wealthMD was founded in 1997 by Philip P. Sallee. Philip’s vision was to provide physicians, their families, and their practices with comprehensive investment and financial advice rooted in an academic approach to investment management. His goal was to offer independent guidance paired with outstanding service. Over the next decade our firm expanded to include clients and offices in numerous states.

Today, wealthMD is solely headquartered and operated out of Louisville, KY. Currently we offer our Private Client Services to individuals and their families nationwide.

In 2009, over conversations with Fidelity and TIAA executives, we were asked to launch our institutional services for professional management of hospital and university retirement plans. Over time we expanded our institutional services to include employees of various hospitals and universities across Kentucky and Ohio.

In 2025, after ten years of collaboration between Philip and Amie Rainwater, RN and Board Member of wealthMD, he launched a new division of wealthMD: retireRN. Amie joined the retireRN team as Nurse Liaison and Chair of the retireRN Nurse Advisory Panel. retireRN is dedicated to providing the nursing community with retirement management, financial guidance, and education.