Life Line Wealth Management (“LLWM”) is an investment advisor registered or exempt from registration in the jurisdictions in which it does business.
• Life Line Wealth Management filed its initial application to become registered as an investment advisor in April 2014.
• Life Line Holdings Inc. (LLH) owns 100% of Life Line Wealth Management and LLH is owned 100% by Lameck Humble Lukanga. Full details of his education and business background are provided in the Brochure Supplement immediately following this Firm Brochure. Introduction Advisory services (which include investment management services and financial planning services) of Life Line Wealth Management are provided through appropriately qualified individuals who are registered investment advisor representatives of Life Line Wealth Management (referred to as investment advisor representatives or management persons throughout this brochure). Description of Advisory Services The following are descriptions of the primary advisory services of Life Line Wealth Management. Please understand that a written agreement, which details the exact terms of the services, must be signed by a client and Life Line Wealth Management before LLWM can provide to the client the advisory services described below. Investment Management Services – Life Line Wealth Management primarily offers discretionary investment management services that primarily use passively managed ETFs to create portfolios with expected return and risk characteristics suitable for clients given their needs, goals, and constraints. Portfolios may also include investments of public or private equities, hedge funds, venture capital funds, bonds, REITS, and/or other instruments dependent upon each particular client’s situation. Clients appoint Life Line Wealth Management as their investment advisor of record on specified accounts (collectively, the “Account”). The Account consists of separate account(s) held by qualified custodians under the client’s or the client’s trust’s name. Exceptions may exist for private investments. For example, Life Line Wealth Management safekeeps private placement membership interest agreements and private placement stock certificates. Qualified custodians maintain physical custody of all other funds and securities of the Account, and the client retains all rights of ownership (e.g. right to withdraw securities or cash, exercise or delegate proxy voting, and receive transaction confirmations) of the Account. Investment management services by Life Line Wealth Management are customized according to the client’s risk capacity. Considerations include the client’s time horizon and liquidity needs, Life Line Wealth Management Page 5 of 35 Form ADV Part 2A Disclosure Brochure investment experience and knowledge, attitude toward risk, income outlook, and savings goals. For each Account for which LLWM provides investment management services, LLWM provides the following:
• Account type recommendations
• Asset allocation recommendations
• Securities recommendations
• Trade execution
• Performance reports
• Cost- and tax-conscious portfolio rebalancing
• Annual portfolio reviews Life Line Wealth Management obtains information from a client to determine the client’s financial situation, risk tolerance, and investment objectives. The client is responsible for notifying LLWM of any updates regarding the client’s financial situation, risk tolerance, and/or investment objectives and whether the client wishes to impose or modify any existing investment restrictions. To ensure LLWM’s understanding of the client’s circumstances is current, LLWM contacts clients at least annually to discuss any changes or updates regarding the above. A client always has the ability to impose reasonable restrictions on the management of the client’s Account, including but not limited to the ability to mandate that LLWM not purchase certain securities, securities within certain industries, or certain types of securities. It should be noted that Life Line Wealth Management manages investments for multiple clients and may give some clients advice or take actions for them or for LLWM’s associated persons’ personal accounts that is different from the advice LLWM provides or actions LLWM takes for other clients. LLWM is not obligated to buy, sell, or recommend to any client any security or other investment that LLWM may buy, sell, or recommend for any other clients or for LLWM’s associated persons’ personal accounts. Differences in advice exist due to differences in financial situation, time horizon, liquidity needs, risk tolerance, already-existing risk exposures, investment objectives, income outlook, savings goals, and other circumstances. Conflicts may arise in the allocation of investment opportunities among different clients’ Accounts that Life Line Wealth Management manages. LLWM strives to allocate investment opportunities believed to be appropriate for multiple Accounts equitably and consistent with the best interests of all clients involved. However, there can be no assurance that a particular investment opportunity that comes to LLWM’s attention will be allocated in any particular manner. If Life Line Wealth Management obtains material, non-public information about a security or its issuer that LLWM may not lawfully use or disclose, LLWM cannot and does not disclose the information to any client or use it for the benefit of any client, LLWM, or LLWM’s associated persons. Financial Planning Services – Life Line Wealth Management does not offer stand-alone financial planning services. Nonetheless, clients who enter into investment management services agreements Life Line Wealth Management Page 6 of 35 Form ADV Part 2A Disclosure Brochure with LLWM have the option to request various other financial planning services from LLWM, including but not limited to risk management planning, tax planning, retirement planning, estate planning, and/or debt management planning. These optional other financial planning services are provided at no additional cost. However, optional other financial planning services are only provided to investment management services clients upon request and only after LLWM has agreed to the request. Life Line Wealth Management is under no obligation and bears no responsibility to provide all investment management services clients with optional other financial planning services. The following is additional detail on the optional other financial planning services that LLWM may provide (upon request by the client and agreement by LLWM) to investment management services clients:
• Risk Management Planning - Upon request, Life Line Wealth Management conducts risk management planning for a client. After gathering information provided by the client, LLWM identifies and analyzes risks relevant to the client. After identification and examination, LLWM recommends products, tools, and techniques to mitigate, reduce, and/or eliminate the identified risks. More often than not, this includes the client implementing various insurance policies. Examples include, but are not limited to, automobile insurance, commercial insurance, disability insurance, errors & omissions insurance, flood insurance, health insurance, homeowners’ or renters’ insurance, life insurance, personal articles insurance, and umbrella insurance. Other non-insurance products, tools, and techniques to mitigate, reduce, and/or eliminate the identified risks associated with each client are also recommended to the client if applicable to the client’s situation.
• Tax Planning – Upon request, Life Line Wealth Management assists a client with tax planning. After gathering information provided by the client,

LLWM seeks to help the client minimize, reduce, or legally eliminate the various types of taxes imposed upon the client. Various taxes include, but are not limited to, federal, state, and local income taxes, estate taxes, excise taxes, foreign taxes, franchise taxes, payroll taxes, property taxes, real estate taxes, sales taxes, self-employment taxes, and unemployment taxes. There are many strategies and techniques to minimize, reduce, or legally eliminate each type of tax, and LLWM analyzes each client’s distinct situation in order to properly recommend effective and efficient strategies and techniques.
• Retirement Planning – Upon request, Life Line Wealth Management reviews and analyzes a client’s current and forecasted retirement scenario. After gathering information provided by the client, LLWM works with the client to set realistic retirement goals and outline steps and tools that help the client accomplish those goals. LLWM helps the client achieve sustainable balances of spending and saving during their working years to minimize lifestyle changes between the client’s working years and retirement years. Retirement planning by LLWM usually involves, but is not limited to, calculating annual or monthly retirement savings needs, reviewing current retirement vehicles the client is presently using, reviewing potential retirement vehicles available for use by the client, counseling the client on the differences Life Line Wealth Management Page 7 of 35 Form ADV Part 2A Disclosure Brochure between before-tax savings vehicles vs. after-tax savings vehicles, and presenting to the client Monte Carlo simulations and other projections, charts, and tools to help the client visualize their retirement goals, assess their progress toward those goals, and increase their likelihood of achieving those goals.
• Estate Planning – Upon request, Life Line Wealth Management helps clients prepare and arrange for the tax-efficient and cost-efficient disposition of their assets to their desired beneficiaries. After gathering information provided by the client, Life Line Wealth Management reviews the client’s overall situation, including, but not limited to, the titling and location of assets and liabilities, the use of wills, trusts, family limited partnerships, powers of attorney and medical directives, life insurance policies, and the client’s state of residency. After review, LLWM works with the client to determine the client’s specific goals. LLWM then recommends changes intended to benefit the client and the beneficiaries. Typical generic goals include, but are not limited to, helping the client eliminate uncertainties over the administration of a probate, minimizing the costs of estate management (including minimizing asset transfer costs, liability payoff costs, court costs, appraisal costs, accounting and legal costs, as well as estate, gift, and inheritance taxes), preserving confidentiality, ensuring timely asset transfers, confirming and implementing proper beneficiary designations, and helping the client fulfill any gifting and/or charitable intentions. It should be noted that LLWM does not practice law, and, therefore, LLWM works with licensed attorneys to execute estate plans.
• Debt Management Planning – Upon request, Life Line Wealth Management analyzes a client’s outstanding debts/liabilities in order to help the client maximize wealth. After gathering information provided by the client, including details on income, assets, and debts/liabilities, which may include, but are not limited to, automobile loans, commercial loans, credit cards, home equity lines of credit, installment loans, lines of credit, margin, medical debts, mortgages, and student loans, LLWM works with the client to determine the best actions the client should take regarding each debt/liability. LLWM analyzes the overall impact and risks associated with each individual debt/liability position as well as the overall impact and risks associated with the aggregate debt/liability position given the client’s assets, income, age, and other factors. Depending on the scope of the financial planning services requested and mutually agreed upon, LLWM may also analyze and review with the client the effect the debts/liabilities have on other financial planning areas, such as tax planning and estate planning. Investment management services clients requesting financial planning services from LLWM usually receive each of the above-listed financial planning services a la carte. The time required to complete the financial planning services requested and agreed to by LLWM is highly dependent on each client’s particular situation and the size and scope of the project. Comprehensive financial planning services are available as well. Life Line Wealth Management Page 8 of 35 Form ADV Part 2A Disclosure Brochure Scope of Investments Life Line Wealth Management provides investment advice on the following types of securities:
• Actively managed mutual funds
• Index funds
• REITS
• Exchange traded funds (ETFs)
• Corporate debt
• Municipal debt
• US government debt and that of its agencies
• Foreign debt
• Domestic and foreign publicly-traded stock
• Bank certificates of deposit (CDs)
• Hedge funds
• Private stock
• Private partnership and membership interests, including venture capital funds
• Public partnership and membership interests Although Life Line Wealth Management generally provides advice only on the products listed above, LLWM reserves the right to offer advice on any investment product that may be suitable for each client’s specific circumstances, needs, goals, and objectives. LLWM may also provide advice on any type of investment held in a client’s portfolio at the inception of the investment management services relationship. It is not Life Line Wealth Management’s typical investment strategy to attempt to time the market, but LLWM may increase or decrease cash holdings as deemed appropriate based on the client’s risk tolerance and LLWM’s expectations of market behavior. LLWM may modify its investment strategy to accommodate special situations such as low basis stock, stock options, legacy holdings, inheritances, closely held businesses, collectibles, and/or special tax situations. (Please refer to Item 8 – Methods of Analysis, Investment Strategies, and Risk of Loss for more information.) Individualization of Investment Management Services Life Line Wealth Management’s investment management services are always provided based on a client’s individual needs. This means, for example, that when LLWM provides investment management services, a client is given the ability to impose restrictions on the Account LLWM manages for the client, including, but not limited to, specific investment selections, sectors, and/or time horizons. LLWM always works with a client on a one-on-one basis to determine investment Life Line Wealth Management Page 9 of 35 Form ADV Part 2A Disclosure Brochure objectives and suitability information. LLWM’s optional other financial planning services are provided based on a client’s individual needs as well. Life Line Wealth Management does not enter into investment advisor relationships with prospective clients whose investment objectives are considered incompatible with LLWM’s investment philosophy and/or strategies or where the prospective client seeks to impose unduly restrictive investment mandates. Client Assets Managed by Life Line Wealth Management As of December 31st, 2023, Life Line Wealth Management has $438,781,576 of assets under management. Of this, $409,139,451 is managed on a discretionary basis, and $29,642,125 is managed on a non-discretionary basis.