Tampa, Florida-based hybrid Concurrent is maintaining a strong growth pace and has onboarded three new advisors to its platform.
Concurrent Investment Advisors announced its continued success in meeting growth targets by welcoming three new advisors from Wells Fargo and Raymond James at the beginning of 2024.
With the introduction of Ramin Abrams, Glenn Holmes, and Sean O’Neill, the multicustodial hybrid has not only added $365 million in new assets to its $7.5 billion in AUM, but also pushed its assets under advisement beyond its initial goal of $17 billion to start the year.
Abrams and Holmes are joining Concurrent from Wells Fargo to leverage the firm's multicustodial capabilities, cutting-edge technology, and operational support.
Abrams is establishing a new office under the Concurrent banner as he offers wealth management, financial planning, and multifamily generational planning services in New York.
For his part, Holmes is focusing on the Southeast with his T7 Legacy office in Florida, where he provides strategic financial planning for corporate executives and business owners.
Meanwhile, O’Neill, a 24-year veteran of the industry, is joining from Raymond James Financial Services and will align with Denver-based Legacy Wealth Partners, part of Concurrent's network.
With an emphasis on pre-retirees, retirees, and their families, O’Neill was drawn to Concurrent’s broader range of investment solutions and the ability to serve clients with a fiduciary focus as he maintains his independence.
“Working closely with our advisors, we are not just building firms, we are equipping them to evolve with the needs of their clients,” Nate Lenz, Concurrent's CEO and co-founder, said in a statement. “I am proud of our team's milestones over the last year and will continue to equip independent advisors with the innovative tools that will propel their practices to the next level.”
Canadian stocks are on a roll in 2025 as the country prepares to name a new Prime Minister.
Two C-level leaders reveal the new time-saving tools they've implemented and what advisors are doing with their newly freed-up hours.
The RIA led by Merrill Lynch veteran John Thiel is helping its advisors take part in the growing trend toward fee-based annuities.
Driven by robust transaction activity amid market turbulence and increased focus on billion-dollar plus targets, Echelon Partners expects another all-time high in 2025.
The looming threat of federal funding cuts to state and local governments has lawmakers weighing a levy that was phased out in 1981.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
