Legacy Wealth Management is a wealth management practice in Grosse Pointe Woods, MI. The firm provides investment and wealth management services to individuals, families, business owners, and institutional clients, with a stated focus on affluent families, entrepreneurs, and business executives whose financial needs extend well beyond day-to-day portfolio management. Service offerings include custom asset management, insurance planning, cash management, wealth preservation, estate and legacy planning, charitable gifting strategies, coordination with tax and legal professionals, family financial education, next-generation planning, executive benefit review, and business-owner services such as succession and exit strategies, balance sheet analysis, and concentrated equity ownership planning.
Founded in 1998 by partners Thomas Buhl and Kenneth Fruehauf, the practice has grown from two founders to five partners and an additional seventeen financial professionals. The firm's roots trace back to the 1800s in Detroit, with the partners describing themselves as thought leaders, industry veterans, and community advocates. Beyond its Grosse Pointe offices, the firm maintains locations in St. Clair Shores, Michigan, Scottsdale, Arizona, Denver, Colorado, and Las Vegas, Nevada. The practice states that it operates as a family office team bringing institutional experience, financial knowledge, and dedicated client service to clients, and that it works to coordinate legal, tax, estate, and business advisors on behalf of the families it serves.
The office is located on Notre Dame Street in Grosse Pointe Woods, less than a quarter mile from Maire Elementary School and the Neighborhood Club, about two-tenths of a mile from Elworthy Field, and roughly half a mile from Mack Avenue and the Grosse Pointe fire and police stations.
The firm's named partners, Ken Fruehauf and Tom Buhl, have been recognized on the Forbes Best-in-State Wealth Advisors and Best-in-State Wealth Management Teams lists across multiple years between 2019 and 2025, and on the Barron's Top 1,200 Financial Advisors list in 2019, 2020, 2021, and 2022.
Serving Grosse Pointe families across multiple generations since 1998, Legacy Wealth Management operates as a multi-office practice coordinating legal, tax, and investment advice for clients across Michigan, Arizona, Colorado, and Nevada.
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