Our process.

Unlike others, Legion is a quantitative investment firm.

Quantitative investing is utilized by the world's most successful hedge funds such as Two Sigma, Renaissance Technologies, and AQR Capital. A typical investment with these firms requires an upfront commitment of millions of dollars. 

We built Legion in order to make quantitative investing more accessible with no minimum commitments, no lock up periods, and a level of transparency unparalleled in the industry.

Legion's process
for developing an investment strategy.

Step 1:

Identify a pattern.

Legion's research team is combing through hundreds of publications and thousands of research papers to look for methods that can identify patterns that 'predict' the movement of certain securities or groups of securities.

Step 2:

Acquire the data.

Once we've identified a pattern, we go and license the datasets necessary to further validate if the pattern has the potential to be deemed an investment strategy. 

There are tens of thousands of datasets available to Legion's investment strategies. Often times the same type of data can have meaningful differences depending on the provider and testing is required for each one to make sure we're getting the best outcomes.

Step 3:

Develop and test.

The Legion team then develops the algorithms behind the investment strategy and deploys it to the Legion platform. Our team then analyzes how it would have played out retrospectively using historical data. This is called backtesting.

For this to be accurate, the implementation must be tuned so that the historical data is only incorporated after the investment strategy has made its decisions.

Step 4:

αlpha deployment

We then privately test the investment strategy to validate how it interacts in live trading. 

Once it's proven to meet it's intended investment objective, we launch the strategy onto the Legion App for all of our clients to invest in.

Step 5:

Launch an investment strategy.

Once an investment strategy is launched, it must continue to meet or exceed its underlying investment objective.

The Legion team will continuously add/remove/modify the algorithm and data sources in order to maintain the investment objective. You don't have to do anything.

If an investment strategy no longer meets our standards, we will elect to discontinue the strategy and return investor's money back to their accounts.

See even more details.

Each investment strategy is unique in its construction. We explain each investment strategy's investment philosophy, the systems and datasets it relies on, and how a hedge is constructed in the strategy factsheets.

You're in good company. People who work here also invest with Legion.

Key Facts

Legion Global Capital Management LLC, d/b/a Legion Invest, is an SEC registered investment advisor. Legion Invest is a subsidiary of Legion Invest Co, a Delaware corporation.

By using this website, you accept our Terms of Use and Privacy Policy. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Legion’s investment advisory services.


Refer to Legion’s Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Legion’s fees. The rate of return on investments can vary widely over time. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Legion’s Clients by Embed Clearing, an SEC registered broker-dealer and member FINRA/SIPC. 

Legion Invest provides investment advisory services to U.S. retail investors exclusively through a technology platform offered only through our mobile application and website (the “Platform”). Legion is a technology company that owns and maintains the Platform through which advisory clients receive investment recommendations in various quantitative investment strategies based on a detailed questionnaire that clients complete at onboarding.


Our recommendations are based solely upon the information provided by each client via the Platform. As such, the suitability of our investment recommendations is limited by and relies on the accuracy and completeness of the information provided by each client. The only type of restrictions a client may impose on the portfolio is the degree of risk level (conservative, moderate and aggressive growth) and the amount of funds invested in each investment strategy.


For a description of fees and other important information please see Form ADV 

All investing is subject to risk, including the possible loss of the money you invest. Diversification, automatic investing and rebalancing strategies do not ensure a profit and do not protect against losses.


Past performance is no guarantee of future results, and any historical returns, expected returns, or probability projections may not reflect actual future performance.


For more information, see our disclosures.


© Copyright 2022 Legion Invest Co. All Rights Reserved.