Concord Wealth Partners
Assets Under Management
$946.0M
Number of Clients
1,284
Number of Advisors
12
Average Client AUM
$737K
AUM per Advisor
$78.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Concord Wealth Partners provides financial planning and investment advisory services. Financial planning covers retirement, education, insurance, estate planning, and taxes. Investment advice is tailored to client needs, with discretionary or non-discretionary options. CWP often uses its affiliate, Concord Asset Management, for investment management.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $3.5M | 1.00% |
| $3.5M+ | 0.80% |
Fees are subject to negotiation.
Fee Estimator
Financial planning fees range from $500 to $10,000, or $150 to $300 per hour, depending on complexity. Investment advisory fees are based on a percentage of assets under management. The standard AUM fee is 1.25% for assets under $250,000, 1.00% for assets between $250,000 and $3,500,000, and 0.80% for assets over $3,500,000. Fees are negotiable. The annual AUM fee is prorated and paid monthly, in arrears, based on the average daily balance.
Areas of Practice
Location
955 West Main Street, Abingdon, VA, 24210-2427