Nicholas W. Hemsted

LEGACY FINANCIAL GROUP

Des Moines, IA 50312

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CRD#: 7456732

Professional summary

Nicholas William Hemsted, who also goes by Nick Hemsted, is a registered financial advisor currently at LEGACY FINANCIAL GROUP located in Des Moines, Iowa.

Nicholas is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2023. Nicholas has worked at 1 firm and has passed the Series 65 exam.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Nick Hemsted

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

Nicholas is a licensed life and health insurance agent with the State of Iowa. He is appointed with various insurance carriers providing insurance and fixed annuity products. licensed November 1, 2022. 6000 Grand Ave Ste B Des Moines, IA 50312. 5 hours a month during securities hours.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Nicholas William Hemsted's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

February 7, 2023 - Present

LEGACY FINANCIAL GROUP

Office #1: 6000 Grand Avenue Suite B, Des Moines, IA 50312

RIA

CRD#: 154927

Des Moines, IA

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

LEGACY FINANCIAL GROUP

CRD#: 154927 / SEC#: 801-79803

RIA

Registered Investment Advisory firm - (5/29/2014 Approved)

Iowa

Registered Investment Advisory firm - (6/2/2014 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Iowa
(2/7/2023)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 2/7/2023

Uniform Investment Adviser Law Examination

Current Firm

LEGACY FINANCIAL GROUP

CRD#: 154927 / SEC#: 801-79803

RIA

Registered Investment Advisory firm - (5/29/2014 Approved)

Iowa

Registered Investment Advisory firm - (6/2/2014 Terminated)

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Contact information

Main Address

6000 Grand Avenue Suite B, Des Moines, IA 50312

Mailing Address

Phone number

(515) 255-3306

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (18 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

ADV PART 2AB 2025.8.7 (10/22/2025)

Regulatory assets under management

Total Number of Accounts	3,763
AUM (Assets Under Management)	$ 840,400,934

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Nicholas W. Hemsted

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Nicholas William Hemsted's CRS (Customer Relationship Summary).

Certified licenses

Experience

LEGACY FINANCIAL GROUP

Primary Firm SEC Registration

LEGACY FINANCIAL GROUP

State Registrations and Notice Filings

Exams

Series 65

Date: 2/7/2023

Current Firm

LEGACY FINANCIAL GROUP

Contact information

SEC notice filing (18 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

LEGACY FINANCIAL GROUP

TRUST BUT VERIFY

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