New Legacy Group, LLC

New Legacy Group, LLC is an SEC-registered investment adviser established in 2011. The firm, located in New York, specializes in providing advisory services to clients through hedge fund selection, direct investments, and wealth management services for family offices. They manage approximately $694.1 million in discretionary and $13.6 million in non-discretionary regulatory assets under management. Clients may have minimum investment requirements ranging from $50,000 to $1,000,000, which can be waived at the manager's discretion. Fees for Private Funds or SPVs typically range from 0.75% to 2.0% per annum for assets under management and 0% to 20% of profits for performance fees. New Legacy Group acts as a fiduciary and does not participate in Wrap Fee Programs. The firm's investment strategies include hedge fund selection, direct investments in various sectors, and wealth management services. Clients receive regular account reviews, and the firm follows a Code of Ethics to ensure high standards of business conduct. New Legacy Group may engage in cross trades and aggregation of orders to benefit clients economically. The firm does not generally vote proxies due to minimal exposure to public equities. Financially, New Legacy Group does not solicit prepayment exceeding $1200 or have conditions likely to impair meeting contractual commitments. No bankruptcy petitions have been filed in the past decade.