Business Structure & Wealth Management For Medical Professionals
We're here to make your tax affairs simple!
Start Your Journey Right With A Solid Business Structure
Our experienced advisors will help you every step of the way
We take a holistic approach to wealth management by providing our client access to -
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Advice and support for all aspects of starting, developing, and running your
business. -
Guide you in choosing the right business structure (LLC or SCorp) for your
practice. -
Help you with your bookkeeping records and make you feel confident in your
risk management decisions. -
Provide the financial resources you need, such as insurance, tax status,
retirement options, and legal information. -
Guide you in tax filing, coverage, and maximizing deductions while managing
risk and ensuring asset protection.
We Help You Build A Successful And Sustainable Practice
Build a successful & sustainable practice with PRIME
Our team of advisors provides a holistic approach to business structure and wealth management for medical professionals. We make running your practice simple by offering tailored solutions that enable you to focus on what matters most–your patients!
Build a Better Practice
We can assist you with structuring your business, making financial forecasts, and providing skillfully crafted organizational resources to help you make data-driven decisions.
Optimize Your Growth
We'll help you create a strong business foundation plan, streamlining your record-keeping, arranging all the data for your financial statements, and optimize your operations, finances, and other aspects to the next level.
Assess & Manage Risks
We'll help you protect your assets and maximize profits by managing risk, forecasting cash flows, improving operational efficiency, and making sure that your practice runs smoothly with sensible budgeting and implementation.
With Us, You Get The Personal Attention, Professional Service, And Peace Of Mind You Deserve
Why PRIME?
We are dedicated to supporting physicians, clinics, and multi-disciplinary teams by gathering data and understanding their unique needs and goals. With our experience in personal legal matters, business structures, startup tax filing, health insurance, and malpractice coverage, we provide strategies, plans, and recommendations to help protect against legal risks and potential financial loss. Our focus is on ensuring that our clients can concentrate on what matters most: treatment and their patients. We are proud of the long-lasting relationships we have built with our clients over the past six decades.
What Our Clients Are Saying
“Howard, Jason, and the PRIME team are always honest and very quick to respond. Whenever I’ve needed them to help with something, big or small I always feel comfort that they are there”.
Executive Technology Consultant, NJ
“I have been with PRIME since my residency, and first met them at their seminar. I was surprised that they were even better in person than they were during the presentation. This was not usually true with all the vendors we had come to the hospital. With that said, they’ve always been there for me from the beginning. Now I have a family, a crazy shift schedule, and a busy life and we are very happy that we have this relationship”.
Emergency Physician, CA
“I've been working with PRIME for several years and they continue to deliver outstanding service. They offer the most reliable solutions for my needs and I trust their expertise wholeheartedly”.
IT Director, NY
“PRIME has been a trusted partner in improving our workflow and providing tech support whenever necessary. We can always count on them to find the best solutions”.
Healthcare Administrator, FL
“PRIME has been a trusted partner in improving our workflow and providing tech support whenever necessary. We can always count on them to find the best solutions”.
Healthcare Administrator, FL
Other Services We offer
Business Creation
For more than 65 years, PRIME has provided tax planning services to physicians. We understand your unique needs.
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Tax Planning
For more than 65 years, PRIME has provided tax planning services to physicians. We understand your unique needs as a resident, fellow, hospital administrator, or private practice owner.
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Debt Planning
We'll help you tackle the root problems of your debt by analyzing all aspects of your financial situation.
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Investment Planning
Investing isn’t always about how much you have in your account. It should be about having the money available when you need it. We help physicians invest by building personalized investment programs based on their time horizon, risk tolerance, tax situation, and preferences.
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Insurance Services
As a doctor, you deserve the best protection! Let us help you with our specialized insurance plans that cover all three types of risks: Life, Disability, and Long-Term Care.
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Retirement Services
PRIME simplifies retirement planning for doctors with customized guidance and real-time tracking to ensure your plan aligns with your financial goals. We can help you answer that ever-so-present question: “How much do I need?”
Learn MoreFAQ's
- An LLC is a business structure that shields the personal assets of its members from legal or financial issues faced by the business. Only the assets of the business are at risk in case of a lawsuit or debt collection, and not the owner’s assets.
- An S corporation, or S corp, is a tax designation that allows a business to be taxed as a partnership, avoiding double taxation. This means that they are subject to corporate income tax, but they also offer personal asset protection for the shareholders and also allow for pass-through taxation.