Legacy Planning Advisors, LLC (Suwanee)

Name: Legacy Planning Advisors, LLC
Address: 5400 Laurel Springs Parkway, Suwanee, GA, 30024
Telephone: 770-919-2075

Legacy Planning Advisors, LLC is a large advisory firm based in Suwanee. It manages $104.45 million of regulatory assets for 453 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Georgia and Texas.

Legacy Planning Advisors provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Legacy Planning Advisors: assets under management

The assets under management (AUM) of Legacy Planning Advisors, LLC is $104.45 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 89% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legacy Planning Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Legacy Planning Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Legacy Planning Advisors is individuals with 423 clients and $57.97 million of assets under management. Among the 9 most similar advisory firms, Legacy Planning Advisors has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $104.45 million for 453 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Legacy Planning Advisors doesn't advise any private funds.

Careers at Legacy Planning Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Legacy Planning Advisors, LLC is owned by Christopher Weston Cushman. Robert Gerald Black joined the executive team most recently as the Manager/Founding Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Gerald Black	Manager/founding member	1 Feb 2018	75% - 100%	2259459
Camille Calhoun Black	Cco	1 Feb 2018	Other	3056949
Christopher Weston Cushman	Member/owner	1 Feb 2018	Other	5092370
Jennifer Hester Hall	Member/owner	1 Feb 2018	Other	5448682
Peter Lewis Geckeler	Member/owner	1 Feb 2018	Other	6294851

Based in Suwanee

The principal office where Legacy Planning Advisors, LLC performs its advisory services is located at 5400 Laurel Springs Parkway, Suwanee, GA 30024, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 770-919-2075 or by fax 678-559-0469. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at lpaadvisors.com.