Wealth manager, independent · Memphis, TN
Legacy Wealth Management, LLC
Legacy Wealth Management Inc · SEC-registered investment adviser · CRD 108619 · SEC 801-18073
At a glance
Legacy Wealth Management, LLC is an SEC-registered investment adviser based in Memphis, Tennessee, with $2.7B in regulatory assets under management as of its Form ADV filed March 13, 2026. It reports 1,460 individual clients, 674 of them high-net-worth, holding an average of about $1.6 million each, and 22 employees. That ranks it 421st among the nation’s 5,657 independent wealth management RIAs and 4th of 102 in Tennessee. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 901-758-9006legacywealth.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.7B
- Rank among independent wealth managers
- #421 of 5,657
- Rank among all SEC RIAs
- #3,055 of 17,210
- Rank in Tennessee
- #4 of 102
- Individual clients
- 1,460
- High-net-worth clients
- 674
- Accounts
- 4,667
- Discretionary
- 95% of AUM
- Employees
- 22
- Advisory staff
- 16
- Offices
- 1
Owners and executives on its Form ADV
- Hallie L PeytonDirector
- Cathy A. SimmonsChief Compliance Officer
- Duncan L MillerPresident & CEO
- Lindsey B. MazzolaDirector of Client Operations
- E C. JalenakDirector
- Robin K. SieversManaging Director
- Rebecca J. RawlinsonDirector of Client Service
- Lawrence J. EpperlyDirector of Client Service
- Nicholas G. SowellDirector of Financial Planning
- Alan E. VosburgIT Manager
Custody and brokerage
Broker-dealer
No broker-dealer ties
Legacy Wealth Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 674 | $2.1B | 78% |
| Individuals | 786 | $323M | 12% |
| Corporations or other businesses | 9 | $238M | 9% |
| Charitable organizations | 6 | $22M | <1% |
| Pension and profit sharing plans | – | $7M | <1% |
| State or municipal government entities | – | $6M | <1% |
Disciplinary disclosures
Legacy Wealth Management, 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
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗legacywealth.com ↗
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The full record on Legacy Wealth Management, 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 1,525 peers of its type and size
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- 10 namedLocked
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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 Tennessee
All of Tennessee →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Sagespring Wealth PartnersFranklin | $8.5B | 11,558 |
| The Pacific Financial Group, Inc.Nashville | $5.1B | 16,818 |
| Red Door Wealth Management, LLCMemphis | $3.1B | 929 |
| Rather & Kittrell, Inc.Knoxville | $2.3B | 982 |
| Capwealth Advisors, LLCFranklin | $2.0B | 1,407 |
| Woodmont Investment Counsel, LLCNashville | $2.0B | 437 |
Background
Questions
How much does Legacy Wealth Management, LLC manage?
Legacy Wealth Management, LLC reports $2.7B in regulatory assets under management across 4,667 accounts, 95% of it on a discretionary basis, on its Form ADV filed March 13, 2026.
How many clients does Legacy Wealth Management, LLC have?
It reports 1,460 individual clients: 674 high-net-worth individuals and 786 other individuals. Individuals account for about 90% of its regulatory assets.
Where is Legacy Wealth Management, LLC headquartered?
Its main office is in Memphis, Tennessee. It reports 1 office in total and 22 employees, 16 of whom perform investment advisory functions.
How does Legacy Wealth Management, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; 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 Wealth Management, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed March 13, 2026, it reports these amounts held: Charles Schwab ($1.5B); Fidelity ($953M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Legacy Wealth Management, LLC a hybrid RIA with a broker-dealer?
Legacy Wealth Management, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Legacy Wealth Management, LLC a fiduciary?
As an SEC-registered investment adviser, Legacy Wealth Management, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Legacy Wealth Management, 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 (2026-03-13), 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 →