DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Legend Advisory, LLC

Former SEC-registered adviserPalm Beach Gardens, FloridaCRD 104761SEC 801-13887IAPD
Latest filing Mar 29, 2019
First filing on the tape Dec 8, 2011 · 39 filings
RAUM
$1.9B
reported, Item 5.F
Discretionary
66%
of RAUM
Private clients
99%
$1.9B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
303
296 advisory (5.B.1)
Offices
121
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$1.9B as of Mar 29, 2019
Mar 1, 2012$1.6B then
HNW client RAUM$61.9M as of Mar 29, 2019
Mar 30, 2018$1.1B then
State-registered IARs (5.B.3)228 as of Mar 29, 2019
Mar 28, 2013383 then
Employees (5.A)303 as of Mar 29, 2019
Mar 28, 2013425 then
Private funds: no history
RAUM -18% over the last fiscal year-2.6% a year over threeIARs 242 to 228offices 109 to 121
Practice profile
derived from the filing of Mar 29, 2019; every figure names its basis
RAUM per advisor
$8.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
96derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$578,404derivedHNW RAUM over HNW clients
Average account
$73,949derivedRAUM over accounts (5.F.2.f)
Discretionary
66%derivedof RAUM
Institutional
0.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
1.9derived122 offices incl. principal (1.F.5)
RAUM growth, one year
-18%derivedbetween the last two annual amendments
Advisor growth, one year
-5.8%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.2%derived
Compensation
percentage of assets, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Wrap fee program
$1.3BreportedItem 5.I
Custody
$1.8B, 21,164 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$1.9B95%
  • High-net-worth individuals$61.9M3.2%
  • Pension and profit-sharing plans$15.5M0.8%
  • Corporations and businesses$13.1M0.7%
  • Charitable organizations$275,5240.0%
Individual clients
21,823reported
HNW clients
107reported
Pension plan clients
132reported
Charitable clients
2reported
Accounts
26,328reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $0 managedreported
Custody of client assets
$1.8B for 21,164 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Samuel Edward Forst · Managercontrol
      since 01/2017 · owns less than 5%
    • Miralda Gingrich · Vice Presidentcontrol
      since 08/2016 · owns less than 5%
    • Neil Denis Houser · President/Ceocontrol
      since 01/2017 · owns less than 5%
    • Mulherrin Diane Mccarthy · Sr Vice-President, Chief Financial Officercontrol
      since 09/2018 · owns less than 5%
    • Shashi Mehrotra · Chief Investment Officer/Chief Operating Officercontrol
      since 01/2017 · owns less than 5%
    • Mary Susan Oberlies · Chief Compliance Officercontrol
      since 01/2017 · owns less than 5%
    • Dougherty Karen Bura · Assistant Treasurer
      since 01/2017 · owns less than 5%
    • Ann Debra Patterson · Secretary
      since 01/2017 · owns less than 5%
    Entity owners
    • Legend Group Holdings, LLC · Member/Shareholder
      direct · owns 75% or more
    • Lincoln Investment Capital Holdings, LLC · Indirect Owner
      indirect · owns 75% or more of Legend Group Holdings, LLC
    Related persons
    Schedule D 7.A
    Advisers that list Legend Advisory, LLC as a related person
    Offices
    Schedule D 1.F, the 25 largest
    • Getzville, NY41 employees
    • Rochester, NY20 employees
    • Independence, OH19 employees
    • Bohemia, NY14 employees
    • Royal Oak, MI14 employees
    • Syracuse, NY10 employees
    • Columbus, OH8 employees
    • St. Petersburg, FL8 employees
    • San Dimas, CA7 employees
    • Tucson, AZ7 employees
    • Tempe, AZ5 employees
    • Belleview, FL4 employees
    • Lakewood, NY4 employees
    • Watertown, NY4 employees
    • Fort Myers, FL4 employees
    • Bluffton, IN3 employees
    • Winder, GA3 employees
    • , 3 employees
    • West Palm Beach, FL3 employees
    • Wellington, FL3 employees
    • Rochester, NY3 employees
    • Erie, PA3 employees
    • Avon, OH3 employees
    • Newborn, GA2 employees
    • Belleview, FL2 employees
    What changed
    consecutive filings, newest first
    • Accounts · 28,873 to 26,328
      Oct 9, 2018 to Mar 29, 2019
    • Advisory employees · 315 to 296
      Oct 9, 2018 to Mar 29, 2019
    • Advisory activities · 2 to 3
      Oct 9, 2018 to Mar 29, 2019
    • BD registered reps · 321 to 292
      Oct 9, 2018 to Mar 29, 2019
    • Charity clients · 7 to 2
      Oct 9, 2018 to Mar 29, 2019
    • Corporate clients · unset to 18.0
      Oct 9, 2018 to Mar 29, 2019
    • HNW clients · 5,205 to 107
      Oct 9, 2018 to Mar 29, 2019
    • Individual clients · 18,681 to 21,823
      Oct 9, 2018 to Mar 29, 2019
    • Pension plan clients · 274 to 132
      Oct 9, 2018 to Mar 29, 2019
    • Assets in custody · $2.2B to $1.8B
      Oct 9, 2018 to Mar 29, 2019
    • Employees · 321 to 303
      Oct 9, 2018 to Mar 29, 2019
    • Insurance-licensed employees · 218 to 224
      Oct 9, 2018 to Mar 29, 2019
    • Financial planning clients · 1-10 to 0
      Oct 9, 2018 to Mar 29, 2019
    • State-registered IARs · 242 to 228
      Oct 9, 2018 to Mar 29, 2019
    • Other offices · 109 to 121
      Oct 9, 2018 to Mar 29, 2019
    • Discretionary RAUM · $1.6B to $1.3B
      Oct 9, 2018 to Mar 29, 2019
    • HNW RAUM · $1.1B to $61.9M
      Oct 9, 2018 to Mar 29, 2019
    • Individual RAUM · $1.3B to $1.9B
      Oct 9, 2018 to Mar 29, 2019
    • Non-discretionary RAUM · $758M to $658M
      Oct 9, 2018 to Mar 29, 2019
    • Pension RAUM · $40.6M to $15.5M
      Oct 9, 2018 to Mar 29, 2019
    • RAUM · $2.4B to $1.9B
      Oct 9, 2018 to Mar 29, 2019
    • Related insurance company · false to true
      Oct 9, 2018 to Mar 29, 2019
    • Assets in custody · $433,066 to $2.2B
      Mar 30, 2018 to May 25, 2018
    • Custody of client assets · false to true
      Mar 30, 2018 to May 25, 2018
    • Accounts · 25,818 to 28,873
      Sep 29, 2017 to Mar 30, 2018
    • Advisory employees · 323 to 315
      Sep 29, 2017 to Mar 30, 2018
    • BD registered reps · 343 to 321
      Sep 29, 2017 to Mar 30, 2018
    • Charity clients · unset to 7.0
      Sep 29, 2017 to Mar 30, 2018
    • HNW clients · unset to 5205.0
      Sep 29, 2017 to Mar 30, 2018
    • Individual clients · unset to 18681.0
      Sep 29, 2017 to Mar 30, 2018
    • Pension plan clients · unset to 274.0
      Sep 29, 2017 to Mar 30, 2018
    • Assets in custody · $407,497 to $433,066
      Sep 29, 2017 to Mar 30, 2018
    • Employees · 408 to 321
      Sep 29, 2017 to Mar 30, 2018
    • Insurance-licensed employees · 1 to 218
      Sep 29, 2017 to Mar 30, 2018
    • Financial planning clients · 11-25 to 1-10
      Sep 29, 2017 to Mar 30, 2018
    • State-registered IARs · 236 to 242
      Sep 29, 2017 to Mar 30, 2018
    • Other offices · unset to 109.0
      Sep 29, 2017 to Mar 30, 2018
    • Discretionary RAUM · $1.5B to $1.6B
      Sep 29, 2017 to Mar 30, 2018
    • HNW RAUM · unset to 1080467106.0
      Sep 29, 2017 to Mar 30, 2018
    • Individual RAUM · unset to 1265070376.0
      Sep 29, 2017 to Mar 30, 2018
    Signals
    1 dated events
    • Legend Advisory, Llc reported 121 offices beyond its principal office, up from 109 (2018-10-09 to 2019-03-29)
      Mar 29, 2019 · Office count change · derived
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026