Concorde Investment Management

Concorde Investment Management, based in Dallas, Texas, is a registered investment adviser founded in 1981 by Dr. Gary B. Wood. The firm offers investment management services for separately managed accounts and serves as an investment advisor to one mutual fund, Concorde Wealth Management Fund. Their investment advisory services cover various asset classes, including equities, fixed income securities, mutual funds, ETFs, government securities, options contracts, and interests in partnerships. Concorde focuses on individual client needs and objectives, providing continuous investment advisory services and financial advice tailored to each client's circumstances. The firm charges fees based on a fee-only structure, including investment management fees and hourly or retainer financial advisory fees. Fees are negotiable and vary based on factors such as total assets under management, analysis required, and length of the client relationship. Concorde does not participate in wrap fee programs and does not charge asset management fees on shares of the Fund held in client accounts. Clients are required to have a minimum asset value of $500,000 for the opening balance, with exceptions made under certain circumstances. The firm exercises investment discretion over managed accounts, with clients having the option to set limits on this discretion. Concorde does not receive performance-based fees from clients but may receive fees from private funds managed by its affiliate. The firm's brokerage practices focus on obtaining the best combination of price and execution for client transactions, with an arrangement with Fidelity for institutional platform services. Concorde does not receive commissions for trading activities and does not maintain physical custody of client assets. The firm has not been subject to any disciplinary actions within the last ten years.