Legacy Wealth Advisors is a fee-based registered investment advisor offering personalized financial planning, investment management, and retirement plan consulting to individuals, institutions, and businesses. Wholly owned by Leroy Tanker, the firm uses a custom-tailored approach focused on asset allocation to build portfolios using exchange-traded funds, mutual funds, stocks, bonds, and cash equivalents. In addition to investment management, Legacy Wealth Advisors provides comprehensive financial planning covering cash flow management, tax planning, insurance reviews, education funding, retirement planning, and estate planning. The firm also offers retirement plan consulting services for employer-sponsored plans. Because the owner maintains outside business activities as a Certified Public Accountant, real estate agent, and insurance agent, clients may have access to these additional services, though they are never required to use them.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.30% |
| $1M+ | 1.20% |
Fees are calculated and billed quarterly in advance. Financial planning fees may be waived at the firm's discretion for accounts over $250,000.