Form ADV Part 2 is our primary disclosure document. It describes our business practices, fees, investment strategies, risks, and potential conflicts of interest. All clients receive this document before or at the start of the advisory relationship. It is updated annually or upon material changes.
Download Form ADV Part 2Legacy Investment Advisors · February 2026Legacy Investment Advisors is a trade name of Andrew C. Robinson, a sole proprietorship registered as an investment adviser with the State of Hawaii Division of Financial Institutions. IAR CRD Number: 340780.
Registration as an investment adviser does not imply a certain level of skill or training, and does not constitute approval or endorsement by the State of Hawaii or any other regulatory authority.
Additional information about Legacy Investment Advisors is available on the SEC's Investment Adviser Public Disclosure website at www.advisorinfo.sec.gov.
All investing involves risk, including the possible loss of principal. The Active Harvest strategy is an active, automated trading strategy that carries risks specific to its approach, including but not limited to:
Market risk: Securities prices may decline due to economic, market, or company-specific conditions. Clients may lose some or all of their investment.
Automated trading risk: The strategy relies on technology including API connectivity, software, and data feeds. Technical failures, connectivity issues, or data errors may result in delayed or missed trades.
Strategy risk: The strategy may underperform in certain market conditions, including trending markets, low-volatility environments, or periods of unusual market behavior.
Short-term trading risk: Frequent trading may result in higher transaction costs that reduce net returns. Short-term capital gains may have tax implications in taxable accounts.
Any backtested or hypothetical performance results shown in marketing materials are provided for informational purposes only. Hypothetical performance results have inherent limitations and do not represent actual trading results. They are prepared with the benefit of hindsight and may not reflect the impact of material economic or market factors.
Past performance — actual or hypothetical — is not a guarantee or reliable indicator of future results. Actual client results may differ materially from any hypothetical performance shown due to factors including but not limited to: timing of account funding, position sizing differences, slippage, commissions, taxes, and market conditions at the time of trading.
Hypothetical performance results shown reflect a backtested period from November 18, 2025 through February 13, 2026 (90 days). Commission assumption: $1.00 per order. Slippage assumption: 2 ticks per order. Results are shown net of the 1.5% annual advisory fee (~0.375% for the 90-day period). Benchmark comparison uses same-stock buy-and-hold performance over the identical period.
As a registered investment adviser, Legacy Investment Advisors operates under a fiduciary standard — a legal requirement to act in each client's best interest at all times. This includes the duty of loyalty (placing client interests before our own) and the duty of care (providing advice based on reasonable inquiry into each client's financial situation and objectives).
The fiduciary standard is a legal obligation, not a guarantee of investment performance or protection from loss.
Legacy Investment Advisors does not maintain custody of client assets. All client assets are held at Interactive Brokers (IBKR), an independent third-party custodian. Clients receive statements directly from IBKR and retain full ownership and control of their accounts. The adviser holds limited trading authority only.
Questions about these disclosures or our Form ADV may be directed to:
Andrew C. Robinson
Legacy Investment Advisors
91-1367 Kaikohola St, Ewa Beach, HI 96706
Phone: (808) 699-5945
Email: andrew@legacyinvestmentadvisor.com