Legacy Advisory Services provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
Legacy Advisory Services reports 123 clients. They include 75 individual clients and 48 high-net-worth individuals. Of its assets, 100.0% ($157M across 325 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 18% |
| High-net-worth individuals | 39% | 82% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 75 | $28.8M | 18.4% | $384K |
| High-net-worth individuals | 48 | $128M | 81.6% | $2.67M |
| Total | 123 | $157M | 100% | $1.28M |
- Clients
- 75
- Regulatory AUM
- $28.8M
- AUM share
- 18.4%
- Avg. per client
- $384K
- Clients
- 48
- Regulatory AUM
- $128M
- AUM share
- 81.6%
- Avg. per client
- $2.67M
Total
- Clients
- 123
- Regulatory AUM
- $157M
- AUM share
- 100%
- Avg. per client
- $1.28M
- 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
- 101–250
Legacy Advisory Services charges 0.75%–1.25% a year for its Advisory fee schedule. The fee is billed in advance. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Hourly advice and financial planning
- Investment advice or financial planning may be billed hourly at $250 per hour, negotiated in advance and billed monthly on completion of work.
Martin Gruszka owns 25% to 50% of Legacy Advisory Services. The leadership team of Legacy Advisory Services includes Chief Investment Officer Adam Varrenti and Chief Compliance Officer Martin Gruszka. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 3 broker-dealer reps
- 2 insurance agents
- Owns 25% to 50% of Legacy Advisory Services, LLC
Martin Gruszka
Control person · since January 2017
- Owns 25% to 50% of Legacy Advisory Services, LLC
Richard Wiedl
Control person · since January 2017
- Owns 25% to 50% of Legacy Advisory Services, LLC
Adam Varrenti
Control person · since January 2017
Legacy Advisory Services’ regulatory assets grew from $112M (June 2023) to $157M (February 2026); clients were 123 in both filings and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $157M | 123 | 3 | 1 |
| Mar 2025March 2025 | $142M | 124 | 3 | 1 |
| May 2024May 2024 | $132M | 130 | 3 | 1 |
| Jun 2023June 2023 | $112M | 123 | 3 | 1 |
Besides its headquarters, Legacy Advisory Services has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 658 Exton Commons, ExtonHQ
Contact and registration details
- Legal name
- Legacy Advisory Services, LLC
- Headquarters
- 658 Exton Commons, Exton, PA 19341
- Website
- legacyadvisorypa.com
- Phone
- 610-524-6801
- SEC file
- 801-128187
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Legacy Advisory Services’ named custodian for separately managed accounts is Charles Schwab ($147M). Legacy Advisory Services has custody of $74.7M for 72 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $147M100%
At year end, Legacy Advisory Services’ separately managed accounts were mostly in funds (90%) and stocks (10%). Its reported 13F holdings for the quarter ended 30 June 2026 total $142M across 54 positions; the largest are iShares TR (16.3%), SPDR Series Trust (15.0%) and iShares TR (11.2%).
What the accounts hold
- Stocks10%
- Funds90%
How many clients does Legacy Advisory Services have?
Legacy Advisory Services has 123 clients and manages $157 million for them, as of February 2026. They include 75 individual clients and 48 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Legacy Advisory Services offer?
Legacy Advisory Services provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Legacy Advisory Services charge?
Legacy Advisory Services charges 0.75%–1.25% a year for its Advisory fee schedule. The fee is billed in advance.
Source: LEGACY ADVISORY SERVICES, LLC DISCLOSURE BROCHURE, filed 27 February 2026
Which custodians does Legacy Advisory Services use?
Legacy Advisory Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $147M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Legacy Advisory Services have?
Legacy Advisory Services has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 2 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 Advisory Services invest in?
At the end of its last fiscal year, Legacy Advisory Services’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs) and 10% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Legacy Advisory Services?
Legacy Advisory Services’ direct owners are Martin Gruszka, Richard Wiedl and Adam Varrenti, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Legacy Advisory Services get paid?
Legacy Advisory Services is paid through a percentage of assets under management and hourly charges. 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
How do I contact Legacy Advisory Services?
Legacy Advisory Services’ main office is at 658 Exton Commons, Exton, PA 19341. Its phone number is 610-524-6801. Its website is legacyadvisorypa.com.