Legacy Wealth Management, LLC

Updated today

Find your advisor

Client assets under management

$443,769,361

Clients

59% high-net worth

Advisors

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Very Low

Average account size

$6,526,020

About

Legacy Wealth Management provides portfolio management and financial planning primarily to individuals and family groups, including high-net-worth clients, and also accepts institutional clients such as corporations, foundations, and endowments. Services are offered on both a discretionary and non‑discretionary basis and the firm typically provides financial planning in conjunction with investment management rather than as a stand‑alone offering.

The firm follows an in‑house fundamental analysis process and implements a long‑term, conservative growth strategy that constructs portfolios largely from individual securities (including domestic equities, American Depositary Receipts, fixed income and cash equivalents) rather than relying on model portfolios. Research emphasizes identifying thematic opportunities “before they hit the headlines,” favoring profitable, industry‑leading companies with sustainable revenue and earnings growth and careful scrutiny of earnings quality and intangible assets, while limiting reliance on external Wall Street research.

Notable differences from many peers include a relatively large asset base managed by a small advisor team and a modest client roster, producing highly customized, account‑level portfolios and enabling the firm to act as a sub‑advisor to other advisers. The brochure also discloses operational features clients should note: use of institutional custodians (Pershing and Schwab) with occasional execution through other broker‑dealers for fixed income, delivery of services via firm software, and a policy of not voting client proxies (custodians typically forward proxy materials to clients).

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

General retirement planning Wealth management

Fee options

Fixed

Financial planning fees may be fixed fees negotiated at engagement

Percentage

$0 - $1,000,000: 1.00% $1,000,001 - $5,000,000: 0.85% $5,000,001 - $10,000,000: 0.70% $10,000,001+: 0.60%

Other

Account minimum: $350,000 Minimum fee: $3,500 minimum annual fee

Main office location

Legacy Wealth Management, LLC

300 Concourse Blvd, Suite 102

Ridgeland MS 39157, United States

Number of offices

Most active in

Louisiana · Mississippi · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 601-499-1970

Advisors at this firm

Forbes W

Series 65

Ridgeland, MS

Legacy Wealth Management, LLC

Forbes Watson is a financial advisor at Legacy Wealth Management, LLC with 17 years of industry experience. He holds a Series 65 designation and has worked at Legacy Wealth Management since 2019, following nine years at MIMCO. Legacy Wealth Management provides portfolio management and financial planning primarily to individuals, family groups, and institutional clients such as corporations and endowments. The firm employs an in-house fundamental analysis process and a long-term, conservative growth strategy focused on customized portfolios constructed largely from individual securities.

General retirement planning Wealth management

Maggie H

Series 65

Ridgeland, MS

Legacy Wealth Management, LLC

Maggie Hartness is a financial advisor at Legacy Wealth Management, LLC with a Series 65 credential and three years of industry experience. Her prior work includes roles at Bryant Songy Snell Global Partners and the Diaz Law Firm. Legacy Wealth Management provides portfolio management and financial planning primarily to individuals, family groups, and institutional clients. The firm employs a long-term, conservative growth strategy based on in-house fundamental analysis, constructing customized portfolios largely from individual securities rather than model portfolios.

General retirement planning Wealth management

Reid W

CFP®

Ridgeland, MS

Legacy Wealth Management, LLC

Reid Watson is a CFP® professional with two years of industry experience, currently serving as an advisor at Legacy Wealth Management, LLC. His prior work includes roles at Bank of Yazoo and Cindy Crane Real Estate. Legacy Wealth Management provides portfolio management and financial planning primarily to individuals, families, and institutional clients. The firm employs an in-house fundamental analysis process and a long-term, conservative growth strategy focused on customized portfolios built largely from individual securities.

General retirement planning Wealth management

Wilfred H

Series 63, Series 66

Ridgeland, MS

Legacy Wealth Management, LLC

Wilfred Henderson III is a financial advisor at Legacy Wealth Management, LLC with 28 years of industry experience. He holds Series 63 and Series 66 designations and previously worked at UBS Financial Services Inc. for nine years. Outside of his advisory role, he is involved in a partnership established to administer fees related to monitoring his family trust. Legacy Wealth Management provides portfolio management and financial planning primarily to individuals, families, and institutional clients, emphasizing a long-term, conservative growth strategy based on in-house fundamental analysis. The firm manages relatively large assets with a small advisor team, creating highly customized portfolios largely composed of individual securities.

General retirement planning Wealth management

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

Find the right match for you

Answer a few quick questions and we'll tailor results to your goals, so you can hire smarter.

Find your advisor

A smarter way to hire an advisor

Compare and choose confidently

Warmer combines best-in-class advisor data with guidance to help you clarify what you need, understand why an advisor may—or may not—fit, and move forward with confidence.

How Warmer works

Thoughtfully vetted, clearly explained

We review rigorously and transparently

Get to know your advisors' credentials, disciplinary history, specialization, client fit, and communication style. We're selective about who we recommend—and tell you why we think someone fits your situation.

Our methodology

Always free and always on your side

Free. Confidence that lasts

We help you book free consultations with your matches. You only pay an advisor if you decide to hire them. And our support doesn't end with an introduction—we're here to make sure the relationship works for you—and if not, to navigate next steps with clarity.

Our ongoing support