Legacy Asset Management, Inc.
How we got $1.5M
Based on its 3 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 36% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LEGACY ASSET MANAGEMENT, INC. this business | $1.5M | — |
| FINANCIAL PLANNING CENTER, INC Oklahoma City · 6 employees | $2.8M | 0.1 mi |
| NORICK INVESMENT COMPANY, LLC Oklahoma City · 2 employees | $1.3M | 0.7 mi |
| NITHMAN FINANCIAL GROUP, INC Oklahoma City · 3 employees | $2.1M | 0.9 mi |
| INVESTMENT CONCEPTS AND FINANCIAL PLANNING SERVICES, INC. Oklahoma City · 3 employees | $1.4M | 1.0 mi |
| SWEENEY ASSET MANAGEMENT LLC Oklahoma City · 1 employees | $721K | 1.1 mi |
| PAYNE INVESTMENT GROUP Oklahoma City · 4 employees | $2.6M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $995K |
| Estimate: the two combined (geometric mean) | $1.5M |
| EBITDA margin (industry, adjusted for size) | 35% |
| EBITDA = revenue × margin | $521K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.5M |
| Multiple for this size and industry | 2.8× |
| Value range | $767K – $2.0M |
| Revenue range | $967K – $1.7M |
| EBITDA range | $343K – $594K |
| Industry (NAICS) | Other financial investment activities (523920) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingFirst Fidelity BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| First Fidelity Bank PPP 2020 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $29K | 3 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Legacy Asset Management, Inc.
Legacy Asset Management, Inc. is a financial advisors company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.5M, with roughly $521K of EBITDA. It has about 3 employees. Its estimated business value is $1.5M (likely range $767K–$2.0M).
Common questions
- Who owns Legacy Asset Management, Inc.?
- The owner of Legacy Asset Management, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Legacy Asset Management, Inc. make?
- SeeBITDA estimates Legacy Asset Management, Inc.'s annual revenue at about $1.5M (likely between $967K and $1.7M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Legacy Asset Management, Inc. worth?
- About $1.5M, roughly 2.8× its estimated EBITDA of $521K, typical for a financial advisors company its size. Likely range: $767K–$2.0M.
- How many employees does Legacy Asset Management, Inc. have?
- About 3, as reported on its PPP loan.
- When was Legacy Asset Management, Inc. founded?
- Legacy Asset Management, Inc. has been in business since 1998.