Legacy Wealth Management Group, Inc.

Form ADV, Part 2A, Item 1 Cover Page FORM ADV, PART 2A: Firm Disclosure Brochure Version Date: March 20, 2026 1971 English Tavern Road Lynchburg, Virginia 24501 (434) 266-1214 This brochure outlines the qualifications and business practices of Legacy Wealth Management Group, Inc. If you have any questions, feel free to email us at clientsupport@legacywealthadvisor.org or contact us at (434) 266-1214. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about Legacy Wealth Management Group, Inc. is also available on the SEC’s website at www.adviserinfo.sec.gov. The searchable IARD/CRD number for Legacy Wealth Management Group, Inc. is 322235. Legacy Wealth Management Group, Inc. is a Registered Investment Adviser. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. 1  Form ADV, Part 2A, Item 2 Material Changes The Material Changes section of this brochure will be updated annually or when material changes occur since the previous release of the Firm Brochure. Each year, for the annual amendment and when there are material changes, we will ensure that you receive a summary of any material changes. We will further provide you with our most recent brochure at any time at your request, without charge. You may request a brochure by emailing us at clientsupport@legacywealthadvisor.org or by contacting us at (434) 266-1214. NOTE: We may perform routine checks for grammar, punctuation, appearance, clarity, etc., and make necessary updates. These types of changes would not be considered a material change. MATERIAL CHANGES SINCE THE LAST UPDATE No material changes have been made since the June 12, 2025 version. This update consists solely of grammatical, punctuational, and stylistic improvements intended to enhance clarity and appearance. Form ADV, Part 2A, Item 3 Table of Contents Cover Page .................................................................................................................................................................... 1 Material Changes .......................................................................................................................................................... 2 Table of Contents .......................................................................................................................................................... 2 Advisory Business ......................................................................................................................................................... 3 Fees and Compensation................................................................................................................................................ 4 Performance-Based Fees and Side-By-Side Management ............................................................................................ 6 Types of Clients ............................................................................................................................................................. 6 Methods of Analysis, Investment Strategies, and Risk of Loss ...................................................................................... 7 Disciplinary Information ................................................................................................................................................ 8 Other Financial Industry Activities and Affiliations ....................................................................................................... 9 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading ............................................... 10 Brokerage Practices ..................................................................................................................................................... 10 Review of Accounts ..................................................................................................................................................... 11 Client Referrals and Other Compensation .................................................................................................................. 12 Custody ....................................................................................................................................................................... 12 Investment Discretion ................................................................................................................................................. 12 Voting Client Securities ............................................................................................................................................... 12 Financial Information .................................................................................................................................................. 13 Requirements for State-Registered Advisers .............................................................................................................. 13 2  Form ADV Part 2A, Item 4 Advisory Business FIRM DESCRIPTION Legacy Wealth Management Group, Inc. (hereinafter referred to as "LWMG") is a Registered Investment Adviser based in Lynchburg, Virginia, and incorporated under the laws of the State of Virginia. LWMG is owned by Ronald Jacob (Jake) Dawson and Joshua D. Stamm. LWMG is registered with the SEC and subject to the rules and regulations of the US Advisers Act. LWMG’s core competencies include providing discretionary investment management services, along with comprehensive financial planning and consulting services. Further details on these services are outlined below. PRINCIPAL OWNERS Ronald Jacob (Jake) Dawson and Joshua D. Stamm are majority stockholders of LWMG, and Branden Bosch is a minority stockholder. TYPES OF ADVISORY SERVICES INVESTMENT MANAGEMENT SERVICES LWMG provides investment advisory services, which may include, but are not limited to, the review of client investment objectives and goals, recommending asset allocation strategies of managed assets among investment products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written investment strategies. Our investment advice is tailored to meet our clients’ needs and investment objectives. Clients may impose restrictions on investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.) by providing a signed and dated written notification, of which an e-mail is also an acceptable form of notification. LWMG provides investment advisory and other financial services through its Investment Advisory Representatives ("IAR") to accounts opened with LWMG. Managed Accounts are available to individuals and high net worth individuals. LWMG provides discretionary investment advisory services to some of its clients through various managed account programs. LWMG will assist clients in determining the suitability of the Managed Account Programs for the client. The IAR is compensated through a comprehensive single fee and the account may be assessed other charges associated with conducting a brokerage business. LWMG and its IAR, as appropriate, will be responsible for the following: • Performing due diligence • Recommending strategic asset and style allocations • Providing research on investment product options, as needed • Providing client risk profile questionnaire • Obtaining investment advisory contract from client with required financial, risk tdsssssolerance, suitability and investment vehicle selection information for each new account • Performing client suitability check on account documentation, review the investment objectives and evaluate the investment vehicle selections • Providing Firm Brochure (this document) LWMG may recommend a Wrap Fee Program for the client’s account(s). A “wrap fee program” for purposes of the SEC is a program under which investment advisory and brokerage execution services are provided for a single “wrapped” fee that is not based on the transactions in a client account. Clients with Wrap Fee Program accounts will be provided with LWMG’s Wrap Fee Brochure. 3  As of December 31, 2025, the firm manages $289,830,000 discretionary client assets and $0 non- discretionary client assets. Financial Planning Services LWMG believes that there are benefits to a client working with a financial advisor to develop a financial program and thus encourage clients to discuss the potential benefits of designing a financial plan with their IAR. LWMG offers financial planning services that can address everything from your current financial situation to your long-term financial goals and objectives. Financial plans can be either comprehensive or issue specific. A financial plan can include, but is not limited to, areas of: • Risk assessment/management; • Investment Planning; • Estate Planning; • Financial Organization; or • Financial Decision making/negotiation Consulting Services In addition to a financial plan or on-going financial planning services, LWMG also provides consulting services for clients who need advice on a limited scope of work. Together with the IAR, it is determined how much time is required to complete the requested consultations and decide whether the services are billed on an hourly or fixed-fee basis. Fees for consulting services are negotiable based upon the complexity of your situation and the actual services requested. Clients can also receive professional advice on a more limited basis. This may include advice only on isolated areas of concern such as estate planning, retirement planning, or any other specific topic. IARs provide specific consultation services regarding a client’s current or projected financial position or other investment and financial concerns that client may have. Recommendations may be of a generic nature or tailored to specific securities, as outlined in the agreement signed by the client prior to accepting the consulting engagement. Some IARs can also provide consulting services towards clients initiating 1031 exchanges of real property and seeking advice towards re-investment of assets received from the exchange. IARs will provide recommendations regarding the reinvestment of assets into Delaware Statutory Trusts (DST) or any real property instrument. Although IARs may assist clients with the preparation of direct application purchase, LWMG does not facilitate the exchange or purchase of such properties or any investment. Clients may or may not choose to accept the recommendations made by IARs. Please note that none of the aforementioned services include legal or tax advice. You are urged to work closely with your attorney, accountant, or other professionals regarding your financial and personal situation. Form ADV, Part 2A, Item 5 Fees and Compensation The following types of fees will be assessed: Asset Management – Fees are charged quarterly in advance and are based primarily on asset size and the level of complexity of the services provided. In individual cases, LWMG has the sole discretion to negotiate fees that are lower than the standard fee shown or to waive fees. Fees are not based on the share of capital gains or capital appreciation of the funds or any portion of the funds. Comparable services for lower fees may be available from other sources. Fees for the initial quarter will be prorated based upon the number of 4  calendar days in the calendar quarter that the advisory agreement is in effect. Fees are based on the market value of the assets on the last business day of the previous quarter. Annual fees range from 1.25% - 2.00%, depending on the amount of assets under management (“AUM”) – See chart below. Consulting services are included in these fees for asset management services with the exception of unique circumstances that may require a separate agreement for financial planning services (description and fees are discussed below). If the situation warrants separate financial planning fees, it will be discussed upfront and a separate agreement will be negotiated. Fee Schedule for Asset Management: Total Account Value First $1,000,000 Next $2,000,000 Next $2,000,000 Over $5,000,000 Maximum Annual Advisory Fee 2.00% 1.75% 1.50% 1.25% As authorized in the client agreement, the account custodian withdraws Legacy Wealth Management Group, Inc.’s advisory fees directly from the clients’ accounts according to the custodian’s policies, practices, and procedures. The custodial statement includes the amount of any fees paid to LWMG for advisory services. You should carefully review the statement from your custodian/broker-dealer’s statement and verify the calculation of fees. Your custodian/broker-dealer does not verify the accuracy of fee calculations. Fees are charged in advance on a quarterly basis, meaning that advisory fees for a quarter are charged on the first day of the quarter. Clients may terminate investment advisory services obtained from LWMG, without penalty, upon written notice within five (5) business days after entering into the advisory agreement with LWMG. The client is responsible for any fees and charges incurred by the client from third parties as a result of maintaining the account such as transaction fees for any securities transactions executed and account maintenance or custodial fees. Thereafter, the client may terminate advisory services upon written notice delivered to and received by LWMG. Clients who terminate investment advisory services during a quarter are charged a prorated advisory fee based on the date of LWMG’s receipt of client’s written notice to terminate. Any earned but unpaid fees are immediately due and payable, and any prepaid and unearned fees will be immediately refunded. Financial Planning – Financial planning services are charged in arrears through an hourly arrangement as agreed upon between the client and Legacy Wealth Management Group, Inc. There will never be an instance where $1,200 or more in fees is charged six or more months in advance. Fees are negotiable and vary depending upon the complexity of the client situation and services to be provided. Hourly fees range from $125 - $350 per hour, depending on what is negotiated between LWMG and the client. Similar financial planning services may be available elsewhere for a lower cost to the client. An estimate for total hours and charges is determined at the start of the advisory relationship. Clients who wish to terminate the planning process prior to completion may do so with written notice. The client may obtain a refund of a pre-paid fee if the advisory contract is terminated before the end of the billing period by contacting Jake Dawson at (434) 266-1214. Upon receipt of written notification, any earned fee will immediately become due and payable, and any prepaid and unearned fees will be immediately refunded. A client may terminate an advisory agreement without being assessed any fees or expenses within five (5) days of its signing. ADDITIONAL FEES AND EXPENSES In addition to advisory fees paid to LWMG as explained above, clients may pay custodial service, account maintenance, transaction, and other fees associated with maintaining the account. These fees vary by broker and/or custodian. Clients should ask LWMG for details on transaction fees or other custodial fees specific to their account, as these fees are not included in the annual advisory fee. LWMG does not share any portion of 5  such fees. Additionally, for any mutual funds purchased, the client may pay their proportionate share of the funds’ distribution, internal management, investment advisory and administrative fees. Such fees are not shared with LWMG and are compensation to the fund manager. Clients are urged to read the mutual fund prospectus prior to investing. Clients may also pay a closing fee to LWMG in the event of closing accounts. This fee is $125 and may be negotiable between the client and LWMG. Mutual fund companies impose internal fees and expenses on clients. These fees are in addition to the costs associated with the investment advisory services as described above. Complete details of such internal expenses are specified and disclosed in each mutual fund company’s prospectus. Clients are strongly advised to review the prospectus(es) prior to investing in such securities. Legacy will select, recommend and/or retain mutual funds on a fund-by-fund basis. Due to specific custodial and/or mutual fund company constraints, material tax considerations, and/or systematic investment plans, Legacy will select, recommend and/or retain a mutual fund share class that does not have trading costs, but does have higher internal expense ratios than institutional share classes. Legacy will seek to select the lowest cost share class available to it that is in the best interest of each client, and Legacy will ensure the selection aligns with the client’s financial objectives and stated investment guidelines. Mutual funds purchased or sold in broker-dealer accounts may generate transaction fees that would not exist if the purchase or sale were made directly with the mutual fund company. Mutual funds held in broker-dealer accounts also charge management fees. These mutual fund management fees may be more or less than the mutual fund management fees charged if the client held the mutual fund directly with the mutual fund company. Clients may purchase shares of mutual funds directly from the mutual fund issuer, its principal underwriter, or a distributor without purchasing the services of LWMG or paying the advisory fee on such shares (but subject to any applicable sales charges). Certain mutual funds are offered to the public without a sales charge. In the case of mutual funds offered with a sales charge, the prevailing sales charge (as described in the mutual fund prospectus) may be more or less than the applicable advisory fee. However, clients would not receive LWMG’s assistance in developing an investment strategy, selecting securities, monitoring performance of the account, and making changes as necessary. Please refer to Item 12 “Brokerage Practices” of this brochure for additional information. Form ADV, Part 2A, Item 6 Performance-Based Fees and Side-By-Side Management Legacy Wealth Management Group, Inc. does not charge performance-based fees or participate in side-by- side management. Side-by-side management refers to the practice of managing accounts that are charged performance-based fees while at the same time managing accounts that are not charged performance-based fees. Performance-based fees are fees that are based on a share of capital gains or appreciation of the assets of a client. Our fees are calculated as described in Fees and Compensation section above and are not charged on the basis of performance of your advisory account. Form ADV, Part 2A, Item 7 Types of Clients LWMG offers investment advisory services to individuals and high net worth individuals. There is no minimum account size to open and maintain an advisory account. 6  Form ADV, Part 2A, Item 8 Methods of Analysis, Investment Strategies, and Risk of Loss LWMG’s methods of analysis and investment strategies incorporate the client’s needs and investment objectives, time horizon, and risk tolerance. LWMG is not bound to a specific investment strategy for the management of investment portfolios, but rather consider the risk tolerance levels pre-determined gathered at the account opening, as well as on an on-going basis. Examples of methodologies that our investment strategies may incorporate include: Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix of asset classes and the efficient allocation of capital to those assets by matching rates of return to a specified and quantifiable tolerance for risk. Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount of securities at regularly scheduled intervals, regardless of the price per share. This will gradually, over time, decrease the average share price of the security. Dollar-cost averaging lessens the risk of investing a large amount in a single investment at the wrong time. Technical Analysis – involves studying past price patterns and trends in the financial markets to predict the direction of both the overall market and specific stocks. Long-Term Purchases – securities purchased with the expectation that the value of those securities will grow over a relatively long period of time, generally greater than one year. Short-Term Purchases – securities purchased with the expectation that they will be sold within a relatively short period of time, generally less than one year, to take advantage of the securities’ short term price fluctuations. Our strategies and investments may have unique and significant tax implications. Regardless of your account size or other factors, we strongly recommend that you continuously consult with a tax professional prior to and throughout the investing of your assets. Investing in securities involves risk of loss that clients should be prepared to bear. Although we manage your portfolio with strategies and in a manner consistent with your risk tolerances, there can be no guarantee that our efforts will be successful. You should be prepared to bear the risk of loss. All investments involve the risk of loss, including (among other things) loss of principal, a reduction in earnings (including interest, dividends, and other distributions), and the loss of future earnings. These risks include market risk, interest rate risk, issuer risk, and general economic risk. Regardless of the methods of analysis or strategies suggested for your particular investment goals, you should carefully consider these risks, as they all bear risks. LWMG’s primary goal for investing is to help the client maintain purchasing power over the long term. This may result in short term variability and loss of principal. Time horizon and risk tolerance are key determinates of the proper asset allocation. LWMG’s approach focuses on taking appropriate risks for which clients are compensated (i.e. market risk) and seeking to limit or eliminate risks that do not provide compensation over the long term (i.e. individual stock risk or lack of portfolio risk). Below are some more specific risks of investing: Market Risk - The prices of securities in which clients invest may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by the client or an underlying fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. Investors should have a long-term perspective and be able to tolerate potentially sharp declines in market value. 7  Management Risk - LWMG’s investment approach may fail to produce the intended results. If our perception of the performance of a specific asset class or underlying fund is not realized in the expected time frame, the overall performance of client’s portfolio may suffer. Equity Risk - Equity securities tend to be more volatile than other investment choices. The value of an individual mutual fund or ETF can be more volatile than the market as a whole. This volatility affects the value of the client’s overall portfolio. Small- and mid-cap companies are subject to additional risks. Smaller companies may experience greater volatility, higher failure rates, more limited markets, product lines, financial resources, and less management experience than larger companies. Smaller companies may also have a lower trading volume, which may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies. Fixed Income Risk - The issuer of a fixed income security may not be able to make interest and principal payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer will default on its obligation. If a rating agency gives a debt security a lower rating, the value of the debt security will decline because investors will demand a higher rate of return. As nominal interest rates rise, the value of fixed income securities is likely to decrease. A nominal interest rate is the sum of a real interest rate and an expected inflation rate. Municipal Securities Risk - The value of municipal obligations can fluctuate over time, and may be affected by adverse political, legislative and tax changes, as well as by financial developments that affect the municipal issuers. Because many municipal obligations are issued to finance similar projects by municipalities (e.g., housing, healthcare, water and sewer projects, etc.), conditions in the sector related to the project can affect the overall municipal market. Payment of municipal obligations may depend on an issuer’s general unrestricted revenues, revenue generated by a specific project, the operator of the project, or government appropriation or aid. There is a greater risk if investors can look only to the revenue generated by the project. In addition, municipal bonds generally are traded in the “over-the-counter” market among dealers and other large institutional investors. From time to time, liquidity in the municipal bond market (the ability to buy and sell bonds readily) may be reduced in response to overall economic conditions and credit tightening. Investment Companies Risk - When a client invests in open end mutual funds or ETFs, the client indirectly bears its proportionate share of any fees and expenses payable directly by those funds. Therefore, the client will incur higher expenses, many of which may be duplicative. In addition, the client’s overall portfolio may be affected by losses of an underlying fund and the level of risk arising from the investment practices of an underlying fund (such as the use of derivatives). ETFs are also subject to the following risks: (i) an ETF’s shares may trade at a market price that is above or below their net asset value; (ii) the ETF may employ an investmentstrategy that utilizes high leverage ratios; or (iii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally. LWMG has no control over the risks taken by the underlying funds. Form ADV, Part 2A, Item 9 Disciplinary Information Legacy Wealth Management Group, Inc. is required to disclose the facts of any legal or disciplinary events that are material to a client's evaluation of our advisory business or the integrity of our management. LWMG owners, Ronald Jacob (Jake) Dawson and Joshua D. Stamm, have disclosures, outlined below. Additional details can be found on https://www.adviserinfo.sec.gov. In November of 2018, Mr. Dawson entered into a settlement agreement with FINRA, a self- regulatory organization where he neither admitted nor denied FINRA’s allegations of not seeking approval for a loan from a customer for the purpose of remodeling a building he planned to occupy for business purposes from 8  Merrill Lynch. The loan was repaid with interest in the time manner agreed upon in the loan contract, and the customer in question did not submit any type of complaint against Mr. Dawson for the transaction. Civil and administrative penalties from FINRA consisted of a $5000 penalty on Mr. Dawson if he re-associated himself with another Broker/Dealer firm at any point in the future and a 45-day suspension period from being able to re-associate himself with another Broker/Dealer firm which ended in December of 2018. In January of 2017, Mr. Stamm entered into a settlement agreement with the state of Virginia SCC, where he neither admitted nor denied the states allegation of not receiving prior approval from Merrill Lynch before engaging in security activities outside the firm and effecting security transactions not recorded on the books and records of the firm. In May of 2018, Mr. Stamm entered into a settlement agreement with FINRA, a self-regulatory organization, where he neither admitted or denied FINRA’s allegation of not receiving Merrill Lynch’s prior approval before engaging in securities activities outside the firm and effecting security transactions not recorded on the books and records of Merrill Lynch. No civil or administrative penalties were imposed on Mr. Stamm but he did agree to a six month suspension from working with a FINRA member broker/dealer firm, which ended on November 20th 2018 and a $5000 penalty, payable if Mr. Stamm ever rejoins a federal member broker dealer. Form ADV, Part 2A, Item 10 Other Financial Industry Activities and Affiliations FINANCIAL INDUSTRY ACTIVITIES The representatives of LWMG, are not currently registered with any broker dealer. Neither LWMG nor its representatives are registered as a Futures Commission Merchant, Commodity Pool Operator, or a Commodity Trading Advisor. AFFILIATIONS LWMG is affiliated with “Legacy Insurance”, known previously as Old Dominion Insurance Partners, and “Legacy Life” through common ownership and being under common control. The firms may share some clients, but clients of LWMG are under no obligation to use the services of Legacy Insurance, Legacy Life, or both. Some representatives of LWMG are also licensed insurance agents. From time to time, they will offer clients advice or products from either Legacy Insurance, Legacy Life, or both. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. LWMG acts in the best interest of the client; including the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of LWMG in their capacity as an insurance agent. Not more than 30% of representatives’ time is spent on this activity. LWMG is affiliated with “Legacy Tax” through common ownership and being under common control. Some representatives of LWMG are registered Tax Professionals that offers tax preparation services. The firms may share some clients, but clients of LWMG are under no obligation to use the services of Legacy Tax. Not more than 30% of representatives’ time is spent on this activity. The economic benefits received by LWMG from product sponsors can include, but are not limited to, the sponsorship or financial assistance of conferences and educational sessions, marketing support, payment of travel expenses, and tools to assist the firm in providing various services to clients. There is a potential conflict of interest when receiving marketing support as it may be an incentive to us in selecting a particular partner over another based on the marketing support that we receive. The Firm will limit the amount of marketing support received from all product sponsors to within a reasonable amount as to avoid bias to any one product sponsor and the services they offer. 9  Form ADV, Part 2A, Item 11 Code of Ethics, Participation or Interest in Client Transactions and Personal Trading LWMG’s Code of Ethics includes guidelines for professional standards of conduct for our Associated Persons. Our goal is to protect client interests at all times and to demonstrate our commitment to fiduciary duties of honesty, good faith, and fair dealing. All of LWMG’s Associated Persons are expected to strictly adhere to these guidelines. Persons associated with Legacy Wealth Management Group, Inc. are also required to report any violations to the Code of Ethics. Additionally, the firm maintains and enforces written policies reasonably designed to prevent the misuse or dissemination of material, non- public information about our clients or client accounts by persons associated with our firm. LWMG and its employees may buy or sell securities that are also held by clients. It is the expressed policy of the advisor that no person employed by our firm purchase or sell any security prior to the transaction being implemented for an advisory account; therefore, preventing such employees from benefiting from transactions placed on behalf of the advisory clients. The advisor may have an interest or position in a certain security, which may also be recommended to the client. As these situations may present a conflict of interest, the advisor has established the following restrictions in order to ensure its fiduciary responsibilities should this issue ever arise: 1. A director, officer or employee of the advisor shall not buy or sell a security for their personal portfolio(s) where their decision is substantially derived, in whole or part, by reason of his or her employment, unless the information is also available to the investing public. No owner/employee of LWMG shall prefer their own interest to that of the client. 2. The advisor maintains a list of all securities held by the company and all directors, officers, and employees. These holdings are reviewed on a quarterly basis by the principal of the firm. 3. The advisor requires that all employees must act in accordance with all applicable Federal and State regulations governing registered investment advisors. 4. The advisor may block personal trades with those of clients but will ensure that clients are not at a disadvantage. LWMG’s Code of Ethics is available to you upon request. You may obtain a copy of our Code of Ethics by contacting Jake Dawson at (434) 266-1214. Form ADV, Part 2A, Item 12 Brokerage Practices In order for LWMG to provide asset management services, we will recommend brokerage and custodial services for which we have existing relationships. The recommended brokerage/custodial service providers are not affiliated with LWMG. In considering which independent qualified brokerage/custodial service providers will be the best fit for LWMG’s business model, we are evaluating the following factors, which is not an all-inclusive list: Financial strength Reporting capabilities Pricing Reputation Execution capabilities Types and quality of research While you are free to choose any broker-dealer or other service provider, we recommend that you establish an account with a brokerage firm with which we have an existing relationship. Such relationships may include benefits provided to our firm, including, but not limited to, research, market information, and administrative services that help our firm manage your account(s). We believe that recommended broker-dealers provide quality execution services for our clients at competitive prices. Price is not the sole factor we consider in evaluating best execution. We also consider the quality of the brokerage services provided by the 10  recommended broker-dealers, including the value of research provided, the firm’s reputation, execution capabilities, commission rates, and responsiveness to our clients and our firm. You may direct us in writing to use a particular broker-dealer to execute some or all of the transactions for your account. If you do so, you are responsible for negotiating the terms and arrangements for the account with that broker-dealer. We may not be able to negotiate commissions, obtain volume discounts, or best execution. In addition, under these circumstances a difference in commission charges may exist between the commissions charged to clients who direct us to use a particular broker or dealer and other clients who do not direct us to use a particular broker or dealer. LWMG does not receive client referrals from broker-dealers in exchange for cash or other compensation, such as brokerage services or research. The Securities and Exchange Commission defines soft dollar practices as arrangement under which products or services other than execution services are obtained by LWMG from or through a broker-dealer in exchange for directing Client transactions to the broker-dealer. Although LWMG has no formal soft dollar arrangements, the firm may receive products, research and/or other services from custodians or broker-dealers connected to client transactions or "soft dollar benefits". As permitted by Section 28(e) of the Securities Exchange Act of 1934, LWMG receives economic benefits as a result of commissions generated from securities transactions by the custodian or broker-dealer from the accounts of LWMG. LWMG cannot ensure that a particular client will benefit from soft dollars or the client's transactions paid for the soft dollar benefits. LWMG does not seek to proportionately allocate benefits to client accounts to any soft dollar benefits generated by the accounts. When LWMG buys or sells the same security for two or more clients (including our personal accounts), we may place concurrent orders to be executed together as a single “block” in order to facilitate orderly and efficient execution. Each client account will be charged or credited with the average price per unit. We receive no additional compensation or remuneration of any kind because we aggregate client transactions. No client is favored over any other client. If an order is not completely filled, it is allocated pro-rata based on an allocation statement prepared by LWMG prior to placing the order. Because of an order’s aggregation, some clients may pay higher transaction costs, or greater spreads, or receive less favorable net prices on transactions than would otherwise be the case if the order had not been aggregated. Form ADV, Part 2A, Item 13 Review of Accounts Client accounts are reviewed at least quarterly by Jake Dawson, Principal Executive Officer of the firm. Jake Dawson reviews clients’ accounts with regards to their investment policies and risk tolerance levels. All accounts at LWMG are assigned to this reviewer. All financial planning accounts are reviewed upon financial plan creation and plan delivery by Jake Dawson, Principal Executive Officer of the firm. There is only one level of review and that is the total review conducted to create the financial plan. Reviews may be triggered by material market, economic or political events, or by changes in client's financial situations (such as retirement, termination of employment, physical move, or inheritance). Each client will receive at least quarterly a written report that details the clients’ account which may come from the custodian. Clients are encouraged to review these statements to verify accuracy and calculation correctness. Clients are provided a one-time financial plan concerning their financial situation. After the presentation of the plan, there are no further reports. Clients may request additional plans or reports for a fee. 11  Form ADV, Part 2A, Item 14 Client Referrals and Other Compensation Our firm does not engage in promoter arrangements for client referrals. Form ADV, Part 2A, Item 15 Custody LWMG does not have physical custody of any client funds and/or securities, and does not take custody of client accounts at any time. Client funds and securities will be held with a bank, broker dealer, or other independent qualified custodian. However, by granting LWMG written authorization to automatically deduct fees from client accounts, LWMG is deemed to have limited custody. You will receive account statements from the independent, qualified custodian holding your funds at least quarterly. The account statement from your custodian will indicate the amount of advisory fees deducted from your account(s) each billing cycle. Clients should carefully review statements received from the custodian. STANDING LETTERS OF AUTHORIZATION Some clients may execute limited powers of attorney or other standing letters of authorization that permit the firm to transfer money from their account with the client’s independent qualified Custodian to third- parties. This authorization to direct the Custodian may be deemed to cause our firm to exercise limited custody over your funds or securities and for regulatory reporting purposes, we are required to keep track of the number of clients and accounts for which we may have this ability. We do not have physical custody of any of your funds and/or securities. Your funds and securities will be held with a bank, broker-dealer, or other independent, qualified custodian. You will receive account statements from the independent, qualified custodian(s)holding your funds and securities at least quarterly. The account statements from your custodian(s) will indicate any transfers that may have taken place within your account(s) each billing period. You should carefully review account statements for accuracy. Form ADV, Part 2A, Item 16 Investment Discretion Before LWMG can buy or sell securities on your behalf, you must first sign our discretionary management agreement, a limited power of attorney, and/or trading authorization forms. By choosing to do so, you may grant the firm discretion over the selection and amount of securities to be purchased or sold for your account(s) without obtaining your consent or approval prior to each transaction. Clients may impose limitations on discretionary authority for investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.), as well as other limitations as expressed by the client. Limitations on discretionary authority are required to be provided to the IAR in writing. Please refer to the “Advisory Business” section of this Brochure for more information on our discretionary management services. Form ADV, Part 2A, Item 17 Voting Client Securities We do not vote proxies on behalf of your advisory accounts. At your request, we may offer you advice regarding corporate actions and the exercise of your proxy voting rights. If you own shares of common stock or mutual funds, you are responsible for exercising your right to vote as a shareholder. In most cases, you will receive proxy materials directly from the account custodian. However, in the event we were to receive any written or electronic proxy materials, we would forward them directly to you by mail, unless you have authorized our firm to contact you by electronic mail, in which case, we would forward any electronic solicitation to vote proxies. 12  Form ADV, Part 2A, Item 18 Financial Information LWMG is not required to provide financial information to our clients because we do not require or solicit the prepayment of more than $1,200 six or more months in advance. Form ADV, Part 2A, Item 19 Requirements for State-Registered Advisers This section is not applicable as LWMG is SEC registered and not state registered. 13 

Form ADV, Part 2A Appendix 1, Item 1 Cover Page FORM ADV, PART 2A Appendix 1: Wrap Fee Program Brochure Version Date: March 20, 2026 1971 English Tavern Road Lynchburg, Virginia 24501 (434) 266-1214 This brochure outlines the qualifications and business practices of Legacy Wealth Management Group, Inc. If you have any questions, feel free to email us at clientsupport@legacywealthadvisor.org or contact us at (434) 266-1214. The information in this brochure has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about Legacy Wealth Management Group, Inc. is also available on the SEC’s website at www.adviserinfo.sec.gov. The searchable IARD/CRD number for Legacy Wealth Management Group, Inc. is 322235. Legacy Wealth Management Group, Inc. is a Registered Investment Adviser. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. 1  Form ADV, Part 2A Appendix 1, Item 2 Material Changes The Material Changes section of this brochure will be updated annually or when material changes occur since the previous release of the Firm Brochure. Each year, for the annual amendment and when there are material changes, we will ensure that you receive a summary of any material changes. We will further provide you with our most recent brochure at any time at your request, without charge. You may request a brochure by emailing us at clientsupport@legacywealthadvisor.org or by contacting us at (434) 266-1214. NOTE: We may perform routine checks for grammar, punctuation, appearance, clarity, etc., and make necessary updates. These types of changes would not be considered a material change. MATERIAL CHANGES SINCE THE LAST UPDATE No material changes have been made since the March 15, 2025 version. This update consists solely of grammatical, punctuational, and stylistic improvements intended to enhance clarity and appearance: Form ADV, Part 2A Appendix 1, Item 3 Table of Contents Cover Page ............................................................................................................................................................ 1 Material Changes .................................................................................................................................................. 2 Table of Contents .................................................................................................................................................. 2 Services, Fees and Compensation ........................................................................................................................ 3 Account Requirements and Types of Clients ........................................................................................................ 5 Portfolio Manager Selection and Evaluation ........................................................................................................ 5 Client Information Provided to Portfolio Managers............................................................................................. 9 Client Contact With Portfolio Managers .............................................................................................................. 9 Additional Information ......................................................................................................................................... 9 Requirements for State-Registered Advisers ..................................................................................................... 11 2  Form ADV Part 2A Appendix 1, Item 4 Services, Fees and Compensation SERVICES Legacy Wealth Management Group, Inc. (hereinafter referred to as "LWMG") is a Registered Investment Adviser based in Lynchburg, Virginia, and incorporated under the laws of the State of Virginia. LWMG is owned by Ronald Jacob (Jake) Dawson and Joshua D. Stamm. LWMG is registered with the SEC and subject to the rules and regulations of the US Advisers Act. In July 2022, Legacy Wealth Management Group, Inc. became an independently registered investment advisor, and provides investment advisory services, which may include, but are not limited to, the review of client investment objectives and goals, recommending asset allocation strategies of managed assets among investment products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written investment strategies. Our investment advice is tailored to meet our clients’ needs and investment objectives. Clients may impose restrictions on investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.) by providing a signed and dated written notification, of which an e-mail is also an acceptable form of notification. LWMG also provides financial planning consulting services including, but not limited to, risk assessment/management, investment planning, estate planning, financial organization, or financial decision making/negotiation and retirement planning. A “wrap fee program” for purposes of the SEC is a program under which investment advisory and brokerage execution services are provided for a single “wrapped” fee that is not based on the transactions in a client account. LWMG provides discretionary investment advisory services to some of its clients through a managed account program (“the LWMG Wrap Fee Program”). LWMG will assist clients in determining the suitability of this Wrap Fee Program for the client. In order for LWMG to provide asset management services, we will recommend brokerage and custodial services for which we have existing relationships. The recommended brokerage/custodial service providers are not affiliated with LWMG. The Securities and Exchange Commission defines soft dollar practices as an arrangement under which products or services other than execution services are obtained by LWMG from or through a broker-dealer in exchange for directing Client transactions to the broker-dealer. Although LWMG has no formal soft dollar arrangements, the firm may receive products, research, and/or other services from custodians or broker-dealers connected to client transactions or “soft dollar benefits”. As permitted by Section 28(e) of the Securities Exchange Act of 1934, LWMG receives economic benefits as a result of commissions generated from securities transactions by the custodian or broker-dealer from the accounts of LWMG. LWMG cannot ensure that a particular client will benefit from soft dollars or the client’s transactions paid for the soft dollar benefits. LWMG does not seek to proportionately allocate benefits to client accounts to any soft dollar benefits generated by the accounts. WRAP FEE PROGRAM LWMG’s Wrap Fee Program is offered as a part of the Asset Management Services described above. LWMG provides portfolio management services for this program based on the Client’s investment goals and objectives. Managed Accounts are available to primarily individuals and high net worth individuals. FEES AND COMPENSATION The following types of fees will be assessed: Asset Management – Fees are charged quarterly in advance and are based primarily on asset size and the level of complexity of the services provided. In individual cases, LWMG has the sole discretion to negotiate 3  fees that are lower than the standard fee shown or to waive fees. Fees are not based on the share of capital gains or capital appreciation of the funds or any portion of the funds. Comparable services for lower fees may be available from other sources. Fees for the initial quarter will be prorated based upon the number of calendar days in the calendar quarter that the advisory agreement is in effect. Fees are based on the market value of the assets on the last business day of the previous quarter. Annual fees range from 1.25% - 2.00% depending on the amount of assets under management (“AUM”) – See chart below. Consulting services are included in these fees for asset management services with the exception of unique circumstances that may require a separate agreement for financial planning services (description and fees are discussed below). If the situation warrants separate financial planning fees, it will be discussed upfront. Fee Schedule for Asset Management: Total Account Value First $1,000,000 Next $2,000,000 Next $2,000,000 Over $5,000,000 Maximum Annual Advisory Fee 2.00% 1.75% 1.50% 1.25% As authorized in the client agreement, the account custodian withdraws LWMG’s advisory fees directly from the clients’ accounts according to the custodian’s policies, practices, and procedures. The custodian in turn remits these fees to LWMG. The custodial statement includes the amount of any fees paid directly to LWMG to manage the account. You should compare the statement we send to your custodian/broker-dealer’s statement and verify the calculation of fees. Your custodian/broker-dealer does not verify the accuracy of fees calculations. If the account does not contain sufficient funds to pay advisory fees, LWMG has limited authority to sell or redeem securities in sufficient amounts to pay advisory fees. With the exception of IRA accounts, clients may reimburse the account for advisory fees paid to LWMG. Fees are charged in advance on a quarterly basis, meaning that advisory fees for a quarter are charged on the first day of the quarter. Clients may terminate investment advisory services obtained from LWMG, without penalty, upon written notice within five (5) business days after entering into the advisory agreement with LWMG. The client is responsible for any fees and charges incurred by the client from third parties as a result of maintaining the account such as transaction fees for any securities transactions executed and account maintenance or custodial fees. Thereafter, the client may terminate advisory services upon written notice delivered to and received by LWMG. Clients who terminate investment advisory services during a quarter are charged a prorated advisory fee based on the date of LWMG’s receipt of client’s written notice to terminate. Any earned but unpaid fees are immediately due and payable, and any prepaid and unearned fees will be immediately refunded. Financial Planning – Financial planning services are charged in arrears through an hourly fee arrangement as agreed upon between the client and LWMG. There will never be an instance where $1,200 or more in fees is charged six or more months in advance. Hourly fees range from $125 - $350 per hour, depending on what is negotiated between LWMG and the client. Similar financial planning services may be available elsewhere for a lower cost to the client. Fees are negotiable and vary depending upon the complexity of the client situation and services to be provided. Clients may be invoiced monthly for all time spent by LWMG as agreed upon by client or upon completion of the services if less than a month. Clients who wish to terminate the planning process prior to completion may do so with written notice. Upon receipt of written notification, any earned fee will immediately become due and payable, and any prepaid and unearned fees will be immediately refunded. A client may terminate an advisory agreement without being assessed any fees or expenses within five (5) days of its signing. 4  ADDITIONAL FEES AND EXPENSES In addition to advisory fees paid to LWMG as explained above, clients are charged custodial service, account maintenance, transaction, and other fees associated with maintaining the account, however LWMG pays some or all of these fees for designated Wrap Accounts. Therefore, these fees are included in the fee stated above. These fees vary by broker dealer and/or custodian. Additionally, for any mutual funds purchased, the client may pay their proportionate share of the funds’ distribution, internal management, investment advisory and administrative fees. Such fees are not shared with LWMG and are compensation to the fund manager. Clients are urged to read the mutual fund prospectus prior to investing. Clients may also pay a closing fee to LWMG in the event of closing accounts. This fee is $125 and may be negotiable between the client and LWMG. Mutual fund companies impose internal fees and expenses on clients. These fees are in addition to the costs associated with the investment advisory services as described above. Complete details of such internal expenses are specified and disclosed in each mutual fund company’s prospectus. Clients are strongly advised to review the prospectus(es) prior to investing in such securities. Legacy will select, recommend and/or retain mutual funds on a fund-by-fund basis. Due to specific custodial and/or mutual fund company constraints, material tax considerations, and/or systematic investment plans, Legacy will select, recommend and/or retain a mutual fund share class that does not have trading costs, but does have higher internal expense ratios than institutional share classes. Legacy will seek to select the lowest cost share class available to it that is in the best interest of each client, and Legacy will ensure the selection aligns with the client’s financial objectives and stated investment guidelines. Mutual funds purchased or sold in broker-dealer accounts may generate transaction fees that would not exist if the purchase or sale were made directly with the mutual fund company. Mutual funds held in broker-dealer accounts also charge management fees. These mutual fund management fees may be more or less than the mutual fund management fees charged if the client held the mutual fund directly with the mutual fund company. Clients may purchase shares of mutual funds directly from the mutual fund issuer, its principal underwriter, or a distributor without purchasing the services of LWMG or paying the advisory fee on such shares (but subject to any applicable sales charges). Certain mutual funds are offered to the public without a sales charge. In the case of mutual funds offered with a sales charge, the prevailing sales charge (as described in the mutual fund prospectus) may be more or less than the applicable advisory fee. However, clients would not receive LWMG’s assistance in developing an investment strategy, selecting securities, monitoring the performance of the account, and making changes as necessary. Form ADV, Part 2A Appendix 1, Item 5 Account Requirements and Types of Clients LWMG offers investment advisory services primarily to individuals and high net worth individuals. There is no minimum account size to open and maintain an advisory account. Form ADV, Part 2A Appendix 1, Item 6 Portfolio Manager Selection and Evaluation LWMG may act as the portfolio manager for its Wrap Fee Program accounts. There is no conflict of interest with the arrangement. 5  TYPES OF ADVISORY SERVICES Legacy Wealth Management Group, Inc. is a Registered Investment Adviser based in Lynchburg, Virginia, and incorporated under the laws of the State of Virginia. The owners, Ronald Jacob (Jake) Dawson and Joshua D. Stamm, are the majority stockholders and Branden Bosch is a minority stockholder. LWMG is registered with the SEC and subject to the rules and regulations of the US Advisers Act. In July 2022, Legacy Wealth Management Group, Inc. became an independently registered investment advisor, and provides investment advisory services, which may include, but are not limited to, the review of client investment objectives and goals, recommending asset allocation strategies of managed assets among investment products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing written investment strategies. Our investment advice is tailored to meet our clients’ needs and investment objectives. Clients may impose restrictions on investing in certain securities or types of securities (such as a product type, specific companies, specific sectors, etc.) by providing a signed and dated written notification, of which an e-mail is also an acceptable form of notification. LWMG also provides financial planning consulting services including, but not limited to, risk assessment/management, investment planning, estate planning, financial organization, or financial decision making/negotiation and retirement planning. Legacy Wealth Management Group, Inc. provides investment advisory and other financial services through its Investment Advisory Representatives ("IAR") to accounts opened with Legacy Wealth Management Group, Inc. Managed Accounts are available to individuals and high net worth individuals. ASSET MANAGEMENT SERVICES Legacy Wealth Management Group, Inc. provides discretionary and non-discretionary investment advisory services to some of its clients through various managed account programs. Legacy Wealth Management Group, Inc. will assist clients in determining the suitability of the Managed Account Programs for the client. The IAR is compensated through a comprehensive single fee and the account may be assessed other charges associated with conducting a brokerage business. The firm and its IAR, as appropriate, will be responsible for the following: • Performing due diligence • Recommending strategic asset and style allocations • Providing research on investment product options, as needed • Providing client risk profile questionnaire • Obtaining investment advisory contract from client with required financial, risk tolerance, suitability and investment vehicle selection information for each new account • Performing client suitability check on account documentation, reviewing the investment objectives and evaluating the investment vehicle selections • Providing Firm Brochure (this document) LWMG may recommend a Wrap Fee Program for the client’s account(s). A “Wrap Fee Program” for purposes of the SEC is a program under which investment advisory and brokerage execution services are provided for a single “wrapped” fee that is not based on the transactions in a client account. LWMG provides discretionary investment advisory services to some of its clients through a Wrap Fee Program. LWMG will assist clients in determining the suitability of the Wrap Fee Program for the client. Wrap Fee Program accounts recommended by LWMG are not managed differently from non-Wrap Fee Program accounts. Because brokerage execution costs are included in the client’s overall advisory fee, the client’s fee may be greater than those that have accounts in non-Wrap Fee Program accounts, however fees will not exceed the fee schedule stated in this Wrap Fee Brochure. All clients with Wrap Fee Program accounts will be provided with this Wrap Fee Brochure. This Brochure is focused on Wrap Fee Program accounts. 6  As of December 31, 2025, the firm manages $289,830,000 discretionary client assets and $0 non- discretionary client assets. PERFORMANCE-BASED FEES AND SIDE BY SIDE MANAGEMENT LWMG does not charge performance-based fees or participate in side-by-side management. Side-by-side management refers to the practice of managing accounts that are charged performance-based fees while at the same time managing accounts that are not charged performance-based fees. Performance-based fees are fees that are based on a share of capital gains or appreciation of the assets of a client. Our fees are calculated as described in Fees and Compensation section above and are not charged on the basis of performance of your advisory account. METHODS OF ANALYSIS, INVESTMENT STRATEGIES, AND RISK OF LOSS LWMG’s methods of analysis and investment strategies incorporate the client’s needs and investment objectives, time horizon, and risk tolerance. LWMG is not bound to a specific investment strategy for the management of investment portfolios, but rather consider the risk tolerance range of each portfolio and the risk level of each level when the account is opened. Examples of methodologies that our investment strategies may incorporate include: Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix of asset classes and the efficient allocation of capital to those assets by matching rates of return to a specified and quantifiable tolerance for risk. Asset Allocation has the potential of all the risks listed below. Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount of securities at regularly scheduled intervals, regardless of the price per share. This will gradually, over time, decrease the average share price of the security. Dollar-cost averaging lessens the risk of investing a large amount in a single investment at the wrong time. Dollar-Cost Averaging has the potential of all the risks listed below. Technical Analysis – involves studying past price charts, patterns and trends in the financial markets to predict the direction of both the overall market and specific stocks. Technical Analysis has the potential of all the risks listed below. Long-Term Purchases – securities purchased with the expectation that the value of those securities will grow over a relatively long period of time, generally greater than one year. Long- Term Purchases have the potential of all the risks listed below. Short-Term Purchases – securities purchased with the expectation that they will be sold within a relatively short period of time, generally less than one year, to take advantage of the securities’ short term price fluctuations. Short-term Purchases primarily have the potential of Market Risk, Business Risk, and Liquidity Risk as listed below. Our strategies and investments may have unique and significant tax implications. Regardless of your account size or other factors, we strongly recommend that you continuously consult with a tax professional prior to and throughout the investing of your assets. Investing in securities involves risk of loss that clients should be prepared to bear. Although we manage your portfolio with strategies and in a manner consistent with your risk tolerances, there can be no guarantee that our efforts will be successful. You should be prepared to bear the risk of loss. All investments involve the risk of loss, including (among other things) loss of principal, a reduction in earnings (including interest, dividends, and other distributions), and the loss of future earnings. Regardless of the methods of analysis or strategies suggested for your particular investment goals, you should carefully consider these risks, as they all bear risks. 7  LWMG’s primary goal for investing is to help the client maintain purchasing power over the long term. This may result in short term variability and loss of principal. Time horizon and risk tolerance are key determinates of the proper asset allocation. LWMG’s approach focuses on taking appropriate risks for which clients are compensated (i.e. market risk) and seeking to limit or eliminate risks that do not provide compensation over the long term (i.e. individual stock risk or lack of portfolio risk). Below are some more specific risks of investing: Market Risk - The prices of securities in which clients invest may decline in response to certain events taking place around the world, including those directly involving the companies whose securities are owned by the client or an underlying fund; conditions affecting the general economy; overall market changes; local, regional or global political, social or economic instability; and currency, interest rate and commodity price fluctuations. Investors should have a long-term perspective and be able to tolerate potentially sharp declines in market value. Management Risk - LWMG’s investment approach may fail to produce the intended results. If our perception of the performance of a specific asset class or underlying fund is not realized in the expected time frame, the overall performance of client’s portfolio may suffer. Equity Risk - Equity securities tend to be more volatile than other investment choices. The value of an individual mutual fund or ETF can be more volatile than the market as a whole. This volatility affects the value of the client’s overall portfolio. Small- and mid-cap companies are subject to additional risks. Smaller companies may experience greater volatility, higher failure rates, more limited markets, product lines, financial resources, and less management experience than larger companies. Smaller companies may also have a lower trading volume, which may disproportionately affect their market price, tending to make them fall more in response to selling pressure than is the case with larger companies. Fixed Income - Risk. The issuer of a fixed income security may not be able to make interest and principal payments when due. Generally, the lower the credit rating of a security, the greater the risk that the issuer will default on its obligation. If a rating agency gives a debt security a lower rating, the value of the debt security will decline because investors will demand a higher rate of return. As nominal interest rates rise, the value of fixed income securities is likely to decrease. A nominal interest rate is the sum of a real interest rate and an expected inflation rate. Municipal Securities Risk - The value of municipal obligations can fluctuate over time, and may be affected by adverse political, legislative and tax changes, as well as by financial developments that affect the municipal issuers. Because many municipal obligations are issued to finance similar projects by municipalities (e.g., housing, healthcare, water and sewer projects, etc.), conditions in the sector related to the project can affect the overall municipal market. Payment of municipal obligations may depend on an issuer’s general unrestricted revenues, revenue generated by a specific project, the operator of the project, or government appropriation or aid. There is a greater risk if investors can look only to the revenue generated by the project. In addition, municipal bonds generally are traded in the “over-the-counter” market among dealers and other large institutional investors. From time to time, liquidity in the municipal bond market (the ability to buy and sell bonds readily) may be reduced in response to overall economic conditions and credit tightening. Investment Companies Risk - When a client invests in open end mutual funds or ETFs, the client indirectly bears its proportionate share of any fees and expenses payable directly by those funds. Therefore, the client will incur higher expenses, many of which may be duplicative. In addition, the client’s overall portfolio may be affected by losses of an underlying fund and the level of risk arising from the investment practices of an underlying fund (such as the use of derivatives). ETFs are also subject to the following risks: (i) an ETF’s 8  shares may trade at a market price that is above or below their net asset value; (ii) the ETF may employ an investment strategy that utilizes high leverage ratios; or (iii) trading of an ETF’s shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally. LWMG has no control over the risks taken by the underlying funds. VOTING CLIENT SECURITIES LWMG does not vote proxies on behalf of Client advisory accounts. At the Client’s request, LWMG may offer the Client advice regarding corporate actions and the exercise of proxy voting rights. If the Client owns shares of common stock or mutual funds, the Client is responsible for exercising the right to vote as a shareholder. In most cases, the Client will receive proxy materials directly from the account custodian. However, in the event LWMG receives any written or electronic proxy materials, we would forward them directly to the Client by mail, unless the Client has authorized our firm to contact you by electronic mail, in which case, LWMG would forward any electronic solicitation to vote proxies. Form ADV, Part 2A Appendix 1, Item 7 Client Information Provided to Portfolio Managers LWMG may directly provide the portfolio management services for the Wrap Fee Program accounts. As such, LWMG receives all information provided by the Client through a formal Needs Analysis and consultation with the Client. Advice is provided through consultation with the client and may include: determination of financial objectives, identification of financial problems, cash flow management, tax planning, insurance review, investment management, education funding, retirement planning, and estate planning. Form ADV, Part 2A Appendix 1, Item 8 Client Contact With Portfolio Managers There are no restrictions placed on LWMG’s clients’ ability to contact and consult with their portfolio manager(s). Form ADV, Part 2A Appendix 1, Item 9 Additional Information DISCIPLINARY INFORMATION Legacy Wealth Management Group, Inc. is required to disclose the facts of any legal or disciplinary events that are material to a client's evaluation of our advisory business or the integrity of our management. LWMG owners, Ronald Jacob (Jake) Dawson and Joshua D. Stamm, have disclosures, outlined below. Additional details can be found on https://www.adviserinfo.sec.gov. In November of 2018, Mr. Dawson entered into a settlement agreement with FINRA, a self- regulatory organization where he neither admitted nor denied FINRA’s allegations of not seeking approval for a loan from a customer for the purpose of remodeling a building he planned to occupy for business purposes from Merrill Lynch. The loan was repaid with interest in the time manner agreed upon in the loan contract, and the customer in question did not submit any type of complaint against Mr. Dawson for the transaction. Civil and administrative penalties from FINRA consisted of a $5000 penalty on Mr. Dawson if he re-associated himself with another Broker/Dealer firm at any point in the future and a 45-day suspension period from being able to re-associate himself with another Broker/Dealer firm which ended in December of 2018. In January of 2017, Mr. Stamm entered into a settlement agreement with the state of Virginia SCC, where he 9  neither admitted nor denied the states allegation of not receiving prior approval from Merrill Lynch before engaging in security activities outside the firm and effecting security transactions not recorded on the books and records of the firm. In May of 2018, Mr. Stamm entered into a settlement agreement with FINRA, a self-regulatory organization, where he neither admitted or denied FINRA’s allegation of not receiving Merrill Lynch’s prior approval before engaging in securities activities outside the firm and effecting security transactions not recorded on the books and records of Merrill Lynch. No civil or administrative penalties were imposed on Mr. Stamm but he did agree to a six month suspension from working with a FINRA member broker/dealer firm, which ended on November 20th 2018 and a $5000 penalty, payable if Mr. Stamm ever rejoins a federal member broker dealer. OTHER FINANCIAL INDUSTRY ACTIVITIES AND AFFILIATIONS The representatives of LWMG, are not currently registered with any broker dealer. Neither LWMG nor its representatives are registered as a Futures Commission Merchant, Commodity Pool Operator, or a Commodity Trading Advisor. LWMG is affiliated with “Legacy Insurance”, known previously as Old Dominion Insurance Partners, and “Legacy Life” through common ownership and being under common control. The firms may share some clients, but clients of LWMG are under no obligation to use the services of Legacy Insurance, Legacy Life, or both. Some representatives of LWMG are also licensed insurance agents. From time to time, they will offer clients advice or products from either Legacy Insurance, Legacy Life, or both. Clients should be aware that these services pay a commission and involve a possible conflict of interest, as commissionable products can conflict with the fiduciary duties of a registered investment adviser. LWMG acts in the best interest of the client; including the sale of commissionable products to advisory clients. Clients are in no way required to implement the plan through any representative of LWMG in their capacity as an insurance agent. Not more than 30% of representatives’ time is spent on this activity. LWMG is affiliated with “Legacy Tax” through common ownership and being under common control. Some representatives of LWMG are registered Tax Professionals that offers tax preparation services. The firms may share some clients, but clients of LWMG are under no obligation to use the services of Legacy Tax. Not more than 30% of representatives’ time is spent on this activity. The economic benefits received by LWMG from product sponsors can include, but are not limited to, the sponsorship or financial assistance of conferences and educational sessions, marketing support, payment of travel expenses, and tools to assist the firm in providing various services to clients. There is a potential conflict of interest when receiving marketing support as it may be an incentive to us in selecting a particular partner over another based on the marketing support that we receive. The Firm will limit the amount of marketing support received from all product sponsors to within a reasonable amount as to avoid bias to any one product sponsor and the services they offer. CODE OF ETHICS, PARTICIPATION OR INTEREST IN CLIENT TRANSACTIONS AND PERSONAL TRADING LWMG’s Code of Ethics includes guidelines for professional standards of conduct for our Associated Persons. Our goal is to protect client interests at all times and to demonstrate our commitment to fiduciary duties of honesty, good faith, and fair dealing. All of LWMG’s Associated Persons are expected to strictly adhere to these guidelines. Persons associated with LWMG are also required to report any violations to the Code of Ethics. Additionally, the firm maintains and enforces written policies reasonably designed to prevent the misuse or dissemination of material, non-public information about our clients or client accounts by persons associated with our firm. 10  LWMG may buy or sell securities for itself that we also recommend to clients. In addition, the individual IARs may buy or sell the same securities for their personal and family accounts that are bought and sold for your account(s). LWMG does not have, nor plans to have, an interest or position in a security which is then also recommended to the client. As these situations may present a conflict of interest, the advisor has established the following restrictions in order to ensure its fiduciary responsibilities should this issue ever arise: 1. A director, officer or employee of the advisor shall not buy or sell a security for their personal portfolio(s) where their decision is substantially derived, in whole or part, by reason of his or her employment, unless the information is also available to the investing public. No owner/employee of LWMG shall prefer their own interest to that of the client. 2. The advisor maintains a list of all securities held by the company and all directors, officers, and employees. These holdings are reviewed on a quarterly basis by the principal of the firm. 3. The advisor requires that all employees must act in accordance with all applicable Federal and State regulations governing registered investment advisors. 4. The advisor will monitor any blocking of personal trades with those of clients to ensure that clients are not at a disadvantage LWMG’s Code of Ethics is available to you upon request. You may obtain a copy of our Code of Ethics by contacting Jake Dawson at (434) 266-1214. LWMG does not recommend or select other investment advisors for our clients for which we receive compensation, directly or indirectly, from those advisors, nor do we have business relationships with any other investment advisors. REVIEW OF ACCOUNTS Client accounts are reviewed at least quarterly by Jake Dawson, the Principal Executive Officer of the firm. Client accounts are reviewed with regard to their investment policies and risk tolerance levels. All accounts at LWMG are reviewed by this reviewer. Reviews may also be triggered by material market, economic or political events, or by changes in the client's financial situations (such as retirement, termination of employment, physical move, or inheritance). Each client will receive at least quarterly a written report that details the clients’ account which may come from the custodian. Clients are encouraged to review these statements to verify accuracy and calculation correctness. CLIENT REFERRALS AND OTHER COMPENSATION Our firm does not engage in promoter arrangements for client referrals. FINANCIAL INFORMATION LWMG is not required to provide financial information to our clients because we do not require or solicit the prepayment of more than $1,200 six or more months in advance. Form ADV, Part 2A Appendix 1, Item 10 Requirements for State-Registered Advisers This section is not applicable as LWMG is SEC registered and not state registered. 11