Lifecare Retirement Solutions Inc.

LifeCare Retirement Solutions, Inc. is a solo, state‑registered advisory firm that primarily serves individual clients through fee‑based financial planning and consulting and maintains a small client base. The firm does not act as custodian and does not directly manage client assets; planning engagements are offered on an hourly or fixed‑fee basis and address topics such as wills, estate and trust matters, taxes, retirement income, Social Security, long‑term care and Medicare/Medicaid.

When ongoing portfolio management is appropriate, the firm refers clients to SEC‑ or state‑registered third‑party money managers and acts as a liaison—assisting with paperwork, monitoring manager performance, and reviewing quarterly statements—rather than exercising trading discretion itself. Clients pay the managers’ advisory fees directly, and the firm receives referral fees and an ongoing portion of those fees as disclosed in client agreements.

Distinctive features include the firm principal’s licensed insurance practice, to which roughly half of the principal’s time is devoted and for which the principal receives commissions, a disclosed conflict of interest relative to investment recommendations. The firm also discloses referral and incentive arrangements with third‑party managers (including participation rates tied to adviser AUM thresholds), and, unlike most independent solo advisers, it does not provide direct portfolio management or charge percentage‑of‑AUM fees itself.