Legacy Wealth

Legacy Wealth Asset Management, LLC, operating as Legacy Wealth, is a financial advisor firm based in Woodbury, Minnesota. Established in 2020, the firm is owned by Legacy Wealth, LLC, with indirect ownership by Michael, Ben, Matthew, Josh, and John Brocker. Legacy Wealth acts as a fiduciary, committed to always acting in the best interest of clients. The firm offers a range of investment advisory services, including Legacy Comprehensive Planning, Wrap Customized Legacy Portfolios, Wrap Legacy Funds Portfolios, and Retirement Plan Consulting. Legacy Wealth's investment strategies include asset allocation, fundamental analysis, qualitative analysis, quantitative analysis, and sector analysis. The firm also offers Biblically Responsible Investing options. Clients are required to have a minimum account balance of $150,000 for Wrap Customized Legacy Portfolios. Legacy Wealth charges flat fees for Legacy Comprehensive Planning, with fees not exceeding $5,000. The firm manages $475,000,000 in regulatory assets under management as of December 31, 2024. Clients receive annual reviews of their accounts or financial plans, with additional reviews triggered by major events or client requests. Legacy Wealth does not receive soft dollars, referral fees, or brokerage for client referrals. The firm votes client proxies and provides investment discretion with authorization from clients. Legacy Wealth recommends the use of Schwab as a custodian and broker, with services benefiting both clients and the firm.