Concorde Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Concorde Asset Management reports 3,705 clients. They include 3,651 individual clients, 38 high-net-worth individuals, and 8 pension and profit-sharing plans. Of its assets, 97.7% ($584M across 3,648 accounts) are managed with discretion; $13.9M across 57 accounts are not. A wrap fee program the firm both sponsors and manages holds $297M. It advised 898 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 99% | 74% |
| High-net-worth individuals | 1% | 25% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 3,651 | $442M | 73.8% | $121K |
| High-net-worth individuals | 38 | $150M | 25.1% | $3.95M |
| Pension and profit-sharing plans | 8 | $850K | 0.1% | $106K |
| Charitable organizations | 1 | $406K | 0.1% | $406K |
| Corporations and other businesses | 7 | $5.03M | 0.8% | $719K |
| Total | 3,705 | $598M | 100% | $162K |
- Clients
- 3,651
- Regulatory AUM
- $442M
- AUM share
- 73.8%
- Avg. per client
- $121K
- Clients
- 38
- Regulatory AUM
- $150M
- AUM share
- 25.1%
- Avg. per client
- $3.95M
- Clients
- 8
- Regulatory AUM
- $850K
- AUM share
- 0.1%
- Avg. per client
- $106K
- Clients
- 1
- Regulatory AUM
- $406K
- AUM share
- 0.1%
- Avg. per client
- $406K
- Clients
- 7
- Regulatory AUM
- $5.03M
- AUM share
- 0.8%
- Avg. per client
- $719K
Total
- Clients
- 3,705
- Regulatory AUM
- $598M
- AUM share
- 100%
- Avg. per client
- $162K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 898
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Concorde Asset Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Concorde Holdings, Inc. owns 75% or more of Concorde Asset Management and is in turn owned by Concorde Investment Partners, LLC (75% or more). The leadership team of Concorde Asset Management includes President Danielle Delongchamp, Chief Financial Officer Kathleen Hofer and Chief Compliance Officer Marc Morell. It has 76 employees, 67 of them in advisory roles.
Staff
- 76 employees
- 67 in advisory functions
- 67 state-registered reps
- 67 broker-dealer reps
- 54 insurance agents
- Owns 75% or more of Concorde Asset Management, LLC
Concorde Holdings, Inc.
Control person · since July 2011
- Owns 75% or more of Concorde Holdings, Inc.
Concorde Investment Partners, LLC
Control person · since December 2021
- Owns 50% to 75% of Concorde Investment Partners, LLC
Brimstone Trust 2
Control person · since March 2021
Michele Rollins
Trustee of brimstone trust 2 · Control person · since May 2014
- Owns 25% to 50% of Concorde Investment Partners, LLC
Valeo Advisors, LLC
Control person · since February 2020
- Owns 50% to 75% of Valeo Advisors, LLC
TXG, LLC
Control person · since March 2018
- Owns 75% or more of TXG, LLC
Estate of Ted Rollins
Control person · since August 2021
Holly Rollins
Personal representative of the estate of ted rollins · since August 2021
- Owns 50% to 75% of Valeo Advisors, LLC
Metrinko, LLC
Control person · since August 2021
- Owns 75% or more of Metrinko, LLC
Michael Rollins
Control person · since July 2015
Concorde Asset Management’s regulatory assets grew from $407M (June 2021) to $598M (July 2026); clients rose from 3,034 to 3,705 and employees from 70 to 76.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $598M | 3,705 | 76 | 57 |
| Apr 2025April 2025 | $490M | 3,253 | 79 | 57 |
| Jul 2024July 2024 | $395M | 2,510 | 82 | 41 |
| Jun 2023June 2023 | $306M | 2,371 | 74 | 41 |
| Jul 2022July 2022 | $377M | 2,414 | 67 | 41 |
| Jun 2021June 2021 | $407M | 3,034 | 70 | 41 |
Besides its headquarters, Concorde Asset Management has 56 offices (26 private residences, listed without an address), with 32 listed addresses across 15 states.
California · 10 listed addresses
- 360 N. Pacific Coast Hwy., El Segundo
- 28368 Constellation Road, Valencia
- 5075 Shoreham Place, San Diego
- 112 W Elm Street, Hanford
- 44 Montgomery Street, San Francisco
- 100 E. San Marcos BLVD., San Marcos
- 2050 Main Street, Irvine
- 1430 Blue Oaks BLVD, Roseville
- 1490 Draper Street, Kingsburg
- 1975 C Fifth Avenue, San Diego
Michigan · 4 listed addresses
- 3909 Research Park Drive, Suite 200, Ann ArborHQ
- 51847 Van Dyke Ave, Shelby Township
- 112 N. 11th Street, Escanaba
- 30101 Northwestern Hwy., Farmington Hills
New York · 2 listed addresses
- 61 Route 25a, Setauket
- 524 Broadway, New York
Ohio · 2 listed addresses
- 580 Longbow Drive, Maumee
- 7261 W. Central Avenue, Toledo
Oklahoma · 2 listed addresses
- 111 S. Main Street, Noble
- 527 E Main Street, Norman
Washington · 2 listed addresses
- 201 Ne Park Plaza Drive, Vancouver
- 450 Alaskan Way South, Seattle
Wisconsin · 2 listed addresses
- 6226 Bankers Road, Racine
- 114 Main Street, Kewaskum
Arizona · 1 listed address
- 8390 E. Via De Ventura, Scottsdale
Colorado · 1 listed address
- 1120 Lincoln Street, Denver
Florida · 1 listed address
- 3801 Pga BLVD., Palm Beach Gardens
Indiana · 1 listed address
- 3458 Stellhorn RD, Fort Wayne
Iowa · 1 listed address
- 103 E State St, Mason City
North Dakota · 1 listed address
- 125 Main Street, Williston
Oregon · 1 listed address
- 1800 Blankenship Road, West Linn
Texas · 1 listed address
- 700 N. Main Street, Taylor
Contact and registration details
- Legal name
- Concorde Asset Management, LLC
- Headquarters
- 3909 Research Park Drive, Suite 200, Ann Arbor, MI 48108
- Website
- concordeis.com
- Phone
- 248-824-6710
- @5403110
- SEC file
- 801-74519
- Structure
- Michigan LLC
- Fiscal year end
- December
Concorde Asset Management’s named custodians for separately managed accounts are Charles Schwab ($344M, 80%) and Pershing ($88.3M, 20%). Concorde Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab · Orlando, FL · $344M80%
- PershingPershing, LLC · Jersey City, NJ · $88.3M20%
At year end, Concorde Asset Management’s separately managed accounts were mostly in stocks (58%) and funds (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $173M across 152 positions; the largest are iShares TR (9.8%), Invesco Exch Traded FD TR II (5.6%) and Invesco Qqq TR (4.8%).
What the accounts hold
- Stocks58%
- Funds33%
- Bonds5%
- State and local bonds2%
- Sovereign bonds2%
- U.S. government and agency bonds1%
- Cash4%
How many clients does Concorde Asset Management have?
Concorde Asset Management has 3,705 clients and manages $598 million for them, as of July 2026. They include 3,651 individual clients, 38 high-net-worth individuals, and 8 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Concorde Asset Management offer?
Concorde Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Concorde Asset Management use?
Concorde Asset Management’s separately managed account assets are held at Charles Schwab (Orlando, FL), with $344M and Pershing, LLC (Jersey City, NJ), with $88.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Concorde Asset Management have?
Concorde Asset Management has 67 investment adviser representatives registered with state securities authorities, out of 76 employees, and 67 perform investment advisory functions. 67 employees are registered representatives of a broker-dealer and 54 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Concorde Asset Management invest in?
At the end of its last fiscal year, Concorde Asset Management’s separately managed accounts held 58% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 2% state and local bonds, 2% sovereign bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Concorde Asset Management?
Concorde Asset Management is owned through a chain of holding companies by Michael Rollins. Its direct owner is Concorde Holdings, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Concorde Asset Management get paid?
Concorde Asset Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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
How do I contact Concorde Asset Management?
Concorde Asset Management’s main office is at 3909 Research Park Drive, Suite 200, Ann Arbor, MI 48108. Its phone number is 248-824-6710. Its website is concordeis.com.