Abingdon investment advisory firm names chief investment officer

Mitch York joins Concord Asset Management

Published November 17, 2020 by Sydney Lake

Investment adviser Concord Asset Management, a division of Abingdon-based Concord Wealth Partners, announced Monday it has hired Mitch York as its inaugural chief investment officer.

York was most recently the manager of portfolios and investment with Fairfax-based Edelman Financial Services, where he managed a $24 billion investment program. In his new role, he will oversee investment strategies, portfolio construction and investment operations.

“Mitch’s thought leadership, disruptive innovation investing and ability to implement these strategies into client portfolios will help us further tailor investment advice to become our clients’ most trusted resource,” Concord Wealth Partners founder Wade Lopez said in a statement.

York also co-founded and managed boutique advisory firm Wertz York Capital Management, which now does business as Water Walker Investments.

“To be able to build a truly integrated team from the ground up is an opportunity I’ve been working toward my whole career,” York said in a statement. “Developing in-house research and institutional quality investment vehicles at a family-focused firm like CAM is both a gift and a challenge.”

York earned his bachelor’s degree in finance from Eastern Kentucky University and his master’s degree in economics from the University of South Florida.

Founded in 1997, Concord Wealth Partners represents 500 small businesses and families in Virginia, Maryland, Washington, D.C. and Tennessee. It manages approximately $400 million in assets across its four offices. York will sit in the company’s Abingdon office.