Legacy Planning Partners, which was founded in Allentown in 1999 and now has offices in Plymouth Meeting and West Chester, has joined the Commonwealth Financial Network.
CEO and founder, Jan Graybill, said the firm is the largest privately held registered investment adviser for independent broker/dealers in the nation.
Legacy was previously affiliated with Securian Financial Services Inc.
Graybill said Commonwealth Financial services a financial adviser’s back office broker dealer on all securities and transactions.
Graybill said Commonwealth was a better fit for the direction he and his partners wanted to take Legacy in.
“Technology is changing the way people interact with advisers and how they obtain information,” Graybill said.
He said Commonwealth can provide them the technology and back office services they need to best address the needs of the modern client.
He said the partners also want to grow Legacy both in the number of clients they serve and in the number of advisers at the firm.
The company currently has 18 advisers and 20 staffers who serve 10,000 individual clients and 70 companies with 5,000 employees.
Legacy Planning Partners manages assets of $1 billion between its three offices.