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Wealth Management for
Medical Sales Professionals

Medical Sales Professionals face a distinct set of challenges
and have worked hard to get where they are today. We
understand and have helped navigate many of these
financial complexities that you too, may be facing. We will
utilize your wealth to free up time for your family, practice,
and what you love most.


START HERE

 Why Medical Sales Professionals?

We're passionate about serving Medical Sales Professionals . Why? We firmly believe you are working hard and making a lot of critical decisions. You're paying off student loans, building a career, growing a family, and planning for financial independence. Too often, medical sales professionals are busy growing their practices and put off taking a closer look at their finances. Unfortunately, losing the biggest advantages of time and compounding wealth. When you develop a plan early, you can leverage your wealth to live an exceptional life now and in the future.


What Makes Us Better


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Financial Coaching

We don't just invest money, we coach. Everyday, with every piece of advice we empower you to live wealthy. You are at the center of everything we do - always coaching you towards your real life goals.

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Visual Planning

We're serious about your success. Our unique visual financial planning is the starting point on your roadmap to reaching your goals. No 100 page plans here! Just one or two pages that are clear and to the point.

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Fiduciary Advisors

We are fiduciaries. As fiduciaries we are legally bound to place your interests ahead of ours at all times. We only recommend planning and investment strategies that are in your best interest.



Dedicated to Helping Medical Sales Professionals Thrive

Our clients come to us with a variety of financial challenges and questions. Here's how we can help diagnose and then prescribe.

  • Reviewing challenges like student loan debt, overspending, or feeling unorganized financially and offering solutions to get back on track
  • Offering solutions to help you prioritize your goals and work toward them
  • Evaluating big financial decisions together as they come up, and modifying your plan if necessary
  • Planning for the future, whether that's a short term goal in a few years, or retirement a few decades away


Schedule your Get to Know Call

As Featured In


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About

David Dedman, ChFC®, AIF®, AAMS, AWMA Photo

David Dedman, ChFC®, AIF®, AAMS, AWMA

Founder & President


So, who is David Dedman and how can he help me?

I’m the founder of Lexington Wealth Management in Lexington, KY. I am a Charted Financial Consultant (ChFC), Accredited Investment Fiduciary (AIF), Accredited Asset Management Specialist (AAMS) and Accredited Wealth Management Advisor (AWMA). I'm passionate about working with medical sales professionals to create financial plans that take complex money issues and simplify them. 

I'll partner with you to solve your greatest financial challenges. As a medical sales professional you have an opportunity for long-lasting financial health, but that depends on using the right strategies as early as possible. I'm dedicated to helping you do just that, with my three beliefs. I believe in creating a financial plan that will be the blueprint for every financial decision you make. I believe in coaching you everyday, with every piece of advice. As a fiduciary, I believe in placing your interests first at all times. 

My biggest goal is to utilize your wealth to free up time for your family, your practice, and what you love most.

Some fun facts about me...

  • I served in Iceland and Guantanamo Bay, Cuba in the Navy
  • I was accepted into art school
  • I collect world currency
  • I’m a huge Kentucky Wildcats fan
  • My two best friends are labrador retrievers, Daisy and Lucy
  • I have an obsession with ice cream
  • Favorite date night is a fire pit in the back yard with my wife
  • I love cruises with my family

SCHEDULE A CALL WITH DAVID

Solutions

If You're Feeling...

  • Like you don't have time to do it all yourself
  • Eager to reach certain goals like reducing taxes, retirement or your kid's education
  • Concerned about doing the right thing for your finances
  • Uncertain how to balance your financial success with your lifestyle today and tomorrow

...Then Let Us Help


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We stay in contact with calls, meetings and email updates, so you know how you are progressing toward financial independence.

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We believe that no matter the size of your portfolio, you deserve high quality planning and advice.

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We avoid commission products and implement strategies that are in your best interest for a flat fee.

Wealth Management Services We Offer Include:


  • Retirement Planning
  • house iconEstate Planning
  • paper iconInvestment Management
  • money iconCash Flow Planning
  • user iconInsurance Planning
  • book iconEducation Funding
  • briefcase iconWorkplace Benefits Planning
  • cions icon Financial Goal Planning


Three relationships to help you work toward your dreams.


Wealth Builder

For aspiring professionals and growing families with less than $350k in AUM.

For many young professionals, subscriptions have become a way of life. Most of us pay for our music, movies, exercise and more through monthly subscriptions. Now you can add financial advice to the list.

Lexington Wealth Management now offers a monthly subscription relationship tailored to the planning and investment needs of young professionals through Wealth Builder.

  • A comprehensive financial plan addressing the basics like emergency fund needs,  life and disability insurance, and estate planning. In
    addition to the basics the plan also addresses college planning, retirement planning and more depending on your needs.
  • An annual meeting to ensure you are on track.
  • Portfolio management by LWM. 
  • Asset Allocation recommendations for employer-sponsored retirement plans (401(k), 403(B) and 529s).
  • Ongoing consultation through the year via phone, video conference or email.

    Fee Schedule: $500 initial planning fee, then a $150-$300 monthly fee plus 0.50% Assets Under Management, if desired.

Wealth Management

For those with dynamic life, family and financial needs and over $350k in AUM. 

The Wealth Management relationship at Lexington Wealth Management is designed for clients with complex needs like planning for an upcoming retirement, living on their investments, reaching a high net worth, and dynamic family situations.

  • A comprehensive no-cost financial plan addressing investing, insurance, tax planning, college funding, retirement planning, charitable donations and more depending on your needs.
  • A minimum of two meetings a year with additional meetings included when needed.
  • Portfolio management by LWM. 
  • Asset Allocation recommendations for employer-sponsored retirement plans (401(k), 403(B) and 529s).
  • Ongoing consultation through the year via phone, video conference or email.

    Fee Schedules Based on Assets Under Management: $350,000-$1,000,000 at 1%  •  $1,000,000-$3,000,000 0.75%  •  $3m and over 0.50%

Wealth Vest

If Wealth Builder or Wealth Management are not a good fit, but we both agree working together makes sense, we offer an investment-only relationship. But this differs from a traditional "do it yourself " relationship.

Portfolio management is the same as Wealth Builder, but there is no planning relationship.

We want you to succeed and still help, with the goal of seeing you join us with Wealth Builder or Wealth Management in the future. We will provide a weekly newsletter, one meeting per year and ongoing consultation through the year via phone, video conference or email.

Fee Schedule:  0.50% Assets Under Management



Schedule Your First Call

Process

A Better Way to Make Financial Decisions

Our visual financial planning will allow you to see your entire financial picture on one page. With our mind map-like diagramming you’ll have clarity like never before, and the result - better decision making about your future.





Our Simple But Powerful Process


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Discovery

This is where we get to know you, your goals and your finances. Our tool is called the Discovery Interview, it allows us to collect the data and find out what’s on your mind.

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Plan

Once we learn about your unique situation, we create a visual financial plan. Reviewing it together, allows us to find opportunities and identify areas that need immediate attention.

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Implement

Your goals and the visual plan will lay out the course of action. It will allow us to select strategies, resolve problems, and ultimately help you reach financial independence.


Start Planning

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Contact

Connect with Us

If you want to learn more, and you think we are a good fit, schedule a call with us. You can also fill out the form below. There's no cost, no obligation, just a conversation!