Market Concepts, LLC (Charlottesville)


Market Concepts, LLC is an adviser based in Charlottesville. It manages $2.5 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Virginia.

Market Concepts provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Market Concepts: assets under management

The assets under management (AUM) of Market Concepts, LLC is $2.5 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -92% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $250 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Market Concepts, LLC for their services and products based on a percentage of assets under management 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 Market Concepts, LLC

Douglas Allen Stewart has been acting as President since 1 Nov 2008. Jessica Toll joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Douglas Allen Stewart Member/president/chief investment officer 1 Nov 2008 50% - 75% 2838639
Joseph Warren Mcdonald Member/chief operating officer/analyst, chief compliance officer 1 Nov 2008 Other 5504551
Creighton Melroy Hoover Member 1 Nov 2008 Other 5626953
Tom David Eilerson Member 1 Nov 2008 Other 5626994
Paul Francis Rocheleau Member 1 Nov 2008 Other 5123839
Joseph Anthony Gamma Member 1 Nov 2008 Other 5626996
Gary Wayne Sarkozi Member 1 Nov 2008 Other 5626997
Joseph Stephen Andrews Member 1 Nov 2008 Other 5626998
Ashley Young Russell Member 1 May 2009 Other 5671475
Kevin Blake Russell Member 1 May 2009 Other 5671474
Betsye Blake Russell Member 1 May 2009 Other 5671476
John Kenneth Russell Member 1 May 2009 Other 5671481
John Kenneth Russell Ii Member 1 May 2009 Other 5671482
Carla Custis Russell Member 1 May 2009 Other 5671484
Kim Hoover Member 1 Mar 2012 Other 6471342
Michael Stewart Member 1 Mar 2012 Other 6471345
John Tyler Nichols Member 1 Apr 2012 Other 4271053
Lance Hoover Member 1 Nov 2012 Other 6471344
Jessica Toll Member 1 Sep 2014 Other 6471343

Based in Charlottesville

The principal office where Market Concepts, LLC performs its advisory services is located at 300 Hickman Rd, Charlottesville, VA 22911, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-503-0094. The normal business hours are 8:00 am to 6:00 pm on Monday - Friday. You can find more information about the New York firm at mconceptsweb.com/.