Wealth manager, independent · Abingdon, VA
Concord Wealth Partners
SEC-registered investment adviser · CRD 118643 · SEC 801-79249
At a glance
Concord Wealth Partners is an SEC-registered investment adviser based in Abingdon, Virginia, with $1.1B in regulatory assets under management as of its Form ADV filed March 14, 2026. It reports 1,232 individual clients, 258 of them high-net-worth, holding an average of about $0.8 million each, and 20 employees. That ranks it 1032nd among the nation’s 5,657 independent wealth management RIAs and 30th of 151 in Virginia. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 276-628-5910concordwealthpartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.1B
- Rank among independent wealth managers
- #1,032 of 5,657
- Rank among all SEC RIAs
- #5,168 of 17,210
- Rank in Virginia
- #30 of 151
- Individual clients
- 1,232
- High-net-worth clients
- 258
- Accounts
- 3,273
- Discretionary
- 100% of AUM
- Employees
- 20
- Advisory staff
- 10
- Offices
- 7
Owners and executives on its Form ADV
- Jonathan R. WeatherlyChief Compliance Officer
- Gary N. AikenChief Investment Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Concord Wealth Partners is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names Purshe Kaplan Sterling Investments as the broker-dealer its advisers are registered with.
Persons providing investment advice on behalf of our firm are registered representatives with Purshe Kaplan Sterling (“PKS”), a securities broker-dealer, and a member of the Financial Industry Regulatory Authority.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 258 | $691M | 65% |
| Individuals | 974 | $324M | 30% |
| Pension and profit sharing plans | 17 | $32M | 3% |
| Corporations or other businesses | 11 | $20M | 2% |
| Charitable organizations | 5 | $2M | <1% |
| Other investment advisers | 9 | $1M | <1% |
Disciplinary disclosures
Concord Wealth Partners reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗concordwealthpartners.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 3,373 peers of its type and size
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- 2 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Virginia
All of Virginia →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Northwest Financial Advisors LLCHerndon | $1.2B | 1,908 |
| Graves Light LenhartHarrisonburg | $1.2B | 403 |
| Verus Financial PartnersRichmond | $1.2B | 636 |
| Yeske Buie Inc.Vienna | $1.1B | 466 |
| Alpha Omega Wealth Management, LLCRichmond | $1.0B | 473 |
Background
Questions
How much does Concord Wealth Partners manage?
Concord Wealth Partners reports $1.1B in regulatory assets under management across 3,273 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 14, 2026.
How many clients does Concord Wealth Partners have?
It reports 1,232 individual clients: 258 high-net-worth individuals and 974 other individuals. Individuals account for about 95% of its regulatory assets.
Where is Concord Wealth Partners headquartered?
Its main office is in Abingdon, Virginia. It reports 7 offices in total and 20 employees, 10 of whom perform investment advisory functions.
How does Concord Wealth Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Concord Wealth Partners use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed March 14, 2026, it reports these amounts held: Charles Schwab ($740M); Fidelity ($268M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Concord Wealth Partners a hybrid RIA with a broker-dealer?
Concord Wealth Partners is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Concord Wealth Partners a fiduciary?
As an SEC-registered investment adviser, Concord Wealth Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 1 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Concord Wealth Partners’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-14), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →