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Legs Financial

Updated today

Client assets under management

$1,200,000

Clients

1

100% high-net worth

Advisors

1

of 1 employees

Firm type

Independent

1 advisor

Clients per advisor

1

Very Low

Average account size

$1,200,000

About

The firm provides financial planning and investment management primarily to families caring for individuals with disabilities, and also works with working professionals and retirees. Services include ongoing and project-based financial planning, coordinated special needs planning (special needs trust coordination, ABLE account strategy, public benefit preservation, trustee and guardian coordination), and portfolio management across stocks, bonds, mutual funds, and ETFs.

Legs Financial employs a whole-family, two-lifetime planning framework that integrates investment strategy, estate planning, tax considerations, and public-benefit preservation to help maintain eligibility for means-tested programs. Investment implementation is largely passive and allocation-driven, with portfolios built from index funds and ETFs, client-imposed restrictions accommodated, and advisory engagement offered via tiered ongoing subscriptions or scoped project engagements.

The firm is fee-only but, unlike most peers, does not use percentage-of-assets billing and instead charges flat annual or fixed project fees for advisory services. Notable distinctions include an explicit specialization in special needs planning supported by relevant professional credentials, active community leadership and sponsorships within the disability services space, and documented use of AI tools for internal operations under strict protocols that prohibit submitting client PII or delegating advisory decisions to AI.

Client services

Financial planning Portfolio management

Expertise

Planning for children with special needs Business ownership considerations College savings (529s, UTMA, etc.) Cash flow / budgeting

Occupation focus

Retired Founder/Business Owner

Demographic focus

Parents Sandwich Generation Approaching retirement

Fee options

Fixed

Project-based financial planning offered at fixed fees as above

Percentage

N/A - N/A: Flat annual fee of $7,200 for The Ascent service tier N/A - N/A: Flat annual fee of $10,800 for The Summit service tier N/A - N/A: Flat annual fee of $16,000 for The Expedition service tier

Project-based

Project-based financial planning fees: $3,600 (Level 1), $4,800 (Level 2), $6,000 (Level 3)

Other

Minimum fee: Annual fees range from $7,200 to $16,000 depending on service tier Fee-only: Legs Financial, LLC is a fee-only firm; all compensation is from client fees only, no commissions received

Main office location

Legs Financial

Greensboro NC, United States

Number of offices

1

Most active in

North Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

Mike D

CFP®

Greensboro, NC

Legs Financial

Mike took a different path, and every stop along the way shaped how Legs Financial works today. Mike started as a high school physics teacher, where he learned to take genuinely complex ideas and make them clear and actionable for people who had never encountered them before. That skill never left. Years at Vanguard grounded his investment philosophy in evidence, low cost, and long-term discipline. Working with advisors across a multi-state territory at LPL gave him a front-row view of the wide range of practices and offerings in the industry, what worked, what didn’t, and what was missing. Time at a tech startup sharpened his eye for the tools that actually help clients. And a stint at a trust company gave him firsthand experience in trust administration, the kind of operational depth that most advisors simply don’t have. The pattern across all of it: every role added a layer. And when it came time to build his own firm, he couldn’t reconcile the standard model. Charging someone twice as much simply because their portfolio had grown, even when the work hadn’t changed, felt fundamentally misaligned. So he changed the model. Legs Financial operates on a transparent flat fee, quoted upfront based on the complexity of your situation, not the size of your portfolio. Mike earned his ChSNC® (Chartered Special Needs Consultant) designation specifically to offer deeper expertise and better support to families navigating Special Needs Trusts, Achieving a Better Life Experience (ABLE) accounts, and the long-term coordination required to plan for two lifetimes. For him, it isn’t just a credential, it’s a commitment to carrying the heavy pack for families protecting a loved one’s quality of life. Mike and his family moved to North Carolina in 2003, settling in the Lake Norman area before relocating to Greensboro in December 2021. Outside the office, he volunteers as lead for Abilities Tennis in Greensboro, serves on the board of the Guilford Regional Tennis Association (GRETA), leads new Blind and Low-Vision tennis clinics, sits on the Mayor’s Committee for Persons with Disabilities, serves as Operations Lead for the Winston-Salem Open professional tennis tournament, and offers educational seminars to organizations across the area.

Planning for children with special needs General tax planning Retired Founder/Business Owner Gen X (Born 1965-1980)
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