Our Services

We understand the serious issues business owners as well as highly successful individuals and families face in today’s world, where change and challenge have become the new normal. Our philosophy is to embrace risk with a vision for tomorrow. Lexington Financial/Life Management is a virtual multi-family office. We are a team of inspired professionals committed to delivering ideas and innovation dedicated to serving the needs of today's business owners and families.

“In addition to financial growth, Lexington Financial/Life Management focuses on the growth of the human potential. We guide the owners of closely held businesses and their family members through the process of embracing risk and capturing opportunity. Our objective is to unlock the value of business, build wealth, and preserve family values for generations to come.”

~ Dale E. Veitch, Chief Executive Officer

 

Financial Guidance

At Lexington Financial/Life Management, we believe that your wealth is an ecosystem that is far more than your liquid assets.  Our comprehensive approach considers all of your assets, liabilities, cash flow, and legal structures to ensure that your strategy is aligned with your goals.  We believe that you should always have the ability to view your total financial life .

Our team of professionals work together to provide:

• Financial and Estate Planning
• Investment Consulting
• Comprehensive Financial Planning
• ­Philanthropic Goal Setting and Solutions
• Consolidated Wealth Reporting
• Debt Structure Analysis
• Retirement Planning
• Performance Analytics
• Retirement Plan Consulting

 

Legal

When you talk with one of our team of independent attorneys, who will implement the recommended solutions, you will have the peace of mind knowing that they are interacting with accountants and investment professionals vetted by Lexington. This will ensure Lexington’s recommendations are implemented to take advantage of estate or tax law changes that could impact your overall family and business. Whether it’s for your family or for your business, or the intersection, our team covers every area of legal expertise. Our services include:

• Tax and Estate Counsel
• Estate Planning
• Trust and Trust Protector Services
• Wealth Protection
• Family and Private Business Governance
• Wealth Transfer Planning
• Entity Administration

 

Wellness

The greatest risks that business owners and their families face are health related. At Lexington Financial/Life Management, we recognize the importance of health and wellness to the long-term success of your business as well as your family. That’s why our Alliance Team includes a nationally recognized physician who understands the complex physical and emotional demands of life today.  As a Lexington client, you have access to top-tier health care professionals and can contract them to provide services for you, your family, and your employees. We believe that effective lifestyle management must include the balance needed to achieve success.

 

Real Estate

Most business owners can be challenged by the details involved in real estate acquisition, sale, and management. At Lexington Financial/Life Management, our team of professionals works with you on any aspect of real estate sale and management. Whether your needs are for yourself or a family member, or you are in need of commercial real estate for your business, we have the team to make it happen.

 

Insurance

Protecting the assets that you have worked so hard to accumulate is one of the most important components of Lexington’s spectrum of services. We ensure that all the right tools are put to work for you, your family, your business, and your employees. Our team of professionals have expertise in personal insurance, property and casualty, including cyber security coverage, employee benefits, and retirement plans. We will consult with you on the needs that are most appropriate for your family and your business. Our services include:

• Retirement Plan Consulting
• Insurance Consulting
• Captive Services
• Insurance oversight and analysis

 

Tax

It’s been said, “It’s not what you make, it’s what you keep”. At Lexington Financial/Life Management, we work to ensure that we are taking a comprehensive view of your tax situation – both personally and your business as these are inextricably tied together; reviewing one without the other makes no sense. Our accountants and attorneys are knowledgeable about the latest tax law changes so we can best position your family and your business to be tax smart.

Our Services Include:

• Assurance and Tax
• Tax and Estate Counsel
• Wealth Transfer Planning
• Income and Estate Tax Planning

 

Banking/Lending

A key element in effective personal and business management is the efficient use of banks and lending opportunities. With the bankers that are part of our team, we can consolidate bank financing, where appropriate, and be available to provide creative lending and financing alternatives.

 

Practice Management/Operations

At Lexington Financial/Life Management, the business owners that we work with are self-made success stories. They know their vision and their goals, and they know how to achieve them. However, most prefer not to get bogged down with the details of daily business operations. That’s where we come in. We provide hands on expertise to review, make recommendations, and most importantly implement solutions to make operations more efficient and cost-effective for your business. For some businesses, this many mean outsourcing routine function or changing workflows. We work to remove the hassle of day-to-day operations. Our services include:

• Business Operations
• Business Development
• Practice Management and Outsourced Accounting
• Document Management and Record Keeping
• Budgeting and Bill Paying
• Leadership Succession Planning

 

Information Technology and Security

The reality that many business owners face is that it is hard to keep up with ever-changing technology. “New and Improved” technologies are promoted every day. At Lexington Financial/Life Management, our team of professionals sort through the hype and recommends what is worthwhile and meaningful for your business and your family. We recognize the importance of data security for your business, but we also know how that can impact your family on a personal level. We review all technology and implement solutions that are effective and non-intrusive. For your business, we support outsourced alternatives for systems and data management.

 

Marketing

Business owners have a passion for their business. At Lexington Financial/Life Management, we want to work with you in the development and promotion of your unique brand’s fingerprint. Together with our skilled team of professionals, we work to ensure that your business and family are represented in a positive and inspiring way. We work to thoroughly define all aspects of your brand and its presentation to the public, your peers, your competitors and the public.

 

Valuations

Knowing the value of your business is part of our comprehensive approach to life and business management. It’s key to managing and protecting your illiquid wealth. Moreover, when it’s time to transition out of business, we are there every step of the way to ensure the best valuation, negotiation and transition.

 

Assessments

People are likely the key to the success of your business. Whether the key employee is you or another key personnel, identifying strengths and weaknesses is a key component in determining the best personnel matches. Our thorough evaluation systems, developed, administered, and managed by a psychologist provide the feedback you need to understand and apply the talent on your team. The same is true for your family members and their development into contributing members of your team. Our services include:

• Executive Assessment
• Personal Assessments
• Employee Assessments
• Family Member Assessments

 

Coaching

We believe, and our clients have affirmed, that business coaching is one of the most valuable services that we offer. This has proved to be especially so in today’s continuously changing business environment.  From serving as a sounding board, to providing a reality check, a business coach provides a no-nonsense resource for both business and family issues, and unlike a family member, a business coach provides unbiased input without any of the discomfort of the Thanksgiving dinner gathering. Our executive and family coaching programs provide access to top level, professional coaches.

 

Strategic Planning

It all comes down to having a plan that is meaningful and can be implemented. We take all aspects of your situation: family, business, legal, accounting, taxes, operations, IT, insurance, investing etc. and bring it together for you into one comprehensive and useable plan. Our planning solutions include:

• Family Strategic Planning
• Family Education
• Management of Pre- and Post-transitions
• Succession Planning
• Leadership Succession planning
• Family Meetings

 

Healthcare Transition Services

Among the lifestyle services offered by Lexington, healthcare coordination and transition services have become increasingly important and desired by our clients. In fact, it is so significant, that we have a physician serving on our Advisory Board. Among the services offered to our clients are:

• Identifying concierge physicians to provide medical services as, and when required
• Accessing vetted and highly regarded specialists for serious or complex diseases
• Identifying qualified physicians to oversee treatment across specialties
• Accessing  health care specialists whose role is to develop a healthcare focused strategy to foster a longer and healthier life
• Accessing healthcare providers who use smart phones and other technology to monitor your health over long-distances
• Accessing health insurance specialists to assist in navigating Medicare supplemental insurance alternatives
• Evaluating the desirability of purchasing long-term care insurance
• Vetting and monitoring home health care aides and companions
• Planning for Medicaid nursing home qualification

 

Strategic Philanthropy

Many clients are seeking guidance for charitable giving that can make a difference and often offer an opportunity to be personally engaged with the development of the strategies to provide solutions. Strategic Philanthropy can offer you great satisfaction in making a positive social impact and setting a wonderful example to family and others to establish traditions of giving and volunteering. Lexington understands the importance of your values and purposes of your wealth. We would be pleased to have conversations with you to help develop opportunities to align your philanthropic goals with the financial and social return outcomes you desire.