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
Ancorato
Legal name Legacy Investment Solutions, LLC
Latest filing Aug 21, 2026
First filing on the tape Sep 19, 2022 · 13 filings
SEC status approved since Oct 21, 2022
RAUM
$284M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$35.5M
derived; firm RAUM over IAPD count
Employees
18
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
13 filings and snapshots on the tape
RAUM$284M as of Aug 21, 2026
Mar 29, 2024$171M then
HNW client RAUM$0 as of Aug 21, 2026
Mar 29, 2024$59.1M then
State-registered IARs (5.B.3)5 as of Aug 21, 2026
Mar 29, 20235 then
Employees (5.A)18 as of Aug 21, 2026
Mar 29, 20236 then
Private funds: no history
RAUM +18% over the last fiscal yearIARs 8 to 5
Practice profile
derived from the filing of Aug 21, 2026; every figure names its basis
- RAUM per advisor
- $35.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $76,193derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.3derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- -38%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -100%derived
- Compensation
- percentage of assets, otherreportedItem 5.E
- Advisory activities
- portfolio management for investment companies, selection of other advisers, publications, educational seminarsreportedItem 5.G
- Ownership
- controlled by a public reporting companyderived
- 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)
- controlled by a public reporting company (10.A)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$277M98%
- Investment companies$6.5M2.3%
- Individual clients
- 0reported
- HNW clients
- 0reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 3,723reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Antonio Rosales SmithCertified Financial Planner | Boise, Id | Jan 25, 2024 | 14 y | 2 |
| Patrick Anthony Leblanc | Montgomery, Tx | Feb 13, 2025 | 18 y | 1 |
| Lucas Christian Meyer | Boise, Id | May 20, 2026 | 16 y | 0 |
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
none on the tape
Joined, latest
- Patrick Anthony Leblanc from Planmember Securities CorporationFeb 13, 2025 · Other
- Antonio Rosales Smith from Ameriprise Financial Services, LLCJun 8, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
- Peter Carmine Covino from American Independent Securities Group, LLCNov 14, 2022 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Carmine Peter Covino · Managercontrolsince 09/2022 · owns less than 5%
- Albert Andy Rad · Chief Investment Officercontrolsince 09/2022 · owns less than 5%
- Carmine Peter Covino · Ownercontrolsince 05/2023 · owns 50% to 75% of Legacy Investment Solutions Holdings, LLC
- Albert Andy Rad · Ownercontrolsince 05/2023 · owns 50% to 75% of Legacy Investment Solutions Holdings, LLC
- Hunt Jefferson West · Chief Compliance Officersince 12/2023 · owns less than 5%
Entity owners
- Legacy Investment Solutions Holdings, LLC · Ownerdirect · owns 75% or more
- Legacy Wealth Advisors, LLC · Ownerdirect · owns less than 5%
- Lpm Insurance & Agency, LLC · Ownerdirect · owns less than 5%
Related persons
Schedule D 7.A
- Legacy Peak Insurance Solutions, LLCreal estaten
- Legacy Wealth Management, LLCinvestment advisernRAUM $629M
Advisers that list Ancorato as a related person
- 174767 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Boise, Id · principal | 7 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- wealth to institutional shiftCombination · filing Apr 1, 2026private-client share fell 15 points or more while institutional share rose 15 points or more. RAUM $240,286,719 to $283,664,860, advisors 8 to 5, private clients 2337 to 0, offices 0 to 0 (2025-03-31 to 2026-04-01)peers: asset managers, $100M to $500M (1,567)
- client count collapseChange between filings · filing Apr 1, 2026individual and HNW clients (Item 5.D) moved from 2,337.0 to 0.0 (-100.0%) between the annual amendments of 2025-03-31 and 2026-04-01; the peer median change was -63.0% (4 comparable advisers, 0.0th percentile of changes)peers: asset managers, $100M to $500M (4) · 0.0% percentile
- client mix shiftChange between filings · filing Apr 1, 2026private-client share of RAUM moved from 97.0% to 0.0% between the annual amendments of 2025-03-31 and 2026-04-01peers: asset managers, $100M to $500M (1,567)
- HNW share shiftChange between filings · filing Apr 1, 2026HNW share of RAUM moved from 31.0% to 0.0% between the annual amendments of 2025-03-31 and 2026-04-01peers: asset managers, $100M to $500M (1,567)
- institutional asset share shiftChange between filings · filing Apr 1, 2026institutional share of RAUM moved from 3.0% to 98.0% between the annual amendments of 2025-03-31 and 2026-04-01peers: asset managers, $100M to $500M (1,567)
What changed
consecutive filings, newest first
- Accounts · 3,664 to 3,723Mar 31, 2025 to Mar 30, 2026
- Corporate clients · 0 to 1Mar 31, 2025 to Mar 30, 2026
- HNW clients · 40 to 0Mar 31, 2025 to Mar 30, 2026
- Individual clients · 2,297 to 0Mar 31, 2025 to Mar 30, 2026
- Pension plan clients · 30 to 0Mar 31, 2025 to Mar 30, 2026
- Employees · 15 to 18Mar 31, 2025 to Mar 30, 2026
- HQ city · MERIDIAN to BOISEMar 31, 2025 to Mar 30, 2026
- State-registered IARs · 8 to 5Mar 31, 2025 to Mar 30, 2026
- Discretionary RAUM · $240M to $277MMar 31, 2025 to Mar 30, 2026
- HNW RAUM · $73.5M to $0Mar 31, 2025 to Mar 30, 2026
- Individual RAUM · $159M to $0Mar 31, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $0 to $6.5MMar 31, 2025 to Mar 30, 2026
- Pension RAUM · $7.8M to $0Mar 31, 2025 to Mar 30, 2026
- RAUM · $240M to $284MMar 31, 2025 to Mar 30, 2026
- Related insurance company · false to trueMar 31, 2025 to Mar 30, 2026
- Accounts · 1,022 to 3,664Mar 29, 2024 to Mar 31, 2025
- HNW clients · 29 to 40Mar 29, 2024 to Mar 31, 2025
- Individual clients · 962 to 2,297Mar 29, 2024 to Mar 31, 2025
- Pension plan clients · 31 to 30Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · unset to 0Mar 29, 2024 to Mar 31, 2025
- State-registered IARs · 6 to 8Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $171M to $240MMar 29, 2024 to Mar 31, 2025
- HNW RAUM · $59.1M to $73.5MMar 29, 2024 to Mar 31, 2025
- Individual RAUM · $109M to $159MMar 29, 2024 to Mar 31, 2025
- Pension RAUM · $2.6M to $7.8MMar 29, 2024 to Mar 31, 2025
- RAUM · $171M to $240MMar 29, 2024 to Mar 31, 2025
- Accounts · 0 to 1,022Mar 16, 2024 to Mar 29, 2024
- Advisory employees · 4 to 6Mar 16, 2024 to Mar 29, 2024
- Advisory activities · 3 to 4Mar 16, 2024 to Mar 29, 2024
- Business name · LEGACY INVESTMENT SOLUTIONS, LLC to ANCORATOMar 16, 2024 to Mar 29, 2024
- Charity clients · unset to 0.0Mar 16, 2024 to Mar 29, 2024
- Corporate clients · unset to 0.0Mar 16, 2024 to Mar 29, 2024
- HNW clients · unset to 29.0Mar 16, 2024 to Mar 29, 2024
- Individual clients · unset to 962.0Mar 16, 2024 to Mar 29, 2024
- Pension plan clients · unset to 31.0Mar 16, 2024 to Mar 29, 2024
- Pooled vehicle clients · unset to 0.0Mar 16, 2024 to Mar 29, 2024
- Employees · 10 to 15Mar 16, 2024 to Mar 29, 2024
- State-registered IARs · 5 to 6Mar 16, 2024 to Mar 29, 2024
- Discretionary RAUM · $0 to $171MMar 16, 2024 to Mar 29, 2024
- HNW RAUM · unset to 59137401.0Mar 16, 2024 to Mar 29, 2024
Signals
6 dated events
- R. Sean Martin (Chief Compliance Officer, Chief Operations Officer) no longer on Schedule A of Ancorato (listed 2023-11-17, absent 2024-01-08)Jan 8, 2024 · Control person left · inference
- R. Sean Martin (Chief Compliance Officer, Chief Operations Officer) appeared on Schedule A of AncoratoNov 17, 2023 · Control person joined · fact
- Cory Benjamin Lee (Chief Compliance Officer) no longer on Schedule A of Ancorato (listed 2023-10-30, absent 2023-11-17)Nov 17, 2023 · Control person left · inference
- Marie Julie Rad (Trustee) no longer on Schedule A of Ancorato (listed 2023-03-29, absent 2023-10-30)Oct 30, 2023 · Control person left · inference
- Ann Lisa Covino (Trustee) no longer on Schedule A of Ancorato (listed 2023-03-29, absent 2023-10-30)Oct 30, 2023 · Control person left · inference
- Legacy Capital Management, Llc filed its initial SEC registration (Form ADV)Sep 19, 2022 · 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
- Firm profile
- linkedin.com/company/ancorato-capitalreportedpublic record, Form ADV, Sep 17, 2026
- Website
- ancoratocapital.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 208-925-0006reportedpublic record, Form ADV, Aug 21, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $35.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026