CONCORD ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 2020
Total AUM
$639M
Discretionary
$639M
100% of AUM
Avg account
$387K
Accounts
1,653
Employees
2
Advisory reps
2

Firm details

Headquarters
ABINGDON, Virginia
CRD number
310710
Registered since
November 4, 2020
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • Other Investment Advisers100%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Concord Asset Management, LLC is an SEC-registered investment adviser that began reporting in 2020 and operates as a limited liability company. The firm positions itself as a capital allocator serving primarily institutional clients while also providing portfolio management for individuals, small businesses, and institutions. Its service mix includes discretionary portfolio management and selection of third‑party advisers. Fee arrangements combine percentage-of-AUM and fixed fees. Concord is not characterized as an active ESG investor and does not act as a multistate adviser; it identifies as a related adviser in its filings.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 52%, Exchange Traded Equities 42%, Cash & Cash Equivalents 3%, State & Local Bonds 2%, US Government Bonds 1%52%
  • Public Funds/Mutual Funds52%
  • Exchange Traded Equities42%
  • Cash & Cash Equivalents3%
  • State & Local Bonds2%
  • US Government Bonds1%

Owners & executives

1 of 1
  • GARY AIKEN

    Chief Investment OfficerCRD 5966206

Contacts

1 of 1
  • JONATHAN WEATHERLY

    Partner, Wealth AdvisorCRD 4811385

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 53

Active vs passive

$547M in ETFs

Passive

81%

$442M

Active

18%

$105M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO DEVELOPED WORLD EX-US ETF (SPDW)State StreetPassiveForeign Large Blend$34.1M747,9926.24%

Location

Primary office

ABINGDON, VA

WASHINGTON

Location

ABINGDON, VA

Headquartered in ABINGDON, VA, anchoring the Johnson City-Kingsport-Bristol, TN-VA metro in the South.

Metro area
Johnson City-Kingsport-Bristol, TN-VA
Region
South
County
WASHINGTON
Address
955 W Main St
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth