Legacy Wealth Managment, Llc/id
Legacy Wealth Management, Inc. is an independent, employee-owned investment advisory firm headquartered in Memphis, Tennessee. Founded in 1982, Legacy offers comprehensive financial planning and customized portfolio management services to individuals, families, trusts, and institutions. The firm operates on a fee-only basis, ensuring objective and unbiased advice tailored to each client’s specific long-term financial goals. As of February 2025, Legacy manages approximately $2.4 billion in assets for about 1,425 clients. The firm employs a collaborative team of experienced financial professionals who coordinate client service in teams. Legacy does not participate in wrap fee programs and is led by a group of significant shareholders including Duncan Miller (President/CEO), Charles Jalenak, Hallie Peyton, Lindsey Mazzola, Rob Sievers, Rebecca Rawlinson, and Alan Vosburg.
Investment Strategy
Legacy Wealth Management develops and manages client investment portfolios based on each client's distinct objectives, risk tolerance, and circumstances. The firm provides discretionary and non-discretionary asset management services, primarily utilizing no-load mutual funds, exchange-traded funds (ETFs), and individual bonds, as well as occasionally recommending sub-advisers for specific strategies. Strategic asset allocation is central to Legacy’s approach, with regular rebalancing and adjustments made as needed without requiring additional client consultation. The firm also integrates comprehensive financial planning, including cash flow, estate, tax, and retirement planning, to ensure alignment with clients’ broader financial goals. Investment recommendations are always fee-only, impartial, and customized for long-term financial success.
Top Holdings
Equity Positions (716)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BSGM | BIOSIG TECHNOLOGIES INC | 25.41% | $48.8M | 6,838,677 | $1.66 | $7.14 | +$45.1M |
N NEOV | NEOVOLTA INC | 7.84% | $15.1M | 4,567,051 | $3.13 | $3.30 | +$7.2M |
B BITO | PROSHARES TR | 5.72% | $11.0M | 510,712 | $19.19 | $21.51 | +$1.6M |
B BIL | SPDR SERIES TRUST | 4.00% | $7.7M | 83,849 | $91.81 | $91.73 | -$2.9M |
U UCON | FIRST TR EXCHNG TRADED FD VI | 3.59% | $6.9M | 276,854 | $25.00 | $24.89 | +$3.7M |
Options Positions (5)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Sold | Put | $3.0M | 49 | $617.85 | $573.76 | -15 | -$552.6K |
N NVDA | NVIDIA CORPORATION | Sold | Call | $94.8K | 6 | $157.99 | $121.44 | -13 | -$111.1K |
U USB | US BANCORP DEL | New | Call | $22.6K | 5 | $45.25 | $45.25 | +5 | +$22.6K |
M MU | MICRON TECHNOLOGY INC | Sold | Call | $12.3K | 1 | $123.25 | $95.30 | -1 | -$5.1K |
D DECK | DECKERS OUTDOOR CORP | New | Call | $10.3K | 1 | $103.07 | $103.07 | +1 | +$10.3K |