Concert Investment Advisory Inc (Alhambra)

Name: Concert Investment Advisory Inc
Address: 1328 Milton Avenue, Alhambra, CA, 91803
Telephone: 626-755-3613

Concert Investment Advisory Inc is a large advisory firm based in Alhambra. It manages $120 million of regulatory assets for 573 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California and Texas.

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

Concert Investment Advisory: assets under management

The assets under management (AUM) of Concert Investment Advisory Inc is $120 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $120 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.42 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 30% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in government bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Concert Investment Advisory Inc for their services and products based on a percentage of assets under management. 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.

What kind of clients Concert Investment Advisory serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Concert Investment Advisory is high net worth individuals with 127 clients and $118 million of assets under management. Among the 10 most similar advisory firms, Concert Investment Advisory has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $120 million for 129 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Concert Investment Advisory doesn't advise any private funds.

Careers at Concert Investment Advisory Inc

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Antonio Ramirez	Ceo, cco	1 Jun 2019	75% - 100%	2973343

Based in Alhambra

The principal office where Concert Investment Advisory Inc performs its advisory services is located at 1328 Milton Avenue, Alhambra, CA 91803, 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 626-755-3613. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at concertiai.com.