Retirement Lifestyle Consultants Wealth Management

What Retirement Lifestyle Consultants Wealth Management does

Retirement Lifestyle Consultants Wealth Management (RLCWM, d/b/a RLC Wealth Management) is a privately held, independent financial advisory firm founded in 2016 by Nick Thomas and headquartered in Plano, Texas. The firm delivers holistic wealth management through six core service lines: Accumulation Planning, Retirement Planning, Estate Planning, Risk Management, Business Planning, and Taxation Services. Its primary target market is affluent individuals planning for or in retirement, with a secondary focus on business owners and executives seeking coordination between personal and business financial planning. The firm employs four staff, including one CFP®-credentialed advisor, and operates from a single Dallas-Fort Worth area office with no disclosed geographic expansion beyond Texas.

RLCWM's operating model is built on affiliation with Commonwealth Financial Network, a dually registered investment adviser and broker/dealer that provides back-office infrastructure, compliance supervision, technology platforms (Investor360°, Wealthscape Investor), market research, and access to National Financial Services (a Fidelity subsidiary) for clearing, custody, and SIPC-protected account servicing. The firm markets itself as completely independent with no proprietary product quotas, emphasizing fiduciary-style consultative planning over product sales. Client acquisition is relationship-led via website inquiries, referrals, and community networking, supplemented by a content marketing program that includes financial calculators, educational videos, and quarterly market update newsletters.

Revenue is generated through fee-based advisory services billed annually, with specific fee schedules not publicly disclosed and tailored to individual client needs. The firm earned Commonwealth's President's Club Advisor distinction in 2023, placing it in the top ~12% of affiliated advisors by annual production. There is no evidence of external funding, institutional ownership, M&A activity, or inorganic growth initiatives; the firm appears to operate as a bootstrapped lifestyle practice with controlled, organic expansion of its service portfolio and team.

Name

Retirement Lifestyle Consultants Wealth Management

Legal name

Retirement Lifestyle Consultants Wealth Management

Website

https://rlcwm.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Retirement Lifestyle Consultants Wealth Management is an independent Plano, Texas-based financial advisory firm serving affluent individuals planning for or in retirement, with a four-person team delivering holistic wealth, estate, tax, and business planning services through Commonwealth Financial Network.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Retirement & Pension Planning (401(k)/IRA) (FSAEAAAD)

akta.pro secondary industries

Comprehensive Financial Planning (FSAEAAAA), Estate & Legacy Planning Advisory (FSAEAAAG), Discretionary Portfolio Management (Retail) (FSAAAAAH)

Keywords

• Retirement planning services
• Wealth management advisory
• Estate planning services
• Investment advisory firm
• Financial planning consulting

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Advisory Services: Fee-based financial advisory services provided through Commonwealth Financial Network. Services include investment management, retirement planning, estate planning, risk management, business planning, and tax planning. The firm is independent and not obligated to recommend proprietary products.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Retirement Lifestyle Consultants Wealth Management is an independent Registered Investment Adviser that delivers fee-based holistic financial planning through six integrated services: accumulation planning, retirement planning, estate planning, risk management, business planning, and taxation services. The firm serves affluent individuals approaching or in retirement, as well as business owners coordinating personal and business financial goals, executing advisory and insurance services through Commonwealth Financial Network.

Product overview

Retirement Lifestyle Consultants Wealth Management offers a holistic wealth management platform providing six integrated core services: Accumulation Planning, Retirement Planning, Estate Planning, Risk Management, Business Planning, and Taxation Services. These services are delivered through a personalized, client-focused approach with supplementary resources including Financial Calculators, Client Videos, Market Updates, and Financial Guidance Articles. The firm operates as an independent Registered Investment Adviser affiliated with Commonwealth Financial Network, offering comprehensive financial planning and investment management for pre-retirement, early retirement, and post-retirement stages.

Differentiator

Problem solved

Functional benefit

Products and services

• Accumulation Planning Addresses individual investment needs, asset allocation, and suitability of different securities based on goals and risk tolerance, including alternative investments and portfolio construction for clients building wealth toward retirement.
• Retirement Planning Evaluates a client's current financial standing and creates an accumulation strategy for their desired retirement lifestyle, addressing growth, tax-efficient distributions, and wealth transfer to the next generation.
• Estate Planning Creates a master plan for property management during life and distribution at death, addressing wealth transfer, tax mitigation, asset protection, and charitable giving for individuals and families.
• Risk Management Minimizes financial losses associated with risks to assets, business, or health through identification, avoidance, mitigation, and insurance strategies for individuals and business owners.
• Business Planning Focuses on issues specific to business owners and shareholders, including risk management, distributions, executive compensation, and succession planning, integrated with personal financial planning.
• Taxation Services Considers tax implications of individual, investment, or business decisions with the goal of minimizing tax liability through income deferral, deduction planning, and investment tax planning.

Quantifiable outcome

• Clients receive objective investment advice free from pressure to sell proprietary products

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Commonwealth Financial NetworkcoreTechnology or Integration · 1 January 2016Commonwealth is a dually registered investment adviser and broker/dealer that provides the back-office infrastructure for RLCWM. As of December 31, 2024, Commonwealth oversees $344 billion in total account assets. Commonwealth provides technology platform (Investor360°, Wealthscape), market research, compliance supervision, transaction processing, and access to a wide universe of investment options including stocks, bonds, mutual funds, ETFs, alternative investments, and managed accounts.
• National Financial Services LLC (NFS)coreTechnology or IntegrationNFS, a subsidiary of Fidelity Investments, provides clearing, custody, and brokerage services to Commonwealth. NFS is subject to SEC, NYSE, FINRA, and other exchange regulations. NFS provides SIPC protection plus excess of SIPC coverage up to $1 billion aggregate, with no per-customer dollar limit on securities coverage.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Emerging players

• Wealthfront: Leading robo-advisor offering automated investment management, retirement planning, and tax-loss harvesting at low fees. Competes for the same affluent retirement demographic through a fully digital platform, pressuring traditional RIAs on price.
• Empower Personal Dashboard: Hybrid digital wealth management platform (formed via Empower's combination with Personal Capital) serving affluent individuals with retirement planning, portfolio management, and financial planning tools. Emerging competitor for the same affluent retiring demographic.
• Facet Wealth: Digital-first hybrid RIA targeting mass-affluent and affluent clients with retirement, tax, and estate planning. Targets the same affluent retirement-planning demographic as RLCWM but through a hybrid digital model at lower price points.

Broad incumbents

• Creative Planning: Major independent RIA offering comprehensive wealth management—including retirement, tax, estate, and business planning—to affluent individuals and business owners. Vastly larger than RLCWM but operates a similar holistic, fee-based independent advisor model.
• Edelman Financial Engines: Largest independent RIA in the U.S., heavily focused on retirement planning and wealth management for mass-affluent and affluent households. Much larger scale than RLCWM, but directly comparable in its retirement-centric, independent advisory positioning.
• Fisher Investments: Large independent RIA serving high-net-worth and affluent households with discretionary portfolio management and retirement-focused advice. Comparable independent structure and affluent retirement-planning customer base, though at materially greater scale.

Direct peers

• Buckingham Strategic Wealth: Independent RIA focused on evidence-based financial and retirement planning for affluent clients. Closely comparable to RLCWM in independent structure, holistic planning scope, and affluent retirement-focused customer base.
• Hightower Advisors: RIA partnership platform where independent advisor teams leverage shared investment, technology, and compliance infrastructure—directly analogous to RLCWM's affiliation with Commonwealth. Serves similar affluent retirement-focused clientele.
• Carson Wealth: Independent wealth management firm offering holistic retirement, tax, estate, and business planning to affluent individuals and business owners. Comparable service mix, independent RIA structure, and target customer profile.

Others

• Commonwealth Financial Network: Independent broker-dealer and RIA sponsor (overseeing $344B AUA) that provides the technology, custody, compliance, and research backbone for RLCWM and over 2,000 affiliated advisors. RLCWM's core infrastructure partner and most relevant ecosystem reference point.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/retirement-lifestyle-consultants-wealth-management

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 Retirement Lifestyle Consultants Wealth Management