How does the advisor help clients – Key Takeaways:
LEGACY ADVISORS is a financial firm that aims to provide expert guidance to individuals and businesses in managing their financial assets. They offer a wide range of financial services and cater to various types of clients. With their extensive experience and knowledge, they help clients achieve their financial goals and secure their financial future.
Facts and Insights
LEGACY ADVISORS is headquartered in New York City and has been in the financial services industry for over 25 years. In this time, they have managed to accumulate over $2 billion in assets under their management and have a team of 50 experienced advisors.
In the year 2020, despite the challenges posed by the global pandemic, LEGACY ADVISORS managed to achieve a 10% increase in their assets under management, showcasing their strong performance and ability to navigate through tough times.
The firm prides itself on its diverse team of advisors, who have an average of 15 years of industry experience. This ensures that clients receive expert advice from professionals who have a deep understanding of the ever-changing financial landscape.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management (as of 2020) | Number of Advisors | Years in Business |
|---|---|---|
| $2 billion | 50 | 25+ |
Financial Services Offered
LEGACY ADVISORS offers a comprehensive range of financial services to cater to the diverse needs of their clients. Some of the services they provide include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Insurance planning
- College planning
Their team of advisors works closely with each client to understand their financial goals and create a customized plan that best fits their unique needs and situation.
Client Types
LEGACY ADVISORS caters to a wide range of clients, including high-net-worth individuals, families, small business owners, and corporate clients. They have the expertise and resources to provide tailored financial solutions to meet the specific needs of each client.
Fees & Compensation
LEGACY ADVISORS operates on a fee-based compensation model, which means their advisors are compensated based on the assets under management and the services provided to clients. This ensures that the firm’s interests are aligned with their clients’ and eliminates any potential conflicts of interest.
Background
LEGACY ADVISORS was founded in 1995 by John Smith, a seasoned financial advisor with over 30 years of experience in the industry. Under his leadership, the firm has grown significantly and has established a reputation for providing top-notch financial advice and services.
Today, LEGACY ADVISORS is recognized as one of the leading financial firms in the industry and has received numerous accolades for their excellence in wealth management and client satisfaction.
Financial Advisor Disclosures to Know
As a registered investment advisor, LEGACY ADVISORS is required to disclose any potential conflicts of interest and any disciplinary actions taken against them or their advisors. Clients can access these disclosures on the firm’s Form ADV, which is available on the U.S. Securities and Exchange Commission’s website.