Going to a financial planner or a wealth management advisor can be similar to going to a physician. “If you go to a physician, before you meet with the doctor you have to fill out paperwork with your medical history, the same thing happens with us," explained Rick Levin, Senior Vice President of Legacy Wealth Partners (LWP). "Just like a physician shouldn’t solely focus on a patient’s vitals, we go beyond a client’s financials and first get to know them emotionally and learn what’s important to them.”
An Agency of Massachusetts Mutual Life Insurance Company, Legacy Wealth Partners’ local presence was established in 1996 by Gary Levin. When he retired in 2016, he was succeeded as president by his son Michael Levin. A financial services firm that offers holistic financial planning and wealth management solutions, LWP’s mission is to provide the best environment resources, and platform for holistic financial planners so that their practices can experience exponential growth. LWP has experienced exponential growth under the tenure of both presidents, as it now has “over 15+ offices across the state of Florida and even a couple out of the state,” said Levin. “As of last year, our total client base is over 38,000 clients1 with total assets under administration exceeding $3 Billion2 and over $8 Billion3 of life insurance coverage in force.”
LWP attributes its growth to their relationships, both with clients and their financial professionals. “My Father focused on quality relationships with everybody, staying true to his word, and doing right by people. My brother has done exactly the same thing,” Levin said, referring to his brother Michael, the company’s current president. With its abundance of resources and family centered culture, the company is uniquely equipped to serve clients. Dedicated to serving each client’s unique needs, Levin explained “We want to make sure that we’re addressing the priorities that they have on their end. It’s not a cookie cutter process where everyone is treated the same because everyone is unique and, quite frankly, there are different things that are keeping them up at night.” Through sound financial planning, LWP is helping people put their financial house on a solid foundation for the future.
In the community, LWP is Involved with numerous local and charitable organizations including the National Pediatric Cancer Foundation (NPCF). Getting involved in that foundation's "Cut and Color Funds the Cure" event, LWP's president went all-in!
“My brother Michael actually shaved his head this year for that cause and personally was able to raise over 80,000 dollars for the cause,” Levin said proudly.
When asked about their tenure as a member of the Tampa Bay Chamber since the late 1990’s, Levin called it a rewarding experience. “We’ve been active in the Chamber for many, many years now, and we’ve seen it as a very rewarding relationship in our ability to connect with local business owners and cultivate new relationships."
1 An owner of a MassMutual policy or contract
2 As of 12/31/2022 our firm’s total Assets Under Administration (AUA) were $3,107,466,762. This reflects the market value of non-advisory investment programs and accounts offered through our registered representatives of MML Investors Services, LLC, in its capacity as a broker/dealer. This also includes the annuity contract values and life insurance cash values of insurance products sold or services by insurance agents/brokers associated with our firm. This value will fluctuate based on changes in market conditions, inflows and outflows of client monies, and other factors, and does not reflect the impact of fees, expenses, or taxes that may apply to the purchase, redemption, or transfer of underlying investments, accounts, contracts, or policies. MML Investors Services, LLC is a broker/dealer, Member SIPC. Annuity and Life Insurance values may be associated with various insurance carriers.
3 Amount of individual life insurance in force as of 12/31/22 related to products issued by Massachusetts Mutual Life Insurance Company and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company.
Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC, Member SIPC (www.sipc.org). Supervisory office: One Urban Center, 4830 West Kennedy Boulevard, Suite 800, Tampa, FL, 33609, (813)286-2280. CRN202606-4606749