Legacy Wealth Advisors, LLC

Legacy Wealth Advisors, LLC is an independent, fee-based registered investment advisory firm established in August 2000, with Edwin Ryu as the principal officer. The firm specializes in serving multi-family office and wealth management clients, offering personalized investment strategies tailored to individual needs. Legacy Wealth Advisors provides investment management services on a discretionary basis, with the ability to accommodate non-discretionary clients as well. The firm's investment process includes risk assessment, portfolio recommendations, and ongoing monitoring. They manage assets totaling $130,146,460 on a discretionary basis and $7,333,759 on a non-discretionary basis as of December 31, 2024. For financial planning and consulting services, Legacy Wealth Advisors charges a fixed fee starting at $2,500 per engagement or an hourly rate of up to $500. Wealth Advisory Services fees are negotiated and generally range from 0.5% to 1.5% per year of assets under management. The firm does not receive performance-based fees and primarily serves individuals, high net worth individuals, families, and institutions. The minimum initial investment to establish a new advisory account is $2,000,000, with the possibility of waiving this requirement at the advisor's discretion. Legacy Wealth Advisors does not receive soft dollars or compensation for client referrals and does not engage in directed brokerage practices. Clients have the option to grant discretionary authority for managing their assets, with the firm providing detailed information on methods of analysis, investment strategies, and risk of loss.