Legacy Wealth Management Group Inc

Fees and Compensation
The following types of fees will be assessed:
Asset Management – Fees are charged quarterly in advance and are based primarily on asset size and the
level of complexity of the services provided. In individual cases, LWMG has the sole discretion to negotiate
fees that are lower than the standard fee shown or to waive fees. Fees are not based on the share of capital
gains or capital appreciation of the funds or any portion of the funds. Comparable services for lower fees
may be available from other sources. Fees for the initial quarter will be prorated based upon the number of

calendar days in the calendar quarter that the advisory agreement is in effect. Fees are based on the market
value of the assets on the last business day of the previous quarter. Annual fees range from 1.25% - 2.00%,
depending on the amount of assets under management (“AUM”) – See chart below. Consulting services are
included in these fees for asset management services with the exception of unique circumstances that may
require a separate agreement for financial planning services (description and fees are discussed below). If
the situation warrants separate financial planning fees, it will be discussed upfront and a separate agreement
will be negotiated.
Fee Schedule for Asset Management:
    Total Account Value                                  Maximum Annual Advisory Fee
     First $1,000,000                                              2.00%
     Next $2,000,000                                               1.75%
     Next $2,000,000                                               1.50%
     Over $5,000,000                                               1.25%
As authorized in the client agreement, the account custodian withdraws Legacy Wealth Management Group,
Inc.’s advisory fees directly from the clients’ accounts according to the custodian’s policies, practices, and
procedures. The custodial statement includes the amount of any fees paid to LWMG for advisory services.
You should carefully review the statement from your custodian/broker-dealer’s statement and verify the
calculation of fees. Your custodian/broker-dealer does not verify the accuracy of fee calculations.
Fees are charged in advance on a quarterly basis, meaning that advisory fees for a quarter are charged on the
first day of the quarter. Clients may terminate investment advisory services obtained from LWMG, without
penalty, upon written notice within five (5) business days after entering into the advisory agreement with
LWMG. The client is responsible for any fees and charges incurred by the client from third parties as a result
of maintaining the account such as transaction fees for any securities transactions executed and account
maintenance or custodial fees. Thereafter, the client may terminate advisory services upon written notice
delivered to and received by LWMG. Clients who terminate investment advisory services during a quarter are
charged a prorated advisory fee based on the date of LWMG’s receipt of client’s written notice to terminate.
Any earned but unpaid fees are immediately due and payable, and any prepaid and unearned fees will be
immediately refunded.
Financial Planning – Financial planning services are charged in arrears through an hourly arrangement as
agreed upon between the client and Legacy Wealth Management Group, Inc. There will never be an instance
where $1,200 or more in fees is charged six or more months in advance. Fees are negotiable and vary
depending upon the complexity of the client situation and services to be provided. Hourly fees range from
$125 - $350 per hour, depending on what is negotiated between LWMG and the client. Similar financial
planning services may be available elsewhere for a lower cost to the client. An estimate for total hours and
charges is determined at the start of the advisory relationship.
Clients who wish to terminate the planning process prior to completion may do so with written notice. The
client may obtain a refund of a pre-paid fee if the advisory contract is terminated before the end of the
billing period by contacting Jake Dawson at (434) 266-1214. Upon receipt of written notification, any earned
fee will immediately become due and payable, and any prepaid and unearned fees will be immediately
refunded. A client may terminate an advisory agreement without being assessed any fees or expenses within
five (5) days of its signing.
ADDITIONAL FEES AND EXPENSES
In addition to advisory fees paid to LWMG as explained above, clients may pay custodial service, account
maintenance, transaction, and other fees associated with maintaining the account. These fees vary by broker
and/or custodian. Clients should ask LWMG for details on transaction fees or other custodial fees specific to
their account, as these fees are not included in the annual advisory fee. LWMG does not share any portion of

such fees. Additionally, for any mutual funds purchased, the client may pay their proportionate share of the
funds’ distribution, internal management, investment advisory and administrative fees. Such fees are not
shared with LWMG and are compensation to the fund manager. Clients are urged to read the mutual fund
prospectus prior to investing.
Clients may also pay a closing fee to LWMG in the event of closing accounts. This fee is $125 and may be
negotiable between the client and LWMG.
Mutual fund companies impose internal fees and expenses on clients. These fees are in addition to the costs
associated with the investment advisory services as described above. Complete details of such internal
expenses are specified and disclosed in each mutual fund company’s prospectus. Clients are strongly advised
to review the prospectus(es) prior to investing in such securities.
Legacy will select, recommend and/or retain mutual funds on a fund-by-fund basis. Due to specific custodial
and/or mutual fund company constraints, material tax considerations, and/or systematic investment plans,
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Types of Clients
LWMG offers investment advisory services to individuals and high net worth individuals. There is no
minimum account size to open and maintain an advisory account.

Form ADV, Part 2A, Item 8
                  Methods of Analysis, Investment Strategies, and Risk of Loss
LWMG’s methods of analysis and investment strategies incorporate the client’s needs and investment
objectives, time horizon, and risk tolerance. LWMG is not bound to a specific investment strategy for the
management of investment portfolios, but rather consider the risk tolerance levels pre-determined gathered
at the account opening, as well as on an on-going basis. Examples of methodologies that our investment
strategies may incorporate include:
Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix of asset
classes and the efficient allocation of capital to those assets by matching rates of return to a specified and
quantifiable tolerance for risk.
Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount of securities at
regularly scheduled intervals, regardless of the price per share. This will gradually, over time, decrease the
average share price of the security. Dollar-cost averaging lessens the risk of investing a large amount in a
single investment at the wrong time.
Technical Analysis – involves studying past price patterns and trends in the financial markets to predict the
direction of both the overall market and specific stocks.
Long-Term Purchases – securities purchased with the expectation that the value of those securities will grow
over a relatively long period of time, generally greater than one year.
Short-Term Purchases – securities purchased with the expectation that they will be sold within a relatively
short period of time, generally less than one year, to take advantage of the securities’ short term price
fluctuations.
Our strategies and investments may have unique and significant tax implications. Regardless of your account
size or other factors, we strongly recommend that you continuously consult with a tax professional prior to
and throughout the investing of your assets.
Investing in securities involves risk of loss that clients should be prepared to bear. Although we manage your
portfolio with strategies and in a manner consistent with your risk tolerances, there can be no guarantee that
our efforts will be successful. You should be prepared to bear the risk of loss.
All investments involve the risk of loss, including (among other things) loss of principal, a reduction in
earnings (including interest, dividends, and other distributions), and the loss of future earnings. These risks
include market risk, interest rate risk, issuer risk, and general economic risk. Regardless of the methods of
analysis or strategies suggested for your particular investment goals, you should carefully consider these
risks, as they all bear risks.
LWMG’s primary goal for investing is to help the client maintain purchasing power over the long term. This
may result in short term variability and loss of principal. Time horizon and risk tolerance are key
determinates of the proper asset allocation. LWMG’s approach focuses on taking appropriate risks for which
clients are compensated (i.e. market risk) and seeking to limit or eliminate risks that do not provide
compensation over the long term (i.e. individual stock risk or lack of portfolio risk).
Below are some more specific risks of investing:
Market Risk - The prices of securities in which clients invest may decline in response to certain events taking
place around the world, including those directly involving the companies whose securities are owned by the
client or an underlying fund; conditions affecting the general economy; overall market changes; local,
regional or global political, social or economic instability; and currency, interest rate and commodity price
fluctuations. Investors should have a long-term perspective and be able to tolerate potentially sharp declines
in market value.

Management Risk - LWMG’s investment approach may fail to produce the intended results. If our perception
of the performance of a specific asset class or underlying fund is not realized in the expected time frame, the
overall performance of client’s portfolio may suffer.
Equity Risk - Equity securities tend to be more volatile than other investment choices. The value of an
individual mutual fund or ETF can be more volatile than the market as a whole. This volatility affects the
value of the client’s overall portfolio. Small- and mid-cap companies are subject to additional risks. Smaller
companies may experience greater volatility, higher failure rates, more limited markets, product lines,
financial resources, and less management experience than larger companies. Smaller companies may also
have a lower trading volume, which may disproportionately affect their market price, tending to make them
fall more in response to selling pressure than is the case with larger companies.
Fixed Income Risk - The issuer of a fixed income security may not be able to make interest and principal
payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer
will default on its obligation. If a rating agency gives a debt security a lower rating, the value of the debt
security will decline because investors will demand a higher rate of return. As nominal interest rates rise, the
value of fixed income securities is likely to decrease. A nominal interest rate is the sum of a real interest rate
and an expected inflation rate.
Municipal Securities Risk - The value of municipal obligations can fluctuate over time, and may be affected
by adverse political, legislative and tax changes, as well as by financial developments that affect the
municipal issuers. Because many municipal obligations are issued to finance similar projects by municipalities
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