Concord Advisory Group Ltd (Princeton)

Name: Concord Advisory Group Ltd
Address: 700 Alexander Park, Princeton, NJ, 08540
Telephone: 609-987-9000

Concord Advisory Group Ltd is a large advisory firm based in Princeton. It manages $29.53 billion of regulatory assets for 142 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Iowa, Minnesota, and 7 other states.

Concord Advisory Group provides pension consulting services, selection of other advisers, and asset allocation advice and selection of investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Concord Advisory Group: assets under management

The assets under management (AUM) of Concord Advisory Group Ltd is $29.53 billion. $805.02 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in pooled investment vehicles the most. They account for 38% of the total AUM. The second-largest asset type is investment and business development companies, which make up 35% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Concord Advisory Group Ltd for their services and products based on fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Concord Advisory Group serves?

The firm provides services to insurance companies, charitable organizations, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Concord Advisory Group is corporations or other businesses with 22 clients and $12.56 billion of assets under management. Among the 7 most similar advisory firms, Concord Advisory Group has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $27.21 billion for 111 clients. 4% of the firm’s clients are foreign persons or businesses.

Concord Advisory Group doesn't advise any private funds.

Careers at Concord Advisory Group Ltd

The company employs 32 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Santin	Managing partner, chief compliance officer	1 Apr 1990	25% - 50%	1436339
Christopher Edward Cahill	Partner	1 Apr 1990	25% - 50%	1130685
Michael John Michalski	Partner	1 Apr 1990	Other	1980923

Based in Princeton

The principal office where Concord Advisory Group Ltd performs its advisory services is located at 700 Alexander Park, Princeton, NJ 08540, which is also the mailing address of the firm. An additional office of the firm is in Orlando, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 609-987-9000 or by fax 609-987-9997. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at concordadvisory.com.