Nicholas Hemsted
Nicholas Hemsted is a registered investment advisor at Legacy Financial Group, based in Des Moines, IA, with 3 years of industry experience. Nicholas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Divorce Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 1,473 clients with $840M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Legacy Financial Group's standard advisory fee for investment management ranges from 0.70% to 1.2% per year, depending on the size of the account, prospective growth, complexity, and other factors. Fees are billed quarterly, in advance, based on the daily average balance of the assets of the previous quarter. All fees are negotiable. Cash positions are included as part of assets under management for fee calculation purposes.
Location
6000 Grand Avenue, Suite B, Des Moines, IA, 50312
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Nicholas is a licensed life and health insurance agent in Iowa since November 2022, appointed with various insurance carriers to provide insurance and fixed annuity products. He spends a few hours per week on this activity during securities hours.
Employment History
Current Registrations
Legacy Financial Group
State Registrations3 states
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