Legacy Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Legacy Wealth Management reports 3,416 clients. They include 3,135 individual clients, 147 pension and profit-sharing plans, and 134 high-net-worth individuals. Of its assets, 100.0% ($629M across 3,269 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 92% | 38% |
| High-net-worth individuals | 4% | 59% |
| Pension and profit-sharing plans | 4% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 3,135 | $238M | 37.8% | $75.9K |
| High-net-worth individuals | 134 | $372M | 59.2% | $2.78M |
| Pension and profit-sharing plans | 147 | $18.7M | 3.0% | $127K |
| Total | 3,416 | $629M | 100% | $184K |
- Clients
- 3,135
- Regulatory AUM
- $238M
- AUM share
- 37.8%
- Avg. per client
- $75.9K
- Clients
- 134
- Regulatory AUM
- $372M
- AUM share
- 59.2%
- Avg. per client
- $2.78M
- Clients
- 147
- Regulatory AUM
- $18.7M
- AUM share
- 3.0%
- Avg. per client
- $127K
Total
- Clients
- 3,416
- Regulatory AUM
- $629M
- AUM share
- 100%
- Avg. per client
- $184K
- 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
- 26–50
Legacy Wealth Management charges up to 2.50% a year for its Portfolio Management Services. The fee is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Consulting Services
- Fixed fees for financial planning and advisory services are negotiable and up to $50,000 per year, per client.
Andy Rad owns 75% or more of Legacy Wealth Management. Paul Hickey is CEO; the leadership team includes Chief Compliance Officer Jefferson West. It has 39 employees.
Leadership
- Paul HickeyChief Executive Officer
- Jefferson WestChief Compliance Officer
- Julie MarshallDirector of Operations
- Andy RadManaging Member
- Justin MartinOwner
Peter CovinoManaging Member
Investment adviser representatives
49 representatives listed in the SEC register as of 9 October 2026.
- Alexander Bryan Goodwin
Staff
- 39 employees
- 39 in advisory functions
- 39 state-registered reps
- 19 insurance agents
- 8 soliciting firms
- Owns 75% or more of Legacy Wealth Management, LLC
Andy Rad
Control person · since January 2019
- Owns 25% to 50% of Legacy Wealth Management, LLC
Peter Covino
Control person · since December 2023
- Owns 5% to 10% of Legacy Wealth Management, LLC
Justin Martin
since October 2022
Legacy Wealth Management’s regulatory assets grew 5.2× from $121M (May 2021) to $629M (May 2026); clients rose from 613 to 3,416 and employees from 26 to 39.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $629M | 3,416 | 39 | 22 |
| April 2025 | $477M | 2,121 | 41 | 22 |
| March 2024 | $373M | 2,024 | 36 | 7 |
| June 2023 | $276M | 2,180 | 36 | 7 |
| June 2022 | $186M | 1,317 | 26 | 5 |
| May 2021 | $121M | 613 | 26 | 4 |
Besides its headquarters, Legacy Wealth Management has 21 offices (17 private residences, listed without an address), with 5 listed addresses in California, Idaho and Utah.
Idaho · 3 listed addresses
- 13965 W. Chinden BLVD., Suite 100, BoiseHQ
- 1710 Overland Ave., Burley
- 110 12th Ave S., Nampa
California · 1 listed address
- 4695 Macarthur CT., Newport Beach
Utah · 1 listed address
- 1645 South 500 West, Woods Cross
Other business names
Legacy Wealth Management has reported 5 other business names to the SEC.
- Altura Private Wealth
- Axiom Wealth Solutions, LLC
- Big Life Financial, LLC
- Legacy Integrated, LLC
- Pathway Advisors, LLC
Contact and registration details
- Legal name
- Legacy Wealth Management, LLC
- Headquarters
- 13965 W. Chinden BLVD., Suite 100, Boise, ID 83713
- Website
- legacywealthmg.com
- Phone
- 208-955-0500
- @legacy-wealth-management-group
- SEC file
- 801-113480
- Structure
- Idaho LLC
- Fiscal year end
- December
Legacy Wealth Management uses Charles Schwab ($424M) as custodian for its separately managed accounts. Legacy Wealth Management has custody of $563K in client assets for 2 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $424M100%
At year end, Legacy Wealth Management’s separately managed accounts were largely in funds (43%) and stocks (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $243M across 196 positions; the largest are Neovolta Inc. (6.4%), Simplify Exchange Traded Fun (5.7%) and First TR Exchng Traded FD VI (3.2%).
What the accounts hold
- Stocks33%
- Funds43%
- Cash4%
- Other20%
- Structured notes20%
Reported 13F holdings
- $243M
- Reported 13F value
- 196
- Positions
- 32.2%
- In the 10 largest
- +20.6%
- Value vs. prior quarter
- Neovolta Inc.6.4%
- Simplify Exchange Traded Fun · Ancorato Target5.7%
- First TR Exchng Traded FD VI · FT Vest Deep ETF3.2%
- First TR Exchng Traded FD VI · FT Ladd Buff ETF2.9%
- First TR Exchng Traded FD VI · FT Vest Nasd ETF2.8%
- Schwab Strategic TR · US Lcap GR ETF2.6%
- Streamex Corp.2.3%
- First TR Exchng Traded FD VI · Vest Buffered2.2%
- SPDR Series Trust · ST Str Blo 1 ETF2.2%
- Perpetuals.com Ltd · Sponsored ADS2.1%
Together, the ten largest are 32.2% of reported value.
How many clients does Legacy Wealth Management have?
Legacy Wealth Management has 3,416 clients and manages $629 million for them, as of May 2026. They include 3,135 individual clients, 147 pension and profit-sharing plans, and 134 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026
What services does Legacy Wealth Management offer?
Legacy Wealth Management provides financial planning, portfolio management for individuals and small businesses, 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 Wealth Management charge?
Legacy Wealth Management charges up to 2.50% a year for its Portfolio Management Services. The fee is negotiable.
Source: LEGACY WEALTH MANAGEMENT, LLC ADV PART 2A, filed 13 May 2026
Which custodians does Legacy Wealth Management use?
Legacy Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $424M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 May 2026
How many financial advisors does Legacy Wealth Management have?
Legacy Wealth Management has 39 investment adviser representatives registered with state securities authorities, out of 39 employees, and 39 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 19 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 Wealth Management invest in?
At the end of its last fiscal year, Legacy Wealth Management’s separately managed accounts held 43% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 20% other and 4% cash and equivalents. The 20% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Legacy Wealth Management?
Legacy Wealth Management’s direct owners are Andy Rad (75% or more), Justin Martin (5% to 10%) and Peter Covino (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026
How does Legacy Wealth Management get paid?
Legacy Wealth Management is paid through a percentage of assets under management, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Legacy Wealth Management registered with the SEC?
Yes, Legacy Wealth Management has been registered with the SEC as an investment adviser since 21 June 2018. Its CRD number is 174767 and its SEC file number is 801-113480.
Source: Form ADV Part 1A, Item 1, filed 13 May 2026; IAPD firm record
How do I contact Legacy Wealth Management?
Legacy Wealth Management’s main office is at 13965 W. Chinden BLVD., Suite 100, Boise, ID 83713. Its phone number is 208-955-0500. Its website is legacywealthmg.com.