Legacy Wealth Management Group provides financial planning and portfolio management for individuals and small businesses.
Legacy Wealth Management Group reports 991 clients. They include 784 individual clients, 179 high-net-worth individuals, and 15 corporations and other businesses. Of its assets, 100.0% ($290M across 1,744 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $261M. It advised 220 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 79% | 26% |
| High-net-worth individuals | 18% | 73% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 784 | $75.6M | 26.1% | $96.4K |
| High-net-worth individuals | 179 | $211M | 72.9% | $1.18M |
| Charitable organizations | 13 | $2.88M | 1.0% | $222K |
| Corporations and other businesses | 15 | $70K | 0.0% | $4.67K |
| Total | 991 | $290M | 100% | $292K |
- Clients
- 784
- Regulatory AUM
- $75.6M
- AUM share
- 26.1%
- Avg. per client
- $96.4K
- Clients
- 179
- Regulatory AUM
- $211M
- AUM share
- 72.9%
- Avg. per client
- $1.18M
- Clients
- 13
- Regulatory AUM
- $2.88M
- AUM share
- 1.0%
- Avg. per client
- $222K
- Clients
- 15
- Regulatory AUM
- $70K
- AUM share
- 0.0%
- Avg. per client
- $4.67K
Total
- Clients
- 991
- Regulatory AUM
- $290M
- AUM share
- 100%
- Avg. per client
- $292K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 220
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Legacy Wealth Management Group charges 1.25%–2.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 2.00% |
| $1M–$3M | 1.75% |
| $3M–$5M | 1.50% |
| $5M and above | 1.25% |
Fee details and sources
Other fees
- Financial Planning
- Hourly fee of $125 to $350 per hour, negotiated with the client and billed in arrears; an estimate of total hours and charges is set at the start of the relationship.
Ronald Dawson owns 25% to 50% of Legacy Wealth Management Group. It has 19 employees, 6 of them in advisory roles.
Staff
- 19 employees
- 6 in advisory functions
- 6 state-registered reps
- 4 insurance agents
- Owns 25% to 50% of Legacy Wealth Management Group, Inc.
Ronald Dawson
Control person · since July 2022
- Owns 25% to 50% of Legacy Wealth Management Group, Inc.
Joshua Stamm
Control person · since July 2022
- Owns 10% to 25% of Legacy Wealth Management Group, Inc.
Brandon Bosch
Control person · since July 2022
Legacy Wealth Management Group’s regulatory assets grew Infinity× from $0 (June 2022) to $290M (March 2026); employees rose from 10 to 19.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $290M | 991 | 19 | 1 |
| Jun 2025June 2025 | $233M | 847 | 17 | 1 |
| Mar 2024March 2024 | $208M | 820 | 12 | 1 |
| Feb 2023February 2023 | $154M | 643 | 6 | 1 |
| Jun 2022June 2022 | $0 | 0 | 10 | 1 |
Besides its headquarters, Legacy Wealth Management Group has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 1971 English Tavern Road, LynchburgHQ
Contact and registration details
- Legal name
- Legacy Wealth Management Group, Inc.
- Headquarters
- 1971 English Tavern Road, Lynchburg, VA 24501
- Website
- legacywealthadvisor.org
- Phone
- 434-266-1214
- SEC file
- 801-126092
- Structure
- Virginia corporation
- Fiscal year end
- December
Legacy Wealth Management Group’s named custodians for separately managed accounts are LPL Financial ($290M, 59%) and SEI Investments Distribution ($203M, 41%). Legacy Wealth Management Group does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- SEI Investments DistributionSEI Investments Distribution Co. · Oaks, PA · $203M41%
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $290M59%
At year end, Legacy Wealth Management Group’s separately managed accounts were mostly in stocks (69%) and funds (20%).
What the accounts hold
- Stocks69%
- Funds20%
- Cash11%
How many clients does Legacy Wealth Management Group have?
Legacy Wealth Management Group has 991 clients and manages $290 million for them, as of March 2026. They include 784 individual clients, 179 high-net-worth individuals, and 15 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 22 March 2026
What services does Legacy Wealth Management Group offer?
Legacy Wealth Management Group 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 Wealth Management Group charge?
Legacy Wealth Management Group charges 1.25%–2.00% a year for its Asset Management. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Legacy Wealth Management Group use?
Legacy Wealth Management Group’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $290M and SEI Investments Distribution Co. (Oaks, PA), with $203M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 22 March 2026
How many financial advisors does Legacy Wealth Management Group have?
Legacy Wealth Management Group has 6 investment adviser representatives registered with state securities authorities, out of 19 employees, and 6 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 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 Group invest in?
At the end of its last fiscal year, Legacy Wealth Management Group’s separately managed accounts held 69% exchange-traded equities, 20% registered funds (mutual funds, ETFs, BDCs) and 11% 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 Wealth Management Group?
Legacy Wealth Management Group’s direct owners are Ronald Dawson, Joshua Stamm and Brandon Bosch, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 22 March 2026
How does Legacy Wealth Management Group get paid?
Legacy Wealth Management Group 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
How do I contact Legacy Wealth Management Group?
Legacy Wealth Management Group’s main office is at 1971 English Tavern Road, Lynchburg, VA 24501. Its phone number is 434-266-1214. Its website is legacywealthadvisor.org.