Legacies Wealth LLC

RIASEC Registered
Total AUM
$505M
Discretionary
$413M
82% of AUM
Avg account
$1.7M
Accounts
298
Employees
5
Advisory reps
4

Firm details

Headquarters
Minnetonka, Minnesota
CRD number
143138
Registered since
June 26, 2015
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Fixed Fees, Commissions
Client types
  • HNWI96.85%
  • Individuals1.72%
  • Charitable Organizations1.42%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Legacies Wealth LLC is an independent registered investment adviser organized as an LLC that has been SEC-registered since 2015. The firm serves both individual and family clients as well as institutional investors, and it functions as a capital allocator that selects third‑party managers. Its advisory services emphasize financial planning, portfolio management for individuals and small businesses, and the selection of other advisers. Legacies Wealth also operates as an insurance broker and charges a mix of percentage of AUM, fixed fees, and commissions. The firm lists relationships with a trust company and an accountant and does not identify itself as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 46%, Exchange Traded Equities 30%, State & Local Bonds 21%, Cash & Cash Equivalents 3%46%
  • Public Funds/Mutual Funds46%
  • Exchange Traded Equities30%
  • State & Local Bonds21%
  • Cash & Cash Equivalents3%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 53

Active vs passive

$159M in ETFs

Passive

93%

$148M

Active

6%

$11.5M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD MORNINGSTAR VALUE INDEX FUND (VTV)VanguardPassiveLarge Value$46.1M213,26928.95%

Location

Primary office

Minnetonka, MN

Hennepin

Location

Minnetonka, MN

Headquartered in Minnetonka, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
Hennepin
Address
601 Carlson Pkwy
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth