# Concord Asset Management, LLC

> Concord Asset Management, LLC is an SEC-registered investment advisory firm in Abingdon, VA, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 19, 2026.

- CRD: 310710
- Filed as: CONCORD ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Abingdon, VA
- Filing period: October 2026
- Form ADV filing dated: March 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310710
- AdvisorCensus page: https://advisorcensus.com/firm/concord-asset-management-llc-abingdon-va-310710

## Quick answers

**How is Concord Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Concord Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Concord Asset Management, LLC located?**
Concord Asset Management, LLC's principal office is in Abingdon, VA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Concord Asset Management, LLC registered with the SEC or a state?**
Concord Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310710.

**How much does Concord Asset Management, LLC manage?**
Concord Asset Management, LLC reports $639,413,236 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

**How have Concord Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Concord Asset Management, LLC: Regulatory assets under management: $241,622,143 in the October 2021 data and $639,413,236 in the October 2026 data, up 165%. Total employees: 1 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Concord Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (9).

**Which custodians does Concord Asset Management, LLC use?**
Concord Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Concord Asset Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/310710

**What changed in Concord Asset Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $520,116,648 to $639,413,236 (+23%). Added an office in Rockville, MD. Registered or notice-filed in MD.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $639,413,236
- Discretionary: $639,413,236
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Other investment advisers | Fewer than 5 | $639,413,236 |
| Corporations or other businesses not listed above | 9 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2020 (5 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Glen Allen, VA
- Rockville, MD

### Websites listed on Form ADV (Item 1.I)
- concordassetmgmt.com/reach-us
- Facebook @concordassetmgmt
- LinkedIn @concord-asset-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $241,622,143 | 1 | September 23, 2021 |
| October 2022 | $379,741,251 | 4 | March 31, 2022 |
| October 2023 | $253,812,333 | 3 | July 17, 2023 |
| October 2024 | $406,040,358 | 2 | March 28, 2024 |
| October 2025 | $520,116,648 | 2 | March 24, 2025 |
| October 2026 | $639,413,236 | 2 | March 19, 2026 |

Regulatory assets under management: $241,622,143 in the October 2021 data and $639,413,236 in the October 2026 data, up 165%.
Total employees: 1 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $520,116,648 to $639,413,236 (+23%).
- Added an office in Rockville, MD.
- Registered or notice-filed in MD.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Concord Asset Management, LLC (CRD 310710): Form ADV filing data as of October 2026.