{"url":"https://nivawealth.com/firms/concord-advisory-group-107291","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/107291","regulatoryAum":46186698581,"crd":"107291","secFileNumber":"801-38219","legalName":"Concord Advisory Group LTD","displayName":"Concord Advisory Group","website":"http://www.concordadvisory.com","linkedinUrl":"https://www.linkedin.com/company/the-concord-advisory-group-ltd-/","founded":null,"organization":"New Jersey corporation","fiscalYearEnd":"December","headquarters":{"street":"700 Alexander Park, Suite 203 & 202","city":"Princeton","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"08540"},"tradeNames":[],"registration":{"secApproved":"1 February 1991","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":34,"advisory":12,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":46186698581,"nonDiscretionaryAccounts":204,"wrapProgram":null,"nonUsClientsPct":4,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":3,"regulatoryAum":31674722},{"label":"Pension and profit-sharing plans","clients":37,"regulatoryAum":18764842122},{"label":"Charitable organizations","clients":66,"regulatoryAum":6588834265},{"label":"Insurance companies","clients":26,"regulatoryAum":4430805281},{"label":"Corporations and other businesses","clients":32,"regulatoryAum":13460958374},{"label":"Other","clients":40,"regulatoryAum":2909583817}],"fees":[],"feeNotes":[],"custodians":[{"name":"BNY Mellon","shortName":"BNY Mellon","location":"240 Greenwich Street, NJ","smaAssets":8700334970},{"name":"Fidelity","shortName":"Fidelity","location":"Boston, MA","smaAssets":7598839710}],"custodyNote":"Concord Advisory Group does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scott Santin","title":"Managing Partner, Chief Compliance Officer","crd":"1436339"},{"name":"Christopher Cahill","title":"Partner","crd":"1130685"},{"name":"Michael Michalski","title":"Partner","crd":"1980923"}],"ownership":[{"label":"Michael Michalski","detail":"Partner in the 10% to 25% ownership band, since April 1990."},{"label":"Scott Santin","detail":"Managing partner, chief compliance officer in the 25% to 50% ownership band and a control person, since April 1990."},{"label":"Christopher Cahill","detail":"Partner in the 25% to 50% ownership band and a control person, since April 1990."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"800 N. Magnolia Avenue","city":"Orlando"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"700 Alexander Park, Suite 203 & 202","city":"Princeton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"609-987-9000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Fixed fees (other than subscription fees)","Other"],"activities":["Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":4},{"label":"U.S. government/agency bonds","percent":5},{"label":"U.S. state and local bonds","percent":2},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":3},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":53},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":26},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"11 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/107291/PDF/107291.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Concord Advisory Group have?","answer":"Concord Advisory Group has 204 clients and manages $46.2 billion for them, as of March 2026. They include 66 charitable organizations, 40 other clients and 37 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 11 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Concord Advisory Group offer?","answer":"Concord Advisory Group provides pension consulting, selecting other managers and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Concord Advisory Group use?","answer":"Concord Advisory Group’s separately managed account assets are held at BNY Mellon (240 Greenwich Street, NJ), with $8,700,334,970 and Fidelity (Boston, MA), with $7,598,839,710. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Concord Advisory Group have?","answer":"Concord Advisory Group has 0 investment adviser representatives registered with state securities authorities, out of 34 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Concord Advisory Group invest in?","answer":"At the end of its last fiscal year, Concord Advisory Group’s separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 26% pooled vehicles (private funds and similar), 5% U.S. government and agency bonds, 5% cash and equivalents, 4% exchange-traded equities, 3% investment grade corporate bonds, 2% state and local bonds, 1% sovereign bonds and 1% high-yield corporate bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Concord Advisory Group?","answer":"Concord Advisory Group’s direct owners are Michael Michalski, Scott Santin and Christopher Cahill, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 11 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Concord Advisory Group get paid?","answer":"Concord Advisory Group is paid through fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}