“Given that the majority of active managers fail to beat passive benchmarks, it seems reasonable to conclude that value-enhancing ideas are harder to come by. Our philosophy is that one should be more cautious about implementing a bad idea than worrying about missing out on a good idea.”
– Greg Feese CRPC® Managing Director
Dimensional Funds Philosophy
Legacy Wealth Management has core beliefs that allow us to work along side our clients and always make decisions based on our clients best interest. We design client portfolios based on the science of capital markets & diversification. Through Dimensional Funds philosophy of “adding value over benchmarks and peers through an integrated and flexible approach that considers the interactions among premiums, market frictions, and costs” we are able to separate ourselves from many financial advisors. We believe markets are efficient; proper diversification, risk & asset allocation is not only required but absolutely essential & investing involves trading off risks and costs with expected returns or “Dimensions of expected returns”. Dimensions of expected returns can be explained as premiums in which we have the highest level of confidence because they are sensible, persistent, pervasive, robust, and cost-effective to pursue in well diversified portfolios.
Our belief in the markets and the way we design your portfolio is a unique and distinct difference in our core beliefs and investment philosophies. As you meet with a financial advisor at Legacy Wealth Management Group you will see we not only take the time to get to know you and about you but we focus on what’s important to you today, tomorrow, and for decades beyond your life.
Frequently Asked Questions
Have questions? Here’s a list of common questions and answers to help guide you through our process at Legacy Wealth Management.
What should I expect during the financial planning process?
We will identify where you are now and then look ahead at where you want to be; continue to dive into what your needs, wants, & dreams are for future years. We work with you step by step to ensure you establish a game plan that is truly workable and we help you prioritize every goal or objective you have.
Once your initial plan is complete we will work on implementation; we continue to meet you with you on a regular basis to review and update your plan and consider any other actions that may help you along this journey.
Typically we spend 2-3 meetings getting to know you, evaluating your situation & assisting you in the implementation process.
What kind of clients do you work with?
How do I get started working with Legacy Wealth Management Group, LLC?
What is the fee or cost to work with Legacy Wealth Management Group LLC?
Depending on your plan we are primarily a fee-based advisory firm. The fee will vary per client through investment management fees. Investment management fees are calculated as an annual percentage of the assets we manage on your behalf. The fees, paid quarterly, are set at an annualized rate.
However, in addition to the investment management fees we may, under special circumstances we may need to recommend a product that does not warrant a fee & we may receive a commission compensation through our Broker-Dealer with certain insurance products, College Education (529 Plans), and certain annuities however these will only be implemented if it is in your best interest. We are Fiduciary and take our role as always acting in your best interest extremely serious.
Assets Under Management – Fee
Less than $250,000 = up to 1.6%
$250,001-$499,999 = 1.4%
$500,000-$999,999 = 1.2%
$1,000,000-$1,999,999 = 1%
$2,000,000-$4,999,999 = 0.90%
$5,000,000-$9,999,999 = 0.85%
$10,000,000 and above = Negotiated
Do I qualify to become a client of Legacy Wealth Management, LLC?
What kind of returns can I expect?
Who actually holds my money or has custody of my funds?
What is the investment philosophy of Legacy Wealth Management Group?
Through Dimensional Funds philosophy of “adding value over benchmarks and peers through an integrated and flexible approach that considers the interactions among premiums, market frictions, and costs” we are able to separate ourselves from many financial advisors. We believe markets are efficient; proper diversification, risk & asset allocation is not only required, but absolutely essential & investing involves trading off risks and costs with expected returns.
What credentials do your advisors have?
Have you ever been sued or subject to a lawsuit?
Are you a Fiduciary for your clients?
Legacy Wealth Management Group
Greg Feese CRPC®, Investment Advisor Representative. Advisory Services offered through PR Wealth Management Group, Inc., a Registered Investment Advisor. PR Wealth Management Group, Inc., a Registered Investment Adviser, doing business as Legacy Wealth Management Group of Las Vegas, LLC. PR Wealth Management Group, Inc. only transacts business in states where it is properly registered or notice filed, or excluded or exempted from registration requirements. This is not a solicitation for sale of securities in any jurisdiction.. The investment advisory representatives referred to on this site may only transact business, effect transactions in securities, or render personalized investment advice for compensation, in compliance with state registration requirements, or an applicable exemption or exclusion.
© 2019 Legacy Wealth Management Group Las Vegas LLC.
Notice and Disclaimer
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