Frequently Asked Questions

Charles Schwab acts as the primary independent custodian for our client accounts.  Please note that our clients maintain ownership of their account at all times.  We are provided trading authority in order to manage our clients' accounts per their investment plan objectives, however we do not custody any client assets. 

We offer a flat, asset-based fee structure to ensure full transparency and alignment with our clients. Fees are not blended across tiers and are based on total assets under our management. We do not charge trading commissions or performance-based fees.

Investment Advisory Services
Our standard Investment Advisory Services fees are based on a percentage of assets under management (AUM). Fees are tiered by portfolio size, annualized, billed quarterly in arrears, and calculated on the market value at quarter-end. Comprehensive financial planning is an integrated part of our investment advisory services and inclusive in the fee.

AUM Tier with Advisory Fees:
• Up to $2 million: 1.00%
• $2 million – $5 million: 0.85%
• $5 million – $10 million: 0.75%
• $10 million – $25 million: 0.65%
• $25 million – $50 million: 0.55%
• $50 million – $75 million: 0.45%

• $75 million – $100 million: 0.35%

• Over $100 million: Negotiable

Family Office Services
We deliver a fully integrated Family Office Services offering that includes our comprehensive Investment Advisory & Planning Services plus dedicated support across Family Governance, Trust and Entity Administration, Lifestyle Management, and coordination with outside Tax, Business and Legal Advisors. 

AUM Tier with Advisory Fees:

• $10 million – $25 million: 0.75%
• $25 million – $50 million: 0.65%
• $50 million – $75 million: 0.55%

• $75 million – $100 million: 0.45%

• Over $100 million: Negotiable

Additional Information

• Comprehensive financial planning is included across all service levels.
 

• Discounted fees apply for Cash Management Solutions.
 

• Fees for alternative investments are separate and will be fully disclosed in advance.
 

• Advisory fees do not include internal expenses associated with mutual funds, ETFs, or other pooled investment vehicles.

• Family Office Services require a minimum $10 million of Assets under Advisement. 

• Flat financial planning fees are available for clients seeking standalone planning services.

Yes.  Financial planning and consulting services are available as a standalone service for a flat fee.  Fees are based on the complexity of the financial situation and the scope of the services provided, and will be determined after an initial consultation.  All financial plans are prepared by a CERTIFIED FINANCIAL PLANNER™ Professional. 

Our Investment Advisory services are designed for clients with $500,000 or more in investable assets, though select relationships below that threshold may be considered at our discretion. Our Family Office Services are tailored for individuals and families with $10 million or more in assets under advisement. 

We provide ongoing active management on behalf of our clients and aim to meet at minimum on a quarterly basis.  

Yes.  We are Fiduciary Financial Advisors. 

Although many of our clients are based in California, we have clients located throughout the United States.  

For general account service requests, including (but not limited to) fund transfers, document requests and check requests, please contact our Service Team at service@legacywealthic.com or call us at 949-867-7670.  One of our team members will call you to confirm your request.  Please note that we cannot process fund transfer and trading requests left through Email or voicemail.  You may also contact our dedicated Charles Schwab Alliance Service Team at  800-515-2157. 

Yes.  Insurance is available through the Securities Investor Protection Corporation (SIPC).  For additional information on SIPC, please refer to the link below: 

https://www.sipc.org/for-investors/what-sipc-protects

Please contact us at 949-867-7670 or via Email at service@legacywealthic.com for any time sensitive or urgent account matters.  You may also contact our dedicated Charles Schwab Alliance Service Team at 800-515-2157.  Should none of these avenues be available, clients can contact the Portside Wealth Group at 385-412-1222.