Market Concepts, LLC (Charlottesville)

Name: Market Concepts, LLC
Address: 300 Hickman Rd, Charlottesville, VA, 22911
Telephone: 804-503-0094

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/.