The Concord Equity Group, LLC (Laurence Harbor)

Name: The Concord Equity Group, LLC
Address: 100 Metro Park South, Laurence Harbor, NJ, 08878
Telephone: 732-335-0800

The Concord Equity Group, LLC is a large advisory firm based in Laurence Harbor. It manages $70 million of regulatory assets for 700 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.

The Concord Equity Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Concord Equity Group: assets under management

The assets under management (AUM) of The Concord Equity Group, LLC is $70 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $39 million in discretionary accounts and $31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97.5 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $103.33 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Concord Equity Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Concord Equity Group, LLC

Alan Felix Gavornik has been acting as President since 1 Nov 1996. Llc American Capital Acquisition Partners joined the executive team most recently as the Parent Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alan Felix Gavornik	Ceo/director	1 Nov 1996	Other	1392101
Nicholas Mariniello	President/director	1 Nov 1996	Other	1056389
Lee Danny Argush	Cfo/director	1 Mar 1997	Other	1260477
Llc American Capital Acquisition Partners	Parent company	1 Jan 1998	75% - 100%	22-3473337

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Alan Felix Gavornik	Shareholder	1 Jan 1998	25% - 50%	1392101
Nicholas Mariniello	Shareholder	1 Jan 1998	25% - 50%	1056389
Lee Danny Argush	Shareholder	1 Jan 1998	25% - 50%	1260477

Based in Laurence Harbor

The principal office where The Concord Equity Group, LLC performs its advisory services is located at 100 Metro Park South, Laurence Harbor, NJ 08878, which is also the mailing address of the firm. An additional office of the firm is in Billings, MT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 732-335-0800 or by fax 732-335-0402. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.concordequity.com.