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Masters Legacy Planning

Updated today

Total assets under management

$248,141,647

Total clients

139

34% high-net worth

Total advisors

2

of 5 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

70

Average account size

$1,785,192

About

Masters Legacy Planning serves individuals—including high‑net‑worth clients—as well as business entities, trusts, estates and retirement plans, offering discretionary investment management, financial planning, and retirement plan consulting. The firm also provides standalone planning engagements and additional services such as bookkeeping/bill‑payment support, tax coordination, and management of variable annuity sub‑accounts.

The firm implements client strategies through written investment policy statements and ongoing portfolio monitoring, using both internally managed strategies and third‑party model portfolios via Commonwealth Financial Network’s PPS Custom, Select, and Direct platforms. Accounts are allocated across mutual funds, ETFs, individual equities and fixed income, and may participate in wrap‑fee programs or utilize sub‑advisors depending on the program selected.

What is noteworthy about the firm is its affiliated insurance activity: a firm representative is a licensed insurance agent and the brochure discloses that insurance commission products may be recommended and annuity sub‑accounts managed, a practice the firm identifies as a potential conflict of interest. Masters Legacy Planning also highlights a close operational relationship with Commonwealth (including administrative services and AUM‑linked arrangements and a disclosed loan related to the Commonwealth/LPL relationship) and offers in‑house tax coordination and other non‑investment services that distinguish its service set from many supported peers.

Client services

Financial planning Portfolio management Selection of other advisers
Bill payment services and tax service coordination

Expertise

Charitable giving & philanthropy Wealth management

Occupation focus

Founder/Business Owner Retired

Fee options

Fixed

Financial planning and consulting fees generally range from $2,500 to $10,000 (fixed fee basis, negotiable); Retirement Plan Consulting may charge a flat fee of $300 (for plans under $250,000)

Percentage

$0+: Up to 1.25% annually (negotiable, maximum fee) $0 - $249,999.99: 0.25% (American Funds Model Portfolios Program program fee portion) $250,000 - $499,999.99: 0.20% (American Funds Model Portfolios Program program fee portion) $500,000 - $999,999.99: 0.15% (American Funds Model Portfolios Program program fee portion) $1,000,000+: 0.10% (American Funds Model Portfolios Program program fee portion) Less than $250,000+: $300 flat fee (Retirement Plan Consulting discretionary investment management additional fee) $250,000 - $2,999,999: 0.12% (Retirement Plan Consulting discretionary investment management additional fee) $3,000,000 - $9,999,999: 0.09% (Retirement Plan Consulting discretionary investment management additional fee) $10,000,000 - $49,999,999: 0.05% (Retirement Plan Consulting discretionary investment management additional fee) $50,000,000 - $99,999,999: 0.03% (Retirement Plan Consulting discretionary investment management additional fee) $100,000,000 or more+: 0.02% (Retirement Plan Consulting discretionary investment management additional fee)

Project-based

Retirement plan consulting hourly rate up to $500

Other

Fee-only: Financial planning and consulting fees generally range from $2,500 to $10,000 (fixed fee basis, negotiable)

Main office location

Masters Legacy Planning

650 New Road, Suite B

Linwood NJ 08221, United States

Number of offices

1

Most active in

Florida · New Jersey · New York · Pennsylvania

Disclosures

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

Business activities & affiliations

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