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Concorde Financial Resources

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Total assets under management

$230,956,657

Total clients

231

32% high-net worth

Total advisors

2

of 2 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

116

Average account size

$999,812

About

The firm provides investment supervisory services, general investment advice, and non‑securities financial guidance to individuals, families, trusts, estates, and charitable organizations, including portfolio management, retirement planning, insurance reviews, and occasional special projects. The majority of its revenue is from investment supervisory services and it manages roughly $231 million in client assets for a modest client base supported by two advisors.

Concorde’s investment approach centers on diversified, multi‑asset allocation using mutual funds, ETFs, bonds and other securities, combining a predominantly buy‑and‑hold strategy with tactical overlays guided by cyclical economic and interest‑rate analysis; mutual fund managers are selected for relative performance versus asset‑class benchmarks. Most accounts are managed on a discretionary basis, reviewed at least quarterly, and clients receive regular reports that show holdings, asset‑class breakdowns, and portfolio performance.

Noteworthy differences from many peers include that the firm’s advisors are also registered representatives of a single broker‑dealer and execute trades through that broker‑dealer while custody is maintained with a third‑party custodian, and the firm discloses receipt of 12b‑1 trailing commissions and other transactional compensation. The firm’s lead advisor is a state‑licensed insurance agent who offers annuities and insurance products and the firm distributes periodicals/newsletters to clients as a complimentary service—resulting in commission‑based activities operating alongside its fee‑based advisory practice.

Client services

Financial planning Portfolio management Newsletters or periodicals

Expertise

General retirement planning Annuities Cash flow / budgeting

Fee options

Percentage

$0.00 - $1,000,000.00: 1.1% annually $1,000,000.01 - $2,000,000.00: 0.85% annually $2,000,000.01 - $3,000,000.00: 0.75% annually $3,000,000.01+: 0.65% annually

Commissions

Commissions on sales of insurance products and transactions executed through broker/dealer Westminster Financial Securities, Inc.

Main office location

Concorde Financial Resources

12 B N. Congress Street

York SC 29745, United States

Number of offices

2

Most active in

Florida · North Carolina · Pennsylvania · South Carolina · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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