Legacy Financial Group, LLC is a large advisory firm based in Des Moines. It manages $376.88 million of regulatory assets for 2,335 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 11 other states.
Legacy Financial Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Legacy Financial Group, LLC is $376.88 million. The firm's AUM has grown by 149% since the beginning of its operation, and $1.58 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Legacy Financial Group, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Legacy Financial Group is individuals with 1,382 clients and $224.96 million of assets under management. Among the 12 most similar advisory firms, Legacy Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $376.88 million for 1,475 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Legacy Financial Group doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Legacy Financial Group, LLC performs its advisory services is located at 6000 Grand Avenue, Des Moines, IA 50312, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 515-255-3306 or by fax 515-277-3133. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at lfgplanners.com.