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Optimum Retirement Planning LLC

Updated today

Total assets under management

$85,381,282

Total clients

37

86% high-net worth

Total advisors

1

of 1 employees

Firm size

Independent

1 advisor

Average clients per advisor

37

Average account size

$2,307,602

About

Optimum Retirement Planning serves individual clients, including high-net-worth households, offering ongoing comprehensive financial planning, discretionary investment management, and project-based planning. The firm also provides access to insurance product analysis through a third-party platform, with any insurance sales effected by licensed agents rather than the firm.

The firm primarily builds passive, asset-class portfolios using index funds and ETFs while also applying fundamental, technical, and cyclical analysis to inform allocation and security decisions; accounts are managed on a discretionary basis with regular reviews. Clients receive written financial plans when requested, and the adviser discloses quarterly account reviews and custodial reporting from the chosen custodian.

Compared with many independent advisers, the firm does not charge percentage-of-assets-under-management fees, an uncommon fee choice in this peer group. It manages a substantial amount of assets for a relatively small client roster, operates from multiple office addresses despite a very small advisory team, and reports no third-party commissions or related-party compensation.

Client services

Financial planning Portfolio management

Expertise

General retirement planning Retirement income strategy Cash flow / budgeting College savings (529s, UTMA, etc.) General tax planning

Fee options

Fixed

Project-Based Financial Planning fixed fee ranges from $2,500 to $7,500, negotiable

Other

Account minimum: $500,000 (may be waived at discretion) Fee-only: Project-Based Financial Planning fixed fee ranges from $2,500 to $7,500, negotiable

Main office location

Optimum Retirement Planning LLC

100 S. Saunders Road, Suite 150

Lake Forest IL 60045, United States

Number of offices

4

Most active in

California · Illinois · Louisiana · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

Larry P

CFP®

Libertyville, IL

Optimum Retirement Planning LLC

Hi, I'm Larry Pershing, CFP® RMA®, a flat fee financial advisor. I focus on helping people age 55+ with their retirement planning and investment management needs for a FLAT fee. Having worked in various wealth management firms in my career, I was surprised to discover many firms try to service everyone, which leads them to being average for all. Some are more concerned with amassing client assets than providing customized recommendations. I started Optimum Retirement Planning because I saw a need for specialists to help clients navigate the complex and challenging financial aspects of retirement. Our offering is different. We don’t work with everyone. We specialize in helping those who are close to and in retirement. We apply the latest financial research for retirement to help answer your complex financial questions. Optimum Retirement Planning is a flat fee financial advisor. This means we charge differently than most financial advisors. We offer retirement planning and investment management for a flat fee. For too long retirees have been overpaying for financial advice due to large commissions and/or being charged a percentage of their assets. When I’m not in the office, I’m on a tennis court, reading a book (finance or science fiction), or spending time with family and friends. I also volunteer for AARP sponsored events that help seniors receive complimentary financial advice. While I live in Chicago, I was born and raised in Los Angeles. I return often, especially during winter. You can take the guy out of California, but you can’t take the California out of the guy!

General retirement planning Social Security optimization General tax planning Baby Boomers (Born 1946-1964)
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