Legacy One Financial Advisors, LLC is a large advisory firm based in Austin. It manages $1.57 billion of regulatory assets for 2,221 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alaska, Arkansas, California, and 3 other states.
Legacy One Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Legacy One Financial Advisors, LLC is $1.57 billion. The firm's AUM has grown by 177% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Legacy One Financial Advisors, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Legacy One Financial Advisors is high net worth individuals with 125 clients and $1.35 billion of assets under management. Among the 11 most similar advisory firms, Legacy One Financial Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.57 billion for 789 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Legacy One Financial Advisors doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
James Patrick Fortescue joined the executive team most recently as the Managing Partner.
The principal office where Legacy One Financial Advisors, LLC performs its advisory services is located at 8911 Capital Of Texas Hwy. N., Bldg. 3, Ste. 3210, Austin, TX 78759, which is also the mailing address of the firm. An additional office of the firm is in Georgetown, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 512-342-0202 or by fax 512-342-0101. The normal business hours are 8-5pm m-thrs.; 8-3pm fri. on Monday - Friday. You can find more information about the New York firm at legacy1fa.com.