The Legacy Financial Group, Inc. is a large advisory firm based in Tulsa. It manages $266 million of regulatory assets for 1,564 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arkansas, California, Kansas, and 3 other states.
The Legacy Financial Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for approximately 600 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Legacy Financial Group, Inc. is $266 million. The firm's AUM has grown by 173% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay The Legacy Financial Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 and high net worth individuals. The largest group of clients of Mark Leonard Springer is high net worth individuals with 456 clients and $234 million of assets under management. Among the 8 most similar advisory firms, The Legacy Financial Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $266 million for 1,564 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.
The Legacy Financial Group doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Mark Leonard Springer has been acting as President since 1 Apr 2005. Gery Joseph Sadzewicz joined the executive team most recently as the Chief Compliance Officer.
The principal office where The Legacy Financial Group, Inc. performs its advisory services is located at 2508 E 21 St Street, Tulsa, OK 74114, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 918-665-0826 or by fax 918-933-4393. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at legacyadvisor.net.