Financial ServicesOther Financial Services

Retirement Income Source Franchise FDD, Costs & Fees (2026)

Retirement Income Source specializes in helping individuals plan and manage their retirement income. With expert advice and tailored strategies, Retirement Income Source ensures clients can achieve financial security and peace of mind during their retirement years.

KEY FRANCHISE STATS

Franchisees

-10%

Franchise fee

$25,000

Investment

$100,000 - $226,000

Revenue (AUV)

n.a.

Established in January 2019 by David J. Scranton, Retirement Income Source® is a nationwide network of franchised financial advisors dedicated to assisting individuals in achieving financial stability during their retirement years. The company is headquartered at 500 West Cypress Creek Road, Suite 250, Fort Lauderdale, Florida.

Retirement Income Source® specializes in income-generating investment strategies aimed at preserving clients' savings and generating ongoing streams of interest and dividend payments.

Their comprehensive suite of services includes retirement planning, financial planning, tax minimization strategies, social security maximization, estate planning, investment management, asset management, risk management, and portfolio management.

What sets Retirement Income Source® apart from competitors is its emphasis on "The Income Model," which focuses on fixed-income investments like bonds to create a steady retirement income stream. This approach reduces exposure to stock market volatility, offering clients a more predictable and secure financial future.

Initial investment

The initial investment required for a Retirement Income Source franchise is $100,000 - $226,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure	Amount
Initial franchise fee	$25,000 - $25,000
Rent and Lease Security Deposit	$10,000 - $30,000
Utilities	$3,000 - $5,000
Leasehold Improvements	$5,000 - $50,000
Market Introduction Program	$20,000 - $30,000
Furniture, Fixtures, and Equipment	$10,000 - $25,000
Computer Systems	$1,000 - $3,000
Insurance	$1,400 - $2,500
Signage	$500 - $5,000
Office Expenses	$500 - $1,000
Licenses, Fees, and Permits	$1,500 - $3,000
Professional Fees (lawyer, accountant, etc.)	$1,500 - $3,000
Travel, lodging and meals for initial training	$1,000 - $3,000
Additional funds (for first 3 months)	$20,000 - $40,000
Total	$100,400 - $225,500

Type of Expenditure	Amount
Initial franchise fee	$25,000 - $25,000
Rent and Lease Security Deposit	$10,000 - $30,000
Utilities	$3,000 - $5,000
Leasehold Improvements	$5,000 - $50,000
Market Introduction Program	$20,000 - $30,000
Furniture, Fixtures, and Equipment	$10,000 - $25,000
Computer Systems	$1,000 - $3,000
Insurance	$1,400 - $2,500
Signage	$500 - $5,000
Office Expenses	$500 - $1,000
Licenses, Fees, and Permits	$1,500 - $3,000
Professional Fees (lawyer, accountant, etc.)	$1,500 - $3,000
Travel, lodging and meals for initial training	$1,000 - $3,000
Additional funds (for first 3 months)	$20,000 - $40,000
Total	$100,400 - $225,500

Franchise Disclosure Document

Below is Retirement Income Source's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Retirement Income Source had 30 total units in 2025, of which 27 were franchised-owned and 3 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Retirement Income Source

key competitors in the

Other Financial Services

sector.

Franchise

Upgrade

New

-10%

0.00%

$100,000

$226,000

n.a.

COMMISSION EXPRESS

$100K - $200K

New

-7%

1% - 9%

$172,000

$302,000

n.a.

TAB

$50K - $100K

101

New

-21%

12% - 20%

$54,000

$97,000

$73,000

n.a.

Focus CFO

$25K - $50K

New

-53%

n.a.

$36,000

$64,000

n.a.

Lendio

$25K - $50K

121

New

116%

30% - 70%

$46,000

$117,000

n.a.

SCA

$25K - $50K

New

-16%

50.00%

$27,000

$80,000

$188,000

n.a.

WCH Service Bureau

$50K - $100K

New

n.a.

7%–10%

$55,000

$75,000

n.a.

Training

The franchise Retirement Income Source provides multiple training programs designed to support the setup and operation of franchisee businesses:

Pre-Opening Training: The Franchisor offers standard pre-opening training for the Principal Executive and up to two other employees. This training is conducted at the Franchisor’s headquarters or a designated business location. While the training itself is free, the Franchisee covers all travel, lodging, and related expenses.
New Franchisee Training: The Principal Executive is required to complete a mandatory training program for new franchisees. This must be done at least four weeks before the business begins operations.
On-Site Opening Assistance: The Franchisor provides at least one day of on-site training and support during the business's opening to assist with setup and operations.
Post-Opening Training: After the business is launched, the Franchisor may require the Principal Executive or other employees to attend additional training programs. These can be conducted in various formats and locations, with all related expenses covered by the Franchisee.
Ongoing Employee Training: Franchisees may be required to train their own staff using programs specified by the Franchisor to ensure consistent quality and standards.

Territory Protection

The Retirement Income Source franchise does not offer exclusive territory protection. Franchisees are assigned a territory but have no guarantee against the Franchisor or other franchisees operating within it.

The Franchisor may sell, license, or operate competing businesses in any area, including through online or direct sales. Franchisees can serve clients anywhere, but they are not compensated if others operate within their designated territory.