Firm profile

Masters Legacy Planning

LINWOOD, NJCRD 296314Registration Status: ApprovedEffective since July 25, 2018SEC # 801-113681Latest ADV March 3, 2026

Masters Legacy Planning is an SEC registered investment adviser organized as a limited liability company with a primary office location in Linwood, NJ. Its latest Form ADV filing, dated March 3, 2026, reports $248M in regulatory assets under management, 5 employees, 1 office, and 328 accounts.

Assets Under Management
$248M
Employees
5
Offices
1 office
Total Clients
146

Associated firm names

2 names listed
  • MASTERS LEGACY PLANNING
  • MLP3, LLC

Leadership

1 roles identified
CCORachel E. Housel

Advisory services offered

4 types reported
Financial Planning Services
Other advisory services
Portfolio management for individuals and small businesses

Fee models offered

3 types reported
Asset based fees
Fixed fees
Other fee arrangements

Offices & Contact

Primary office

LINWOOD, New Jersey, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

New Jersey

LINWOODPrimary office

1 office records listed · 1 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$248Mas of March 3, 2026
Discretionary100.0%
$248M
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentIndividuals represent 63.0% of total clients.
Top client categories% of clientsClients
1
Individuals
63.0%
92
2
HNWI
32.2%
47
3
Corporations
4.8%
7
Categories with <5 clients
Charitable Organizations<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$248M
Total Accounts328
10Y AUM Change+$248M

Private Funds

Private funds reported by Masters Legacy Planning

Loading private fund disclosures…

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees5
Clients per Employee29:1
10Y Employee Change+1 (+25.0%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
WATERWAY HOLDINGS GROUP LPDirect owner · Schedule AInterest in MASTERS LEGACY PLANNING
75%+
TODD CHRISTOPHER CHAMBERLAINDirect owner · Schedule AInterest in MASTERS LEGACY PLANNING
< 5%
TSCAPS IRREVOCABLE TRUSTDirect owner · Schedule AInterest in MASTERS LEGACY PLANNING
< 5%
SARAH ELIZABETH CHAMBERLAINIndirect owner · Schedule BInterest in TSCAPS IRREVOCABLE TRUST
75%+
TODD C CHAMBERLAIN REVOCABLE TRUSTIndirect owner · Schedule BInterest in WATERWAY HOLDINGS GROUP LP
75%+
TODD CHRISTOPHER CHAMBERLAINIndirect owner · Schedule BInterest in TODD C CHAMBERLAIN REVOCABLE TRUST
75%+

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Masters Legacy Planning.

Reported ownership and control details

Form ADV · Filing date 2026-03-03 · Schedules A and B

7 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1RACHEL EILEEN HOUSELCHIEF COMPLIANCE OFFICERIndividualMASTERS LEGACY PLANNINGLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER04/2018Schedule APDF page 20
2TODD CHRISTOPHER CHAMBERLAINMANAGING MEMBERIndividualMASTERS LEGACY PLANNINGLess than 5%Code NAYesMANAGING MEMBER02/2018Schedule APDF page 20
3TSCAPS IRREVOCABLE TRUSTOWNERDomestic entityMASTERS LEGACY PLANNINGLess than 5%Code NAYesOWNER06/2017Schedule APDF page 20
4WATERWAY HOLDINGS GROUP LPOWNERDomestic entityMASTERS LEGACY PLANNING75% or moreCode EYesOWNER01/2023Schedule APDF page 20
5SARAH ELIZABETH CHAMBERLAINTRUSTEEIndividualTSCAPS IRREVOCABLE TRUST75% or moreCode EYesTRUSTEE06/2017Schedule BPDF page 20
6TODD C CHAMBERLAIN REVOCABLE TRUSTOWNERDomestic entityWATERWAY HOLDINGS GROUP LP75% or moreCode EYesOWNER01/2024Schedule BPDF page 20
7TODD CHRISTOPHER CHAMBERLAINTRUSTEEIndividualTODD C CHAMBERLAIN REVOCABLE TRUST75% or moreCode EYesTRUSTEE04/2018Schedule BPDF page 21

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 3/3/2026 11:28:07 AM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.