Concorde Investment Services Names Marc Morell Chief Compliance Officer

Concorde Investment Services has hired Marc A. Morell as chief compliance officer, the Ann Arbor, Mich.-based independent broker-dealer and registered investment adviser said June 29.

Morell brings more than 25 years of broker-dealer compliance experience, including work in anti-money laundering, field supervision, regulatory examinations, and adviser governance. He most recently served as chief compliance officer and AML compliance officer at BALANZ Capital LLC, a Miami-based broker-dealer he joined at its founding in August 2023.

Before BALANZ, Morell served as head of field supervision and office of supervisory jurisdiction at Snowden Lane Partners, where he oversaw compliance for more than 140 registered personnel. Prior to Snowden Lane, Morell held a regional supervisory role at Wells Fargo Advisors, covering more than 35 financial advisers in the Miami area.

“Marc brings exactly the kind of seasoned, hands-on compliance leadership Concorde needs as we continue to grow,” said Danielle Delongchamp, president and chief executive officer of Concorde. “His depth of experience leading broker-dealer compliance, adviser governance and regulatory oversight provides a strong foundation for our next phase of growth.”

Morell holds FINRA Series 4, 7, 9, 10, 24, 63, and 99 licenses.

AltsWire has also learned that Concorde has engaged Travis Hicks, who previously served in a senior due diligence capacity with Independent Financial Group for nearly 17 years, as a senior strategic advisor.

Concorde Investment Services is a subsidiary of Concorde Holdings, Inc., which also operates Concorde Asset Management and Concorde Insurance Agency.

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