Legacy Wealth Advisors

Retirement Planning Firm in Washington County, MN

Firm Info
Address: 8147 Globe Dr Suite 270, Woodbury, MN 55125, USA
Phone: (651) 447-7116

Firm Size
Assets Under Management: $123.8 million
# of Advisors: 4
# of Clients: 187
Client to Advisor Ratio: 47:1
Average Account Size: $662,078
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • 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

  • Corporations or Other Businesses Not Listed Above

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

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Legacy Wealth Advisors, LLC Overview

Legacy Wealth Advisors, LLC is a fee-only registered investment advisory firm that specializes in investment advice. Established in 2020, the firm is headquartered in San Jose, CA and has been dedicated to delivering top-notch financial planning solutions ever since. As a fee-only firm, their services are designed to cater to the needs of clients without any hidden commission costs or conflicts of interest, ensuring transparency and an objective approach to financial management. The firm offers portfolio management solutions for individuals, small businesses, and institutional clients. Their portfolio management services are tailored to help clients reach their financial goals, maximize their investment returns, and reduce risks. They take into account various factors such as market trends, risk tolerance, and investment objectives to craft personalized investment strategies for their clients. Legacy Wealth Advisors, LLC also offers a selection of other advisory services to complement their investment advice. Their services encompass financial planning for clients who require assistance in developing long-term financial plans, as well as selecting other advisors. These services provide a comprehensive approach to financial management that caters to the unique needs of each client. With a reputation for delivering excellent financial planning and portfolio management advice, Legacy Wealth Advisors, LLC is a trusted partner for anyone seeking personalized wealth management solutions.

LEGACY WEALTH ADVISORS, LLC is a trusted financial planning firm in the industry that caters to different types of clients from various backgrounds and financial standing. They provide reliable services to individuals who are looking for comprehensive wealth management solutions and financial guidance. The firm also serves high net worth individuals who require extensive wealth management strategies to grow their financial portfolio and protect their assets. Moreover, LEGACY WEALTH ADVISORS, LLC extends its services to other types of corporations that are looking to mitigate risks and invest in the right market opportunities. These entities may include trusts, estates, and other business organizations that require specialized financial planning support. When it comes to the fee structure of LEGACY WEALTH ADVISORS, LLC, clients are given a range of options suited to their individual requirements. One of which is a percentage of Assets Under Management (AUM) where the fee is based on the total value of a client's assets. This pay-for-performance structure is ideal for those who seek long-term investment strategies that will yield higher returns on their investments. Another option available is a fixed fee where clients pay a predetermined amount for a specific service, regardless of the asset value. Lastly, the firm also offers an hourly fee for clients who need financial advice and wealth management that is tailored to their specific needs. Overall, LEGACY WEALTH ADVISORS, LLC offers flexible and personalized fee arrangements that will enable clients to achieve their financial goals and secure their financial future.

Typical Clients, Fee Structures & Investment Minimum

Legacy Wealth Advisors, LLC requires a minimum investment of $2,000,000 to establish a new advisory account as stated in their Part 2 Brochure note about investment minimums. The note goes on to mention that the minimum may be waived at the sole discretion of the Advisor and that they may continue to service existing accounts that have values that are below the minimum.

How This Office Can Help Washington County, MN Residents

Legacy Wealth Advisors is a team of expert financial advisors who assist clients in Washington County, MN in managing their finances and achieving their financial goals. The team has extensive experience and knowledge in helping clients with a variety of financial situations, whether they are facing retirement planning, wealth preservation, estate planning, or tax planning. Living in Washington County, MN, individuals may face unique challenges when it comes to managing their finances. With a median household income of $82,747, residents may need guidance on how to allocate their income in the most effective way possible. Additionally, the county's homeownership rate is high at 81.9%, which can lead to challenges when balancing mortgage payments with other financial goals. Legacy Wealth Advisors provides personalized financial planning services to help individuals in Washington County, MN navigate these challenges and achieve financial security.

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

Services Offered by Legacy Wealth Advisors, LLC

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 Wealth Advisors, LLC 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)
Hourly
Fixed Fees (Other than subscription)
Unavailable
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 8147 Globe Dr Suite 270, Woodbury, MN 55125, USA
Phone (651) 447-7116
Opening Hours
  • Mon 8:30 AM–4:30 PM
  • Tue 8:30 AM–4:30 PM
  • Wed 8:30 AM–4:30 PM
  • Thu 8:30 AM–4:30 PM
  • Fri 8:30 AM–4 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:

Other Office Locations

Firm Headquarters
Firm headquarters location 2001 GATEWAY PLACE, SUITE 600W, SAN JOSE, CA 95110, United States

This firm has no other locations.

State Registrations

Legacy Wealth Advisors, LLC is registered to service clients in the following states:

  • California

Disciplinary History

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