Legacy Financial Group, Llc
- Regulatory AUM
- $1.0B
- Discretionary
- $996M
- Clients
- 1,452
- Avg AUM / client
- $694K
- Accounts
- 4,146
- Employees
- 18
AUM over time
Annual snapshots from Form ADV filings · as of May 18, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,136 | $312M | 31.0% |
| High net worth individuals | 314 | $686M | 68.1% |
| Corporations and other businesses | 2 | $9.3M | 0.92% |
People (10)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brian Joseph Hood | Part Owner | CFP | Sep 2010 (16y) | ≈ 18.75% – 50% via Spectrum Wealth Advisors, Inc. |
| William Bemis Elson | Part Owner | CFP | Jul 2016 (10y) | ≈ 18.75% – 50% via Spectrum Wealth Advisors, Inc. |
| Chad Wesley Terry | Chief Executive Officer And Chief Compliance Officer | CFP | Jan 2021 (6y) | Less than 5% |
| Scott R Arnburg | Registered representative | Mar 2012 (14y) | ||
| Rachel Elaine Wood | Registered representative | Jul 2016 (10y) | ||
| Scott Andrew Nelson | Registered representative | Sep 2017 (9y) | ||
| Tamara Lynn Smith | Registered representative | Dec 2018 (8y) | ||
| Nicholas William Hemsted | Registered representative | Feb 2023 (3y) | ||
| Anthony Gensler | Registered representative | Dec 2023 (3y) | ||
| Erik Blase | Registered representative | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Spectrum Wealth Advisors, Inc. | Holding Company | Jan 2017 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Brian Joseph Hood: 25% – 50% of Spectrum Wealth Advisors, Inc. × 75% – 100% direct ≈ 18.75% – 50% of the firm
- William Bemis Elson: 25% – 50% of Spectrum Wealth Advisors, Inc. × 75% – 100% direct ≈ 18.75% – 50% 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)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/18/2026 | 1.03 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
- • Hourly charges
- • Other fees
- • FINANCIAL EDUCATION PROGRAM FEES
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
- • Educational seminars/workshops
Custody
Reported custodians
- Charles Schwab & Co. $999M (99% of AUM) May 2026
- Nationwide Securities, Llc $7.4M (1% of AUM) Dec 2024
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 18, 2026.
View current Form ADV (SEC/IAPD) ↗