NEW YORK and WALNUT CREEK, Calif. — Earned, a tech-enabled wealth firm focused on supporting healthcare professionals, announced a strategic partnership with Dental & Medical Counsel, P.C. (DMC), a legal firm specializing in medical and dental law. The partnership brings approximately 4,000 doctor clients into Earned’s network and expands the firm’s offering to include legal services tailored to physicians and healthcare practice owners nationwide.
“By integrating DMC’s deep legal expertise, we continue to strengthen our ability to offer a single, specialized platform that addresses the critical financial and legal challenges doctors face, from practice transitions to employment law and estate planning,” said John Clendening, founder and chief executive officer of Earned. “This is a natural next step as we continue to execute on our rapid growth strategy, bringing best-in-class firms into our comprehensive ecosystem.”
DMC’s team of 15 professionals will join Earned’s national organization of more than 215 employees, enhancing the firm’s West Coast operations. The expanded team will provide legal support in areas such as practice transitions, employment agreements, leasing and real estate services, succession planning, and estate planning. DMC serves a diverse group of healthcare professionals including dentists, physicians, and optometrists.
“Joining Earned allows us to amplify our long-standing mission of helping doctors navigate complex legal landscapes so they can focus on patient care,” said Ali Oromchian, founding attorney of DMC. “The team will be able to offer an even broader and more seamlessly integrated range of services and advice to our clients, ensuring they have greater confidence and less stress in managing their practices.”
The partnership marks Earned’s fifth transaction in the past 16 months. The company now serves more than 17,500 clients with $2.4 billion in assets under management. Recent acquisitions include PearsonRavitz, a physician disability and life insurance firm; Schwartz & Schwartz, a New England-based healthcare-focused tax and accounting firm; and Chahal & Associates, a tax and accounting firm. Last year, Earned acquired Thomas Doll, a financial services provider for medical practices, and secured a $200 million growth investment.
“DMC is a great representation of the type of professional services provider we seek for the Earned platform,” said Luke Nowicki, chief development officer at Earned. “Their specific legal expertise complements our platform to add even more value to our clients. We look forward to adding additional service partners of this caliber in the coming months.”
Earned stated it aims to become the go-to partner for doctors looking to build, manage, and protect their financial well-being and the value of their practices. (Source: IANS)
