LifeTyme Financial Advisors, LLC

LifeTyme Financial Advisors, LLC is a fee-based advisory firm that provides co-advisory asset management through a third-party manager and non-discretionary ERISA 3(21) services for retirement plans, working with individuals, plans, trusts, estates, and charitable organizations. The firm also conducts no-charge educational seminars and workshops for clients and the public as part of its client services.

Rather than exercising direct portfolio management or trading authority, LifeTyme recommends a third-party platform that implements model portfolios following modern portfolio and efficient market principles; the firm documents client goals in investment policy statements, monitors accounts and provides ongoing client support while the third-party manager handles discretionary execution and custodians retain custody. Reviews are performed at least quarterly and the firm provides liaison services, assistance with platform questionnaires, and periodic rebalancing recommendations.

Distinctive features disclosed in the brochure include the firm’s reliance on a third-party co-advisor arrangement for fee collection and investment implementation (fees are charged through that platform and remitted to the firm) and a formal disclosure of material events affecting senior personnel, including prior bankruptcy filings by a senior compliance officer. The brochure also notes affiliated insurance and marketing businesses tied to firm principals and explains these as potential conflicts of interest addressed through written disclosure, a code of ethics, and client choice about purchasing recommended products.