Legacy Wealth Management

Wealth Management Firm in Fayette County, KY

Firm Info
Address: 2525 Harrodsburg Rd #100, Lexington, KY 40504, USA
Phone: (859) 296-1200

Firm Size
Assets Under Management: $314.5 million
# of Advisors: 1
# of Clients: 136
Client to Advisor Ratio: 136:1
Average Account Size: $2.3 million
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Charitable Organizations

Available Fee Structures
  • Percentage of Assets Under Management (AUM)

Get Connected with a Financial Advisor

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Legacy Wealth Management, LLC Overview

Legacy Wealth Management, LLC is a Fee Only registered investment advisory firm located in Ridgeland, MS. With a focus on investment advice only, the firm has been in business since 2019. Their mission is to provide personalized financial planning and portfolio management services to individuals and small businesses alike. The firm prides itself on their Fee Only fee arrangement, which ensures that their clients receive unbiased advice that is free from conflicts of interest. The financial planning services offered by Legacy Wealth Management, LLC are designed to help clients achieve their long-term financial goals. Their team of experts works with each client to develop a comprehensive plan that takes into account their unique financial situation, risk tolerance, and investment objectives. Whether it is retirement planning, college savings, or estate planning, the firm is committed to helping clients achieve their goals. Portfolio management is another core service offered by Legacy Wealth Management, LLC. Their team of experienced portfolio managers specializes in managing investment portfolios for individuals and small businesses. Through a disciplined investment process, the firm strives to deliver superior risk-adjusted returns to their clients. They aim to achieve this by building diversified portfolios that are tailored to each client's needs and objectives. Lastly, Legacy Wealth Management, LLC also offers a selection of other advisors to their clients. By leveraging their network of trusted professionals, the firm is able to provide clients with access to a range of experts in various fields. This allows clients to receive holistic financial advice that takes into account all aspects of their financial lives. With a commitment to providing personalized advice and exceptional service, Legacy Wealth Management, LLC is a trusted partner for anyone looking to achieve their financial goals.

Legacy Wealth Management, LLC caters to a wide variety of clients, ranging from individuals to high net worth individuals and even charitable organizations. Individuals seeking financial planning and investment management services can benefit from the personalized approach the firm offers. For high net worth individuals, Legacy Wealth Management, LLC offers unique strategies to maximize wealth and mitigate risk. Charitable organizations can receive advice on successful endowment management and grant-making strategies. The fee structures available at Legacy Wealth Management, LLC varies depending on the service provided. For investment management services, the firm charges a percentage of assets under management (AUM), which incentivizes the firm to grow and maintain its clients' portfolios. For financial planning services, clients can opt for a flat fee or an hourly rate. Legacy Wealth Management, LLC believes in transparency and open communication with clients when it comes to fees, as it keeps its clients well-informed on what they are paying for and why. The firm also offers customized fee structures for clients with unique needs. Overall, Legacy Wealth Management, LLC is dedicated to working with clients to achieve their financial goals in the most effective and efficient way possible.

Typical Clients, Fee Structures & Investment Minimum

According to the note about investment minimums in Legacy Wealth Management, LLC's Part 2 Brochure, the firm does not have a minimum account size requirement. However, LWM may charge a minimum fee as addressed in Item 5, but the brochure does not specify what that amount may be. Therefore, while there is no investment minimum at LWM, potential clients should be aware of the possibility of a minimum fee being charged.

How This Office Can Help Fayette County, KY Residents

Legacy Wealth Management is a full-service financial planning firm dedicated to helping clients in Fayette County, KY, achieve their financial goals. Fayette County residents may face a range of financial challenges, from managing student loan debt and saving for a down payment on a house to planning for retirement and protecting their assets from taxes and creditors. Fortunately, the experienced team at Legacy Wealth Management can provide expert guidance in these areas and more. Legacy Wealth Management offers a wide range of financial planning services, including tax planning, estate planning, investment management, and retirement planning. The firm takes a comprehensive approach to financial planning, working closely with clients to identify their unique goals and develop personalized strategies to achieve them. Whether someone in Fayette County is a young professional just starting their career or a retiree looking to protect their assets and leave a legacy for their loved ones, Legacy Wealth Management has the expertise and resources to help.

To view the Minimum Investment and Fee Schedule for Legacy Wealth Management, LLC, visit their Part 2 Brochure.

Services Offered by Legacy Wealth Management, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Legacy Wealth Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 2525 Harrodsburg Rd #100, Lexington, KY 40504, USA
Phone (859) 296-1200
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

Firm Headquarters
Firm headquarters location 300 CONCOURSE BLVD, SUITE 102, RIDGELAND, MS 39157, United States

This firm has no other locations.

State Registrations

Legacy Wealth Management, LLC is registered to service clients in the following states:

  • Louisiana
  • Mississippi
  • Texas

Disciplinary History

Legacy Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.