Legacy Financial Advisors, Inc. is an independent registered investment advisor founded in 2006 and based in Covington, Kentucky. The firm offers comprehensive financial planning and tailored investment management services to individuals, families, closely held businesses, trusts, and retirement plans. Legacy specializes in creating goal-oriented investment portfolios that balance risk management and diversification, utilizing a structured approach that separates assets into capital preservation and growth portfolios, including specialized structured note and certificate of deposit strategies known as Planned Outcome Portfolios. In addition to portfolio management, Legacy provides personalized financial planning covering estate planning, retirement planning, cash flow analysis, and investment allocation. The firm partners with independent custodians such as Fidelity and Charles Schwab to hold client assets, and also coordinates with clients' legal and accounting professionals for comprehensive wealth management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.60% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees for assets over $10 million are negotiable. Planned Outcome Portfolios charge up to 1.50% annually with a $200,000 minimum.