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The Financial Legacy Group

Updated today

Client assets under management

$102,666,767

Clients

141

44% high-net worth

Advisors

2

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

71

High

Average account size

$728,133

About

The Financial Legacy Group provides investment advisory, financial planning, and financial consulting to individuals (including high net worth clients), pooled investment vehicles, charitable organizations, and businesses. Its services include discretionary portfolio management delivered primarily through a firm‑sponsored wrap fee program, along with hourly or fixed‑fee financial planning and consulting engagements.

The firm manages wrap accounts on a discretionary basis and commonly invests in exchange‑traded funds, mutual funds, individual stocks, and options, with the occasional use of proprietary or third‑party model portfolios to implement client objectives. Wrap program trades are executed through Charles Schwab & Co., Inc., and the firm participates in Schwab’s institutional platform for custody, trade execution, and access to research and operational support.

Noteworthy aspects of the firm are its role as a wrap fee program sponsor and that its investment adviser representatives are also registered representatives of Innovation Partners LLC and licensed insurance agents, arrangements that can generate separate commission‑based compensation for sales of variable products and insurance. The firm also provides specialist consulting to other advisers and pooled vehicles on private placements, private equity, real estate entities and business transactions, and reported managing approximately $107.3 million in client assets as of January 14, 2026.

Client services

Financial planning Portfolio management Financial consulting

Expertise

Real estate investing Options & derivatives strategies

Fee options

Fixed

Fixed fees for financial planning services ranging from $1,000 to $10,000, negotiable

Percentage

$0 - $999,999: 1.75% $1,000,000 - $2,999,999: 1.50% $3,000,000+: 1.25%

Commissions

Commission-based compensation is earned by registered representatives for sales of mutual funds, variable annuities, and insurance products separate from advisory fees.

Project-based

$500 per hour for financial planning and financial consulting services

Main office location

The Financial Legacy Group

2108 South Blvd, Suite 109

Charlotte NC 28203, United States

Number of offices

1

Most active in

North Carolina · South Carolina · Texas

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

user avatar

Alaric S

Series 65

Charlotte, NC

The Financial Legacy Group

Alaric Spencer is a financial advisor at The Financial Legacy Group in Charlotte, NC. He holds a Series 65 designation and has been with the firm since 2023. His prior experience includes roles in mortgage lending and asset management. The Financial Legacy Group provides investment advisory, financial planning, and consulting services to individuals, pooled investment vehicles, charitable organizations, and businesses. The firm offers discretionary portfolio management primarily through a wrap fee program and utilizes a range of investment vehicles including ETFs, mutual funds, stocks, and options.

Real estate investing Options & derivatives strategies
user avatar

Steven A

Series 63, Series 66

Charlotte, NC

The Financial Legacy Group

Steven Abels is a financial advisor with The Financial Legacy Group in Charlotte, NC, holding Series 63 and Series 66 licenses and bringing 16 years of industry experience. He has worked at Innovation Partners LLC and Fortune Financial Services, Inc., among other firms. Abels is also a licensed life insurance sales agent. The Financial Legacy Group provides investment advisory, financial planning, and consulting services to individuals, pooled investment vehicles, charitable organizations, and businesses. The firm manages discretionary wrap fee portfolios primarily using exchange-traded funds, mutual funds, individual stocks, and options, and offers specialist consulting on private placements, private equity, real estate entities, and business transactions.

Real estate investing Options & derivatives strategies
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