# Legacy Financial Advisors, Inc.

> Legacy Financial Advisors, Inc. is an SEC-registered investment advisory firm in Covington, KY, registered since 2011, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 17, 2026.

- CRD: 158675
- Filed as: LEGACY FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Covington, KY
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158675
- AdvisorCensus page: https://advisorcensus.com/firm/legacy-financial-advisors-inc-covington-ky-158675

## Quick answers

**How is Legacy Financial Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Legacy Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Legacy Financial Advisors, Inc. charge?**
Its Form ADV Part 2A brochure dated March 6, 2026 states: Flat fee: $5,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Legacy Financial Advisors, Inc. located?**
Legacy Financial Advisors, Inc.'s principal office is in Covington, KY, according to its Form ADV.

**Is Legacy Financial Advisors, Inc. registered with the SEC or a state?**
Legacy Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 158675.

**How much does Legacy Financial Advisors, Inc. manage?**
Legacy Financial Advisors, Inc. reports $1,515,563,474 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary).

**How have Legacy Financial Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Legacy Financial Advisors, Inc.: Regulatory assets under management: $764,642,810 in the October 2021 data and $1,515,563,474 in the October 2026 data, up 98%. Total employees: 20 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Legacy Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (579); high net worth individuals (482); charitable organizations (4).

**Which custodians does Legacy Financial Advisors, Inc. use?**
Legacy Financial Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Legacy Financial Advisors, Inc. report any disciplinary disclosures?**
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/158675

**What changed in Legacy Financial Advisors, Inc.'s recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in GA, LA, NY, OR, WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 6, 2026)

- Flat fee: $5,000 (financial planning services)

> Financial Planning Services. Legacy provides financial planning services, as described in Item 4, for a flat fee of $5,000, payable upon delivery to the client of the financial plan.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,515,563,474
- Discretionary: $1,515,563,474
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 579 | $160,721,866 |
| High net worth individuals | 482 | $1,343,146,110 |
| Charitable organizations | 4 | $11,695,498 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2011 (15 years)
- Employees: 21 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, GA, IL, IN, KY, LA, NC, NY, OH, OR, PA, SC, TN, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [legacyfinancialadvisors.com](https://legacyfinancialadvisors.com)
- LinkedIn @10445928

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $764,642,810 | 20 | June 24, 2021 |
| October 2022 | $914,700,305 | 20 | March 8, 2022 |
| October 2023 | $987,602,317 | 20 | June 5, 2023 |
| October 2024 | $1,125,634,229 | 17 | September 3, 2024 |
| October 2025 | $1,255,617,352 | 21 | March 12, 2025 |
| October 2026 | $1,515,563,474 | 21 | July 17, 2026 |

Regulatory assets under management: $764,642,810 in the October 2021 data and $1,515,563,474 in the October 2026 data, up 98%.
Total employees: 20 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in GA, LA, NY, OR, WA.

### April 2026
- Regulatory assets under management went from $1,255,617,352 to $1,515,563,474 (+21%).

### January 2026
- No longer registered or notice-filed in CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Legacy Financial Advisors, Inc. (CRD 158675): Form ADV filing data as of October 2026.