AUMdb

Legacies Wealth Llc

SEC-registered Insurance-Affiliated · Small ($100M–$1B) CRD 143138 · SEC file 801-99370 · Minnetonka, MN · www.linkedin.com
☆ Save with Pro ADV data as of May 29, 2026
Regulatory AUM
$505M
Discretionary
$413M
Clients
87
Avg AUM / client
$5.8M
Accounts
298
Employees
5

AUM over time

$94.9M $505M
Sep 27, 2018 May 29, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of May 29, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 32 $8.7M 1.72%
High net worth individuals 52 $489M 96.9%
Charitable organizations 3 $7.2M 1.42%

People (6)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Dougherty, Michael, Emmett Trustee Apr 2014 (12y) ≈ 12.5% – 42.19% via Michael E. Dougherty Revocable Trust Dated March 27, 2006
Todd David Witcraft Chief Executive Officer, Treasurer, Cco Personal Financial Specialist Mar 2018 (8y) 25% – 50%
Dinzeo, Paul, John Member Jan 2023 (4y) GP / trustee / elected manager of 1119 Holdings Llc (indirect)
Jose Asencion Cabrera Registered representative Apr 2022 (4y)
Alex Gregory Wattermann Registered representative Mar 2024 (2y)
John Witcraft Registered representative May 2026 (0y)

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Dougherty Financial Group Llc Member Mar 2012 A 50% – 75%
1119 Holdings Llc Member Jan 2023 A 25% – 50%
Michael E. Dougherty Revocable Trust Dated March 27, 2006 Member Apr 2014 B ≈ 25% – 56.25% via Dougherty Financial Group Llc

Estimated effective ownership (look-through of filed bands):

  • Dougherty, Michael, Emmett: 50% – 75% of Michael E. Dougherty Revocable Trust Dated March 27, 2006 × 50% – 75% of Dougherty Financial Group Llc × 50% – 75% direct ≈ 12.5% – 42.19% of the firm
  • Michael E. Dougherty Revocable Trust Dated March 27, 2006: 50% – 75% of Dougherty Financial Group Llc × 50% – 75% direct ≈ 25% – 56.25% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 05/29/2026 1.04 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Fixed fees
  • Commissions

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Selection of other advisers

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 29, 2026.

View current Form ADV (SEC/IAPD) ↗