Babak Kooros is a registered investment advisor at Legacy Wealth Management, LLC, based in Newport Beach, CA, with 3 years of industry experience. Babak operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 2,121 clients with $480M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Legacy Wealth Management's fee for managing your investments is a percentage of the assets they manage, ranging from 0.0% to 2.50%. The exact percentage is negotiable and depends on factors like account size, family accounts, investment goals, risk tolerance, and the complexity of the financial planning involved. Fees are billed either quarterly in advance or monthly in arrears. The firm may combine account values of family members to potentially lower the overall fee.
Location
4695 MacArthur Ct, Floor 11, Newport Beach, CA, 92660
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Babak is the CEO/Owner of InTime Financial Alliance Insurance Solutions, Inc., focusing on marketing, sales, and management, which takes a significant amount of his time. He is also a realtor, dedicating minimal time to sales and marketing in real estate.
Employment History
Current Registrations
Legacy Wealth Management, LLC
Previous Registrations
Foundations Investment Advisors LLC
State Registrations1 state
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