Lexington Wealth Management

Wealth Management for
Medical Sales Professionals

Save Time, Get More Organized & Feel Confident

That Your Financial Future is Secure

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

Our unique visual financial planning is the starting point on your roadmap to reaching your goals. Our technology makes planning a breeze, and it will organize all your financial data on one page!

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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.

Helping Medical Sales Pros Thrive

As a medical sales professional you know your finances are complex. You can find lots of information about financial planning and investing. However, medical sales professionals have a unique financial planning considerations that generic financial planning firms don't address. It is rare to find a financial professional who really knows the ins and outs of medical sales pros benefits and concerns. Rarer still to find one who actually does comprehensive financial planning and investment management.

Lexington Wealth Management is unique. We assist medical device and pharmaceutical sales professionals who have worked hard and sacrificed for themselves and their families. Now let us help you maximize your hard earned wealth for what you love most.

Schedule Your Free Consultation

As Featured In

Helping Select Medical Sales Pros Live Out Their Life Aspirations

David Dedman, ChFC®, AIF®, AAMS, AWMA

Founder & President

I'm David Dedman, Chartered Financial Consultant and Wealth Manager with more than 30 years of experience aligning my clients life goals with their finances.

At Lexington Wealth Management, I'm passionate about helping medical sales professionals reduce taxes, invest smarter and retire on their terms.

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.

When I'm not perfecting financial plans, you can find me spending time with my family, indulging in asian cuisine, or cheering on my Kentucky Wildcats.

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

Let's Start Investing in the Life You Want

Our Offerings at Lexington Wealth Management

The solutions we provide are designed to lead you to a successful life. Whether you're preparing for your next chapter or you have a few decades to go, we will develop a personalized plan that addressed the goals and helps you realize them.

Our Capabilities

Investment Management

Retirement Planning

Income Planning

Risk Planning

Cash Flow Analysis

Estate and Trust Planning

Education Planning

Gift Planning

Tax Planning

Workplace Benefits Planning

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

Your Financial Strategy Should Reflect Your Goals

Our version of financial planning includes working closely with you to get to know the details of your situation and the goals you have in mind. With a purposeful wealth plan, you have a path to the life you envision.

Customizing Your Portfolio

Whichever areas you need or prefer to focus on in your account, we’ll tailor your portfolio accordingly

Growth

Income Focus

Protection Strategies

Tax Minimization

Custom ETF/Mutual Fund Models

Life Changes and Transitions

401(K) Allocation Advice

Socially Responsible Investing

Fully Transparent Pricing

Our fees are easy to understand, straight forward, and some of the lowest for the industry average.

Lexington Wealth Management is a fee-only firm. We only receive compensation from the fees paid directly to us by our clients. This means that we receive no compensation from referral arrangements, commissions, fund sales load or other sales-related compensation. As fiduciaries, we serve you with your best interests in mind.

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

Wealth Management for Medical Sales Professionals