Legacy Wealth Management provides investment advice tailored to clients' needs. They offer both discretionary and non-discretionary portfolio management services, potentially using sub-advisers. They also offer financial consulting services on topics like risk management and investment planning. Legacy primarily advises on stocks, bonds, mutual funds, ETFs, and alternative investments. They may recommend third-party money managers.
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.