been constantly helping me in acquiring one. From informing me of opportunities, checking the appraisals, to coordinating with the banks for commercial lending, they have assisted throughout. With my hectic work schedules I do not have the time to research and follow through, but with the TMFD one stop shop model with everything under one roof for all my financial needs, my life has become much easier. They have experienced advisors who work as a team to plan and implement solutions for my personal financial needs. The TMFD team has been helping me reduce my debts faster and in an effective manner. I now have a good financial roadmap and their guidance in connecting investments, insurance, wills and estates and other planning matters have provided clear direction, and they are with me for the long haul.

Dr. Vageesh K Sabharwal, B.Sc., D.D.S.

(Toronto & Vaughan)

I have had the privilege of having TMFD on my financial team for over 7 years. I am very confident in the services and level of advice that is afforded to me at every crucial moment of my personal and professional financial life. I highly recommend making TMFD a part of any dentist’s financial team if ease of mind, honesty and financial success are important to you.

Dr. Leny Sferlazza, D.D.S., M.A.G.D.

(Mississauga)

[TMFD Financial has] been extremely helpful with my professional and personal finances. From forming a corporation for my dental practice to estate planning, the process was thorough and comprehensive. The strategies have greatly reduced my taxes and increased my retirement savings. I have been most impressed with the absolute competence of the people I have had the privilege to work with.

Dr. Sara Syed, B.Sc. Hons., D.M.D.

(Ottawa)

TMFD Financial listen and act on my individual needs rather than using a “one size fits all” method. They take a comprehensive approach to financial planning that includes tax planning, education, investment planning, insurance needs, estate planning and structuring, and debt reduction. Prior to working with TMFD, I had to rely on multiple specialists and it consumed a lot of my time. Now, TMFD serve as a kind of CFO for my business and personal finances. Their integrated service frees up my time to do the things I really enjoy, such as practicing dentistry and spending time with my family.

Dr. Michaela Taskov, D.D.S.

(Wasaga Beach)

In today’s rapidly changing professional world, it is reassuring to work with an accountant who truly understands the pressures we face in our practices. 2014 is my first year working with Stive Farronato, and I couldn’t be more impressed. He proved himself to be very professional, intuitive, realistic, quick to respond and easy to communicate with. With TMFD having a special focus on the dental profession, they were very familiar with the many challenges we face in the dental practice and very knowledgeable regarding dental corporations. I would encourage my colleagues to make the move to the TMFD team approach in addressing our personal and professional financial needs.

Dr. Catherine Zacal, B.Sc. Hons., D.D.S.

(Huntsville)

I am relieved to have found the team at Tax Matters For Dentists. TMFD has helped me by streamlining and consolidating all of my financial matters. This has saved me time and money by having all my finances in one place. It has reduced my stress level and stopped me worrying about keeping on top of more than one financial advisor for my life insurance, RRSP’s etc. Having personal, corporate, and all the various insurance structures under one roof ensures minimization of taxes and increased efficiency when all parties involved are aware of the big picture. I take comfort in their stone-cold grasp of the complex corporate finance world. However, personal meetings with TMFD are always genuinely friendly and relaxed.

Dr. Scott Ly

(Newmarket)

I’ve worked with other accountants and financial advisors, but I trust the team at TMFD. They provided guidance and a balanced perspective on tax planning, investments and practice management, giving me confidence and control over building my net worth. I have good rapport with the team and appreciate the personalized service.

Dr. Michael Diston

(St. Catharines)

I wish I had been introduced to the specialists at TMFD years ago. A self-proclaimed do-it-yourselfer, I was happy to struggle with the learning curve to understand tax strategy, incorporation, partnerships and cost sharing schemes, amalgamations, mergers and more. After-all, who was I to trust with my business and livelihood? Who was as invested to look out for me, but me? Well, the answer is the team of specialists associated with TMFD.

TMFD is an organization, built around understanding the needs of dentists, and committed to mutual satisfaction and success of dentists; their practice life, their financial health and their families. I have been a client of TMFD for just over a year. It feels a lot longer than that. It is because I feel like I have a coach in my corner, and team-mates who want the best for me, my practice and my family. Make the call.

Dr. Michael Proctor

(Toronto)

After many years of sourcing the financial planning needs of my personal and professional life to various people, or relying on myself, I decided to bring all aspects under the care of the people at TMFD Financial. It has turned out to be one of the best decisions I have ever made.

The team at TMFD has proven to be timely, thoughtful, patient and thorough in the explanation and implementation of their strategies for organizing the tax planning and accounting for my practice, the building and protection of my estate through their “Big Picture” investment strategies, and the establishment of an IPP and PC.

As we all know, running a dental practice and devoting time to family can be all consuming. When it came time to address things long neglected, such as establishing proper wills for my wife and I, they were invaluable in introducing me to people to make this happen.

Nearing the time to sell my practice, I once again could turn to them with confidence in their suggestions for practice management advice through their Practice Coaching team, to streamline and more efficiently productively run my hygiene department, as well as directing me to competent legal counsel and working with them to properly structure the sale.

I am very grateful for all they have done and look to my retirement with confidence, knowing I will be able to rely on their advice.

Dr. Brian and Nancy DeMontmorency

(Brantford)

Brian and I wanted to send a note of sincere appreciation for everything TMFD Financial has done to transition our dental corporation over. Looking back over the past year, we can both wholeheartedly agree we should have explored TMFD Financial years ago!

TMFD Financial made us feel comfortable and greatly reduced our worries as we look forward to retirement. We are particularly pleased that our investments have met the projected goals and you were able to give us a clear and “doable” plan. Our accounting and financial planning are finally in sync and at a fraction of the cost. We also appreciate how easy it is to reach you when we have questions or concerns . Amazing service!

We would highly recommend TMFD to other dentists as it has truly simplified our life!

Dr. Tony Mancuso

(Welland)

TMFD is working with the dental team to increase the efficiency of the hygiene department and also better track our treatment acceptance. This overall benefits cash flow. TMFD has amalgamated both the personal and professional sides of my life, especially my exit strategy – making it more crystallized with wills, insurance, and estate planning strategies.

Dr. Shanny Eun Kyung

(Toronto)

TMFD allows us to be able to live the lifestyle that we want but also minimize our taxes which increases our net worth. As a new dentist, this is vital for helping us have a direction for our future financial success. The availability of our liaison/planner/consultant was exceptionally helpful. TMFD has helped my practice we are able to see where our money is going and therefore strategize any future purchases, improvements in certain aspects of the practice (i.e. hygiene vs. dentistry), and also minimize any superfluous expenses.

The advanced tax planning has helped us to maintain our lifestyle but minimize taxes. The additional savings help us to invest back into the practice and/or education. The key for choosing TMFD was the availability of our liaison/planner/consultant.

As a new dentist with a new practice, there are many financial aspects that need to be addressed. By having TMFD as part of OUR team, we were able to avoid any pitfalls and keep money where it needed to be.