Retirement Lock Inc. 612-868-2241

Welcome to Retirement Lock Inc. of Clearwater / Saint Petersburg

WHAT WE DO

Retirement Lock Inc. is a Full Service Investment Center.

At Retirement Lock, we provide wealth management and retirement plans for people who are:

1.  Investing for the Future and Retirement.

2.  Entering into Retirement now and need an Income Plan.

3.  In Retirement now, and want to find the best way to Receive Safe and Reliable Income.

4.  Getting older and want to plan the best way to Transfer Their Wealth to their heirs.

5.  Looking to Reduce the amount of Taxes on their Income.

"We understand that people saving for retirement are looking for Honest, Reliable help in guiding them along their investment journey, among all the different investment products on the market today".

Our firm was founded on a goal of providing Protection.  Protection for your Investments, and your Income in retirement. We also help the client understand there are ways to Protect as much of their Wealth that’s Transferred to their Heirs when that time comes, from taxation.

We understand that people are most concerned about outliving their money and how they will get paid in retirement. We understand that for many people, the idea of a locked in, safe, retirement Paycheck that comes in every month, without hassle, without maintenance, without decision making, that they cannot outlive, is up most important to providing piece of mind.

We understand that people saving for retirement are looking for Honest, Reliable help in guiding them along their investment journey, among all the different investment products on the market today.

We understand the worries that many investors and retirees have today with the following:

1. Concerns over Government Spending.

2. Concerns with what the lowest interest rate environment in the last 30 years has done to savers/low risk investors.  What has resulted in the “Quest for yield”.  “How can I get the most interest from my bank, CD, bonds, even Real Estate income”.

3. The Ballooning US National Debt.  “Should I buy Gold? Land”?

4. “Taxes have to go up in the future”.  How can I prepare and protect from that?

Whether you are someone looking to safeguard your income in retirement, protect your nest egg now, grow your portfolio for the future, planning on transferring as much wealth to your heirs, or are just starting out as a young investor, we have solutions tailored to suit your needs.

Mission Statement

Our mission is to help people make the best investment decisions for themselves and their families, that can create the most personal wealth, and to help create a Locked in, reliable, and consistent income that they cannot outlive in their retirement years. In doing this, we strive to ultimately give their lives financial freedom and peace of mind.

Here at Retirement Lock Inc. when you talk to us, our Number One focus is to thoroughly understand your needs and what you’d like to accomplish. We understand that people have different needs and so we don’t try to sell you a generic “product”, or only one kind of investment strategy. We are not product salesmen. We do not have proprietary investments that we are pressured to sell you. There are no quotas here. We are simply here to serve your best interest. We are fiduciaries.

We are an independent full-service financial advisory company. Most every investment type on the market is available to you through our shop. The founder of Retirement Lock is Robert Riley, he has extensive experience in stock markets, bond markets, alternative investments, and real estate. He has been a student of the investment business for the last 26 years. As such, he is qualified to give competent advice on all kinds of investments.

Our Process

1. Find out what you need.

We start by taking as much time as necessary to listen and understand your story. To get to know you and understand exactly what you want to accomplish. What has worked for you in the past, what hasn’t, what are your fears, how do you want to live, what can’t you live without?

2. Develop a strategy and plan for you.

We gather your data, account statements, portfolio positions, and related documents, look over your current portfolio, then take all the objectives you want to accomplish and come up with a recommendation, a strategy, a plan.

3. Implement the plan.

Here we start to implement our recommendations. We’ll meet and explain what we are recommending and why. How does our recommendation accomplish your objectives?

4. Ongoing monitoring and oversight of the plan.

As life goes on, and if needs change, we can make the changes necessary to accomplish your needs. Our client reviews allow for discussions about any changes in your lifestyle, family, and the current market environment.

Who we are / How are we Different?

Our firm Retirement Lock Inc. was conceived from the experiences that founding advisor Robert Riley had early in his career. The origins of our company date back over the last 26 plus years and are based on the principles of honesty, trust, and integrity. Robert’s story is very much unlike most advisors.

You see, most all financial advisors around today got their start by working for insurance companies, or wirehouse stock brokerage companies. As such, those advisors had to sell proprietary products and or bring in a set number of clients or a set number of assets (dollars), by a certain deadline. No matter what! That’s not a good recipe for success. And good planning has not always been practiced. As a result, the industry gets a bad name, and trust is eroded.

Retirement lock’s story is different. Robert’s back ground is unique. He started his career in institutional investment management sales. He represented top Wall Street Mutual Fund companies, and Insurance companies. In those roles, he was responsible for presenting investments and economic insite to the retail stockbrokers and financial advisors, who in turn would offer these investments and insight to everyday investors like you.

Robert’s clients included all the New York wire house firms, regional Broker Dealer firms, Independent Financial Advisor shops, and Bank Representative Advisors. Over the years, Robert has worked face to face with thousands of Advisors and has gone into hundreds of their offices. As a result, Robert understands, and has seen firsthand, that even though there are some good advisors out there, there are still a lot of people that don’t always get the best advice. We strive to take all the good ideas and practices from this experience and eliminate all the bad ones.

"We believe that if you do the right thing for the client, and always work with the highest integrity, it will come back to you tenfold".

What We Do

We leverage our experience and follow sound, proven investment strategies consistent with your risk tolerance and investment objectives. Our investment process is designed to help preserve capital and grow your wealth over all market cycles. We strive to minimize expenses and excessive fees, while maximizing tax-efficiency.

There are so many people that need trusted investment help, that’s the reason why we founded Retirement Lock Inc. After working with thousands of advisors, at most all the large brokerage firms, and seeing how things are there, we decided to go in a different direction. Our approach is to be fully independent, transparent, and to focus our efforts on your best interest. The only people we answer to are you and your family.

Founder / Investment Advisor

Robert Riley

University of Massachusetts, Amherst MA

Master of Business Administration (MBA)

Westfield State University, Westfield MA

Bachelors of Science Business Administration 

Professional registrations include Series 7, Series 63, and Series 66.  Also Life, Health, and Variable Annuity license with the state of Florida.

Fidelity Investments, Boston, MA

Financial Consultant

· Responsible for Financial Planning for all clients in working years, going into retirement now, and in retirement. Focus on investment strategies, income strategies and tax efficient strategies.

· Responsible for 400+ clients, $240 Ml. AUM.

JP Morgan Asset Management, New York, NY

Vice President, Regional Sales Manager

Greater Minneapolis-St. Paul Area

External Wholesaler of JP Morgan mutual funds and separately managed accounts to the wirehouse channel in MN, WI, IA, SD, ND, MO. Clients include; Merrill Lynch, Morgan Stanley/Smith Barney, UBS, and Wells Fargo. Responsible for branch office meetings/ presentations, broker one on one meetings, end client meetings, client seminars. Extensive Equity, Fixed Income, and Alternative Investment markets focus (equity market neutral, long short strategies, commodities and hedging strategies).

Extensive focus on Economy, Interest Rates, and Global Economic Concepts and how they relate to investment decisions for Advisors and their clients. Competent communicator of a Consultative Sales Approach using all of the firms sales aids and resources, including the Weekly Market Commentary, Quarterly Market Commentary and White Papers. Responsible for 200 ml.+ in annual sales.

Allstate Insurance Company, Northbrook, IL

Vice President Regional Annuity Sales Director

Greater Minneapolis-St. Paul Area

External Wholesaler Responsible for variable, and fixed annuity sales in MN, WI and N. IL, focusing on independent and regional broker/dealer firms. In depth focus on living benefits, GMIB’s, GMWB’s, death benefits, and retirement income. Number 1 wholesaler in company in 04’ for Allstate’s top feature (Co-annuitant). Successfully developed and delivered value-added presentations providing business-generating ideas to financial advisors. Designed and delivered insurance continuing education courses for financial advisors in Minnesota and Wisconsin. Achieved highest number of courses and attendees of all team members nationally.

Putnam Mutual Funds, Boston, MA

Vice president Regional Annuity Sales Director – External wholesaler

Regional Marketing Associate – Internal Wholesaler