New Legacy Group provides investment advice to pooled investment vehicles, special purpose vehicles, and separately managed accounts. Their services include hedge fund selection, direct investments, and wealth management services for family offices. They offer asset allocation, security selection, and risk management. New Legacy Group forms entities to manage the investment vehicles it launches.
Fee Structure
New Legacy Group provides investment advisory services to pooled investment vehicles and special purpose vehicles, receiving a management fee based on the value of the assets they manage. They may also receive a performance-based fee or allocation of profits. The management fees generally range from 0.75% to 2.0% per year of assets under management or a negotiated fixed fee. Performance fees range from 0% to 20% of profits. Family Office Services clients are charged fees on either a percentage of assets basis or on a flat retainer, negotiated individually.