Legacy Financial Advisors, Inc.

Financial Advisor in Westborough, MA

Firm Info
Address: 1500 W Park Dr Suite 100, Westborough, MA 01581, USA
Phone: (800) 427-9781

Firm Size
Assets Under Management: $914.7 million
# of Advisors: 13
# of Clients: 2,828
Client to Advisor Ratio: 218:1
Average Account Size: $323,444
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Fixed Fees (Other than subscription)

Get Connected with a Financial Advisor

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Legacy Financial Advisors, Inc. Overview

Legacy Financial Advisors, Inc. is a registered investment advisory firm that specializes in providing investment advice only. The firm has been in business since 2011 and has its headquarters located in Covington, KY. The firm operates under a fee-based arrangement, which means that clients pay a fee for the services rendered by the firm. Legacy Financial Advisors, Inc. offers a portfolio of services for individuals, small businesses, and institutional clients. These services include financial planning, portfolio management, and pension consulting services. The firm's portfolio management services are designed to help clients achieve their investment goals, while its pension consulting services can help businesses manage their retirement plans. Furthermore, Legacy Financial Advisors, Inc. offers selection services of other advisors to help clients choose advisors that best fit their investment goals. This demonstrates the firm's commitment to clients and its dedication to providing a comprehensive range of services to meet their needs. The firm's approach demonstrates how it distinguishes itself from others in the industry and emphasizes its philosophy of putting the interests of its clients first.

LEGACY FINANCIAL ADVISORS, INC. provides investment advice and financial planning services to a diverse range of clients. Their client base includes individuals seeking to create and manage their investment portfolios, high net worth individuals with complex financial goals and visions, pension or profit sharing plans seeking fiduciary consulting, and charitable organizations advancing social impact goals. They are committed to providing tailored solutions and guidance to each of their clients, drawing upon their deep industry knowledge and experience to deliver outcomes aligned with client objectives. LEGACY FINANCIAL ADVISORS, INC. offers a variety of fee structures depending on the type of service provided. For clients seeking asset management services, they typically charge a percentage of AUM (Assets under Management) as their fee. This fee structure is based on a percentage of the assets that the firm manages on behalf of the client. They also offer fixed fees for financial planning and consulting services that occur outside the scope of asset management. This fee structure provides a clear understanding of the cost points and how they align your service offering so clients can make an informed decision regarding the services provided. The firm works with each client to determine the fee structure that makes the most sense from a value, cost, and service perspective. Where necessary, fees are explained and discussed with clients during the initial consultation.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Legacy Financial Advisors, Inc. is typically $500,000 for new clients. This information is mentioned in their Part 2 Brochure note about investment minimums. However, this minimum does not apply to digital clients utilizing AMP. It is important to note that Legacy Financial Advisors reserves the right to accept or decline a potential client for any reason in their sole discretion.

How This Office Can Help Westborough, MA Residents

Legacy Financial Advisors, Inc. is dedicated to helping clients in Westborough, MA achieve their financial goals. They have a team of knowledgeable advisors who specialize in providing personalized financial advice and solutions. The company offers a wide range of financial services, including retirement planning, investment management, tax planning, and estate planning. Many people living in Westborough, MA may be facing unique financial situations. For example, some may be nearing retirement age and need assistance with creating a comprehensive retirement plan that will provide them with financial security in their golden years. Others may be entrepreneurs who are trying to grow their businesses and need financial guidance on investments and expansion. Meanwhile, some clients may have recently experienced a significant life change, such as a divorce or the death of a spouse, and need help managing their finances during this difficult time. Whatever the situation may be, Legacy Financial Advisors, Inc. is there to provide clients with a customized financial plan and expert advice to help them achieve their financial goals.

To view the Minimum Investment and Fee Schedule for Legacy Financial Advisors, Inc., visit their Part 2 Brochure.

Services Offered by Legacy Financial Advisors, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Legacy Financial Advisors, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Fixed Fees (Other than subscription)
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 1500 W Park Dr Suite 100, Westborough, MA 01581, USA
Phone (800) 427-9781
Opening Hours
  • Mon 9 AM–5 PM
  • Tue 9 AM–5 PM
  • Wed 9 AM–5 PM
  • Thu 9 AM–5 PM
  • Fri 9 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
4 Stars  |  4 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location 117 EAST FOURTH STREET, COVINGTON, KY 41011, United States

This firm has no other locations.

State Registrations

Legacy Financial Advisors, Inc. is registered to service clients in the following states:

  • California
  • Florida
  • Illinois
  • Indiana
  • Kentucky
  • Ohio
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Virginia

Disciplinary History

Legacy Financial Advisors, Inc. does not have any disclosures. Please visit it's Form ADV for more details.