Legend Financial Advisors Inc is a large advisory firm based in Pittsburgh. It manages $264.53 million of regulatory assets for 1,109 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Maryland, and 7 other states.
Legend Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Legend Financial Advisors Inc is $264.53 million. The firm's AUM has grown by 192% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Legend Financial Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Legend Financial Advisors is high net worth individuals with 97 clients and $219.41 million of assets under management. Among the 11 most similar advisory firms, Legend Financial Advisors has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $264.53 million for 184 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.
Legend Financial Advisors doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. 2 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.
The principal office where Legend Financial Advisors Inc performs its advisory services is located at 5700 Corporate Drive, Pittsburgh, PA 15237, 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 412-635-9210 or by fax 412-635-9213. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at legend-financial.com.