What New Millennium Group does

New Millennium Group is a privately held, SEC-registered investment advisory firm operating under the consumer-facing trade name "The Retirement Income Store®." Founded in 2014 and headquartered in Sandy, Utah, the firm serves individuals planning for or already in retirement across Utah and Washington, with four physical offices in Sandy, St. George, Clearfield, and Spokane.

The company's product surface is a suite of retirement-centric advisory services: Retirement Planning, Tax Planning, Social Security Maximization, Estate Planning, IRA Rollover Services, and Investment Services. Delivery is supported by a standardized digital stack — Riskalyze for risk-tolerance profiling, Calendly for consultation booking, Jotform for secure document exchange, RingCentral for client texting, and reCAPTCHA for bot protection — overlaid on a consultative face-to-face sales model anchored in a free 15-minute initial consultation.

The business model is a recurring-fee Registered Investment Advisor charging advisory fees on managed individual client portfolios. Go-to-market is sales-led and consultative, targeting pre-retirees and retirees in the Mountain West through educational website content, risk-assessment lead capture, and local office presence. Revenue figures, AUM, and headcount detail are not publicly disclosed.

Name

New Millennium Group

Legal name

New Millennium Group

Website

https://yournewmillenniumgroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

New Millennium Group is a privately held SEC-registered investment advisor serving pre-retirees and retirees across Utah and Washington with retirement, tax, Social Security, estate, and investment advisory services from four offices under The Retirement Income Store® brand.

Ownership category

akta.pro rank

Product category

Retirement and Wealth Management Advisory Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE)

akta.pro secondary industries

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Retirement Plan Participant Advice & Managed Accounts (FSAEABAF)

Keywords

• Retirement income planning
• Investment advisory services
• Wealth management
• Estate planning services
• Financial planning advisory

Headquarters

HQ city

Sandy

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Advisory Services: The firm operates as a Registered Investment Advisor with the SEC, offering investment advisory services to individuals. Revenue is generated through advisory fees for personalized financial planning, retirement planning, and investment management services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

New Millennium Group is an SEC-registered investment advisory firm that delivers personalized retirement income planning and related wealth management services to individuals, primarily pre-retirees and retirees. Its core offerings include Retirement Planning, Tax Planning, Social Security Maximization, Estate Planning, IRA Rollover Services, and Investment Services, supported by digital tools such as financial calculators, educational guides, and a secure document upload portal.

Product overview

New Millennium Group is a Registered Investment Advisor offering a suite of retirement-focused financial services under The Retirement Income Store® brand. The core offerings include Retirement Planning, Tax Planning, Social Security Maximization, Estate Planning, IRA Rollover Services, and Investment Services—all delivered through personalized advisory engagements. The company supplements these advisory services with digital tools including Financial Calculators and Educational Guides for client education, plus a Secure Document Upload portal for streamlined document exchange.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning services offering personalized financial assessments, tailored savings plans, and investment strategies for individuals approaching or entering retirement who want a single integrated retirement roadmap.
• Tax Planning
• Social Security Maximization
• Estate Planning
• IRA Rollover Services
• Investment Services

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• RiskalyzecoreTechnology or IntegrationRiskalyze is a third-party risk assessment platform integrated into the New Millennium Group website. It provides clients with risk tolerance evaluation tools to help advisors match investment strategies with client risk profiles.
• CalendlycoreTechnology or IntegrationCalendly scheduling platform is used for booking initial consultations and meetings with advisors. Enables clients to easily schedule no-obligation 15-minute consultations.
• JotformsupportingTechnology or IntegrationJotform provides the secure document upload functionality used by clients to share financial documents with New Millennium Group advisors.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Carson Group: RIA-focused wealth management firm and advisor support platform with strong emphasis on retirement income planning. Comparable in retirement-centric advisory value proposition, with additional advisor-services infrastructure.
• Mariner Wealth Advisors: National wealth advisory firm providing retirement, tax, estate, and investment planning to individuals. Closely matches NMG's bundled retirement offering for mass-affluent and retiree clients.
• Edelman Financial Engines: National RIA combining workplace retirement plan advice with personalized wealth management. Overlaps with NMG's retirement income, managed account, and 401(k)/IRA rollover offerings for the same customer segment.
• Fisher Investments: Large independent investment management firm heavily focused on retirement and high-net-worth advisory. Directly comparable business model and target client (pre-retirees and retirees), though at materially greater scale.
• Creative Planning: Large national RIA offering bundled retirement, tax, estate, and investment planning to individuals. Mirrors NMG's full-service retirement-focused advisory model at much larger scale.

Emerging players

• Income Lab: Software platform purpose-built for retirement income planning used by advisors and consumers. Represents a technology-led emerging alternative to traditional retirement advisory services like NMG's.
• Boldin (formerly NewRetirement): DIY retirement planning software with optional advisor matching. Targets the same pre-retiree and retiree segment as NMG and can substitute for parts of its service stack at lower cost.

Broad incumbents

• LPL Financial: Largest independent broker-dealer in the US, supporting thousands of RIAs including retirement-focused practices. Comparable in serving the same advisor-led retirement planning model but as a platform rather than a single firm.
• Schwab Intelligent Portfolios: Robo-advisor from Charles Schwab targeting retirement savers with automated portfolio management. Competes with NMG for the same pre-retiree segment on price and convenience rather than personalized advice.
• Vanguard Personal Advisor: Hybrid robo-advisory service from Vanguard combining automated portfolios with human advisor access for retirement planning. Adjacent retirement-focused offering that competes on cost and brand trust.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NewMillenniumUt
• Facebookfacebook.com/yournewmillenniumgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Millennium Group