AdvisorCensus / Financial advisors / Mississippi / Jackson / Legacy Wealth Management, LLC
Legacy Wealth Management, LLC is an SEC-registered investment advisory firm in Ridgeland, MS, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 15, 2026.
Quick answers
From the filingHow is Legacy Wealth Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Legacy Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Legacy Wealth Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated July 15, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $5,000,000: 0.85% a year; $5,000,000 to $10,000,000: 0.7% a year; Above $10,000,000: 0.6% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Legacy Wealth Management, LLC located?
Legacy Wealth Management, LLC's principal office is in Ridgeland, MS, according to its Form ADV.
Is Legacy Wealth Management, LLC registered with the SEC or a state?
Legacy Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304659.
How much does Legacy Wealth Management, LLC manage?
Legacy Wealth Management, LLC reports $458,603,206 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (86% discretionary).
How have Legacy Wealth Management, LLC's assets and staff changed since 2021?
In the Form ADV data for Legacy Wealth Management, LLC: Regulatory assets under management: $259,166,407 in the October 2021 data and $458,603,206 in the October 2026 data, up 77%. Total employees: 2 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Legacy Wealth Management, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (56); high net worth individuals (40); charitable organizations (1).
Which custodians does Legacy Wealth Management, LLC use?
Legacy Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Pershing Advisor Solutions LLC and SEI Private Trust Company as custodians holding 10% or more of its separately managed account assets.
Does Legacy Wealth Management, LLC 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/304659
What changed in Legacy Wealth Management, LLC's recent Form ADV filings?
In the August 2026 filing data: Registered or notice-filed in FL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 1% |
| $1,000,000 to $5,000,000 | 0.85% |
| $5,000,000 to $10,000,000 | 0.7% |
| Above $10,000,000 | 0.6% |
The brochure's wording
Fees are typically assessed in arrears, but may be payable in advance under limited circumstances. If an account is closed or transferred, LWM has the right to prorate fees for the period of time the assets are under management.
1.00% - first tier for assets up to $1 million 0.85% - second tier on next $4 million of assets 0.70% - third tier on next $5 million of assets 0.60% - final tier on assets exceeding $10 million
As stated in the firm's Form ADV Part 2A brochure dated July 15, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$458,603,206 as of October 2026, filing dated July 15, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 4. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
4 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $458,603,206 | 4 | July 15, 2026 |
| October 2025 | $421,093,989 | 4 | February 27, 2025 |
| October 2024 | $304,881,021 | 3 | August 20, 2024 |
| October 2023 | $273,080,944 | 3 | February 10, 2023 |
| October 2022 | $314,518,843 | 1 | January 27, 2022 |
| October 2021 | $259,166,407 | 2 | February 5, 2021 |
Regulatory assets under management: $259,166,407 in the October 2021 data and $458,603,206 in the October 2026 data, up 77%.
Total employees: 2 in October 2021 and 4 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- August 2026
- Registered or notice-filed in FL.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Legacy Wealth Management, LLC (CRD 304659): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/legacy-wealth-management-llc-ridgeland-ms-304659