Family Legacy Financial Solutions, LLC
Assets Under Management
$140.0M
Number of Clients
345
Number of Advisors
4
Average Client AUM
$406K
AUM per Advisor
$35.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Family Legacy Financial Solutions offers advisory services including financial planning, investment management, and insurance. They aim to build legacies for families, prioritizing client interests. They use a proprietary risk tolerance system to tailor services. Investment management is offered in a wrap fee format.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.10% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.70% |
Investment management fees are negotiable.
Fee Estimator
Financial planning fees are fixed, with a typical minimum charge of $2,500, determined by scope and complexity, and are negotiable. This fee is usually waived for new clients who engage Family Legacy to provide investment management services for portfolios with more than $1,000,000 of assets. Investment management fees range from 0.7% to 1.25% annually, based on assets under management. These fees are negotiable. Portfolio management fees for held-away accounts range from 0.25% to 0.75% per year. Insurance commissions are received for selling insurance products.
Areas of Practice
Location
6501 Weston Pkwy, Suite #300, Cary, NC, 27513