Legacy Financial Advisors, Inc. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 6, 2026. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$5,000

“Legacy provides financial planning services, as described in Item 4, for a flat fee of $5,000, payable upon delivery to the client of the financial plan.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Legacy Financial Advisors, Inc. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Legacy’s management fee is billed quarterly in arrears using an average daily balance calculation.”
• “The initial management fee is prorated for the number of days remaining in the calendar quarter based on the average daily balance from the day the account is opened.”
• “The flat fee is billed same as the standard fee schedule described above (i.e. quarterly in arrears based on average daily value).”

How Legacy Financial Advisors, Inc.’s fees compare

• Its flat or project fee of $5,000 is above the Kentucky median of $3,000. 61% of the 33 other Kentucky planners that publish a flat or project fee charge less.
• 1 of the 2 other planners in Covington that publish a flat or project fee charge less.

About Legacy Financial Advisors, Inc.

• Firm size: 21 employees.
• Founded: 2006 (20 years).

Planning areas mentioned in the brochure

• Estate planning

Firm details from Form ADV

How the firm is paid

Fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1.5% a year

Clients

1,061

Employees

21

Works with

Individuals, high net worth individuals, and charities

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and selecting other advisers

Assets managed

$1,515,563,474

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

158675

Website

legacyfinancialadvisors.com (opens in new tab)

Phone

(859) 655-5225

Can advise clients in 19 states: Arizona, California, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, North Carolina, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin

Other planners in Covington that publish fees

• Journey Advisory Group, LLCCovington$200/hr, $500⁠-⁠$5,000
• Principled Wealth Advisors, LLCCovington$2,000⁠-⁠$30,000
• Abri LLCLexington$500/hr, $3,000
• Advantage Investment ManagementLouisville$250/hr, $25,000
• Alpha Financial Partners LLCLexington$250/hr, $5,000⁠-⁠$250,000/yr
• Avant-Garde WealthSmiths Grove$5,000/yr

Compare all 3 planners in Covington