Your Questions, Answered

At Legacy Wealth Management Group of Las Vegas, we understand that financial planning involves more than just numbers. It's about protecting what you've built, making informed decisions, and preparing for every chapter of life. That's why we've created this comprehensive FAQ to address the most common questions we hear from clients in Las Vegas, Henderson, and across Nevada. Whether you're planning for retirement, building a business, or protecting your family's future, we're here to help.

What financial services do you offer in Las Vegas, NV?
Legacy Wealth Management Group offers a full suite of financial planning services designed to meet the unique needs of individuals, families, and business owners in Las Vegas and throughout Nevada. Our services include private wealth management, retirement planning, estate and legacy planning, tax coordination, Social Security analysis, income protection planning, and strategic business planning. We provide a personalized, relationship-driven experience for high-income professionals, entrepreneurs, and retirees seeking long-term security and clarity.

What makes your firm different from other financial advisors in Las Vegas?
What sets Legacy apart is our fiduciary, fee-based approach and our long-term commitment to each client’s personal financial journey. Unlike commission-based advisors, our guidance is free from product sales pressure and focused solely on your goals. We build tailored financial plans using strategies backed by Nobel Prize-winning research from Dimensional Fund Advisors (DFA). Our clients work directly with experienced professionals who take time to listen, educate, and deliver clear, proactive strategies designed for success across every stage of life.

How do I know if I’m ready to retire?
Retirement readiness is about more than reaching a specific age or savings target. It’s about understanding your financial situation, your long-term goals, and your lifestyle expectations. We conduct a deep dive into your current accounts, projected income, spending needs, healthcare costs, and Social Security timing. We then model different scenarios to assess your readiness and determine the best path forward. If you want the option to retire—whether now or in the future—we'll help you prepare with confidence.

When should I claim Social Security benefits?
The decision to claim Social Security can impact your retirement income for decades. Many clients consider claiming early at 62, but delaying benefits until full retirement age or even age 70 can result in significantly higher monthly payments. We help you analyze your personal financial needs, health outlook, family longevity, and potential spousal or survivor benefits to determine the optimal strategy. Our goal is to ensure your Social Security plan works in harmony with your investment strategy and retirement income goals.

Do you offer tax planning services in Nevada?

Yes. Although we do not prepare tax returns, we integrate year-round tax management into your financial plan. This includes strategies such as Roth IRA conversions, tax loss harvesting, required minimum distribution (RMD) optimization, asset location (placing the right investments in the right accounts), and charitable giving strategies like donor-advised funds. We work closely with your CPA or one from our trusted network to ensure that your plan reduces unnecessary taxes while staying fully compliant with federal and Nevada-specific regulations.

How do I protect my income and assets in case of an emergency?
We help you build a defensive layer into your financial plan to prepare for the unexpected. This includes income protection through disability insurance, family continuity with term and permanent life insurance, key person insurance for business owners, and strategies to maintain cash flow if you're unable to work. We assess your risk exposure, help you prioritize coverage, and recommend only the policies that serve a clear, measurable purpose. When life throws a curveball, your financial plan shouldn’t crumble.

What estate planning support do you provide in Las Vegas?
While we don’t draft legal documents, our role is to ensure your financial plan and estate strategy are fully aligned. We review and help you organize your wills, trusts, powers of attorney, and healthcare directives in partnership with your attorney. We also conduct beneficiary audits, identify estate tax risks, recommend gifting strategies, and structure plans for wealth transfer to children, grandchildren, or charitable causes. In Nevada, estate planning can also involve special considerations related to property titling and state-specific probate rules—and we’ll help you navigate them all.

What is your investment philosophy?
We follow an evidence-based investing approach that prioritizes long-term discipline, low costs, and academic rigor. Our investment models are built around global diversification, proper asset allocation, and minimizing tax drag. We do not engage in speculative trading or expensive, high-risk forms of market timing. Instead, we use data-driven strategies from Dimensional Fund Advisors (DFA) and other institutional partners to help clients pursue sustainable growth with reduced volatility.

Can you review my current portfolio and retirement accounts?
Yes. We regularly conduct comprehensive reviews of 401(k)s, IRAs, Roth IRAs, brokerage accounts, annuities, and pensions. We evaluate risk exposure, diversification, performance, fees, and alignment with your long-term goals. Whether you’re seeking a second opinion or need help organizing multiple accounts, we provide a detailed, transparent review to identify opportunities for improvement and consolidation.

Do you offer financial planning for physicians, attorneys, or athletes?
Yes. We specialize in serving high-income professionals with complex financial lives. Physicians often need help with student loan repayment, liability protection, and retirement savings acceleration. Attorneys may have irregular income or late-career planning needs. Professional athletes require short career window planning, brand monetization strategies, and future income replacement. We build highly personalized plans that respect the specific demands and opportunities.