Our Process

“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.

Greg Feese CRPC®, Financial Advisor & Wealth Management Advisor is here to help guide you through the different phases of retirement planning; as a fee based advisor Greg has a fiduciary responsibility to always act in the best interest of every client.. He understands your biggest concerns and will listen to how you feel about every situation and we will be proactive in all planning strategies.

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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?

Our process begins with a ‘get to know each other’ meeting. There is no buying and selling; it would be impossible for us to make a recommendation without learning about. We will ask a lot of questions, review asset statements, tax returns, insurance polices, estate planning & your employee benefits. We want to dig in and find out what gaps you don’t see, what concerns you, what are your goals & dreams.

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?

We work with families, Trusts, professionals, business owners, athletes & many other individuals. Please click on the contact page to schedule a time for your initial consultation & see how our firm can help you achieve your goals.

How do I get started working with Legacy Wealth Management Group, LLC?

As a prospective client, we encourage you to come in for a complimentary consultation. This is where we get to know you, explore your situation & decide if our firm is a good fit to help you.

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?

Most of our clients come to us from introductions from current clients. We typically work with clients have healthy household incomes & investable assets of $250,000 or more. However, we welcome & enjoy working with clients who have yet to meet these thresholds but are growing on the path to reaching them.

What kind of returns can I expect?

We cannot promise, imply or guarantee any kind of return; doing so would be against standard industry regulations. However, we will evaluate your risk tolerance, age, experience, time horizon, assets, needs and other factors to build you a custom allocation portfolio that we believe over time fits your investment goals.

Who actually holds my money or has custody of my funds?

On the fee based platform all assets are held at Charles Schwab in account registered in your name with your social security number. Trust accounts are held under the Trust name & Tax ID. We may at times use funds where there is no ‘fee’ those are commission-based accounts and those will be held at the custodian of each Mutual Fund family.

What is the investment philosophy of Legacy Wealth Management Group?

We believe in building the portfolio that meets your full needs & meets your risk tolerance. Legacy Wealth Management Group has core beliefs that allow us to work along side our clients and always make decisions based on our client’s best interest. We design client portfolios based on the science of capital markets & global 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.

What credentials do your advisors have?

Greg Feese, our founder and Financial Advisor is a CRPC®; Chartered Retirement Planning Counselor. Individuals who hold the CRPC® designation have completed a course of study encompassing pre-and post-retirement needs, asset management, Social Security, estate planning and the entire retirement planning process using models and techniques from real client situations. Additionally, individuals must pass an end-of-course examination that tests their ability to synthesize complex concepts and apply theoretical concepts to real-life situations.

Have you ever been sued or subject to a lawsuit?

No none. You may also broker check Greg Feese, CRPC® here.

Are you a Fiduciary for your clients?

Yes, we are a fiduciary for advisory services; this means we always put the clients interest ahead of our own. This should always be the case & with Legacy Wealth Management it is. Many advisors only follow the ‘Suitability Standard’ which means they only need to recommend a product that is suitable, which may not be in your best interest.

Legacy Wealth Management Group

Greg Feese CRPC®, Financial Adviser. 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.

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