Guiding wealth along the path of greatest good.

Guiding wealth along the path of greatest good.

Guiding wealth along the path of greatest good.

We specialize in providing financial planning advice and wealth management tailored specifically for you. While we work with a diverse clientele including foundations and sudden wealth (divorce or inheritance), our focus is clients ages 45 - 65 that are investing for retirement and planning for retirement income. Our value is in helping you develop a financial map and providing support to guide you down the path of greatest good. We are here to help you through life’s pivotal moments; planning for college, divorce, retirement, job transition, and business succession. We will be there for you because these are not merely events in your life, but part of an ongoing process from which you can benefit, grow and thrive.

The Legacy Group, Ltd. is a Fee-Only, independent Registered Investment Advisory Firm head-quartered in Salem, Oregon serving clients throughout the Willamette Valley and Central Oregon. Our advisers are Certified Financial Planner™ professionals. Ray Sagner, CFP®, has been in practice since 1998, joined the firm in 2003 and is the current owner. Ron LeBlanc, CFP®, the firm’s founder, has been in practice since 1982 and recently retired. Take a step towards greater financial contentment and contact us today.

Guiding wealth along the path of greatest good - we take our mission seriously. Wherever you are on your financial journey, we’re here to help.

Services

 

Full-Service Financial Consulting

The Legacy Group, Ltd. offers a variety of financial consulting services.

 

Fee-Only Professional Asset Management

At The Legacy Group, Ltd., all assets are managed on a Fee-Only basis.

Blog

Health Insurance 101

by Ray Sagner on Jun 14, 2018

Health insurance used to be a fairly simple process. But today, whether obtaining health insurance privately or through an employer, we’re being offered a variety of insurance plans with varying benefit levels, making the choice more difficult.

Before you enroll in another health insurance plan, here are some common terms you need to know – and understand:

Co-Insurance – Co-insurance is the amount that you are responsible for out-of-pocket. Most plans have levels such as 80/20, which means that once you have met your deductible, you are responsible for 20 percent of all medical costs incurred until you reach your maximum out-of-pocket (see below).

Co-Payment – this is the amount that is paid for certain services, such as doctor’s visits, lab work, urgent care or emergency room services. Co-payments typically do not go towards your annual deductible, but they do go towards your annual out-of-pocket costs. (see below)

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Renter's Insurance

by Ray Sagner on Jun 7, 2018

There were 43 million renters in the U.S. in 2017, the highest number of renters in the last 50 years.  Yet according to the Insurance Information Institute, only 37 percent of those currently renting have renters insurance, leaving 27.1 million renters without protection should catastrophe strike.

It’s important for renters to understand that while their landlord’s homeowner’s policy would cover structural damages to an apartment or home, it will not protect the renter’s personal belongings.

Here are some common areas that renters insurance typically covers:

  • Fire
  • Smoke Damage
  • Vandalism
  • Theft
  • Damage from Snow, Ice, and Sleet
  • Excessive Wind
  • Damage from malfunctioning equipment such as water heaters, air conditioners, or other household appliances

Along with property damage, renters insurance will also typically cover a tenant’s liability in case of injury to a visitor on the property.

Those looking to purchase renters insurance for the first time need to be aware of the exclusions that are written into the policy. Here are a few of the typical exclusions:

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Why Financial Advisors Are Still Necessary

by Ray Sagner on May 31, 2018

The rising popularity of robo-advisors has some in the industry wondering whether this is the beginning of the end for financial advisors.

In reality, robo-advisors have been able to do something that traditional financial advisors have not; get those with limited resources to begin creating a portfolio of investments.

Experienced financial planners typically don’t accept clients with less than $200,000 or (much) more in their portfolio. On the other hand, some robo-advisors are accessible with as little as $1,000, with others not having a minimum balance requirement at all.

Using a robo-advisor is easy, with investors simply filling out a detailed questionnaire indicating their investment goals and objectives. The entire process is automated, with the robo-advisor using a sophisticated algorithm to determine the best investments for your situation based on your preferences indicated on the questionnaire.

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