Legacy Wealth Management Inc

Legacy Wealth Management, Inc. is an independent firm founded in 1982, specializing in financial planning and portfolio management. The firm operates on a fee-only basis, managing assets on a discretionary basis for individuals, trusts, institutions, and other investors. Legacy offers customized financial planning services in addition to portfolio management, covering various financial aspects such as cash flow, retirement planning, and estate planning. The firm's investment strategy involves globally diversified portfolios primarily consisting of no-load mutual funds, exchange-traded funds, and individual bonds. Legacy's fee structure is based on a percentage of assets under management, with a minimum account size of $500,000. The firm rebalances client accounts as needed and provides regular performance reports to clients. Legacy does not charge performance-based fees or engage in side-by-side management. Clients have the option to grant investment discretion to Legacy, with the firm exercising discretion in alignment with the client's stated investment objectives. Legacy does not vote client securities proxies and does not accept custody of client funds or securities, except in cases where clients provide login credentials for account management purposes. The firm maintains a Code of Ethics to address potential conflicts of interest and emphasizes putting clients' interests first. Legacy has a financing arrangement with Emigrant Partners, LLC, enabling independent wealth management services.