FAQ
Do you only work with pastors?
Pastors and ministry leaders are our primary focus, and much of our advisory framework is built around the financial structure of pastoral life — including housing allowance coordination, clergy tax considerations, and ministry-based compensation.
We also serve a limited number of individuals and families who value a planning-centered, fiduciary advisory relationship and whose needs align with our expertise.
What makes Legacy Path Advisors different from other financial advisors?
We specialize in the financial realities unique to pastors and ministry leaders. Compensation structure, housing allowance treatment, and clergy tax rules require coordinated planning that many general advisory firms do not regularly encounter.
Our advisory relationships are built around ongoing financial planning that integrates investment management, tax awareness, and retirement strategy within one structured framework.
Where are my investments held?
Client investment accounts are typically held with Altruist, our primary independent custodian. Altruist provides secure account custody, transaction processing, performance reporting, and online access to your accounts.
As an independent Registered Investment Advisor, Legacy Path Advisors does not take custody of client funds. Assets are held at the custodian in your name, and you receive statements directly from the custodian.
We may provide planning guidance on outside accounts when appropriate. However, assets managed under our ongoing advisory relationship are generally maintained with our primary custodian to ensure consistent oversight and fee administration.
Are you discretionary or non-discretionary?
Investment management is provided on a discretionary basis within agreed-upon guidelines. This allows timely rebalancing and adjustments without requiring approval for every transaction.
All portfolio strategy is discussed and agreed upon in advance.
Do you help with housing allowance and clergy taxes?
Yes. Housing allowance coordination and clergy-specific tax awareness are integrated into our planning process.
We review tax returns annually and coordinate strategy decisions with your CPA or tax professional as needed.
We do not prepare tax returns.
Do you coordinate with my CPA or attorney?
Yes. We regularly coordinate with other professionals involved in your financial life to ensure planning decisions are aligned.
We do not provide legal services or draft legal documents.
What types of investments do you use?
Portfolios are constructed using diversified, disciplined investment models aligned with your objectives, time horizon, and risk tolerance.
Our investment approach emphasizes long-term discipline over short-term market headlines.
How often do we meet?
Most clients participate in two structured planning meetings per year — an annual comprehensive review and a mid-year alignment check-in.
Additional meetings are scheduled when significant financial, ministry, or life decisions arise.
Ongoing guidance and communication occur throughout the year.
How are you compensated?
Legacy Path Advisors is compensated directly by the clients we serve. We do not receive commissions or product-based compensation.
Our ongoing advisory relationship begins with a minimum monthly fee of $200, which includes financial planning and investment management for portfolios up to $240,000.
For portfolios exceeding that level, an additional asset-based advisory fee applies to the portion of assets above $240,000 and is billed quarterly in arrears.
Full details are available on our Fees & Process page.
What does fee-only mean?
Fee-only means we are compensated solely by our clients. We do not receive commissions, referral fees, or third-party incentives from financial products.
This structure supports objective, fiduciary advice aligned with your interests.
Do you have a minimum asset requirement?
We do not publish a specific minimum. Advisory relationships are evaluated based on overall planning needs, complexity, and fit. Most ongoing advisory relationships begin at $200 per month.
Do I need to move all of my accounts?
Assets managed under our ongoing advisory relationship are typically maintained with our primary custodian to ensure consistent oversight and fee administration.
We can provide planning guidance on outside accounts when appropriate.
How does the advisory relationship begin?
The process begins with an introductory conversation to determine whether our advisory approach is a good fit. If we decide to move forward, we outline next steps and provide a clear engagement agreement before any advisory services begin.
What is the Pastor Retirement Checkup?
The Pastor Retirement Checkup is a one-time focused financial review designed to help you understand whether you are on track for retirement.
It includes retirement projections, investment alignment, Social Security considerations, and clergy-specific planning factors such as housing allowance awareness.
This engagement is designed to provide clarity and next steps, not ongoing advisory oversight. Many pastors begin with a Retirement Checkup before deciding whether an ongoing advisory relationship is the right next step.