Biography of Randy Sevcik
Randy Sevcik is the founder of Elite Group Retirement Services (EGRS), an independent agency based in Long Grove, Illinois. The agency’s mission is to help clients safeguard their life savings through the use of annuities, privatized pensions, and retirement income solutions. These strategies are designed to supplement Social Security, reduce taxes, promote steady growth, and provide 100% protection of assets. Since establishing EGRS in 2012, his focus has been to address a gap in the financial services industry by creating retirement income plans that are guaranteed, easy to understand, and tailored to each client’s individual needs and long-term goals.
Since its founding, he has worked with more than 300 clients.
Randy holds a Bachelor of Arts degree in Education from the University of St. Thomas in St. Paul, Minnesota, a private Catholic research university founded in 1885.
Personal Experience as the Motivation Behind Elite Group Retirement Services
His motivation for entering this profession began with personal experience At the age of five, Sevcik lost his father unexpectedly As the youngest of seven children, he watched as his family’s financial security quickly deteriorated due to poor estate planning and the sudden loss of income This created an atmosphere of uncertainty and hardship that left a lasting impact on him
These early challenges inspired him to pursue a career that would allow him to help others avoid similar difficulties. He became a retirement advisor, licensed financial professional, and retirement income planner, ultimately leading to the founding of EGRS From the beginning, his mission has been to guide clients toward building a secure financial future and protecting them from the kinds of obstacles his own family endured.
Approach with Clients
Randy approaches each client relationship with the belief that the strongest retirement decisions are made within the structure of a comprehensive retirement income plan Every case is guided by three core principles: maximizing retirement income, minimizing potential asset loss, and developing a personalized legacy plan This method enables him to gain a deep understanding of a client’s situation and create a practical action plan to achieve their retirement objectives.
Over the last five years, his knowledge in retirement income planning including wills, trusts, tax strategies, and preparation—has been featured in multiple television interviews.
Key Services Offered
EGRS offers services designed to help clients prepare for and enjoy a financially secure retirement. The primary services include:
● Personal Retirement Planning – Reviewing current finances, including savings, investments, and pensions, to create retirement goals that are achievable and aligned with the client’s needs.
● Guaranteed Income Solutions – Identifying insurance or financial products that provide a steady lifetime income while ensuring the principal is not at risk.
● Tax & Cash Flow Management – Using modern tools to handle IRA rollovers, Roth conversions, and required minimum distributions with an emphasis on reducing tax liabilities
● Risk Mitigation and Protection – Recommending strategies to prepare for long-term care needs, address the effects of inflation, and protect assets for future generations.
Providing Planning Tools and Information
Clients have access to various planning tools, including financial calculators that serve as educational aids for estimating answers to common financial questions, provided for illustration purposes only A tax library is also made available to help with planning and preparation for each tax season
Sevcik also provides curated educational materials from respected publications such as The New York Times, Entrepreneur Magazine, The Guardian, Financial Times, Forbes, and Business Insider. These resources help clients stay informed about economic conditions, wealth-building approaches, and other useful financial topics
Additionally, the EGRS website offers a variety of educational videos on topics such as:
“What Is the 4 Percent Rule?”
“How to Be a Better Investor”
“Navigating Your Social Security Statement”
“4 Money Mistakes You Might Be Making”
“What Is a Financial Wellness Plan?”
“3 Factors to Consider When Investing for the Long Term”
“4 Things to Do in the 4 Years Before College”
“Taking a Financial Inventory”
“Saving for College with a 529 Plan”
and many others, all aimed at improving financial understanding and decision-making Affiliates
Through EGRS, Sevcik works with well-regarded affiliates, including Allianz, American Equity Investment Life Insurance Company, Americo, Ameritas, Annexus, Athene Annuity, Aviva, EquiTrust Life Insurance Company, Fidelity & Guaranty Life, Great American Insurance Group, Lincoln Financial Group, National Life Group, and Phoenix, among others.
On the Personal Side
Randy was born in New Prague, Minnesota Outside of his professional work, he enjoys spending time with his wife, three sons, two dogs, and extended family His oldest son has recently graduated from college. This year, he will celebrate his 25th wedding anniversary in October, as well as his in-laws’ 60th wedding anniversary
He is a sports enthusiast, enjoying both watching and playing golf. Travel is another shared interest with his wife, and together they explore destinations within the United States and abroad, experiencing different cultures, traditions, and cuisines.
Randy Sevcik continues to lead Elite Group Retirement Services with dedication to providing precise and dependable retirement strategies. Guided by the lessons of his early life, he strives to help others secure their financial futures and avoid the hardships he witnessed in his own family’s experience