Concorde Financial Resources, LLC is a large advisory firm based in Wilkesboro. It manages $111.53 million of regulatory assets for 366 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Colorado, Florida, North Carolina, South Carolina, and Texas.
Concorde Financial Resources provides portfolio management for individuals and small businesses and publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Concorde Financial Resources, LLC is $111.53 million. The firm's AUM has grown by 126% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Concorde Financial Resources, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Concorde Financial Resources is high net worth individuals with 31 clients and $58.36 million of assets under management. Among the 13 most similar advisory firms, Concorde Financial Resources has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $111.53 million for 186 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Concorde Financial Resources doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Concorde Financial Resources, LLC performs its advisory services is located at 1702 W Us Hwy 421, Suite P, Wilkesboro, NC 28697, which is also the mailing address of the firm. An additional office of the firm is in York, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 336-838-4100 or by fax 336-838-3033. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at concordefinancialresources.com.