# Concord Wealth Partners

> Concord Wealth Partners is an SEC-registered investment advisory firm in Abingdon, VA, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 14, 2026.

- CRD: 118643
- Filed as: CONCORD WEALTH PARTNERS
- Also doing business as: CAVENESS WEALTH ADVISORY, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Abingdon, VA
- Filing period: October 2026
- Form ADV filing dated: March 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118643
- AdvisorCensus page: https://advisorcensus.com/firm/concord-wealth-partners-abingdon-va-118643

## Quick answers

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

**How much does Concord Wealth Partners charge?**
Its Form ADV Part 2A brochure dated March 13, 2026 states: Flat fee: $500 to $10,000 (financial planning services); Hourly rate: $150 to $300 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Concord Wealth Partners located?**
Concord Wealth Partners' principal office is in Abingdon, VA, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Concord Wealth Partners registered with the SEC or a state?**
Concord Wealth Partners is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 118643.

**How much does Concord Wealth Partners manage?**
Concord Wealth Partners reports $1,069,864,356 in regulatory assets under management in its Form ADV filing dated March 14, 2026 (100% discretionary).

**How have Concord Wealth Partners' assets and staff changed since 2021?**
In the Form ADV data for Concord Wealth Partners: Regulatory assets under management: $423,895,845 in the October 2021 data and $1,069,864,356 in the October 2026 data, up 152%. Total employees: 11 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Concord Wealth Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (974); high net worth individuals (258); pension and profit sharing plans (but not the plan participants or government pension plans) (17).

**Which custodians does Concord Wealth Partners use?**
Concord Wealth Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Concord Wealth Partners 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/118643

**What changed in Concord Wealth Partners' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $945,957,742 to $1,069,864,356 (+13%). Changed its office addresses in Roanoke, VA. Registered or notice-filed in AZ, GA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 13, 2026)

- Flat fee: $500 to $10,000 (financial planning services)

> Depending on the arrangements made at the inception of the advisory relationship, we may charge either a fixed or an hourly fee for financial planning services. Financial planning fees generally range from $500 to $10,000.

- Hourly rate: $150 to $300 an hour (financial planning services)

> Hourly fees range from $150 to $300 per hour. The fee charged is dependent upon the complexity of the services required and the persons providing the services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $1,069,864,356
- Discretionary: $1,069,864,356
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 974 | $323,597,581 |
| High net worth individuals | 258 | $691,322,600 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 17 | $31,512,248 |
| Charitable organizations | 5 | $1,861,396 |
| Other investment advisers | 9 | $1,382,564 |
| Corporations or other businesses not listed above | 11 | $20,187,967 |

### Advisory services (Item 5.G)
- Financial planning services
- 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: 2014 (12 years)
- Employees: 20 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, GA, LA, MA, MD, MN, NC, NH, NJ, NY, OH, PA, RI, SC, TN, TX, VA, WA, WI, WV
- 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
- Charlottesville, VA
- Roanoke, VA
- Rockville, MD
- Woodbury, MN
- Worcester, MA

### Websites listed on Form ADV (Item 1.I)
- cavenessadvisory.com
- concordwealthpartners.com
- custom.concordwealthpartners.com
- lopezwealth.com
- Facebook @ConcordWealth
- Facebook @LOPEZ-WEALTH-MANAGEMENT-LLC-1581516532079276
- Instagram @concordcwg
- LinkedIn @LOPEZ-WEALTH-MANAGEMENT-GROUP
- YouTube @UCefPz8pCfQSJQsh60yJzhzw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $423,895,845 | 11 | March 25, 2021 |
| October 2022 | $770,145,460 | 16 | March 31, 2022 |
| October 2023 | $693,837,832 | 17 | September 22, 2023 |
| October 2024 | $806,605,242 | 18 | July 29, 2024 |
| October 2025 | $945,957,742 | 15 | May 30, 2025 |
| October 2026 | $1,069,864,356 | 20 | March 14, 2026 |

Regulatory assets under management: $423,895,845 in the October 2021 data and $1,069,864,356 in the October 2026 data, up 152%.
Total employees: 11 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $945,957,742 to $1,069,864,356 (+13%).
- Changed its office addresses in Roanoke, VA.
- Registered or notice-filed in AZ, GA.

### November 2025
- No longer lists the business name Caveness Investment Advisory, LLC.
- Added the business name Caveness Wealth Advisory, LLC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Concord Wealth Partners (CRD 118643): Form ADV filing data as of October 2026.