Legacy Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Legacy Advisors reports 317 clients. They include 282 high-net-worth individuals, 24 individual clients and 6 charitable organizations. Of its assets, 98.3% ($5.08B across 2,246 accounts) are managed with discretion; $89.7M across 51 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 8% | 2% |
| High-net-worth individuals | 89% | 92% |
| Charitable organizations | 2% | 3% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 24 | $93M | 1.8% | $3.87M |
| High-net-worth individuals | 282 | $4.77B | 92.2% | $16.9M |
| Charitable organizations | 6 | $144M | 2.8% | $24.1M |
| Corporations and other businesses | 5 | $163M | 3.2% | $32.6M |
| Total | 317 | $5.17B | 100% | $16.3M |
- Clients
- 24
- Regulatory AUM
- $93M
- AUM share
- 1.8%
- Avg. per client
- $3.87M
- Clients
- 282
- Regulatory AUM
- $4.77B
- AUM share
- 92.2%
- Avg. per client
- $16.9M
- Clients
- 6
- Regulatory AUM
- $144M
- AUM share
- 2.8%
- Avg. per client
- $24.1M
- Clients
- 5
- Regulatory AUM
- $163M
- AUM share
- 3.2%
- Avg. per client
- $32.6M
Total
- Clients
- 317
- Regulatory AUM
- $5.17B
- AUM share
- 100%
- Avg. per client
- $16.3M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Legacy Advisors charges up to 1.25% a year for its Portfolio management services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning and consulting
- Hourly financial planning and consulting generally ranges from $100 to $400, negotiable by scope of services.
Legacy Advisors Holdings, LLC owns 75% or more of Legacy Advisors and is in turn owned by Irrev Deed of Trust of Pamela Piotrowicz 10-1-21 (25–50%). The leadership team of Legacy Advisors includes Chief Compliance Officer Matthew Sgro. It has 50 employees, 25 of them in advisory roles.
Leadership
- Matthew SgroChief Compliance Officer/Director of Finance
- Vincent PanviniManaging Board Member
- Michael PiotrowiczManaging Board Member
- Theodore PiotrowiczManaging Board Member
Investment adviser representatives
19 representatives listed in the SEC register as of 9 October 2026.
- Joshua Paul Barnes
- Ryan David Becker
- Patrick Ryan Devlin
- John Keegan Einspanier
- Joseph Thomas Fabrizio JR
- Kelly Marie Hansen
- Thomas Richard Holt JR
- John Edward Krol
- Steven Paul Mignogna
- Kevin Michael Piotrowicz
- Ryan Joseph Rabinowitz
- Thomas Francis Riley
- John McPoland Steigerwald
- Aaron Eduard Stolpen
- Jared Uribe-Sullivan
- Robert Francis Wurster
Staff
- 50 employees
- 25 in advisory functions
- 17 state-registered reps
- 13 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of Legacy Advisors, LLC
Legacy Advisors Holdings, LLC
Control person · since January 2026
- Owns 25% to 50% of Legacy Advisors Holdings, LLC
Irrev Deed of Trust of Pamela Piotrowicz 10-1-21
since January 2026
Pam Piotrowicz
Trustee · Control person · since March 2025
Legacy Advisors’ regulatory assets grew 2.5× from $2.1B (May 2021) to $5.17B (March 2026); clients were 317 in both filings and employees rose from 37 to 50.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $5.17B | 317 | 50 | 1 |
| March 2025 | $4.18B | 220 | 38 | 1 |
| May 2024 | $3.64B | 236 | 38 | 1 |
| April 2023 | $2.8B | 249 | 38 | 1 |
| May 2022 | $2.85B | 1,568 | 37 | 1 |
| May 2021 | $2.1B | 306 | 37 | 1 |
Besides its headquarters, Legacy Advisors has 0 offices, with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 5 Apollo Road, Suite 100, Plymouth MeetingHQ
Contact and registration details
- Legal name
- Legacy Advisors, LLC
- Headquarters
- 5 Apollo Road, Suite 100, Plymouth Meeting, PA 19462
- Website
- legacyadvice.com
- Phone
- 610-943-3000
- @legacy-advisors
- SEC file
- 801-66582
- Structure
- Delaware LLC
- Fiscal year end
- December
Legacy Advisors uses Pershing ($4.16B, 83%) and Charles Schwab ($844M, 17%) as custodians for its separately managed accounts. Legacy Advisors has custody of $178M in client assets for 34 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $4.16B83%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $844M17%
At year end, Legacy Advisors’ separately managed accounts were mostly in funds (80%) and bonds (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.07B across 337 positions; the largest are Gmo ETF Trust (13.4%), Vanguard Index Fds (7.1%) and iShares TR (4.9%).
What the accounts hold
- Stocks5%
- Funds80%
- Registered funds75%
- Pooled vehicles5%
- Bonds10%
- U.S. government and agency bonds5%
- State and local bonds5%
- Cash5%
Reported 13F holdings
- $1.07B
- Reported 13F value
- 337
- Positions
- 47.7%
- In the 10 largest
- +26.2%
- Value vs. prior quarter
- Gmo ETF Trust · US Quality ETF13.4%
- Vanguard Index Fds · S&P 500 ETF Shs7.1%
- iShares TR · Core S&P Scp ETF4.9%
- Mastec Inc.4.8%
- Apple Inc.4.0%
- iShares TR · Rus 1000 ETF3.4%
- State Str SPDR S&P 500 ETF T · TR Unit2.9%
- iShares TR · Core S&P500 ETF2.7%
- Advisors Inner Circle FD Iii · Gqg US Equit ETF2.3%
- Alphabet Inc. · Cap Stk CL A2.2%
Together, the ten largest are 47.7% of reported value.
How many clients does Legacy Advisors have?
Legacy Advisors has 317 clients and manages $5.17 billion for them, as of March 2026. They include 282 high-net-worth individuals, 24 individual clients and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Legacy Advisors offer?
Legacy Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Legacy Advisors charge?
Legacy Advisors charges up to 1.25% a year for its Portfolio management services. The fee is billed in arrears and is negotiable.
Source: LEGACY ADVISORS, LLC ADV BROCHURE, filed 26 March 2026
Which custodians does Legacy Advisors use?
Legacy Advisors’ separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $4.16B and Charles Schwab & Co., Inc. (Westlake, TX), with $844M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Legacy Advisors have?
Legacy Advisors has 17 investment adviser representatives registered with state securities authorities, out of 50 employees, and 25 perform investment advisory functions. 13 employees are registered representatives of a broker-dealer and 5 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Legacy Advisors invest in?
At the end of its last fiscal year, Legacy Advisors’ separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 5% U.S. government and agency bonds, 5% state and local bonds, 5% pooled vehicles (private funds and similar) and 5% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Legacy Advisors?
Legacy Advisors’ direct owner is Legacy Advisors Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Legacy Advisors get paid?
Legacy Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Legacy Advisors registered with the SEC?
Yes, Legacy Advisors has been registered with the SEC as an investment adviser since 11 April 2006. Its CRD number is 139830 and its SEC file number is 801-66582.
Source: Form ADV Part 1A, Item 1, filed 26 March 2026; IAPD firm record
How do I contact Legacy Advisors?
Legacy Advisors’ main office is at 5 Apollo Road, Suite 100, Plymouth Meeting, PA 19462. Its phone number is 610-943-3000. Its website is legacyadvice.com.