Concorde Financial Resources

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.