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

Legacy Financial Strategies, LLC

Independent wealth managerOverland Park, KansasCRD 283553SEC 801-107930websiteIAPD
Latest filing Jul 21, 2026
First filing on the tape May 27, 2016 · 43 filings
SEC status approved since Jul 1, 2016
RAUM
$952M
reported, Item 5.F
Discretionary
84%
of RAUM
Private clients
81%
$775M individuals and HNW
Advisors
13
registered through the firm on IAPD
RAUM per advisor
$73.2M
derived; firm RAUM over IAPD count
Employees
16
12 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$952M as of Jul 21, 2026
Mar 29, 2017$196M then
HNW client RAUM$639M as of Jul 21, 2026
Mar 30, 2018$122M then
State-registered IARs (5.B.3)8 as of Jul 21, 2026
Mar 29, 20179 then
Employees (5.A)16 as of Jul 21, 2026
Mar 29, 201711 then
Private funds: no history
RAUM +18% over the last fiscal year+23% a year over threeIARs 10 to 8
Practice profile
derived from the filing of Jul 21, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$73.2MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$455,519derivedRAUM over accounts (5.F.2.f)
Discretionary
84%derivedof RAUM
Institutional
17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
13.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
-20%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.3%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
Financial planning clients
500reportedItem 5.H
Custody
$47.0M, 41 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • 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
  • High-net-worth individuals$639M67%
  • Pension and profit-sharing plans$155M16%
  • Individuals$136M14%
  • Corporations and businesses$14.0M1.5%
  • Charitable organizations$8.7M0.9%
Individual clients
331reported
HNW clients
304reported
Pension plan clients
61reported
Charitable clients
n/areported
Accounts
2,090reported
Financial planning clients
500reported
Wrap fee programs
noreported
Custody of client assets
$47.0M for 41 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.81 fund_share=0.0 institutional_share=0.17 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
13 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael Voorhees WrenCertified Financial PlannerOverland Park, KsAug 18, 201625 y2
Samuel Lee MurrayOverland Park, KsAug 18, 201612 y1
David Patrick DwyerCertified Financial PlannerOverland Park, KsApr 6, 201721 y1
Jacob Andrew WattsCertified Financial PlannerOverland Park, KsApr 6, 201720 y1
Christopher David ProctorOverland Park, KsMay 8, 201828 y1
Andrew David RogersCertified Financial PlannerOverland Park, KsNov 6, 201912 y2
Joseph Kenneth NafzigerCertified Financial PlannerOverland Park, KsJan 19, 202113 y1
Jeffrey Dean HrabeCertified Financial PlannerOverland Park, KsJan 5, 202218 y3
Michelle Leann GreenCertified Financial PlannerOverland Park, KsJul 28, 202317 y0
Bryce CoyCertified Financial PlannerOverland Park, KsJan 22, 202410 y2
Brooklyn Rose MaldonadoCertified Financial PlannerOverland Park, KsJun 13, 202412 y1
Ellea Marie StarkelCertified Financial PlannerOverland Park, KsFeb 13, 202513 y1
Paige GordonOverland Park, KsJun 22, 202611 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Marae Bethany Leiker · Chief Compliance Officercontrol
      since 06/2024 · owns less than 5%
    • David Christopher Proctor · Minority Owner / Principal / Chief Financial Officer / Chief Investment Officercontrol
      since 05/2018 · owns 10% to 25%
    • Voorhees Michael Wren · Controlling Owner / Ceo / Principal / Iarcontrol
      since 03/2015 · owns 25% to 50%
    • Patrick David Dwyer · Minority Owner / Principal
      since 04/2018 · owns 10% to 25%
    • Dean Jeffrey Hrabe · Minority Owner/Principal
      since 12/2024 · owns less than 5%
    • Kenneth Joseph Nafziger · Minority Owner/Principal
      since 12/2024 · owns less than 5%
    • David Andrew Rogers · Minority Owner / Principal
      since 01/2023 · owns 10% to 25%
    • Andrew Jacob Watts · Minority Owner / Principal
      since 04/2018 · owns 10% to 25%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Overland Park, Ks · principal1310
    Offices
    Schedule D 1.F, the 25 largest
    • Wichita, KS1 employees
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • discretionary share shiftChange between filings · filing Feb 24, 2026
      discretionary share of RAUM moved from 99.0% to 84.0% between the annual amendments of 2025-03-14 and 2026-02-24
      peers: independent wealth managers, $500M to $1B (1,483)
    What changed
    consecutive filings, newest first
    • Accounts · 2,014 to 2,090
      Mar 14, 2025 to Feb 24, 2026
    • HNW clients · 292 to 304
      Mar 14, 2025 to Feb 24, 2026
    • Individual clients · 335 to 331
      Mar 14, 2025 to Feb 24, 2026
    • Pension plan clients · 60 to 61
      Mar 14, 2025 to Feb 24, 2026
    • Assets in custody · $35.5M to $47.0M
      Mar 14, 2025 to Feb 24, 2026
    • Financial planning clients · 251-500 to More than 500
      Mar 14, 2025 to Feb 24, 2026
    • State-registered IARs · 10 to 8
      Mar 14, 2025 to Feb 24, 2026
    • Discretionary RAUM · $801M to $795M
      Mar 14, 2025 to Feb 24, 2026
    • HNW RAUM · $534M to $639M
      Mar 14, 2025 to Feb 24, 2026
    • Individual RAUM · $116M to $136M
      Mar 14, 2025 to Feb 24, 2026
    • Non-discretionary RAUM · $5.5M to $157M
      Mar 14, 2025 to Feb 24, 2026
    • Pension RAUM · $136M to $155M
      Mar 14, 2025 to Feb 24, 2026
    • RAUM · $806M to $952M
      Mar 14, 2025 to Feb 24, 2026
    • Financial planning clients · 251-500 to 251-500
      Mar 4, 2025 to Mar 14, 2025
    • Accounts · 1,921 to 2,014
      Nov 22, 2024 to Mar 4, 2025
    • HNW clients · 255 to 292
      Nov 22, 2024 to Mar 4, 2025
    • Individual clients · 356 to 335
      Nov 22, 2024 to Mar 4, 2025
    • Pension plan clients · 59 to 60
      Nov 22, 2024 to Mar 4, 2025
    • Assets in custody · $32.5M to $35.5M
      Nov 22, 2024 to Mar 4, 2025
    • Employees · 14 to 16
      Nov 22, 2024 to Mar 4, 2025
    • State-registered IARs · 11 to 10
      Nov 22, 2024 to Mar 4, 2025
    • Other offices · 1 to 0
      Nov 22, 2024 to Mar 4, 2025
    • Discretionary RAUM · $561M to $801M
      Nov 22, 2024 to Mar 4, 2025
    • HNW RAUM · $409M to $534M
      Nov 22, 2024 to Mar 4, 2025
    • Individual RAUM · $106M to $116M
      Nov 22, 2024 to Mar 4, 2025
    • Non-discretionary RAUM · $84.6M to $5.5M
      Nov 22, 2024 to Mar 4, 2025
    • Pension RAUM · $111M to $136M
      Nov 22, 2024 to Mar 4, 2025
    • RAUM · $646M to $806M
      Nov 22, 2024 to Mar 4, 2025
    • HQ city · LEAWOOD to OVERLAND PARK
      Mar 20, 2024 to Jun 3, 2024
    • Accounts · 1,836 to 1,921
      Nov 22, 2023 to Mar 20, 2024
    • Advisory employees · 11 to 12
      Nov 22, 2023 to Mar 20, 2024
    • HNW clients · 245 to 255
      Nov 22, 2023 to Mar 20, 2024
    • Individual clients · 361 to 356
      Nov 22, 2023 to Mar 20, 2024
    • Pension plan clients · 64 to 59
      Nov 22, 2023 to Mar 20, 2024
    • Assets in custody · $32.5M to $32.5M
      Nov 22, 2023 to Mar 20, 2024
    • Employees · 12 to 14
      Nov 22, 2023 to Mar 20, 2024
    • State-registered IARs · 9 to 11
      Nov 22, 2023 to Mar 20, 2024
    • Discretionary RAUM · $431M to $561M
      Nov 22, 2023 to Mar 20, 2024
    • HNW RAUM · $312M to $409M
      Nov 22, 2023 to Mar 20, 2024
    • Individual RAUM · $87.9M to $106M
      Nov 22, 2023 to Mar 20, 2024
    Signals
    9 dated events
    • Marae Bethany Busche (Chief Compliance Officer) appeared on Schedule A of Legacy Financial Strategies, Llc
      Jun 3, 2024 · Control person joined · fact
    • N Heather Hardman (Chief Compliance Officer) no longer on Schedule A of Legacy Financial Strategies, Llc (listed 2024-03-20, absent 2024-06-03)
      Jun 3, 2024 · Control person left · inference
    • Legacy Financial Strategies, Llc reported RAUM $645.6M, up 27% from $508.7M (2023-11-22 to 2024-03-20)
      Mar 20, 2024 · RAUM change · derived
    • Jordan Kasey Priddy left Legacy Financial Strategies, Llc for Buckingham Strategic Wealth, Llc (registered 2023-11-17)
      Oct 25, 2023 · Advisor changed firm · fact
    • Wayne Michael Lutz (Ceo, Managing Member) no longer on Schedule A of Legacy Financial Strategies, Llc (listed 2023-01-25, absent 2023-01-25)
      Jan 25, 2023 · Control person left · inference
    • Legacy Financial Strategies, Llc reported RAUM $234.6M, down 38% from $377.0M (2018-08-15 to 2018-09-28)
      Sep 28, 2018 · RAUM change · derived
    • Legacy Financial Strategies, Llc reported RAUM $377.0M, up 92% from $195.9M (2018-01-22 to 2018-03-30)
      Mar 30, 2018 · RAUM change · derived
    • Legacy Financial Strategies, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
      May 27, 2016 · Succession (Item 4) · fact
    • Legacy Financial Strategies, Llc filed its initial SEC registration (Form ADV)
      May 27, 2016 · 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 phone
    913-403-0600reportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    913-403-0700reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/LEGACY-FINANCIAL-STRATEGIES-LLCreportedpublic record, Form ADV, Sep 17, 2026
    Website
    LEGACYKC.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    913-403-0600reportedpublic record, Form ADV, Jul 21, 2026
    Team page
    legacykc.com/our-teamreportedpublished 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
    $73.2Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026