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SB
CFP
SB
CFP

Steven Balaban

Concorde Asset Management, LLC
37 Years of Experience
San Diego, CA
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Steven Balaban is a CFP-designated registered investment advisor at Concorde Asset Management, LLC, based in San Diego, CA, with 37 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 3,705 clients with $600M in assets under management.

Concorde Asset Management, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
78 advisors
Number of Clients
3,705 clients
Average Client Portfolio
$162K average
Assets Under Management
$598.4M

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.00%

Total fees typically range from 1% to 2% annually for standard management and up to 2.25% for discretionary UMA programs including platform and manager fees. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

5075 Shoreham Place, Suite 200, San Diego, CA, 92122

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
August 2001
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Steven is a CA insurance agent selling life insurance and long-term care insurance since 2014, and operates under the DBA "Financial Designs" for securities and advisory services, dedicating nearly all of his time to this. He is also an investment advisor representative with Concorde Asset Management, LLC and provides insurance services through Concorde Insurance Agency and Westland Insurance, spending minimal time on these insurance-related activities.

Employment History
Current Registrations
Concorde Asset Management, LLC
August 2018 - Present · 8 yrs 2 mos
Concorde Investment Services, LLC
August 2018 - Present · 8 yrs 2 mos
Concorde Investment Services, LLCBroker
August 2018 - Present · 8 yrs 2 mos
Previous Registrations
Independent Financial Group, LLC
April 2014 - July 2018 · 4 yrs 3 mos
Independent Financial Group, LLCBroker
April 2014 - July 2018 · 4 yrs 3 mos
UBS Financial Services INC.
July 2006 - July 2010 · 4 yrs
UBS Financial Services INC.Broker
July 2006 - July 2010 · 4 yrs
Citigroup Global Markets INC.
July 1997 - July 2006 · 9 yrs
Citigroup Global Markets INC.Broker
July 1993 - July 2006 · 13 yrs
Lehman Brothers INC.Broker
September 1992 - July 1993 · 10 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
November 1986 - September 1992 · 5 yrs 10 mos
Buchanan & CO., INC.Broker
July 1985 - November 1986 · 1 yr 4 mos
State Registrations8 states
AZCACOFLILNMORWA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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