# Concorde Asset Management, LLC

> Concorde Asset Management, LLC is an SEC-registered investment advisory firm in Ann Arbor, MI, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 24, 2026.

- CRD: 140367
- Filed as: CONCORDE ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Ann Arbor, MI
- Filing period: October 2026
- Form ADV filing dated: July 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140367
- AdvisorCensus page: https://advisorcensus.com/firm/concorde-asset-management-llc-ann-arbor-mi-140367

## Quick answers

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

**Where is Concorde Asset Management, LLC located?**
Concorde Asset Management, LLC's principal office is in Ann Arbor, MI, according to its Form ADV; the August 2026 filing also lists 30 other offices (Schedule D, Section 1.F).

**Is Concorde Asset Management, LLC registered with the SEC or a state?**
Concorde Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 140367.

**How much does Concorde Asset Management, LLC manage?**
Concorde Asset Management, LLC reports $598,360,368 in regulatory assets under management in its Form ADV filing dated July 24, 2026 (98% discretionary).

**How have Concorde Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Concorde Asset Management, LLC: Regulatory assets under management: $407,125,151 in the October 2021 data and $598,360,368 in the October 2026 data, up 47%. Total employees: 70 in October 2021 and 76 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Concorde Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,651); high net worth individuals (38); pension and profit sharing plans (but not the plan participants or government pension plans) (8).

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

**Does Concorde Asset Management, LLC report any disciplinary disclosures?**
Reports 6 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), 11.D(3) (another regulator's finding of causing a business's authorization to be denied, suspended, revoked, or restricted), 11.D(4) (another regulator's order in the past ten years), 11.D(5) (another regulator's denial, suspension, or revocation of a registration or license, bar, or restriction), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140367

**What changed in Concorde Asset Management, LLC's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab
- Pershing, 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: $598,360,368
- Discretionary: $584,439,493
- Non-discretionary: $13,920,875

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,651 | $441,845,453 |
| High net worth individuals | 38 | $150,224,199 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $850,335 |
| Charitable organizations | 1 | $405,820 |
| Corporations or other businesses not listed above | 7 | $5,034,561 |

### 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 76 total, 67 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY
- Disclosures (Item 11): Reports 6 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(3): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.D(5): Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140367

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Denver, CO
- El Segundo, CA
- Escanaba, MI
- Farmington Hills, MI
- Fort Wayne, IN
- Hanford, CA
- Irvine, CA
- Kewaskum, WI
- Kingsburg, CA
- Mason City, IA
- Maumee, OH
- New York, NY
- Noble, OK
- Norman, OK
- Palm Beach Gardens, FL
- Racine, WI
- Roseville, CA
- San Diego, CA
- San Francisco, CA
- San Marcos, CA
- Scottsdale, AZ
- Seattle, WA
- Setauket, NY
- Shelby Township, MI
- Taylor, TX
- Toledo, OH
- Valencia, CA
- Vancouver, WA
- West Linn, OR
- Williston, ND

### Websites listed on Form ADV (Item 1.I)
- concordeevents.com
- concordeis.com
- LinkedIn @5403110
- YouTube @ConcordeInvestmentServices
- YouTube @UCfDegL3LiNBq1E-demS6gVA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $407,125,151 | 70 | September 27, 2021 |
| October 2022 | $376,502,473 | 67 | August 24, 2022 |
| October 2023 | $305,690,467 | 74 | June 23, 2023 |
| October 2024 | $395,111,243 | 82 | July 31, 2024 |
| October 2025 | $489,858,232 | 79 | April 15, 2025 |
| October 2026 | $598,360,368 | 76 | July 24, 2026 |

Regulatory assets under management: $407,125,151 in the October 2021 data and $598,360,368 in the October 2026 data, up 47%.
Total employees: 70 in October 2021 and 76 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 64 to 67.
- Regulatory assets under management went from $489,858,232 to $598,360,368 (+22%).
- Changed its office addresses in Roseville, CA.
- Added an office in Denver, CO.
- Added an office in Kingsburg, CA.
- Added an office in Norman, OK.
- Added an office in San Diego, CA.
- No longer lists an office in Bel Air, MD.
- No longer lists an office in Sacramento, CA.
- No longer lists an office in Saratoga Springs, NY.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Concorde Asset Management, LLC (CRD 140367): Form ADV filing data as of October 2026.