About Us

BIO and Mission Statement for Independent Benefit Solutions


Mission Statement

The team at Independent Benefit Solutions ensures each client we serve is confident in the decisions they must make to secure and protect their financial future. We help our clients secure a comfortable lifestyle by providing the expertise, advice, resources and services necessary for them to succeed and achieve their dreams.

Value Statment

As a leading local provider of personal insurance and business worksite benefits, Independent Benefit Solutions uses a comprehensive approach and open architecture. We work closely with each client and our strategic referral partners to develop a tailored plan to fit your lifestyle, goals, and budget.  We specialize in asset protection strategies and creative insurance solutions that protect against unnecessary risks and inefficient wealth transfers.

About Nicholas Pacheco, CLTC

Business Background

Nicholas H. Pacheco, CLTC is a Financial Services Representative with over eighteen years of experience in the financial services and insurance industry. Fully licensed in seven states, Nicholas currently runs his agency, Independent Benefit Solutions, LLC out of North Providence, Rhode Island. Nicholas began serving his clients out of a sincere desire to help individuals and families plan for and attain their financial goals. He focuses his practice on efficient retirement income and legacy planning, with an emphasis on building and using tax-free wealth. His clients consider him a trustworthy, caring, and reliable expert, whose hard work and superior service leads to exceeding clients’ goals and expectations.

I enjoy coaching individuals on how wealth really works by challenging traditional wealth accumulation and wealth distribution models, because what we were taught about how wealth works simply isn’t true.

Nicholas’ advanced knowledge of how true wealth works is an incredible asset to his clients, whom he coaches daily in many areas including:

  • Retirement Income Planning
  • Social Security and pension maximization
  • Minimizing taxes and unnecessary transfers of wealth
  • Life insurance, Medicare and long term care planning

A licensed producer, Nicholas’ consultations with clients are always provided with no fee or obligation. Nicholas is a team-player who works collaboratively with other advisors and mentors to ensure the most comprehensive outcome for his clients on a tax-advantaged and referral only basis.

Nicholas grew up in Tiverton, Rhode Island and graduated from Rhode Island College with a Bachelor’s Degree in Finance. In 1995, he joined the Rhode Island Army National Guard and has since completed three combat tours of duty overseas and is a recipient of the Bronze Star. Nicholas currently resides in Coventry, Rhode Island, where he enjoys maintaining an active and healthy lifestyle and spending time with his family and friends.

Community Involvement

  • Treasurer & Board Member, Rhode Island Hospice Veterans Partnership
  • Member, Rhode Island Estate Planning Council
  • Active Member, Better Business Bureau (BBB)
  • Active Member, Northern RI Chamber of Commerce
  • Member, Bristol County Estate Planning Council
  • Member, Lifespan Planned Giving Council


  • B.A. Finance – Rhode Island College, Providence, Rhode Island
  • Currently in pursuit of MBA with a concentration on Finance

Licenses and Certifications

  • CLTC, Licensed in RI, MA, CT, ME, NY, FL, and KY.

We look forward to helping you or someone you care about.