Disclosures

Firm Registration

Legs Financial, LLC is a registered investment adviser with the State of North Carolina. Our firm CRD number is 331204. Registration as an investment adviser does not imply any particular level of skill or training, and does not constitute an endorsement by any regulatory authority.

Our Form ADV Part 2A, the firm’s disclosure brochure, is available at any time on the SEC’s Investment Adviser Public Disclosure website: view Legs Financial on IAPD (opens in a new tab). Our Form ADV Part 2B, the brochure supplement for Michael A. Davis, is available upon request. We deliver both documents to clients before or at the start of an engagement, with updates provided as required by law.

Nature of Services

Legs Financial provides fee-only, flat-fee fiduciary financial planning and investment advisory services. Our services are described in detail in our Form ADV Part 2 and in client agreements. We do not receive commissions, referral fees, or compensation from third parties in connection with client recommendations.

We coordinate with your CPA, attorney, and other professionals as part of an integrated planning approach. We do not prepare tax returns, file tax documents, or draft legal instruments. Decisions about your specific situation should always involve qualified professionals in the relevant disciplines.

Fiduciary Duty

As a registered investment adviser, Legs Financial owes a fiduciary duty to its clients. This means we are legally and ethically obligated to act in your best interest at all times, to disclose any material conflicts of interest, and to seek best execution on your behalf. Our flat-fee compensation structure is designed to reduce or eliminate commission-based conflicts.

Website Content: No Investment Advice

The information provided on this website is for general educational purposes only. Nothing on this site constitutes:

• Investment advice or a recommendation to buy, sell, or hold any security;
• Tax, accounting, or legal advice;
• An offer or solicitation to provide advisory services in any jurisdiction where such offer would be unlawful; or
• A guarantee or prediction of future investment performance.

Information on this site is provided “as is” without warranties of any kind, express or implied. Legs Financial does not warrant that the information will be free from error or that it is suitable for any particular purpose. Your use of the information is at your sole risk. Use of this website or contacting us through it does not create an advisory relationship.

No Liability for Website Content

To the fullest extent permitted by applicable law, Legs Financial, LLC disclaims all liability for any direct, indirect, incidental, special, consequential, or exemplary damages arising from your use of, or inability to use, the content on this website, including any reliance placed on such content, even if advised of the possibility of such damages. This limitation applies whether the claim is based in contract, tort, negligence, strict liability, or any other legal theory.

Past Performance

Past investment performance is not a guarantee, indicator, or predictor of future results. All investing involves risk, including the potential loss of principal. There is no guarantee that any strategy discussed on this website will be successful or achieve its stated objectives.

Forward-Looking Statements

Some content on this website may contain forward-looking statements, projections, or hypothetical illustrations. These are based on assumptions that may not materialize and should not be relied upon as predictions of actual outcomes. Actual results will vary and may be materially different from any projections shown.

Third-Party Links and Resources

This website may include links to third-party websites, publications, or resources. These links are provided for informational convenience only. Legs Financial does not endorse, control, or assume responsibility for the content, accuracy, or practices of any linked third-party site. Access to any linked site is at your own risk.

Scope of Registration

Legs Financial, LLC is registered as an investment adviser in the State of North Carolina. This website does not constitute an offer to provide investment advisory services in any jurisdiction where we are not appropriately registered or exempt from registration.

Social Security, Medicare, and Benefits Programs

Legs Financial is not affiliated with, endorsed by, or acting on behalf of the Social Security Administration, Medicare, Medicaid, or any other federal or state benefits program. Information on this website regarding SSI, SSDI, Medicaid, Medicare, ABLE accounts, and Special Needs Trusts is provided for general educational purposes. Benefits rules are complex and change frequently. Always verify current rules with the applicable agency or a qualified benefits counselor.

Conflicts of Interest and Community Affiliations

Legs Financial’s principal, Michael A. Davis, maintains active volunteer and leadership roles with several community organizations serving the disability community, including the Guilford Regional Tennis Association (GRETA), the Abilities Tennis Association of North Carolina (ATANC), and the Greensboro Mayor’s Committee for Persons with Disabilities. He also presents educational webinars and seminars for other organizations in the disability community. The firm donates to and sponsors some related nonprofits. We are proud to support these organizations and recognize that our community involvement overlaps with our advisory client base.

To manage this potential conflict of interest, we do not pay or accept referral fees, split fees with these organizations, or receive compensation from them. These organizations do not endorse Legs Financial. When we speak or exhibit at events, we say that we are financial planners.

A complete description of our material conflicts of interest, and the steps we take to manage them, is available in our Form ADV Part 2. Clients and prospective clients are encouraged to review that document carefully and to ask questions about any conflicts relevant to their situation.

Professional Designations

Michael A. Davis holds the CERTIFIED FINANCIAL PLANNER® certification, also called CFP® certification. He also holds the Chartered Special Needs Consultant® (ChSNC®) and Retirement Income Certified Professional® (RICP®) designations from The American College of Financial Services.

Contact Us

Questions about these disclosures or our advisory services should be directed to:

Michael A. Davis, CFP® ChSNC® RICP®
Legs Financial, LLC
Greensboro, North Carolina
(336) 265-6252
hello@legsfinancial.com