Dan Wicker dental speaker

Cain Watters & Associates
6900 N. Dallas Parkway, Suite 500
Plano, TX 75024

(972) 233-3323

info@CainWatters.com
CainWatters.com


  • Accounting
  • Business / Financial
  • Practice Management
  • Retirement Planning
  • Trends

Dan Wicker

Dentists often feel stuck in the middle of their advisors, left to quarterback all of the important decisions.

This lack of communication places the responsibility on the dentist alone to understand how to “make it happen.”

Our interactive workshops and inspiring presentations guide dentists and dental practices in the smart, effective management of their personal and business financial matters, helping bring the two into alignment in order to reach their financial goals.

Learn the factors, attitudes and disciplines that produce the financial outcomes that doctors desire through our most popular courses.


Are you “stuck in the middle” of your advisors and forced to become the authority in financial decisions? Not sure you have the knowledge to make the “right” financial decisions for the practice or personally?

From dental school graduation through preparing your estate for your heirs, this presentation provides strategies for maximizing practice and personal financial decisions because they are absolutely connected and they impact each other.

In this content-rich, interactive course, learn proven formulas behind building wealth, tax strategies to improve cash flow, plus the short- and long-term benefits of various investment environments. Also covered: pension and retirement planning. Learn about current pension laws and advantageous tax strategies to support pension planning, plus where to find the money to fund retirement plans. The course also covers best practices for purchasing or transitioning ownership of a practice, how to work with partners or associates, and how to improve the efficiency of your practice. Using our “real life” case studies, this course helps you determine how your practice compares to similar practices, and evaluate how you’re tracking on the path to financial freedom.

Learning Objectives:

  • Determine how to minimize social security taxes, state, and federal taxes
  • Learn how practice ownership better positions you to accumulate and retain wealth
  • Discover the advantages of saving in a tax-deferred environment
  • Illuminate the impact setting realistic goals for your business has on your personal financial goals
  • Identify the right way and the right time to acquire another office
  • Discover the rewards of bringing an associate or partner into the practice when the time is right
  • Learn the importance of having a vision when following a personal and business financial plan

Suggested Audience: Doctors and Spouses
Suggested Format: Full or Partial Day; Lecture, Keynote

Is your dental practice and your personal financial plan ready to bring in an associate/partner? Do you know what you are going to buy/sell? Do you know the questions you should be asking your potential new partner?

Entering a partnership or transitioning dental practice ownership can be a wonderful financial opportunity for both parties. It can also create positive change in the office with growth and mentorship opportunities. Developing a seamless partnership structure, however, requires great planning on the established doctor’s part as they lead the way, making a vast majority of the critical decisions and changes necessary to be successful. Unfortunately, we’ve also seen how failure to follow a well-established plan has the opposite effect, leading to failed partnerships. Discover how fair and equitable partnerships are formed in order to foster long-term success.

Course participants will receive a thorough outline of considerations to analyze when contemplating partnerships. Finding a buyer for the practice and getting a fair value are simply two parts of a larger equation. Learn how to position yourself financially to sell a portion or all of the practice and gain a keen understanding of how it all impacts your financial future. Learn what portion of the practice to transition based on both doctors’ average collections. We will also explore the emotional side of the buying and selling process from the perspectives of doctors on both sides.

Learn the answers to these questions and much more!
Will a bank finance this transaction?
What corporate structure should we set up to make the deal work?
How do I minimize the tax liability during the sale of my practice?
When do we expand and how will it change the valuation of the practice?
What if the staff doesn’t like the new doctor?

Learning Objectives:

  • Learn the step-by-step process that produces successful, equitable partnerships
  • Determine if it makes financial sense to buy in as an associate
  • Discover how much income you will have to give up when you bring in a partner
  • Pinpoint when to acquire a valuation of the business and what to expect
  • Learn how to split the money when procedures and collections amounts differ among providers

Suggested Audience: Doctors and Spouses
Suggested Format: Full or Partial Day; Lecture, Keynote

Working as an associate for someone else may seem like a good option to the new dentist – go to work, make money, pay down school debt – while someone else runs the business.

The owner dentist, however, will make significantly more money while also building equity in the business. By comparison, millions will be left on the table over a 30-year period of working in corporate dentistry.

Dentistry is changing rapidly! This high-energy lecture will leave all audience members fired up and crystal clear on why ownership is the way to go.

We will discuss why this becomes an emotional rather than a business decision for so many, and how massive school debt often obscures the big picture. The course provides a realistic view of ownership versus being an employee. We will weigh the risks, consider debt, and evaluate options associated with opening a practice, entering a partnership, buying an existing practice, or working as a partner in a corporate dentistry environment. This lecture illuminates the path which a new dentist should take which leads to long-term personal and financial success.

Course Objectives:

  • Understand how much an owner profits from having an associate
  • Gain realistic expectations for ownership through case studies
  • Learn how associates are leaving millions on the table when not owning a practice
  • Know the key elements before purchasing a practice: location, type of practice, type of transition, price, age of equipment, etc.
  • Hear a proven plan to efficiently create opportunities for you to find the right practice for you

Suggested Audience: New Dentists, Dental Students, Associate Dentists
Suggested Format: Half Day; Lecture, Keynote

“If you do not change direction, you may end up where you’re heading,” cautions philosopher Lao Tzu.

Here’s the way I say this to new CWA clients who still have trepidation about financial planning. “There’ll never be a time better than right now to start changing your financial future.”

Dan is managing partner at Cain Watters & Associates (CWA), a Dallas-area CPA/RIA firm providing tax and accounting services, ongoing financial monitoring, investments solutions, practice valuations and transition services, and estate planning. At CWA, he has designed financial plans for hundreds of dental professionals across the country, helping them take full advantage of their earning power. Additionally, Dan oversees operational and organizational aspects of the firm’s business.

After graduating with a Business Administration ñ Accounting degree from Kansas State University, Dan began his career at international accounting firm KPMG before joining CWA. He is a Certified Public Accountant, Investment Advisor Representative and holds an AICPA Personal Financial Specialist designation. He is a member of Vistage International, American Institute of Certified Public Accountants, and both Texas and Missouri Society of CPAs.

Dan regularly lectures to dental organizations, study clubs, associations, and investment symposiums nationally and writes for industry publications on dentistry trends as well as business and financial challenges dentists face daily. His hard-hitting, high-energy style, infused with intimate knowledge of the business systems that make practices successful, resonates with audiences, equipping and empowering them to move their practice and personal financial goals forward.

  • Allegheny Restorative Dental Club
  • American Orthodontic Society
  • Central Carolina Dental Continuum Study Club
  • CWA Practice Transitions Seminar
  • First District Dental Society
  • Inland Northwest Dental Conference
  • Invisalign Expo National Meetings
  • Kentucky Dental Meeting
  • Mississippi Dental Association
  • Fourth District
  • North Dakota Dental Association
  • Rocky Mountain Dental Convention
  • Seaside Study Club
  • Seattle Study Club National Symposium
  • SWSPD Annual Winter Ski Meeting
  • The Southwest Academy of Comprehensive Dentistry Study Club
  • Third District Dental Society
  • Thunderbird Study Club
  • Triple Win Study Club
  • Washington State Society of Periodontist
  • Windy City Seminars
Why choose Dan?
  • Dan regularly lectures to dental organizations, study clubs, associations, and investment symposiums nationally.
  • Dan has designed financial plans for hundreds of dental professionals helping them take full advantage of their earning power.
  • Dan is managing partner at Cain Watters & Associates (CWA), a Dallas-area CPA/RIA firm.
  • He is a Certified Public Accountant, Investment Advisor Representative and holds an AICPA Personal Financial Specialist designation.
  • He writes for industry publications on dentistry trends as well as business and financial challenges dentist face daily.

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David Black dental speaking
David Black dental speaking