Concorde's longest-tenured portfolio management is worth mentioning, which boasts 36 years of average tenure. In general, seasoned teams tend to have more experience in both up and down markets. Looking at the firm's risk-adjusted performance, the product lineup compares similarly to competitors. Across its open-end and exchange-traded funds, the firm's average overall Morningstar Rating is 3.0 stars. Lofty fees for the firm's open-end and exchange-traded funds are a weakness, contributing negatively to Concorde's rating and creating a larger performance hurdle. The firm's fund fees, on average, fall within the most expensive quintile of similarly distributed strategies.
In a competitive industry, Concorde does n't differentiate itself enough, leading to an Average Parent Pillar rating.