Randy Sevcik
President and Retirement Income Planner
Randy Sevcik is the founder of Long Grove, Illinois-based Elite Group Retirement Services (EGRS), an independent agency dedicated to helping clients protect their life savings through annuities, privatized pensions, and retirement income strategies. The goal is to supplement Social Security, minimize taxes, and promote growth while ensuring 100% asset protection. Since establishing EGRS in 2012, his mission has been to address gaps in the financial services industry by providing simplified, guaranteed retirement income plans tailored to each client’s needs and goals.
Since the agency’s formation, he has served 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 institution founded in 1885.
Personal Experience as Motivation for Elite Group Retirement Services
At the age of five, Randy experienced a significant turning point in his life when his father passed away unexpectedly. As the youngest of seven children, he saw firsthand how poor estate planning and an unforeseen loss could quickly deplete a family’s assets and create financial hardship.
These early experiences shaped his decision to become a retirement advisor, licensed financial professional, and retirement income planner. The founding of EGRS was driven by his desire to help others avoid the challenges his own family faced.
Approach with Clients
Sevcik believes that strong retirement decisions are best made within the structure of a retirement income plan. His method centers on three guiding principles: maximizing retirement income, protecting assets from loss, and developing individualized legacy plans. This approach enables him to work closely with each client to understand their goals and create a clear strategy to meet them.
Over the last five years, his knowledge of retirement income planning—including wills, trusts, tax strategies, and preparation—has been featured in several television interviews.
Key Services Offered
EGRS provides a range of services designed to help clients prepare for and maintain a secure retirement:
Personal Retirement Planning – Evaluating current finances, savings, investments, and pension benefits to determine realistic retirement goals.
Guaranteed Income Solutions – Recommending financial and insurance products that deliver consistent lifetime income without putting principal at risk.
Tax & Cash Flow Management – Using modern tools to handle IRA rollovers, Roth conversions, and required minimum distributions in a tax-efficient way.
Risk Mitigation and Protection – Offering strategies to address long-term care needs, manage inflation, and protect assets for future generations.
Providing Planning Tools and Information
Clients have access to financial calculators that serve as educational resources for estimating answers to common money-related questions. A tax library is also available to help with annual tax planning and preparation.
In addition, Randy provides clients with curated articles from reputable publications, including The New York Times, Entrepreneur Magazine, The Guardian, Financial Times, Forbes, and Business Insider. These materials help clients stay informed about current economic conditions, wealth-building methods, and other important financial topics.
The EGRS website also features videos covering a wide range of subjects, 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.
Affiliates
EGRS works with recognized affiliates in the financial services industry, 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. Away from his professional responsibilities, he enjoys spending time with his wife, three sons, two dogs, and extended family. His oldest son recently graduated from college, and he will be celebrating his 25th wedding anniversary in October, as well as his in-laws’ 60th anniversary.
Sports are a favorite pastime, and he enjoys both watching and playing golf. He and his wife also take pleasure in traveling, exploring different regions of the United States, and experiencing the culture, traditions, and cuisine of various countries around the world.
Randy Sevcik continues to lead Elite Group Retirement Services with a focus on providing clear, reliable retirement solutions. His work reflects a lifelong commitment to helping others secure their financial future and avoid the difficulties he once saw his own family endure.
