As a physician, you have one of the most demanding and rewarding careers, but your financial life can be just as complex. Whether you're an incorporated specialist managing a clinic, a family doctor balancing work and home life, or a physician in the early years of practice, you've likely asked yourself: Am I on the right track financially?

At Sharma & Associates, we specialize in financial planning for physicians at every stage of their careers. You've worked hard to earn your position, and we're here to ensure that your hard work translates into lasting wealth, security, and freedom.

From optimizing your corporate structure to navigating complex tax planning, we offer the kind of financial advice tailored specifically for doctors—advice that many other firms aren’t equipped to provide. Each client file is handled by a dedicated team that includes both a financial planner and a Chartered Professional Accountant. Together, we create a custom financial plan that’s built to grow, protect, and transition wealth—every step of the way.

A financial plan built for your life—not just your income

Our work goes beyond just managing your practice—we help plan for your family's future too. From spousal planning to intergenerational wealth transfer, we ensure your financial success supports those who matter most. High income doesn’t automatically lead to financial freedom. Many physicians find themselves caught between growing earnings and rising tax bills. We’re here to change that. Whether you’re paying off student debt, reinvesting in your clinic, or planning for what’s next, we’ll create a clear financial roadmap, so you can move forward with confidence.

Here’s how we help physicians:

  • Optimize corporate income

    Create and manage investment holding companies to maximize retained earnings and defer taxes.

  • Protect your family and reduce tax burden

    Implement corporate-owned insurance to safeguard your loved ones, reduce taxes, or prepare for a tax-free exit.

  • Grow wealth

    Build an investment portfolio either inside your practice or through a separate investment company, so your money works for you—even when you're not actively working.

  • Plan for the future

    Develop a succession or retirement plan that lets you exit your practice on your terms, when the time comes.

  • Ensure a smooth transition

    Coordinate with your accountants and lawyers to ensure your succession plan is executed exactly as intended—so you can fully benefit from the Lifetime Capital Gains Exemption, if available.

  • Secure your legacy

    Review your wills, powers of attorney (POAs), trust agreements, and shareholder agreements for long-term peace of mind.

Focused on your life—not just your finances

We understand that your time is limited, your decisions are complex which carry weight, and your financial life can get complicated—quickly. That’s why we take a different approach. Unlike firms that lead with products or one-size-fits-all checklists, we begin by gaining a deep understanding of your complete financial picture before offering any advice.

With Sharma & Associates, nothing gets overlooked. Our in-house collaboration between financial planning and accounting ensures your strategy is not only forward-thinking but also grounded in precision. We review what others often miss—corporate structures, tax returns, legal documents—and uncover opportunities most professionals don’t even think to look for.

This is financial planning done with rigour, care, and a physician’s unique needs in mind. It’s why doctors across Ontario trust us as their go-to financial advisor—because we get it.

Female doctor checking on her older patient

Clarity today, security tomorrow

Physicians don’t need more financial noise—they need clarity, expertise, and a strategy that works.

Whether you’ve just incorporated or are planning for retirement, Sharma & Associates helps ensure your financial strategy supports the life you’ve built, protects the people you love, and positions you for lasting success.