Legacy Wealth Concepts
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Legacy Wealth Concepts (doing business as Benedict Wealth Management, LLC) provides portfolio management, financial planning and related wealth services to individual investors as well as trusts, charitable institutions, foundations and other entities. The firm also operates in brokerage and insurance capacities: its advisors are registered with a broker-dealer and maintain insurance appointments, so clients may receive both fee-based advisory recommendations and commissionable insurance or securities products.
The firm manages about $64.8 million with a two-advisor team and conducts most advisory relationships on a non-discretionary basis, delivering recommendations that clients implement themselves and reviewing accounts at least annually and typically quarterly. Investment work is customized around client goals and risk tolerance, often documented in formal investment policy statements for larger accounts, and commonly utilizes unit investment trusts alongside access to third‑party managers (AssetMark, Orion, SEI) as appropriate.
What is distinctive is the combination of an RIA practice with an affiliated broker‑dealer relationship and active insurance licensing, which means the firm regularly operates in both fiduciary advisory and commissionable distribution roles. The firm also offers ancillary services — including tax return preparation and occasional retainer-based ongoing planning — a service mix that is less common among similarly sized supported firms.
Client services
Expertise
Fee options
Negotiated fixed fees for financial planning
0.25% to 1.25% annually, billed quarterly in arrears
Commissions received when acting as an insurance agent or Registered Representative of United Planners for commissionable products, but not on fee-based accounts
Financial planning charged at $150 per hour
Occasional negotiated retainer fee for ongoing financial planning activities
Account minimum: $250,000 Fee-only: Financial planning fees charged at $150 per hour or negotiated fixed fee; occasional negotiated retainer fee for ongoing planning
Main office
See office17461 Jefferson Hwy., Suite B
Baton Rouge LA 70817
Advisors at this office
2
Offices (2)
Most active in
Louisiana · Texas
Also doing business as
Benedict Financial Planning · Benedict Wealth Management, LLC · Bozeman Benedict & Associates, Inc · Legacy Wealth Concepts
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Alan S
Series 63, Series 65
West Monroe, LA
Legacy Wealth Concepts
Alan Stephenson is a financial advisor at Legacy Wealth Concepts with 27 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including United Planners Financial Services and Stephenson Financial. Outside of finance, he is involved in several entrepreneurial ventures, including ownership roles in a handyman service and heating and air companies, and serves on the board of Polygon Health as Chief Patient Officer. Legacy Wealth Concepts offers portfolio management, financial planning, and related wealth services to individuals, trusts, charitable institutions, and foundations. The firm combines fiduciary advisory and commissionable distribution roles through its affiliated broker-dealer and insurance appointments, managing approximately $64.8 million with a focus on customized investment strategies and ancillary services such as tax preparation and ongoing planning.
Carl B
CFP®, Series 63
Baton Rouge, LA
Legacy Wealth Concepts
Carl Benedict is a CFP® with 43 years of industry experience, currently serving at Legacy Wealth Concepts in Baton Rouge, LA. He has held roles with BD Wealth Advisors and Louisiana College Board of Trustees, and has been involved in various business activities including tax preparation and serving on the Board of Election Supervisors. Legacy Wealth Concepts provides portfolio management and financial planning services to individual investors, trusts, charitable institutions, and other entities. The firm combines fee-based advisory with brokerage and insurance services, managing approximately $64.8 million with a focus on non-discretionary, customized investment solutions.
Lynella D
Series 63, Series 66
Baton Rouge, LA
Legacy Wealth Concepts
Lynella Devillier is a financial advisor at Legacy Wealth Concepts with 33 years of industry experience. She holds Series 63 and Series 66 licenses and has worked with multiple firms, including Orion Communications, Inc. and Benedict Wealth Management, LLC. Outside of her advisory work, she is involved in a workforce management software company serving first responders and municipal governments. Legacy Wealth Concepts provides portfolio management, financial planning, and related wealth services to individuals, trusts, charitable institutions, and other entities. The firm combines fiduciary advisory services with brokerage and insurance capabilities, managing approximately $64.8 million across a two-advisor team and offering customized investment solutions.
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