Advice-Only Financial Planning For Canadian Physicians.
Phynance provides objective, advice-only financial planning.
No sales. No commissions. Just advice.
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We can’t recommend Mark highly enough.
I sincerely believe he is a top advisor in his field.
Mark is the best financial retirement nerd I have ever met.
You Find Yourself Asking Questions Like...
Between demanding careers, complex finances, and conflicting advice, it’s no wonder financial planning feels uncertain.
How Can I Manage My Financial Future With Confidence?
Between rounds, on-call shifts, and running a practice, you don’t have time to decipher the latest tax code changes.
Am I Making The Most of My Income And Corporation?
Salary vs. Dividends. TOSI. Passive income rules. We ensure your corporate structure is building wealth, not just generating tax bills.
I'm Not Sure If I'm Paying More in Taxes Than I Should Be?
You’re doing everything by the book, yet you can’t shake the feeling that the numbers should look different.
How We at Phynance Help Physicians Move Forward
You’ve worked hard to build your career—your financial plan should work just as hard for you. Here’s how we help simplify the complex and bring confidence to your decisions.
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Sincere thanks for being our brilliant financial navigator.
Download Your Free Money Guide Today.
Discover the 12 biggest money mistakes Canadian physicians make—and exactly how to avoid them.
Meet The People Behind Phynance.
From client planning to behind-the-scenes systems, we combine financial expertise and operational precision to give every physician the best possible experience.
Mark is one of the most thorough, competent, caring, and dedicated advisors I have known.
Mark McGrath, CFP®
I help physicians gain control over their finances.
Mark McGrath, CFP®
I've been thinking about money for a long time.
My dad taught me to read stock quotes in the newspaper (remember those?) when I was ten. Back then, they quoted stock prices in fractions instead of decimals!
We competed against each other, picking stocks and checking the paper each day to see who was in the lead.
Sometimes, I even beat him.
He taught me that if you don't control your money, your money will control you.
And that stuck.
Manage your money, and you create opportunities. Ignore it, and you'll find your choices made for you.
It's a lot like chess. Fail to plan ahead, and soon you're frantically moving your king around to avoid checkmate. You've lost control of your pieces and have run out of options.
There are more unique chess game combinations than there are atoms in the universe. It's impossible to foresee every outcome, and the optimal game is only knowable in hindsight. The best players think several moves ahead but are ready to react to unexpected moves at all times.
Personal finance is the same. We can't see every future possibility, but we can plan ahead. And when life throws us curveballs, how we react makes all the difference.
But unlike chess, playing well means making your dreams a reality.
I haven't seen it all, but I've seen a lot. Over the past 15 years, I've worked with over 500 physicians and their families, helping them take control of their money and make sound financial decisions around portfolio management, retirement planning, tax planning, estate planning, and risk management. I've also coached over 250 financial planners on delivering high-quality, meaningful financial planning advice.
I was a co-host of the renowned Rational Reminder podcast, am the co-author of the new book "Wealthier: The Investment Field Guide for Canadian Millennials" with NYT Bestselling Author Dan Solin, and am a contributing author to FP Canada Institute's Technical Education programs, a prerequisite for students pursuing the CFP designation. I've shared my insights on dozens of industry podcasts, including the Wealthy Barber Podcast and Money Made Simple with Bruce Sellery, and am a frequent contributor for various publications like the Globe and Mail, Globe Advisor, and MoneySense. I'm a two-time speaker at the Physicians' Financial Independence Conference and the Institute of Advanced Financial Planners' annual Symposium, as well as several other financial conferences.
When I'm not nerding out on personal finance, I'm usually hanging out with my incredible wife, Denise, and our beautiful young children, Noah and Emilie.
Denise Cochegrus Jaime
Systems engineer, data geek, and process optimizer.
Denise Cochegrus Jaime
I'm a math and data geek, and my idea of a good time is spending a whole day inside a spreadsheet. I’m not a financial planner, in the traditional sense - I’m a Systems and Industrial Engineer. I focus on structure, data, processes, and efficiency, not personal financial advice. I spent most of my career focusing on operational strategy, systems improvement, and logistics planning for world-renowned companies like Amazon, Lululemon, C&A, Tentree, and Hershey. At Phynance, I handle processes and infrastructure—the behind-the-scenes frameworks that enable Mark to do a great job with our clients.
Because whether you’re planning global supply chains or boutique financial planning services, your success often hinges on the strength of your systems.
When I’m not busy streamlining processes and building workflows for Phynance, I’m usually spending time with our children, watching American Football or Formula 1 (go Lando!), or visiting with my family in Mexico.
A Process Built Around You.
Our process is structured, transparent, and designed to give physicians confidence at every step—from the very first touchpoint.
Step 1 | Data Gathering
We begin by collecting the key details needed to understand your full financial picture. You’ll complete a guided intake form and securely share your information through document uploads and trusted third-party tools. This ensures we start with accurate, complete data.
Step 2 | Data Clarity
Next, we review everything you’ve submitted and move into the “data clarity” phase. We'll send you an email with any questions or items that need clarification. If something requires a deeper conversation, we’ll schedule a short meeting.
Step 3 | Plan Delivery Meeting
In this in-depth session, we walk through your comprehensive financial plan together. You’ll see where you stand today, explore recommendations tailored to your goals, and understand the potential impact of each decision.
Step 4 | Deliverables
Following the plan delivery, you’ll receive a complete financial plan in PDF format, a prioritized action checklist, and additional supporting materials. These resources give you a clear roadmap to move forward with confidence.
Step 5 | Post-Plan Support
After delivery, you’ll have up to two months of access for questions or clarifications related to your plan. This ensures you feel fully supported as you begin implementing your strategy.
He serves his clients adeptly by providing balanced, helpful, astute, up-to-date, and thoughtful advice tailored to their specific needs.
Our Pricing & Services
No hidden fees, no commissions, no surprises. Our pricing is based on the scope of your planning needs—simple, fair, and built around the value we deliver.
Planning Fees Start At
Understanding your cash flow, budgeting, debt, and day-to-day financial habits.
Reviewing your risk level, portfolio, and asset mix so you can invest intentionally.
Projecting future income needs and testing different scenarios for your retirement.
Identifying ways to structure your finances to reduce taxes over time.
Evaluating your coverage to ensure you’re properly protected.
Reviewing wills, beneficiaries, and how your assets pass to the next generation.
Estimating future education costs and outlining smart savings strategies.
The core planning services are included in every plan, encompassing all items.
Beyond that, pricing will be adjusted based on factors such as:
Our Services
Understanding your cash flow, budgeting, debt, and day-to-day financial habits.
Reviewing your risk level, portfolio, and asset mix so you can invest intentionally.
Projecting future income needs and testing different scenarios for your retirement.
Identifying ways to structure your finances to reduce taxes over time.
Evaluating your coverage to ensure you’re properly protected.
Reviewing wills, beneficiaries, and how your assets pass to the next generation.
Estimating future education costs and outlining smart savings strategies.
We model and align both your finances, goals, accounts, taxes, and risk profiles into one plan.
Determining the right mix of salary and dividends to support your goals and tax efficiency.
Ensuring your corporate investment accounts work with your personal portfolio.
Including your corporation or holding company in long-term retirement planning.
Identifying ways to reduce or defer taxes through corporate structuring and planning.
Evaluating your coverage and estate documents with your corporate setup in mind.
Guidance for structures involving holding companies, trusts, or multiple corporations.
Analysis of rental properties or unique assets for cash flow, tax impact, and strategy.
Support for complex estate approaches such as estate freezes or corporate wills.
Planning for U.S. citizens, U.S. assets, or cross-border tax obligations.
Mark is fully transparent and explains complex topics in a relatable way that allows us to make informed financial decisions.
I have a lot of clarity about my financial future now and that allows me freedom to spend and enjoy my money.
Get On The Waitlist Today
Share your details below and we'll reach out when a spot opens up.
Our FAQs
These FAQs explain how our process works, what’s included, and what you can expect when working with Phynance.
What services do you offer?
We provide advice-only, project-based financial planning for Canadian physicians. Every plan covers core areas like cash flow, debt, investments, retirement, tax, insurance, and estate planning, with additional work for corporations and more complex situations.
Who do you work with?
Our focus is Canadian physicians and physicians-in-training — residents, new-to-practice physicians, and established physicians, whether or not they’re incorporated.
How does the process work?
We begin with a brief introductory meeting to make sure we’re the right fit. From there, you’ll move through our five-step planning process: gathering your data, reviewing and clarifying your information, meeting to walk through your personalized financial plan, receiving your full set of deliverables, and having continued support for questions over the following two months.
How do you get paid?
Do you sell financial products or receive commissions?
No. The work is advice-only. We don’t sell investments or insurance, and we don’t earn commissions, so our recommendations are not tied to product sales.
...there is a reason that I followed Mark–he is an outstanding, evidence-based advisor who is a straight-shooter with his clients' best interests at heart. I never felt I was getting standard generic knowledge that any advisor could give.
Based in British Columbia, Serving Canada.
Phynance operates out of BC and works with physicians across Canada. Our virtual planning model makes it easy to support residents, new-to-practice physicians, and established physicians across the country
Financial Clarity is One Conversation Away.
You treat patients. Let us treat your finances. Book a complimentary call to see if Phynance is the right fit for you.
Our calls are always stress and pressure free—guaranteed!
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