Legend Financial Advisors INC
Assets Under Management
$335.4M
Number of Clients
216
Number of Advisors
3
Average Client AUM
$1.6M
AUM per Advisor
$111.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Legend Financial Advisors provides investment management, investment analysis, financial planning, retirement plan consulting, and general financial consulting to individuals, high net worth individuals, retirement plans, non-profit organizations, and corporate entities. They also offer sub-advisory services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 0.90% |
| $500K - $1.0M | 0.85% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $5.0M | 0.50% |
| $5M+ | 0.25% |
Fees are calculated quarterly based on the average daily value of the client's investment portfolio. The firm generally accepts clients with a minimum of $300,000 in investable assets, and individual portfolios are subject to a minimum securities value of $250,000, both of which may be waived at the firm's discretion.
Fee Estimator
Legend Financial Advisors charges fees for their services. Financial planning fees range from $500 to $10,000 annually, or are billed hourly at rates from $25 to $300 per hour depending on staff member. Investment management fees are based on a percentage of assets managed. For assets held away, clients are charged a consulting fee based on a percentage of the assets. Generally, Legend accepts clients with a minimum of $300,000 in investable assets, but this may be waived. Individual portfolios are subject to a minimum securities value of $250,000, which may also be waived.
Areas of Practice
Location
5700 Corporate Drive, Suite 350, Pittsburgh, PA, 15237
