Legacy Wealth, Inc. offers ongoing portfolio management services tailored to each client's individual goals, time horizon, and risk tolerance. The registered investment advisor creates a personalized Investment Policy Statement for every client and evaluates current investments against established risk parameters. Legacy Wealth limits its investment advice primarily to mutual funds, fixed income securities, insurance products including annuities, equities, exchange-traded funds, venture capital funds, and private placements. The firm operates with no account minimums and requires client permission before executing trades, as it does not have authority to make trades without asking first. In addition to investment management, the firm's principal is a licensed insurance agent and estate planning attorney, creating potential conflicts of interest when recommending insurance or related services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Fees are generally negotiable. Fees are calculated using the average of the daily balance in the client's account throughout the billing period.