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.

SEC-registered adviser

Legacies Wealth LLC

Independent wealth managerMinnetonka, MinnesotaCRD 143138SEC 801-99370websiteIAPD
Latest filing May 29, 2026
First filing on the tape Feb 24, 2012 · 26 filings
SEC status approved since Jun 26, 2015
RAUM
$505M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
99%
$498M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$505M as of May 29, 2026
Mar 22, 2019$94.9M then
HNW client RAUM$489M as of May 29, 2026
Mar 22, 2019$90.9M then
State-registered IARs (5.B.3)3 as of May 29, 2026
Mar 30, 20160 then
Employees (5.A)5 as of May 29, 2026
Mar 30, 20162 then
Private funds: no history
RAUM +21% over the last fiscal year+16% a year over threeIARs 3 to 3
Practice profile
derived from the filing of May 29, 2026; every figure names its basis
RAUM per advisor
$126MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
21derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$9.4MderivedHNW RAUM over HNW clients
Average account
$1.7MderivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+21%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+9.1%derived
Compensation
percentage of assets, fixed fees, commissionsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, 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
  • is an insurance broker or agent (6.A.6)
  • 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)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$489M97%
  • Individuals$8.7M1.7%
  • Charitable organizations$7.2M1.4%
Individual clients
32reported
HNW clients
52reported
Pension plan clients
n/areported
Charitable clients
3reported
Accounts
298reported
Financial planning clients
51-100reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, commissionsreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Todd David WitcraftPersonal Financial SpecialistMinnetonka, MnMar 1, 201836 y2
Jose Asencion CabreraMinnetonka, MnApr 2, 202213 y0
Alex Gregory WattermannMinnetonka, MnMar 5, 202411 y0
John WitcraftMinnetonka, MnMay 29, 202612 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • David Todd Witcraft · Chief Executive Officer, Treasurer, Ccocontrol
    since 03/2018 · owns 25% to 50%
  • Emmett Michael Dougherty · Trusteecontrol
    since 04/2014 · owns 50% to 75% of Michael E. Dougherty Revocable Trust Dated March 27, 2006
  • David Todd Witcraft · Membercontrol
    since 01/2023 · owns 25% to 50% of 1119 Holdings LLC
  • John Paul Dinzeo · Member
    since 01/2023 · owns F of 1119 Holdings LLC
Entity owners
  • 1119 Holdings LLC · Member
    direct · owns 25% to 50%
  • Dougherty Financial Group LLC · Member
    direct · owns 50% to 75%
  • Michael E. Dougherty Revocable Trust Dated March 27, 2006 · Member
    indirect · owns 50% to 75% of Dougherty Financial Group LLC
Related persons
Schedule D 7.A
  • Dougherty Tax And Accounting LLC
    insurancen
  • Dougherty Trust Company, LLC
    custodiann
Advisers that list Legacies Wealth LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Minnetonka, Mn · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Business name · DOUGHERTY WEALTH ADVISERS LLC to LEGACIES WEALTH LLC
    Feb 25, 2026 to May 29, 2026
  • HQ city · WAYZATA to MINNETONKA
    Feb 25, 2026 to May 29, 2026
  • Legal name · DOUGHERTY WEALTH ADVISERS LLC to LEGACIES WEALTH LLC
    Feb 25, 2026 to May 29, 2026
  • Accounts · 246 to 298
    Oct 23, 2025 to Feb 25, 2026
  • Charity clients · 2 to 3
    Oct 23, 2025 to Feb 25, 2026
  • HNW clients · 49 to 52
    Oct 23, 2025 to Feb 25, 2026
  • Individual clients · 28 to 32
    Oct 23, 2025 to Feb 25, 2026
  • Assets in custody · $60.0M to $9.0M
    Oct 23, 2025 to Feb 25, 2026
  • Employees · 4 to 5
    Oct 23, 2025 to Feb 25, 2026
  • Discretionary RAUM · $347M to $413M
    Oct 23, 2025 to Feb 25, 2026
  • HNW RAUM · $408M to $489M
    Oct 23, 2025 to Feb 25, 2026
  • Individual RAUM · $7.1M to $8.7M
    Oct 23, 2025 to Feb 25, 2026
  • Non-discretionary RAUM · $70.7M to $92.0M
    Oct 23, 2025 to Feb 25, 2026
  • RAUM · $418M to $505M
    Oct 23, 2025 to Feb 25, 2026
  • Accounts · 204 to 246
    Mar 15, 2024 to Mar 6, 2025
  • HNW clients · 57 to 49
    Mar 15, 2024 to Mar 6, 2025
  • Individual clients · 20 to 28
    Mar 15, 2024 to Mar 6, 2025
  • Assets in custody · $55.6M to $60.0M
    Mar 15, 2024 to Mar 6, 2025
  • Employees · 3 to 4
    Mar 15, 2024 to Mar 6, 2025
  • Financial planning clients · 51-100 to 51-100
    Mar 15, 2024 to Mar 6, 2025
  • Discretionary RAUM · $300M to $347M
    Mar 15, 2024 to Mar 6, 2025
  • HNW RAUM · $338M to $408M
    Mar 15, 2024 to Mar 6, 2025
  • Individual RAUM · $4.5M to $7.1M
    Mar 15, 2024 to Mar 6, 2025
  • Non-discretionary RAUM · $51.6M to $70.7M
    Mar 15, 2024 to Mar 6, 2025
  • RAUM · $352M to $418M
    Mar 15, 2024 to Mar 6, 2025
  • Accounts · 192 to 204
    Feb 21, 2023 to Mar 15, 2024
  • Advisory employees · 2 to 3
    Feb 21, 2023 to Mar 15, 2024
  • HNW clients · 49 to 57
    Feb 21, 2023 to Mar 15, 2024
  • Assets in custody · $48.6M to $55.6M
    Feb 21, 2023 to Mar 15, 2024
  • Employees · 4 to 3
    Feb 21, 2023 to Mar 15, 2024
  • State-registered IARs · 1 to 3
    Feb 21, 2023 to Mar 15, 2024
  • Discretionary RAUM · $266M to $300M
    Feb 21, 2023 to Mar 15, 2024
  • HNW RAUM · $310M to $338M
    Feb 21, 2023 to Mar 15, 2024
  • Individual RAUM · $4.1M to $4.5M
    Feb 21, 2023 to Mar 15, 2024
  • Non-discretionary RAUM · $57.9M to $51.6M
    Feb 21, 2023 to Mar 15, 2024
  • RAUM · $324M to $352M
    Feb 21, 2023 to Mar 15, 2024
  • Accounts · 157 to 192
    Apr 6, 2022 to Feb 21, 2023
  • Advisory employees · 3 to 2
    Apr 6, 2022 to Feb 21, 2023
  • HNW clients · 46 to 49
    Apr 6, 2022 to Feb 21, 2023
  • Individual clients · 13 to 20
    Apr 6, 2022 to Feb 21, 2023
Signals
3 dated events
  • Kyle Jacob Kolb left Legacies Wealth Llc for Cresset Asset Management, Llc (registered 2023-03-17)
    Dec 7, 2022 · Advisor changed firm · fact
  • Legacies Wealth Llc reported RAUM $236.5M, up 112% from $111.5M (2020-06-19 to 2020-07-17)
    Jul 17, 2020 · RAUM change · derived
  • Dougherty Wealth Advisers Llc filed its initial SEC registration (Form ADV)
    May 29, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
info@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
creinke@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
kbackes@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
kbowar@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
kkimsal@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
kmauch@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
oengstrand@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
pdinzeo@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
sriegert@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
bwitcraft@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
cwitcraft@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
Business email
dlochner@legacies-wealth.comreportedpublished by the firm, firm site, Sep 15, 2026
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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$126Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026