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Lifelong Investment Solutions
LIFELONG INVESTMENT SOLUTIONS, LLC is a state-registered investment adviser in SCHAUMBURG, IL. It has 1 employee and 1 investment adviser. The firm is based...
Overview
LIFELONG INVESTMENT SOLUTIONS, LLC is a state-registered investment adviser in SCHAUMBURG, IL. It has 1 employee and 1 investment adviser. The firm is based in SCHAUMBURG, IL.
General information
Firm type
Asset Manager
Frequently asked questions
What is Lifelong Investment Solutions' revenue model and does the firm earn commissions?
The firm operates as a fee-only registered investment advisor, earning revenue solely from asset-based advisory fees calculated as a percentage of assets under management. Form ADV filings confirm the firm receives no commissions, 12b-1 fees, or revenue-sharing payments from fund sponsors. This removes the incentive to place client capital into higher-expense products and aligns the firm's compensation directly with portfolio performance.
Is Lifelong Investment Solutions affiliated with a broker-dealer or wirehouse?
No. Lifelong Investment Solutions files as an independently owned RIA with no parent entity and no broker-dealer affiliation listed on its Form ADV. Advisory personnel report no other business activities, meaning the firm's staff does not split time with a brokerage or insurance practice. This structure insulates the firm from the transaction-based compensation incentives common in hybrid RIA/broker-dealer models.
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