{
  "crd_number": 304659,
  "slug": "legacy-wealth-management-llc-ridgeland-ms-304659",
  "primary_business_name": "LEGACY WEALTH MANAGEMENT, LLC",
  "legal_name": "LEGACY WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Ridgeland",
  "state": "MS",
  "country": "United States",
  "cbsa_code": "27140",
  "metro": {
    "cbsa_code": "27140",
    "common_name": "Jackson",
    "msa_name": "Jackson, MS",
    "path": "/advisors/ms/jackson"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-07-26",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-07-15",
  "carried_forward": false,
  "raum_total": 458603206.0,
  "raum_discretionary": 394079662.0,
  "raum_non_discretionary": 64523544.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 11281004.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 16292765.0,
      "count": 56
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 431029437.0,
      "count": 40
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "MS",
    "TX"
  ],
  "websites": [
    "https://mylegacy.ms"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304659",
  "city_as_filed": "RIDGELAND",
  "url": "https://advisorcensus.com/firm/legacy-wealth-management-llc-ridgeland-ms-304659",
  "display_name": "Legacy Wealth Management, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Legacy Wealth Management, LLC (CRD 304659): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Legacy Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Legacy Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Legacy Wealth Management, LLC's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Legacy Wealth Management, LLC located?",
      "a": "Legacy Wealth Management, LLC's principal office is in Ridgeland, MS, according to its Form ADV."
    },
    {
      "q": "Is Legacy Wealth Management, LLC registered with the SEC or a state?",
      "a": "Legacy Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304659."
    },
    {
      "q": "How much does Legacy Wealth Management, LLC manage?",
      "a": "Legacy Wealth Management, LLC reports $458,603,206 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (86% discretionary)."
    },
    {
      "q": "How have Legacy Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Legacy Wealth Management, LLC serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Legacy Wealth Management, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Legacy Wealth Management, 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/304659"
    },
    {
      "q": "What changed in Legacy Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 259166407.0,
      "total_employees": 2,
      "filing_date": "2021-02-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 314518843.0,
      "total_employees": 1,
      "filing_date": "2022-01-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 273080944.0,
      "total_employees": 3,
      "filing_date": "2023-02-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 304881021.0,
      "total_employees": 3,
      "filing_date": "2024-08-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 421093989.0,
      "total_employees": 4,
      "filing_date": "2025-02-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 458603206.0,
      "total_employees": 4,
      "filing_date": "2026-07-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in FL."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 15, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $5,000,000",
        "rate": "0.85%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.7%"
      },
      {
        "band": "Above $10,000,000",
        "rate": "0.6%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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\n0.85% - second tier on next $4 million of assets\n0.70% - third tier on next $5 million of assets\n0.60% - final tier on assets exceeding $10 million"
        ]
      }
    ],
    "quotes": [
      "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\n0.85% - second tier on next $4 million of assets\n0.70% - third tier on next $5 million of assets\n0.60% - final tier on assets exceeding $10 million"
    ],
    "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
    },
    {
      "name": "SEI Private Trust Company",
      "name_as_filed": "SEI PRIVATE TRUST COMPANY",
      "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-wealth-management-llc-ridgeland-ms-304659.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 56,
      "fewer_than_5": false,
      "raum": 16292765.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 40,
      "fewer_than_5": false,
      "raum": 431029437.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 11281004.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/304659",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}