Legacy Wealth Management, LLC

RIASEC RegisteredEst. 1982

Total AUM

$2.7B

Discretionary

$2.5B

95% of AUM

Avg account

$569K

Accounts

4,667

Employees

Advisory reps

Firm details

Headquarters: Memphis, Tennessee
CRD number: 108619
Registered since: December 23, 1982
Website: www.legacywealth.com
Custodians: CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI77.57%
Individuals12.14%
Corporations / Businesses8.94%
Charitable Organizations0.83%
Pension & Profit Sharing Plans0.28%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Legacy Wealth Management, LLC is an independent registered investment adviser organized as an LLC and in business since 1982. The firm serves both individuals/families and institutional clients, operating as a capital allocator that blends percentage-of-AUM and fixed-fee billing. Advisory services include financial planning, portfolio management for individuals, small businesses and institutions, and educational workshops. Legacy does not present itself as an active ESG investor and is not structured as a multi-state or related adviser. The firm has received industry recognition: it appeared on Financial Times’ Top 300 RIA Firms list in 2020, was named a Top RIA Firm by FA Magazine in 2020, and was included in CNBC’s Top 100 Financial Advisory Firms in both 2020 and 2021. Its organizational ownership is listed as individual ownership.