ABS LEGACY PARTNERS, LLC

RIASEC RegisteredEst. 2023

Total AUM

$671M

Discretionary

$671M

100% of AUM

Avg account

$11.2M

Accounts

Employees

Advisory reps

Firm details

Headquarters: HICKORY, North Carolina
CRD number: 325604
Registered since: April 7, 2023
Website: abslegacypartners.com
Custodians: BANK OF AMERICA, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI65.82%
Corporations / Businesses26.93%
Charitable Organizations7.1%
Individuals0.15%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

ABS Legacy Partners, LLC is an independent registered investment adviser that operates as a capital allocator for both high-net-worth individuals and institutional clients. The firm provides financial planning and discretionary portfolio management across individual, small business and institutional relationships and also serves as a selector of other advisers. Fee arrangements include a percentage of AUM as well as hourly and fixed-fee billing, which supports both ongoing portfolio management and discrete planning or advisory projects. Investment activity centers on equities, with a strong preference for exchange-traded instruments. The firm is not an active ESG investor. As a capital allocator it deploys client capital into third-party managers and direct holdings, combining traditional equity exposures with alternative strategies. ABS Legacy Partners was SEC-registered in 2023 and is organized as a limited liability company with individual ownership.