The Legacy Group

What The Legacy Group does

The Legacy Group, operating publicly as Oregon Wealth Management (OWM), is a privately held financial advisory firm founded in 1989 and headquartered in West Linn, Oregon, with a secondary office in Salem. The firm provides wealth management and financial consulting services to individuals, families, and small businesses in Oregon, with a stated minimum of $250,000 in investable assets for most engagements. Its core offering is organized around three pillars — Coaching (financial education and emotional management), Convenience (coordination with other professionals and investment monitoring), and Continuity (spousal involvement and multigenerational planning) — delivered through face-to-face advisory engagements rather than a digital platform.

The underlying product surface is advisory rather than technological: long-term portfolio allocation, retirement planning, estate planning, tax optimization, annuity products, and 401(k) advisory, all delivered through a broker-dealer relationship with Osaic Wealth, Inc. (member FINRA/SIPC). The firm supplements its advisory work with a content-driven marketing layer — calculators, newsletters, videos, a tax library, and flipbooks — used to attract and educate prospects. There is no proprietary technology platform, no app, and no disclosed integrations; the operating model is a traditional independent RIA wrapped in a small, content-rich regional brand.

Revenue mechanics follow the standard independent-RIA template: recurring fees on assets under management, supplemented by commissions on annuity and securities products placed through Osaic Wealth. The firm is founder/family operated (Scott Hamersly, Tate Hamersly, Lexi Stangel), privately held, with no institutional capital, no M&A activity, and no disclosed AUM. Distribution is direct, regional, and reliant on local reputation and educational content rather than paid acquisition.

Name

The Legacy Group

Legal name

Oregon Wealth Management

Website

https://thelegacygroup.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

The Legacy Group, doing business as Oregon Wealth Management, is a privately held Oregon-based financial advisory firm serving individuals, families, and small businesses with wealth management, retirement, and estate planning services, operating through a broker-dealer relationship with Osaic Wealth, Inc.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)

akta.pro secondary industry

Estate & Legacy Planning Advisory (FSAEAAAG)

Keywords

• Wealth management services
• Financial advisory
• Retirement planning
• Estate planning
• Investment management

Headquarters

HQ city

Salem

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Distribution channels1 record

Marketing channels3 records

Core offering

The Legacy Group operates Oregon Wealth Management (OWM), a financial advisory firm that provides wealth management, retirement planning, estate planning, and investment management services to individuals, families, and small businesses. The firm combines coaching (financial education, emotional management), convenience (coordination with other professionals, investment monitoring), and continuity (spousal involvement, multigenerational planning) under a fee-based advisory model with a $250,000 minimum investable asset commitment.

Product overview

Oregon Wealth Management is a wealth management firm providing comprehensive financial advisory services through a unified offering. The core service is wealth management coaching combining financial education, investment monitoring, and multigenerational planning. This is supplemented by financial calculators (retirement, RMDs, savings goals), educational newsletters, and access to annuity and 401(k) advisory products through their broker-dealer relationship with Osaic Wealth, Inc. The firm requires a minimum commitment of $250k of investable assets for most client engagements.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Services Comprehensive financial advisory services offering coaching (financial education, emotional management, mistake avoidance), convenience (time savings, professional coordination, personalized service, investment monitoring), and continuity (spousal involvement, multigenerational planning, children's engagement). Targeted at individuals, families, and small business owners with a $250k minimum investable assets requirement.
• Annuity Products

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Osaic Wealth, Inc.coreChannel Partner/ Reseller/ DistributorRegistered representatives offer securities through Osaic Wealth, Inc., member FINRA/SIPC. Financial advisors offer advisory services through Osaic Wealth, Inc. Oregon Wealth Management and Osaic Wealth, Inc. are separate companies. Osaic Wealth, Inc. does not provide tax legal advice, or fixed insurance products.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Fidelity Wealth Management: Diversified incumbent providing wealth management, retirement planning, and advisory services to individuals and small businesses. Overlaps in target segments, retirement focus, and product breadth.
• LPL Financial: Largest U.S. independent broker-dealer serving RIAs and independent advisors with full back-office and product infrastructure. Provides the same kind of platform dependency Oregon Wealth Management has with Osaic.
• Raymond James Financial Services: Full-service wealth manager and broker-dealer offering advisory services through affiliated advisors. Overlaps with Oregon Wealth Management in advisor-led wealth management and access to annuities and 401(k) advisory.
• Charles Schwab Wealth Advisory: Large incumbent offering wealth advisory through dedicated advisors, with strong brand and digital tools. Comparable to Oregon Wealth Management in serving individuals seeking personalized investment guidance at HNW levels.

Direct peers

• Fisher Investments: Fee-based RIA serving individuals and small businesses with discretionary portfolio management. Comparable in offering a high-touch, advisor-led service model targeting HNW clients with portfolio-allocation-oriented advice.
• Mercer Advisors: National RIA focused on HNW and UHNW households with comprehensive wealth planning, tax, and estate services. Comparable in bundling financial planning, investment management, and multigenerational advice under a single advisor relationship.
• Edward Jones: Large U.S. advisor-driven wealth manager focused on mass-affluent and HNW-lite households with a branch-based model. Closely comparable to Oregon Wealth Management in target client profile, personal-service emphasis, and relationship-led delivery.

Others

• Cetera Advisor Networks: Independent broker-dealer and RIA platform supporting independent financial advisors with custody, compliance, and product access. Directly comparable to Osaic Wealth in the platform/host role for Oregon Wealth Management.

Emerging players

• Facet Wealth: Digital-first flat-fee financial planning and investment advisory firm targeting mass-affluent and HNW-lite households. Comparable to Oregon Wealth Management's HNW-lite target but competing via a low-fee, virtual-delivery model.

Regional players

• Northwest Financial Advisors (regional Oregon/Washington RIA): Regional wealth management firm serving the Pacific Northwest with personal financial planning and investment management. Closest direct geographic peer to Oregon Wealth Management in Oregon-based HNW advisory.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Legacy Group