Concord Asset Management, Llc/va
Concord Asset Management, LLC/VA is an asset management firm headquartered in Abingdon, Virginia. Operating with a small, highly specialized team, the firm offers comprehensive, personalized investment portfolio solutions tailored to individual client needs, emphasizing tax and cost efficiency. Concord Asset Management acts as the internal asset management division for Concord Wealth Partners. It leverages deep research and macroeconomic analysis to provide active portfolio management for clients seeking wealth creation and financial security. As of 2025, the firm manages assets for other investment advisers, with total assets under management of over $520 million and maintains a staff of 2 employees.
Investment Strategy
Concord Asset Management provides goal-driven, personalized investment solutions that prioritize tax efficiency, cost reduction, and risk optimization. The firm's philosophy centers on active asset management and research-driven portfolio construction based on a macroeconomic outlook. CAM employs a combination of technology, analytical skill, and institutional investing standards, further seeking to optimize after-tax returns by strategically managing gains and losses to minimize clients' tax obligations. They also emphasize controlling costs by reducing reliance on third-party managers, commissions, and avoidable operating expenses, offering portfolios tailored to each client’s objectives and risk tolerance.
Top Holdings
Equity Positions (200)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORPORATION | 4.91% | $32.6M | 206,491 | $116.67 | $157.99 | +$22.8M |
S SPSB | SPDR SERIES TRUST | 4.39% | $29.2M | 965,630 | $29.60 | $30.19 | +$1.9M |
H HYBL | SSGA ACTIVE TR | 4.35% | $28.9M | 1,012,493 | $28.33 | $28.59 | +$5.6M |
S SHV | ISHARES TR | 4.34% | $28.9M | 261,414 | $110.23 | $110.42 | +$2.5M |
S SPIB | SPDR SERIES TRUST | 4.16% | $27.7M | 824,404 | $32.84 | $33.58 | +$2.5M |