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Team Up with The Legend Group

When it comes to choosing a broker/dealer, you want a seasoned partner who truly understands the business of investment planning. With more than 40 years of industry experience, The Legend Group is uniquely positioned to help you build a successful investment planning practice. Our visionary approach to the investment planning market has led us to pioneer products and services that are now considered industry standards. Furthermore, as a subsidiary of Waddell and Reed, Inc., Legend has access to the resources of one of the most enduring mutual fund and financial planning complexes in the United States.

Backed by Legend's support network, our Advisors can focus on building lasting professional relationships with their clients, as opposed to just selling products. This arrangement facilitates the development of long-term alliances that can be mutually rewarding for both parties.

Legend Advisors enjoy the following benefits:
  Turnkey Asset Management Programs (more)
Since the personal relationship our Advisors develop with their clients is a core component of our business model, Legend created several Turnkey Asset Management Programs (TAMPs) to enable our sales force to concentrate on this key area. TAMPs are fully discretionary investment advisory programs designed to free Advisors from the burden of investment selection and monitoring. Through these programs, investment professionals can offer dynamic, fee-based asset allocation services that are managed by a team of experienced investment analysts.

TAMPs afford expanded opportunities and enable Advisors to add value to their businesses. The programs provide client profiling, research, manager review and selection, asset allocation, trading & rebalancing, ongoing account monitoring and consolidated statements. By utilizing Legend's Turnkey Asset Management Programs, Advisors can increase the efficiency of their practices and devote more time to prospecting and customer service.
  Investment Advisory Services (more)
Legend provides access to professional investment advisory services through Legend Advisory Corporation, a registered investment adviser. Legend Advisory's fee-based asset allocation programs provide high quality, active money management achieved through a disciplined, dynamic investment strategy.

Each service is composed of several portfolios1 with objectives that range from conservative to aggressive. Investment options include mutual funds and variable annuities from a large selection of mutual fund and insurance companies.

The portfolios are diversified2 and managed according to a strict methodology that has been developed during years of rigorous testing. This process seeks to determine an ideal mix of investment types with regard to each portfolio’s objective, as well as current and anticipated global market conditions. The portfolio allocations are monitored regularly and allocated periodically in an attempt to maximize gains and minimize losses. We believe this proactive discipline has the potential to generate greater returns than that of a static investment strategy.

Legend Advisory Corporation utilizes the Asset Allocation Neural Network (AANN)3 to assist in determining the allocations for each portfolio. AANN is a neural network, a form of artificial intelligence that employs mathematical algorithms to simulate human learning behavior.

This sophisticated computer-modeling system can process, store and retrieve vast amounts of market data from numerous sources. By analyzing the data in myriad ways, AANN can draw conclusions regarding potential market opportunities. Legend Advisory’s Investment Committee then examines AANN's output and develops allocation recommendations that reflect the risk tolerance and objectives of each portfolio.

Legend Advisory Corporation’s investment management programs include:
  • Strategic Asset Management® (SAM®) / SAM® Select Portfolios
    SAM® and SAM® Select are dynamic asset allocation services that proactively seek to help investors maintain a balance between risk and return and attempt to offset the effects of market volatility. The portfolios hold a variety of mutual funds4 that have been hand-picked for inclusion by Legend Advisory Corporation’s team of investment professionals.

  • The Freemark ManagedSM Portfolios
    The Freemark Freedom Series® of Portfolios utilizes load-waived mutual fund shares within a single fund family as the basis for creating portfolios that are designed to respond proactively to fluctuating market conditions.

    The Freemark Liberty SeriesSM of Portfolios utilizes mutual funds available through the Charles Schwab OneSource platform, while The Freemark Patriot SeriesSM of Portfolios employs funds from the Pershing platform. These series enable investors to take advantage of a wide selection of no-load, no-transaction fee mutual funds from many different fund families.

    The Freemark Victory SeriesSM of Portfolios utilizes a selection of several prominent no-load, low cost variable annuity products.

  • The neuralvision® Portfolios
    The neuralvision® Portfolios are designed to provide retirement plan participants with a turnkey money management solution as they build—and later access—their retirement savings. Contributions may be made via payroll deductions.

  • The Investor AdvantageSM Advisory Account is a non-discretionary account that is managed in accordance with the subscriber's investment objectives and risk tolerance.
    A Mutual Fund Recommendation List containing funds from the Pershing platform categorized by asset class is distributed to subscribers on a quarterly basis.

  • The Managed Income Portfolio is designed to offer retirees a comprehensive and flexible solution for investing and distributing their assets.


1The Managed Income Portfolio is composed of a single portfolio option.
2Diversification does not assure a profit or protect against market loss.
3There is no guarantee that the recommendations made by AANN will be accurate.
AANN does not, in and of itself, make any investment decisions.
4Fixed and variable annuity options are available as well.


For more information on fees and charges please contact Legend Advisory Corporation.
Pershing LLC and Charles Schwab & Co, Inc are not affiliated with The Legend Group or any of its affiliates.
  The Legend Advisor Retirement Plan (more)
Unique to the industry, the Legend Advisor Retirement Plan provides a retirement, disability and death benefit that can help Legend Advisors to ensure a lifetime of financial security for their families and themselves. With this proven succession plan, Advisors have the opportunity to earn ongoing commission and fee income when they retire, based on accumulated assets under management. This income stream is designed to continue for life for Advisors and their spouses, or for 20 years to another beneficiary. The Legend Advisor Retirement Plan can help you build a business you can truly call your own, enabling you to reap the rewards of your hard work even after you retire.
  Low Cost E&O Insurance (more)
As a Legend Advisor, you are automatically covered by Errors and Omissions insurance provided through one of the best carriers in the industry. This low-cost coverage is critical as claims can be common in today’s litigious society.

Highlights:
  • Premium = $36/month
  • Advisors are insured up to $1 million per claim; $12 million aggregate
  • Coverage is on a "claims made" basis, protecting Advisors against claims made during the policy period.
  • Coverage applies to all securities, annuities and insurance products approved for sale by Legend Equities Corporation.
  • Investment advisory activities performed as a solicitor for Legend’s registered investment adviser are covered.

We are pleased to introduce you to The Legend Group, and to offer our support as you build a successful and rewarding financial services practice. If you are interested in learning more about the benefits of working with Legend, complete our Prospective Advisor Survey or contact a Legend Regional Vice President in your area.