Derrick Vickery Financial Advisor

Derrick Vickery Financial Advisor CERTIFIED FINANCIAL PLANNER™ Practitioner
I do comprehensive financial planning and investment management.

Securities offered through LPL Financial Member FINRA/SIPC finra.org sipc.org. Investment Advice offered through KPP Advisory Services LLC, a registered investment advisor. KPP Advisory Services LLC and Kentucky Planning Partners are separate entities from LPL Financial.
• Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial

as to accuracy or completeness.
• The financial professionals associated with LPL Financial may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. The information provided herein is for informational purposes only and does not constitute financial, or legal advice. Investment advice in an advisory capacity can only be rendered after delivery of KPP Advisory Services, LLC's disclosure statement (Form ADV Part 2) and execution of an investment advisory agreement between the client and KPP Advisory Services, LLC.

09/11/2026

When it comes to your accounts:

Your beneficiary form usually outranks your will.

Make sure it’s up to date.

09/09/2026

Step 1: Know Your Numbers

Before you can build a budget, you need one thing: clarity.

Start by writing down:

✔ Your monthly take-home income
✔ Fixed bills
✔ Variable expenses
✔ Subscriptions and memberships
✔ Average food and gas spending
✔ Those “random” purchases—yes, Target runs count

Don’t estimate. Look at your actual spending.

You can’t manage what you don’t measure.

09/07/2026

Are You Using the Right Retirement Plan?
Not every small business should use the same retirement plan.

A SIMPLE IRA may offer simplicity and lower administrative responsibility.

A SEP IRA may work well for a business with few or no employees.

A 401(k) may allow larger contributions and more plan-design flexibility.

The right choice depends on:

✔ Your income
✔ The number of employees
✔ How much you want to contribute
✔ Whether you want to help employees save
✔ How much administration you’re willing to manage

Don’t choose a retirement plan simply because it was the easiest one to open.

Choose the one that fits where your business is going.

09/04/2026

Start estate planning before you “feel old.”

That feeling usually shows up too late.

09/02/2026

Why You Need a Budget—Even If You Think You Don’t

Let’s get this out of the way:

A budget is not a punishment.
It’s not a diet.
And it’s definitely not financial jail.

A budget is simply a plan for your money—whether you have a little or a lot.

Without a plan, money has a funny way of disappearing.

With a plan, your money starts doing what YOU want it to do.

Your future self will thank you. 😉

08/31/2026

A profitable business can still run out of cash.

Revenue and cash flow are not the same thing. Customers may pay late, expenses may increase, or equipment may need to be replaced at the worst possible time.

A healthy cash reserve can help your business:

✔ Cover payroll and operating expenses
✔ Handle unexpected repairs or emergencies
✔ Navigate slower business cycles
✔ Avoid relying on high-interest debt
✔ Take advantage of new opportunities

The right reserve will vary by business, but the goal is the same:

Give yourself enough breathing room to make good decisions—even when business doesn’t go according to plan.

08/28/2026

Home equity is great.

But it’s not your retirement plan.

You can’t pay your monthly bills with a paid-off kitchen.

08/26/2026

Is Your Business Your Retirement Plan?
“My business is my retirement plan.”

That may be true—but it shouldn’t be your only plan.

The value of a business can change because of the economy, competition, industry trends, or the owner’s health. Even a successful business may take longer to sell—or sell for less—than expected.

Building investments outside your business can give you:

✔ Another source of retirement income
✔ More flexibility about when to retire
✔ Less pressure to accept the first offer
✔ Financial security that doesn’t depend on one asset

Your business can be part of your retirement plan without being the entire plan.

Had the honor to speak with Kentucky Retired Teachers Association of Pulaski County today. We always enjoy connecting wi...
08/19/2026

Had the honor to speak with Kentucky Retired Teachers Association of Pulaski County today. We always enjoy connecting with local groups and sharing what we do. If your organization would like us to speak at an upcoming meeting or event, please contact us - we'd love to hear from you!

08/16/2026

📉 Every "dip" isn't a disaster.

Sometimes it's a discount. 💰

Market pullbacks can feel uncomfortable, but they can also create opportunities for long-term investors. Keep your focus on the bigger picture. 📈

Address

Somerset, KY
42501

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm
Saturday 8am - 4pm

Telephone

+16066779164

Website

Alerts

Be the first to know and let us send you an email when Derrick Vickery Financial Advisor posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Derrick Vickery Financial Advisor:

Shortcuts

Share

Category