Legacy & Wealth Financial Advisors

Legacy & Wealth Financial Advisors provides investment advisory and financial planning services to individuals — including high net worth clients — and to corporations or other businesses. The firm offers discretionary portfolio management, a web‑based automated portfolio program that uses firm‑selected proprietary model portfolios, and hourly financial planning; the adviser is also licensed to sell insurance products.

The firm typically delivers tailored, discretionary advice based on client objectives and risk tolerance and rebalances model portfolios automatically through its web‑based program. It combines automated model-driven management with the ability to employ more active strategies (including margin, options, short sales, and occasional frequent trading), and clients invested in the firm’s models generally may not impose restrictions on specific holdings or allocations.

Noteworthy features include managing roughly $58.8 million in discretionary assets for about 112 clients while operating both a firm‑designed robo‑style platform and traditional advisory services, with participation in the web program requiring custody at Betterment and model portfolios managed through Schwab. The brochure discloses that the adviser earns commission income from insurance sales (a potential conflict) and that the firm practices directed brokerage for its required custodians and does not vote proxies on client securities.