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

Legacy Asset Management, Inc.

Former SEC-registered adviserHouston, TexasCRD 111423SEC 801-57208IAPD
Latest filing May 13, 2024
First filing on the tape Apr 3, 2012 · 43 filings
RAUM
$162M
reported, Item 5.F
Discretionary
87%
of RAUM
Private clients
92%
$149M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$162M as of Feb 15, 2024
Apr 3, 2012$154M then
HNW client RAUM$111M as of Feb 15, 2024
Mar 21, 2018$180M then
State-registered IARs (5.B.3)3 as of Feb 15, 2024
Apr 3, 20120 then
Employees (5.A)8 as of Feb 15, 2024
Apr 3, 20138 then
Private funds: no history
RAUM +32% over the last fiscal year-27% a year over threeIARs 2 to 3
Practice profile
derived from the filing of May 13, 2024; every figure names its basis
RAUM per advisor
$53.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
60derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.1MderivedHNW RAUM over HNW clients
Average account
$309,800derivedRAUM over accounts (5.F.2.f)
Discretionary
87%derivedof RAUM
Institutional
8.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+32%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
+19%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$111M69%
  • Individuals$37.3M23%
  • Pension and profit-sharing plans$9.8M6.0%
  • Charitable organizations$3.4M2.1%
Individual clients
144reported
HNW clients
36reported
Pension plan clients
14reported
Charitable clients
5reported
Accounts
522reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
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
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
    • Richard Joseph Birkofer · President/Secretary/Chief Compliance Officercontrol
      since 06/1998 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Houston, Tx · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Employees · 8 to 7
      Feb 23, 2024 to May 13, 2024
    • Accounts · 489 to 522
      Sep 15, 2023 to Feb 15, 2024
    • Charity clients · 3 to 5
      Sep 15, 2023 to Feb 15, 2024
    • HNW clients · 25 to 36
      Sep 15, 2023 to Feb 15, 2024
    • Individual clients · 126 to 144
      Sep 15, 2023 to Feb 15, 2024
    • Pension plan clients · 137 to 14
      Sep 15, 2023 to Feb 15, 2024
    • Discretionary RAUM · $118M to $141M
      Sep 15, 2023 to Feb 15, 2024
    • HNW RAUM · $71.5M to $111M
      Sep 15, 2023 to Feb 15, 2024
    • Individual RAUM · $37.7M to $37.3M
      Sep 15, 2023 to Feb 15, 2024
    • Non-discretionary RAUM · $4.3M to $20.2M
      Sep 15, 2023 to Feb 15, 2024
    • Pension RAUM · $11.1M to $9.8M
      Sep 15, 2023 to Feb 15, 2024
    • RAUM · $122M to $162M
      Sep 15, 2023 to Feb 15, 2024
    • Advisory employees · 2 to 3
      Apr 13, 2023 to Sep 15, 2023
    • State-registered IARs · 2 to 3
      Apr 13, 2023 to Sep 15, 2023
    • Accounts · 200 to 489
      Dec 21, 2022 to Mar 27, 2023
    • Charity clients · 0 to 3
      Dec 21, 2022 to Mar 27, 2023
    • HNW clients · 32 to 25
      Dec 21, 2022 to Mar 27, 2023
    • Individual clients · 136 to 126
      Dec 21, 2022 to Mar 27, 2023
    • Pension plan clients · 16 to 137
      Dec 21, 2022 to Mar 27, 2023
    • Discretionary RAUM · $139M to $118M
      Dec 21, 2022 to Mar 27, 2023
    • HNW RAUM · $87.5M to $71.5M
      Dec 21, 2022 to Mar 27, 2023
    • Individual RAUM · $42.0M to $37.7M
      Dec 21, 2022 to Mar 27, 2023
    • Non-discretionary RAUM · $0 to $4.3M
      Dec 21, 2022 to Mar 27, 2023
    • Pension RAUM · $8.3M to $11.1M
      Dec 21, 2022 to Mar 27, 2023
    • RAUM · $139M to $122M
      Dec 21, 2022 to Mar 27, 2023
    • Accounts · 535 to 200
      Mar 7, 2022 to Apr 4, 2022
    • Advisory employees · 3 to 2
      Mar 7, 2022 to Apr 4, 2022
    • Charity clients · 163 to 0
      Mar 7, 2022 to Apr 4, 2022
    • HNW clients · 26 to 32
      Mar 7, 2022 to Apr 4, 2022
    • Individual clients · 303 to 136
      Mar 7, 2022 to Apr 4, 2022
    • Pension plan clients · 0 to 16
      Mar 7, 2022 to Apr 4, 2022
    • State-registered IARs · 3 to 2
      Mar 7, 2022 to Apr 4, 2022
    • Discretionary RAUM · $146M to $139M
      Mar 7, 2022 to Apr 4, 2022
    • HNW RAUM · $68.4M to $87.5M
      Mar 7, 2022 to Apr 4, 2022
    • Individual RAUM · $70.4M to $42.0M
      Mar 7, 2022 to Apr 4, 2022
    • Non-discretionary RAUM · $400M to $0
      Mar 7, 2022 to Apr 4, 2022
    • Pension RAUM · $0 to $8.3M
      Mar 7, 2022 to Apr 4, 2022
    • RAUM · $546M to $139M
      Mar 7, 2022 to Apr 4, 2022
    • Accounts · 402 to 535
      Feb 16, 2022 to Mar 7, 2022
    • Charity clients · 3 to 163
      Feb 16, 2022 to Mar 7, 2022
    Signals
    11 dated events
    • Christina Lynn Allen left Legacy Asset Management, Inc. for Onedigital (registered 2024-02-23)
      Aug 28, 2024 · Advisor changed firm · fact
    • Adriana Sanchez De Tagle Elwood left Legacy Asset Management, Inc. for Onedigital (registered 2024-02-21)
      Aug 28, 2024 · Advisor changed firm · fact
    • Joseph Richard Birkofer left Legacy Asset Management, Inc. for Onedigital (registered 2024-03-04)
      Aug 28, 2024 · Advisor changed firm · fact
    • Legacy Asset Management, Inc.'s advisors moved to Onedigital (Houston, TX): 3 of 3 registered, on the same day
      Aug 28, 2024 · Firm absorbed (people side) · derived
    • Legacy Asset Management, Inc. reported RAUM $139.0M, down 75% from $546.0M (2022-03-07 to 2022-04-04)
      Apr 4, 2022 · RAUM change · derived
    • Legacy Asset Management, Inc. reported RAUM $546.0M, up 30% from $419.2M (2022-02-16 to 2022-03-07)
      Mar 7, 2022 · RAUM change · derived
    • Legacy Asset Management, Inc. reported RAUM $419.2M, up 332% from $97.1M (2021-03-10 to 2021-03-19)
      Mar 19, 2021 · RAUM change · derived
    • E Richard Kaplan (Partner) no longer on Schedule A of Legacy Asset Management, Inc. (listed 2021-03-10, absent 2021-03-19)
      Mar 19, 2021 · Control person left · inference
    • Claire Jillian Nel (Partner) no longer on Schedule A of Legacy Asset Management, Inc. (listed 2021-03-10, absent 2021-03-19)
      Mar 19, 2021 · Control person left · inference
    • Legacy Asset Management, Inc. reported RAUM $97.1M, down 73% from $364.4M (2020-05-29 to 2020-11-25)
      Nov 25, 2020 · RAUM change · derived
    • Legacy Asset Management, Inc. reported RAUM $295.9M, down 41% from $503.2M (2018-08-20 to 2019-02-27)
      Feb 27, 2019 · RAUM 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