Concurrent Investment Advisors Boosts Growth with New Advisors
Concurrent Investment Advisors, LLC, a prominent multi-custodial hybrid registered investment adviser, has reached a significant milestone of $9.7 billion in assets under management. This growth has been propelled by the addition of six new advisors and further support staff, marking an exciting period for the firm. New members of the team include Lora Hoff, Carl Lambert, and Lindsay Lambert, who complement the already dynamic teams at Concurrent. Additionally, Jason Hudson is establishing his own brand, Hudson Wealth Management, while four other advisors join as a collective unit under Canopy Asset Management.
Expanding Asset Management Through Strategic Partnerships
Canopy Asset Management Collaboration
Canopy Asset Management is collaborating with Concurrent to enhance its ongoing growth strategy. This partnership aims to augment their assets and human resources while enriching the services available to clients. This includes upgrading portfolio management and reporting processes, essential for building a legacy firm. The Canopy team, which comprises Tye Pipkin, Ken Pipkin, Jennifer Fussell, and Kristen Moore, will leverage Concurrent's comprehensive back-office support to strengthen operational infrastructure while continuing to operate under their existing company name from their location in St. Simons Island.
Lora Hoff and the Lambert Team Join Forces with WPA
In a significant move, Lora Hoff along with Carl and Lindsay Lambert have aligned with Wealth Partners Alliance (WPA), a vital part of the Concurrent network that oversees more than $1.5 billion in assets. With over 25 years of experience in financial planning and wealth management, Hoff is poised to elevate her practice, providing enhanced services to business-owner clients from WPA’s Dallas office. Concurrent ensures Hoff has access to top-tier technology resources, which are vital for promoting the growth of her firm.
Leveraging Technology and Operational Support for Client Success
Jason Hudson's New Venture
Jason Hudson, who has spent nearly a decade helping clients prepare for retirement, is also embracing the advantages of partnering with Concurrent. By founding Hudson Wealth Management, he will utilize Concurrent's evolving technological capabilities to offer a personalized touch to client interactions and improve service delivery. This strategic move is expected to enhance client satisfaction significantly.
Nate Lenz, CEO and co-founder of Concurrent, emphasizes the company's mission to equip advisors with the necessary tools for success. "We are excited to support Jason, Lora, Carl, Lindsay, and the Canopy team as they work towards enhancing client engagement and satisfaction. We understand the importance of providing advisors with independence while still being a supportive destination for their entrepreneurial ambitions. It is a privilege to have these talented professionals join our network, and we are dedicated to upholding the confidence they place in us," said Lenz.
About Concurrent and Its Commitment to Advisors
Established in 2017, Concurrent is dedicated to empowering independent advisors, providing them with the resources necessary for sustainable growth and adaptation to clients’ evolving financial needs. Based out of Tampa, Concurrent was founded by former advisors and business leaders aiming to build a national network that delivers unbiased fiduciary advice.
Through its partnership with Merchant, Concurrent ensures that advisors receive comprehensive operational support and strategic resources that foster shared equity and mutual success. Concurrent cherishes independence and collaboration, allowing advisors to retain their unique value proposition while tapping into collective best practices and advanced technological solutions for growth.
Frequently Asked Questions
What recent developments have occurred at Concurrent Investment Advisors?
Concurrent has added six new advisors and support staff, which has increased their assets under management to $9.7 billion.
Who are the new advisors joining Concurrent?
The new advisors include Lora Hoff, Carl Lambert, Lindsay Lambert, and Jason Hudson, among others forming a team under Canopy Asset Management.
What is Canopy Asset Management's role in this growth?
Canopy Asset Management collaborates with Concurrent to enhance its operational capabilities and service offerings to clients, thus supporting ongoing growth.
How does Concurrent support its advisors?
Concurrent provides advisors with advanced technology, operational assistance, and the tools needed to foster client relationships and enhance service efficiency.
What is the mission of Concurrent Investment Advisors?
The mission of Concurrent is to empower independent advisors with resources that ensure their success while maintaining their independence and unique value proposition.
