Legacy Wealth Management, Inc.
Legacy Wealth Management, Inc. is a Tennessee-based independent Registered Investment Adviser (RIA) firm, founded in 1982, headquartered in Memphis. The firm serves primarily individuals (including high net worth clients), with over 40 years of continuous advisory operations. Its staff includes approximately 41 employees, most in advisory and investment roles. Legacy Wealth Management offers comprehensive wealth management and financial planning services for clients seeking customized portfolio management and objective advice.
Investment Strategy
Legacy Wealth Management, Inc. implements a diversified asset allocation strategy focused on long-term growth and preservation of capital. The firm primarily builds customized portfolios for individuals using a mix of ETFs, mutual funds, and direct equity and fixed income securities, guided by modern portfolio theory. Investment philosophy emphasizes thorough risk assessment, regular rebalancing, tax efficiency, and adapting strategies to changing market conditions. Their portfolios reflect a blend of active and passive management targeting client-specific goals and risk tolerances.
Top Holdings
Equity Positions (29)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | ISHARES TR | 21.18% | $359.8M | 537,532 | $532.95 | $669.30 | +$30.7M |
I IWB | ISHARES TR | 15.55% | $264.1M | 722,592 | $101.54 | $365.48 | +$16.6M |
S SCHK | SCHWAB STRATEGIC TR | 12.03% | $204.3M | 6,361,635 | $15.73 | $32.12 | +$6.0M |
J JCPB | J P MORGAN EXCHANGE TRADED F | 9.93% | $168.7M | 3,546,974 | $46.92 | $47.55 | +$12.7M |
F FBND | FIDELITY MERRIMACK STR TR | 8.85% | $150.3M | 3,249,607 | $43.88 | $46.24 | +$8.5M |