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PodcastArt of Dental Finance & Management Podcast

How Dentists Can Navigate Uncertainty in the Financial Markets

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In early April 2025, for the first time in the history of the New York Stock Exchange, the Dow Jones Industrial Average dropped more than 1,500 points in two consecutive days. This sudden shift has left many investors feeling uncertain about the future.

In this timely episode of “The Art of Dental Finance and Management,” Art is joined by Jim Davenport, Partner and Managing Director at Beacon Point Wealth Advisors. Together, they explore the current market volatility and its effects on dentists. Jim shares valuable insights on portfolio diversification, the performance of international stocks, and the role of gold and precious metals in investment strategies. He offers practical advice for dentists on managing their retirement and other funds during these unpredictable times, highlighting the importance of understanding market corrections. This episode is a must-listen for dentists seeking clarity and guidance in today’s financial landscape.

Serving dental professionals for 35 years, Art Wiederman, CPA, is director of dental practices for Eide Bailly, one of the nation’s leading CPA firms. With special expertise in dental practice metrics and benchmarks, he oversees a variety of services, including accounting, tax and financial planning, retirement planning, and financial practice management. In addition to his podcast, Wiederman lectures nationally on dental accounting and financial management. He can be reached at awiederman@eidebailly.com.


As Managing Director and Partner with Beacon Pointe, Jim is responsible for counseling clients with their wealth management decisions, particularly in the area of investments. Prior to joining Beacon Pointe Advisors, Jim worked in Wells Fargo Advisor’s Private Client Group, marketing the firm’s wealth management services to new clients and enhancing existing client relationships. He serves on the advisory board for Big Brothers Big Sisters-Inland Empire and also is a member of both the Endowment Council Chapman University and Leaders, Executives, and Directors; Advancing Philanthropy (LEAD-OC).


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