Legacy Wealth Management, Llc
- Regulatory AUM
- $459M
- Discretionary
- $394M
- Clients
- 97
- Avg AUM / client
- $4.7M
- Accounts
- 193
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Jul 15, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 56 | $16.3M | 3.55% |
| High net worth individuals | 40 | $431M | 94.0% |
| Charitable organizations | 1 | $11.3M | 2.46% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Forbes Lewis Watson | Chief Executive Officer And Chief Compliance Officer | Aug 2019 (7y) | Less than 5% | |
| Maggie Traxler Hartness | Registered representative | Feb 2023 (3y) | ||
| Reid Mathis Watson | Registered representative | CFP | Jan 2024 (3y) | |
| Wilfred W Henderson | Registered representative | Aug 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Professional And Financial Services, Llc | Sole Member | Sep 2018 | A | 75% or more |
| Charles Ross Bell Jr Spousal Support Trust, Uad 12/31/2012 | Trust | Jan 2021 | B | ≈ 56.25% – 100% via Professional And Financial Services, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Charles Ross Bell Jr Spousal Support Trust, Uad 12/31/2012: 75% – 100% of Professional And Financial Services, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/15/2026 | 908 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- SEI Private Trust $310M (68% of AUM) Jul 2026
- Charles Schwab & Co. $145M (32% of AUM) Jul 2026
- Pershing $27.9K (0% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 15, 2026.
View current Form ADV (SEC/IAPD) ↗