LEGACY WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 1982

Total AUM

$2.7B

Discretionary

$2.5B

95% of AUM

Avg account

$569K

Accounts

4,667

Employees

Advisory reps

Firm details

Headquarters: MEMPHIS, Tennessee
CRD number: 108619
Registered since: December 23, 1982
Website: www.legacywealth.com
Custodians: CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI77.57%
Individuals12.14%
Corporations / Businesses8.94%
Charitable Organizations0.83%
Pension & Profit Sharing Plans0.28%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Legacy Wealth Management, LLC is an independent, owner-operated registered investment adviser that has been SEC-registered since 1982 and operates as a limited liability company. The firm serves both individual and family clients as well as institutional accounts, offering financial planning, portfolio management for individuals and small businesses, portfolio management for larger business and institutional clients, and educational seminars. Its fee model mixes percentage-of-assets and fixed fees, and the firm presents itself as a capital allocator — constructing portfolios largely around liquid equity instruments while directing select capital to third-party managers for alternatives. Investment behavior shows a clear equity tilt: exchange-traded products are the dominant vehicle across client portfolios, reflecting a preference for low-cost, tax-efficient and easily traded core exposures. Legacy Wealth Management is not positioned as an active ESG investor. The firm’s market recognition includes placements on industry lists from Financial Times (Top 300 RIA Firms, 2020), FA Magazine (Top RIA Firms, 2020), and CNBC (Top 100 Financial Advisory Firms, 2020 and 2021).