Legacy Wealth

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Assets Under Management

$475.0M

Number of Clients

445

Number of Advisors

Average Client AUM

$1.1M

AUM per Advisor

$118.8M

Compensation

Fee-Only (AUM)Fixed/Hourly

About This Firm

Legacy Wealth manages assets for various clients, acting as a fiduciary. They offer wrap fee programs, including Customized Legacy Portfolios (individual stocks, bonds, ETFs, etc.) and Legacy Funds Portfolios (mutual funds and ETFs). Portfolios are monitored and rebalanced based on client needs.

Fee Structure

Minimum Investment:$150K

Financial Planning:Investment management only

Legacy Wealth offers two wrap fee programs. The Wrap Customized Legacy Portfolios have a maximum annual fee of 1.95%. The Legacy Funds Portfolios, typically used for accounts under $150,000, have a maximum annual fee of 0.95%, but total expenses could reach 2.00% when including internal ETF and mutual fund expenses. Fees are billed quarterly in arrears and are generally non-negotiable. A minimum account balance of $150,000 is required for the Wrap Customized Legacy Portfolio.

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