{
  "crd_number": 139830,
  "slug": "legacy-advisors-llc-plymouth-meeting-pa-139830",
  "primary_business_name": "LEGACY ADVISORS, LLC",
  "legal_name": "LEGACY ADVISORS, LLC",
  "dbas": [],
  "city": "Plymouth Meeting",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-04-11",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 5168722434.0,
  "raum_discretionary": 5078980898.0,
  "raum_non_discretionary": 89741536.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 50,
  "advisory_employees": 25,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 144418909.0,
      "count": 6
    },
    "individuals": {
      "raum": 92994562.0,
      "count": 24
    },
    "high_net_worth_individuals": {
      "raum": 4768089900.0,
      "count": 282
    },
    "corporations_other_businesses": {
      "raum": 163219063.0,
      "count": 5
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "CT",
    "FL",
    "GA",
    "MD",
    "NH",
    "NJ",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://legacyadvice.com",
    "https://linkedin.com/COMPANY/LEGACY-ADVISORS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/139830",
  "city_as_filed": "PLYMOUTH MEETING",
  "url": "https://advisorcensus.com/firm/legacy-advisors-llc-plymouth-meeting-pa-139830",
  "display_name": "Legacy Advisors, LLC",
  "summary": "Legacy Advisors, LLC is an SEC-registered investment advisory firm in Plymouth Meeting, PA, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Legacy Advisors, LLC (CRD 139830): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Legacy Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Legacy Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Legacy Advisors, LLC located?",
      "a": "Legacy Advisors, LLC's principal office is in Plymouth Meeting, PA, according to its Form ADV."
    },
    {
      "q": "Is Legacy Advisors, LLC registered with the SEC or a state?",
      "a": "Legacy Advisors, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139830."
    },
    {
      "q": "How much does Legacy Advisors, LLC manage?",
      "a": "Legacy Advisors, LLC reports $5,168,722,434 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (98% discretionary)."
    },
    {
      "q": "How have Legacy Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Legacy Advisors, LLC: Regulatory assets under management: $2,103,043,995 in the October 2021 data and $5,168,722,434 in the October 2026 data, up 146%. Total employees: 37 in October 2021 and 50 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Legacy Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (282); individuals (other than high net worth individuals) (24); charitable organizations (6)."
    },
    {
      "q": "Which custodians does Legacy Advisors, LLC use?",
      "a": "Legacy Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Legacy Advisors, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/139830"
    },
    {
      "q": "Does Legacy Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 26, 2026 says: \"Legacy does not impose a minimum asset level or minimum annual fee requirement for opening or maintaining an account.\""
    },
    {
      "q": "What changed in Legacy Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 22 to 25. Regulatory assets under management went from $4,182,473,646 to $5,168,722,434 (+24%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2103043995.0,
      "total_employees": 37,
      "filing_date": "2021-09-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2846658597.0,
      "total_employees": 37,
      "filing_date": "2022-05-06"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2802742802.0,
      "total_employees": 39,
      "filing_date": "2023-09-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 3635326096.0,
      "total_employees": 38,
      "filing_date": "2024-05-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4182473646.0,
      "total_employees": 38,
      "filing_date": "2025-03-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 5168722434.0,
      "total_employees": 50,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 22 to 25.",
        "Regulatory assets under management went from $4,182,473,646 to $5,168,722,434 (+24%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 26, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Legacy does not impose a minimum asset level or minimum annual fee requirement for opening or maintaining an account."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "Legacy does not impose a minimum asset level or minimum annual fee requirement for opening or maintaining an account."
        ]
      }
    ],
    "quotes": [
      "Legacy does not impose a minimum asset level or minimum annual fee requirement for opening or maintaining an account.",
      "Legacy does not impose a minimum asset level or minimum annual fee requirement for opening or maintaining an account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/legacy-advisors-llc-plymouth-meeting-pa-139830.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 24,
      "fewer_than_5": false,
      "raum": 92994562.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 282,
      "fewer_than_5": false,
      "raum": 4768089900.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 144418909.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 5,
      "fewer_than_5": false,
      "raum": 163219063.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/139830",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}