Wealth manager, independent · Plymouth Meeting, PA
Legacy Advisors, LLC
SEC-registered investment adviser · CRD 139830 · SEC 801-66582
At a glance
Legacy Advisors, LLC is an SEC-registered investment adviser based in Plymouth Meeting, Pennsylvania, with $5.2B in regulatory assets under management as of its Form ADV filed March 26, 2026. It reports 306 individual clients, 282 of them high-net-worth, holding an average of about $16 million each, and 50 employees. That ranks it 207th among the nation’s 5,657 independent wealth management RIAs and 13th of 260 in Pennsylvania. It reports 2 custodians for its clients’ separately managed accounts: BNY Pershing and Charles Schwab.
Main office 610-943-3000legacyadvice.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $5.2B
- Rank among independent wealth managers
- #207 of 5,657
- Rank among all SEC RIAs
- #2,048 of 17,210
- Rank in Pennsylvania
- #13 of 260
- Individual clients
- 306
- High-net-worth clients
- 282
- Accounts
- 2,297
- Discretionary
- 98% of AUM
- Employees
- 50
- Advisory staff
- 25
- Offices
- 1
Owners and executives on its Form ADV
- Michael T. PiotrowiczManaging Board Member
- Vincent A. PanviniManaging Board Member
- Theodore P. PiotrowiczManaging Board Member
- Matthew J. SgroChief Compliance Officer/director of Finance
Custody and brokerage
Broker-dealer
Hybrid RIA
Legacy Advisors, LLC is a hybrid RIA: 13 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names M Holdings Securities as the broker-dealer its advisers are registered with.
Persons providing investment advice on behalf of our firm who are registered representatives of M Holdings Securities will recommend M Holdings Securities to you for brokerage services.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 282 | $4.8B | 92% |
| Corporations or other businesses | 5 | $163M | 3% |
| Charitable organizations | 6 | $144M | 3% |
| Individuals | 24 | $93M | 2% |
Disciplinary disclosures
Legacy Advisors, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗legacyadvice.com ↗
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The full record on Legacy Advisors, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 785 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Greycourt & Co., Inc.Pittsburgh | $6.6B | 36 |
| PitcairnConshohocken | $5.9B | 330 |
| Waldron Private WealthBridgeville | $5.5B | 517 |
| JFS Wealth Advisors, LLCHermitage | $4.7B | 2,216 |
| Wharton Business Group, LLCMalvern | $4.6B | 100 |
| Sage Financial Group Inc.West Conshohocken | $4.3B | 1,101 |
Background
Questions
How much does Legacy Advisors, LLC manage?
Legacy Advisors, LLC reports $5.2B in regulatory assets under management across 2,297 accounts, 98% of it on a discretionary basis, on its Form ADV filed March 26, 2026.
How many clients does Legacy Advisors, LLC have?
It reports 306 individual clients: 282 high-net-worth individuals and 24 other individuals. Individuals account for about 94% of its regulatory assets.
Where is Legacy Advisors, LLC headquartered?
Its main office is in Plymouth Meeting, Pennsylvania. It reports 1 office in total and 50 employees, 25 of whom perform investment advisory functions.
How does Legacy Advisors, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Legacy Advisors, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: BNY Pershing and Charles Schwab. On Schedule D of its Form ADV filed March 26, 2026, it reports these amounts held: BNY Pershing ($4.2B); Charles Schwab ($844M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Legacy Advisors, LLC a hybrid RIA with a broker-dealer?
Legacy Advisors, LLC is a hybrid RIA: 13 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Legacy Advisors, LLC a fiduciary?
As an SEC-registered investment adviser, Legacy Advisors, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 13 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Legacy Advisors, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-26), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →