Legacy Wealth Advisors

Wealth Management Firm in Chanhassen, MN

Firm Info
Address: 566 Bavaria Ln, Chaska, MN 55318, USA
Phone: (952) 556-1311

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 has been in business since 2020. Based in San Jose, CA, this firm provides investment advice only to its clients. Their fee arrangement means that clients can trust that the firm is not receiving any compensation from third parties, ensuring that their advice is independent and unbiased. Among their range of services, Legacy Wealth Advisors, LLC provides financial planning services to individuals and small businesses. This includes creating tailored financial plans that help clients reach their long-term financial goals. Additionally, this firm offers portfolio management services for businesses or institutional clients, providing investment strategies that are designed to deliver strong returns while minimizing risk. Legacy Wealth Advisors, LLC also offers portfolio management services for individuals. Their team of experts will work with clients to determine the best investment strategy for their specific financial objectives and risk tolerance. As part of their commitment to providing comprehensive services, the firm also assists clients in selecting other advisors and professionals that may be needed to support their financial plan. Overall, their focus is on delivering personalized investment advice that helps clients build and preserve their wealth over the long-term.

Legacy Wealth Advisors, LLC serves a diverse set of clients, ranging from individuals seeking personal financial advice to high net worth individuals with complex financial portfolios. Additionally, the firm caters to other corporation types not listed, working with each client to create personalized financial plans based on their unique needs and goals. In terms of fee structures, Legacy Wealth Advisors, LLC offers several options depending on the services provided. Clients can choose to pay a percentage of their assets under management (AUM), an hourly rate for specific financial planning services, or fixed fees for comprehensive financial management. Each fee structure is tailored to the needs of the individual client, ensuring transparent and appropriate compensation for the services provided. Overall, Legacy Wealth Advisors, LLC strives to provide flexible and customizable financial services to all of their clients.

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. However, the Advisor has the sole discretion to waive this minimum if they choose to do so. Existing accounts that have values below the minimum may still be serviced by the Advisor.

How This Office Can Help Chanhassen, MN Residents

Arlington Financial offers a wide range of financial services to help clients in Woodbridge, NJ. One of the primary ways they assist clients is by providing debt consolidation solutions. Many Woodbridge residents may be struggling with credit card debt, student loans, or medical bills that are difficult to manage. Arlington Financial can help by consolidating these debts into one manageable payment, often with a lower interest rate. They also offer budgeting advice and credit counseling to help clients get back on track financially. In addition to debt consolidation, Arlington Financial can help clients with retirement planning, life insurance, and investment advice. These are all important aspects of financial planning that are often overlooked by individuals who are struggling with debt or living paycheck to paycheck. By working with Arlington Financial, clients in Woodbridge can feel confident that their financial future is secure and that they have a plan in place to achieve their long-term goals.

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 566 Bavaria Ln, Chaska, MN 55318, USA
Phone (952) 556-1311
Opening Hours
  • Mon 8 AM–4:30 PM
  • Tue 8 AM–4:30 PM
  • Wed 8 AM–4:30 PM
  • Thu 8 AM–4:30 PM
  • Fri 8 AM–4 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
5 Stars  |  1 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.