Legacy Wealth Concepts
Assets Under Management
$64.8M
Number of Clients
151
Number of Advisors
3
Average Client AUM
$429K
AUM per Advisor
$21.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Benedict Wealth Management, LLC, established in 1987, provides financial planning and investment advisory services. They manage assets on a non-discretionary basis, primarily using UITs. Financial plans are prepared for a fixed fee or hourly rate, and ongoing retainer services are available. They also provide money management services billed directly to the client.
Fee Structure
Fees for managing assets range from 0.25% to 1.25% per year, billed quarterly. Financial planning is offered at $150 per hour or a negotiated fixed fee. Retainer fees for ongoing financial planning activities are also negotiable. The minimum account size is generally $250,000 of investable assets, but exceptions may be made.
Areas of Practice
Location
17461 Jefferson Hwy., Suite B, Baton Rouge, LA, 70817