Russell Luce has been an investment adviser representative at Chelsea Advisory Services since January 2025, and is not listed among the firm’s executive officers or direct owners.
Chelsea Advisory Services, Inc is a Staten Island, NY firm with $147M under management, 552 clients and 25 advisers across 22 offices, as of its August 2026 filing.
Russell G. Luce is Senior Partner and Founder of Planning Legacies Financial Group, based in Orland Park, Illinois. He has over 32 years of experience in the financial industry, including special needs planning, retirement planning and wealth management. Earlier roles include Unit Manager at Aid Association for Lutherans, Assistant Managing Director of Sales at MONY from 2002 and Managing Director of Insurance Sales at Foresters from 2003. He founded Planning Legacies Financial Group in 2008.
Russell Luce’s longest registration was 9 years at Foresters Equity Services, Inc. (2009–2018). Before joining Chelsea Advisory Services in 2025, Russell Luce was registered through Silver Oak Securities, Inc. and Lifemark Securities Corp.
- – present · 1 yearOrland Park, IL · Adviser representative · Firm CRD 150791
- Silver Oak Securities, Inc.– · 2 yearsOrland Park, IL · Adviser representative · Firm CRD 46947
- Lifemark Securities Corp.– · 2 yearsOrland Park, IL · Adviser representative · Firm CRD 16204
- Ipi Wealth Management, Inc.– · 1 yearOrland Park, IL · Adviser representative · Firm CRD 111872
- Lifemark Securities Corp.– · under a yearOak Lawn, IL · Adviser representative · Firm CRD 16204
- Foresters Equity Services, Inc.– · 9 yearsOak Lawn, IL · Adviser representative · Firm CRD 18464
- Foresters Equity Services, Inc.– · under a yearOak Lawn, IL · Adviser representative · Firm CRD 18464
- World Equity Group, Inc.– · under a yearLombard, IL · Adviser representative · Firm CRD 29087
Designations and memberships
Listed by Chelsea Advisory Services
- Registered Financial Consultant (RFC)
- Life Underwriter Training Council Fellow (LUTCF)
- Fraternal Insurance Counselor (FIC)
Investment adviser representative registrations
Russell Luce is registered as an investment adviser representative in 2 states. The first approvals date from January 2025; the most recent is Indiana, in September 2025.
- IllinoisSince 13 January 2025
- IndianaSince 30 September 2025
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 65 | Uniform Investment Adviser Law Examination | 19 September 2006 |
| Series 26 | Investment Company Products/Variable Contracts Principal Examination | 5 March 2004 |
| Series 63 | Uniform Securities Agent State Law Examination | 11 May 1994 |
| Series 6 | Investment Company Products/Variable Contracts Representative Examination | 5 May 1994 |
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- Investment Company Products/Variable Contracts Principal Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- Investment Company Products/Variable Contracts Representative Examination
- Full name
- Russell George Luce
- CRD
- 2486592
- Firm
- Chelsea Advisory Services · CRD 150791
- Office
- Orland Park, IL
- Registration
- Investment adviser and broker registrations
- In the industry since
- June 1994
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
- Firm bio
- chfs.com
Where does Russell Luce work?
Russell Luce is an investment adviser representative registered through Chelsea Advisory Services, Inc since January 2025, and is not listed among the firm’s executive officers or direct owners.
Is Russell Luce a financial advisor?
Yes. Russell Luce has a current investment-adviser registration in Illinois and Indiana, through Chelsea Advisory Services since January 2025.
How many years of experience does Russell Luce have?
Russell Luce has 32 years in the financial industry, since June 1994, across 6 adviser firms.
What exams has Russell Luce passed?
Russell Luce has passed 4 licensing exams: the Series 6, Series 63, Series 26 and Series 65. The earliest, the Series 6, was passed in May 1994. FINRA credited Russell Luce with the SIE, which began in October 2018.
Where did Russell Luce work before Chelsea Advisory Services?
Before Chelsea Advisory Services, Russell Luce was registered through Silver Oak Securities, Inc., October 2022 to December 2024; Lifemark Securities Corp., January 2020 to November 2022; Ipi Wealth Management, Inc., November 2018 to January 2020; Lifemark Securities Corp., October 2018 to November 2018; Foresters Equity Services, Inc., April 2009 to November 2018; Foresters Equity Services, Inc., September 2008 to December 2008; World Equity Group, Inc., September 2006 to February 2007.
Where is Russell Luce based?
Russell Luce’s registered office is in Orland Park, IL.
Is Russell Luce registered with FINRA?
Yes. Russell Luce has a current broker registration, under CRD 2486592.
Source: FINRA BrokerCheck
How can I verify Russell Luce’s record?
Search CRD 2486592 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Russell Luce’s full registration record.