Legacy Wealth Advisors, LLC

Legacy Wealth Advisors, LLC is a registered investment adviser based in Miami, FL, offering financial planning, consulting, and investment management services. The firm was established in July 2023 and is principally owned by Eugene Frenkel. As of December 31, 2024, Legacy Wealth Advisors managed $347,974,567 in assets, with $168,963,635 under discretionary management and $179,010,932 under non-discretionary management. The firm provides a range of financial planning services, including estate planning, retirement planning, and risk management, alongside investment portfolio management. Clients have discretion over decisions and are not obligated to act on recommendations. Legacy Wealth Advisors employs a customized investment philosophy, utilizing active and passive strategies across various asset classes. The firm may recommend engaging independent managers for specific investment needs. Fees are based on assets under management, ranging from 0.25% to 1.50% annually, with prorated quarterly billing. Legacy Wealth Advisors does not charge performance-based fees and serves individuals, trusts, corporations, and charitable organizations. The firm's investment strategies focus on diversification and risk management, tailored to client objectives and risk tolerance. Clients are advised on potential investment risks, including market, credit, and interest rate risks. Legacy Wealth Advisors does not accept proxy voting authority and does not provide compensation for client referrals. The firm exercises investment discretion on behalf of clients, with the authority to make investment decisions without client consent. Legacy Wealth Advisors does not have custody of client funds but can debit accounts for fee payment. Clients receive regular account statements and reports for transparency and review purposes.