{"url":"https://nivawealth.com/firms/legacy-wealth-advisors-281810","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/281810","regulatoryAum":132310152,"crd":"281810","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6570192","suffix":null,"lastName":"BRUSS","firstName":"JEFFREY","middleName":"JAMES"},{"crd":"5266398","suffix":null,"lastName":"CARRICO","firstName":"GREGORY","middleName":"M"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-03-14","regulatoryAum":102802197,"clients":220,"employees":2,"offices":1},{"filedOn":"2026-03-17","regulatoryAum":132310152,"clients":251,"employees":2,"offices":1}],"secFileNumber":"801-132330","legalName":"Legacy Wealth Advisors, LLC","displayName":"Legacy Wealth Advisors","slug":"legacy-wealth-advisors-281810","website":"https://legacy-wealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/281810/40aacecadd5b58cf-r1.webp","tone":"light","width":739,"height":200,"sourceUrl":"https://legacy-wealth.com/","sourceLabel":"Legacy Wealth Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/35648999/admin/","xUrl":"https://twitter.com/legacywealthadv","founded":null,"organization":"Michigan limited liability company","fiscalYearEnd":"December","headquarters":{"street":"41700 Hayes Road Suite A","city":"Clinton Township","state":"MI","stateName":"Michigan","country":"United States","postalCode":"48038"},"tradeNames":[],"registration":{"secApproved":"4 April 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":520007.7620967742,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":132310152,"discretionary":132310152,"discretionaryAccounts":602,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":203,"regulatoryAum":66905321},{"label":"High-net-worth individuals","clients":45,"regulatoryAum":62056604},{"label":"Charitable organizations","clients":3,"fewerThan5":true,"regulatoryAum":3348227}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020037","versionId":1020037,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-17","documentName":"ADV PART 2A & 2B SEC","fee_rate_low":1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"Billed at an hourly fee of $250.00 per hour, with an estimated plan fee given beforehand; plans are billed 50% in advance and 50% on delivery.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020037","versionId":1020037,"submittedOn":"2026-03-17","documentName":"ADV PART 2A & 2B SEC"},{"role":"other","program":"Variable Annuity and Life Management","summary":"Percentage-of-assets fee for managing these accounts, not to exceed an annual fee of 1.0% of the assets managed.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020037","versionId":1020037,"submittedOn":"2026-03-17","documentName":"ADV PART 2A & 2B SEC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:18:28.988531+00:00","documents":[{"name":"ADV PART 2A & 2B SEC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020037","versionId":1020037,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":121286230}],"custodyNote":"Legacy Wealth Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Gregory Carrico","title":"Managing Member/Chief Compliance Officer/Investment Advisor Representative","crd":"5266398"},{"name":"Jeffrey Bruss","title":"Managing Member","crd":"6570192"}],"ownership":[{"label":"Jeffrey Bruss","detail":"Managing member in the 50% to 75% ownership band and a control person, since September 2015."},{"label":"Gregory Carrico","detail":"Managing member/chief compliance officer/investment advisor representative in the 50% to 75% ownership band and a control person, since September 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"41700 Hayes Road Suite A","city":"Clinton Township","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"586-273-0072","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":88},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":8,"detail":"Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"17 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/281810/PDF/281810.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020037","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Legacy Wealth Advisors have?","answer":"Legacy Wealth Advisors has 251 clients and manages $132 million for them, as of March 2026. They include 203 individual clients, 45 high-net-worth individuals and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Legacy Wealth Advisors offer?","answer":"Legacy Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Legacy Wealth Advisors charge?","answer":"Legacy Wealth Advisors charges 1.00% a year for its Asset Management. The fee is billed in advance, is negotiable and requires an account of at least $500,000.","source":"ADV PART 2A & 2B SEC, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Legacy Wealth Advisors use?","answer":"Legacy Wealth Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $121M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Legacy Wealth Advisors have?","answer":"Legacy Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Legacy Wealth Advisors invest in?","answer":"At the end of its last fiscal year, Legacy Wealth Advisors’ separately managed accounts held 88% registered funds (mutual funds, ETFs, BDCs), 8% other, 2% exchange-traded equities, 1% U.S. government and agency bonds and 1% cash and equivalents. The 8% other category is described as: Annuities.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Legacy Wealth Advisors have a minimum investment?","answer":"Yes, Legacy Wealth Advisors’ minimum account size for its Asset Management is $500K.","source":"ADV PART 2A & 2B SEC, filed 17 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Legacy Wealth Advisors?","answer":"Legacy Wealth Advisors’ direct owners are Jeffrey Bruss (50% to 75%) and Gregory Carrico (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Legacy Wealth Advisors get paid?","answer":"Legacy Wealth Advisors is paid through a percentage of assets under management, hourly charges and other compensation. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Legacy Wealth Advisors?","answer":"Legacy Wealth Advisors’ main office is at 41700 Hayes Road Suite A, Clinton Township, MI 48038. Its phone number is 586-273-0072. Its website is legacy-wealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}