In The News
IN THE NEWS
MEDIA RELATIONS INFORMATION
Legend Financial Advisors, Inc.® (Legend) Takes Great Strides to Cultivate Positive and Long-standing Relationships with the Financial Media.
Legend’s Advisory Team is Always Accessible in Assisting the Financial Media In Order To Better Inform and Educate the General Public. Legend’s Advisory Team is Available to Contribute to Stories on Financial Planning, Investment, as well as Practice Management Issues for the Financial Advisory Industry.
FINANCIAL PLANNING AND INVESTMENT ARTICLE CONTRIBUTIONS
Legend’s Advisors are Available to Contribute to or Write Articles for Online and Print Publications on a Continuous Basis. Subjects and Themes That can be Written About Include, but are Not Limited to:
MEDIA FACT SHEET
Legend Financial Advisors, Inc.® (Legend) is a Fee-OnlyxThe National Association of Personal Financial Advisors (NAPFA) Defines a Fee-Only Financial Advisor as One Who is Compensated Solely by the Client with Neither the Advisor nor any Related Party Receiving Compensation that is Contingent on the Purchase or Sale of a Financial Product. Neither Advisors or their Firms May Receive Commissions, Rebates, Awards, Finder’s Fees, Bonuses or Other Forms of Compensation from Others as a Result of a Client’s Implementation of the Individual’s Planning Recommendations. "Fee-Offset" Arrangements, 12b-1 Fees, Insurance Rebates or Renewals and Wrap Fee Arrangements that are Transaction Based are Examples of Compensation Arrangements that Do Not Meet the NAPFA Definition of Fee-Only Practice.
Source: NAPFA.org1, FiduciaryxThe Department of Labor’s Definition of a Fiduciary Demands that Advisors Act in the Best Interests of their Client, and to Put their Clients’ Interests Above their Own. It Leaves No Room for Advisors to Conceal any Potential Conflict of Interest, and States that all Fees and Commissions Must be Clearly Disclosed in Dollar Form to Clients.
Source: InvestopediaU.S. Securities and Exchange Commission Registered Investment Advisory firm with its Headquarters Located in Pittsburgh, Pennsylvania. Legend Provides Personalized Wealth Management Services which Includes Financial Planning and Investment Management to Individuals and Families, Business Entities, Medical Practices and Non-Profit Organizations as well as Retirement Plans. Legend and its Advisors are FiduciariesxThe Department of Labor’s Definition of a Fiduciary Demands that Advisors Act in the Best Interests of their Client, and to Put their Clients’ Interests Above their Own. It Leaves No Room for Advisors to Conceal any Potential Conflict of Interest, and States that all Fees and Commissions Must be Clearly Disclosed in Dollar Form to Clients.
Expertise and Differentiation
Legend’s Advisory Team Members are Routinely Sought by Professional Associations, the National Media, Industry Vendors, Professional Publications, and Other Advisory Firms to Speak, Write, and/or Provide Counsel Regarding our Industry Leading Client Advisory Practices and Financial Knowledge.
To Schedule an Interview with One of Legend’s Advisors, Please click below:
For More Background Information About Legend Click Here.
Legend’s Fee-Only And Transactions Disclosure:
1Legend Financial Advisors, Inc.® (Legend) is a Fee-Only Advisory Firm. Fee-Only Means Legend Never Receives Any Commissions.
Legend’s Clients Will Not Pay (a) a Transaction Fee (also Known as a Trading Fee or Commission) for Exchange-Traded Funds (ETF’s) and/or Exchange-Traded Notes (ETN’s) as well as Exchange-Traded Equities through Virtually All Custodians that Legend Utilizes. However, Open-End Mutual Fund Trading Fees Are Charged by Custodians.
Legend will Trade Open-End Mutual Funds, Usually an Institutional Share Class, if available, on Behalf of the Client, Through a Few Non-Related Institutional Custodians.
An Institutional Share Class of an Open-End Mutual Fund is Usually the Lowest Cost Share Class with Regard to the Expenses it Charges. Therefore, Legend Utilizes No-Load, Institutional Cost, Share Classes of Open-End Mutual Funds Due to its Desire to Reduce its Clients’ Investment Costs. In Fact, Legend’s Clients Only Pay a Small Transaction Fee for Institutional Mutual Fund Trades to the Custodian (Also Known as a Trading Fee or Commission).
Legend Never Receives any Portion of Such Fees/Commissions.
- Please Note Certain Custodians that Legend May Use to Accommodate Certain Clients May Charge a Very Small Transaction Fee.