Concurrent Expands Wealth Management Team with New Advisors

Concurrent Growth with New Advisors in Wealth Management

Concurrent Investment Advisors, LLC, has taken a significant step in its ongoing growth strategy by adding eight talented advisors to its team. This expansion boosts the firm's assets under management to an impressive $9.7 billion. The individual contributions from Lora Hoff, Carl Lambert, Lindsay Lambert, and the others underscore Concurrent's commitment to providing exceptional financial services.

The New Team Members

Lora Hoff, along with Carl and Lindsay Lambert, are joining Concurrent's established teams. Jason Hudson is launching his new practice, Hudson Wealth Management, while the remaining advisors unite under Canopy Asset Management. Collectively, these advisors bring an additional $885 million in assets under management.

Collaborating for Enhanced Services

Canopy's collaboration with Concurrent aims to bolster growth by not only adding assets and personnel but also enhancing resources and solutions for clients. This relationship focuses on improving reporting and portfolio management while establishing a firm that will create a lasting legacy.

Expertise and Experience

The team from Canopy—comprising Tye Pipkin, Ken Pipkin, Jennifer Fussell, and Kristen Moore—will utilize Concurrent's extensive back-office support to strengthen their operational framework. They will continue to operate under their current brand from St. Simons Island, Georgia.

Focus on Client Relationships

Lora Hoff, with over 25 years of experience in financial planning and wealth management, represents a significant asset to Concurrent. She will serve her business-owner clientele through the Wealth Partners Alliance (WPA), which currently manages over $1.5 billion in assets. Concurrent's advanced technology will also facilitate Hoff in enhancing client services.

New Horizons for Hudson Wealth Management

Jason Hudson, who has nearly a decade's experience in retirement planning, will launch his firm in tandem with Concurrent’s support. The collaboration aims at improving personalized attention and services for advisors' clients, hence fostering better relationships.

Concurrent's Mission and Values

Nate Lenz, Concurrent's CEO and co-founder, expressed enthusiasm regarding the new team members. "Our mission is to equip advisors with the necessary resources to succeed. We are excited about Jason, Lora, Carl, Lindsay, and the Canopy team as they enhance client engagement and satisfaction. We aim to provide a destination for advisors seeking independence without sacrificing support," he stated.

About Concurrent Investment Advisors

Founded in 2017 and headquartered in Tampa, Florida, Concurrent operates as a hybrid registered investment adviser (RIA) dedicated to providing independent advisors the resources needed to flourish. Their commitment to unbiased, fiduciary advice is at the heart of their offering, reflecting the desire to cultivate a network of independent providers across the nation.

Partnership and Collaboration

By collaborating with other strategic entities, Concurrent equips its advisors with essential operational support and shared growth opportunities. The emphasis on independence, along with collaboration, helps advisors retain their unique identities while thriving in a shared environment.

Frequently Asked Questions

What is Concurrent Investment Advisors?

Concurrent Investment Advisors is a multi-custodial, hybrid registered investment adviser that assists independent advisors in growing their businesses through comprehensive resources and support.

What recent changes occurred at Concurrent?

Concurrent has recently added eight new advisors, contributing to an increase in assets under management to $9.7 billion, bolstering its service capabilities.

Who are the new advisors that joined Concurrent?

The new advisors include Lora Hoff, Carl Lambert, Lindsay Lambert, and Jason Hudson, among others, who join either as individuals or as teams under existing brands.

How does Concurrent support its advisors?

Concurrent provides back-office support, advanced technology, and operational resources to help advisors enhance client relationships and improve their services.

What is the significance of the partnership with Canopy Asset Management?

This partnership is vital in promoting growth by adding resources, enhancing client solutions, and supporting advisor retention through mutual collaboration and strategic alignment.

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