Concurrent Achieves 50% Growth in 2025, Increasing AUM from $10B to Over $15B

The firm added seven advisory teams in the fourth quarter and crossed $15B in assets under advisement, bringing the total AUM/AUA to over $30B

TAMPA, Fla.--(BUSINESS WIRE)--Concurrent Investment Advisors, LLC (“Concurrent”), a multi-custodial, hybrid registered investment adviser, closes out 2025 with an impressive 50% growth trajectory. The rapid momentum is the result of the firm’s unique partnership model that prioritizes advisor growth, independence, and operational support. In the fourth quarter, Concurrent added three new advisors to its network: Joseph D’Anniballe and Sean Houston from 1858 Wealth Management, as well as Paul Guerra from Brookshire Wealth Management. Additionally, seven advisors joined existing Concurrent partner firms.

Legacy Private Wealth Partners (Legacy) welcomed Jonathan Neher and his team from Avenues to Wealth, who will continue operating under their existing brand. The firm also added Mark Culver, Trent Culver, Gabriel Veve, and Dimitris Magemeneas under the Legacy brand. James Lee of Lee Wealth Management joined Sphinx Advisory Group, and Tim Seeger onboarded with Cornerstone Private Wealth. This quarter’s latest round of growth propels the total number of Concurrent advisors across the firm to 155.

“Our goal is to provide advisors with the resources and operational synergies that will help them grow their practice,” said Nate Lenz, CEO of Concurrent. “Our business model aligns our success to theirs, creating a structure where both Concurrent and our advisors thrive together.”

The firm’s growth is driven by its dual focus on adding talent and advanced solutions for its advisors. Reflecting this commitment, Concurrent’s home office now comprises over 70 professionals working to elevate capabilities across operations, planning investments, product, technology, compliance and data. Additionally, the launch of the WealthSelect and OCIO platform under Concurrent Asset Management (CAM), the acquisition of Next Retirement Solutions, and the revamp of Central Wealth Advisory Services allow partner firms to be more nimble in delivering customized advice and efficient portfolios.

Concurrent has pursued a deliberate growth strategy that prioritizes empowering advisors to better serve clients and develop resilient, scalable practices. The strategy includes extending its minority investment model beyond the affiliated network with the launch of RIA Capital Partners. The program is designed for independent advisors pursuing succession planning, growth capital, or partial monetization. To date, RIA Capital Partners has executed four partnerships, significantly contributing to Concurrent’s year-to-date growth. The program has generated early success for its members, including one notable partner that has seen nearly a 20% increase in AUM during its first six months.

“Our team is intentional in every effort to propel growth and build a sustainable business,” said Joe Mooney, Head of Business Development. “This strong year is not a coincidence; it is the reflection of how our team is dedicated to supporting advisors at any stage of their career to deliver outcomes that promote client trust and strengthen their practice.”

“Our team will continue to lean into strategies that promote talent development and organic growth,” added Lenz. “We will add capital where it counts, build out capabilities for the next level of growth, and preserve entrepreneurship among advisors.”

About Concurrent
Concurrent is a multi-custodial, hybrid registered investment adviser (RIA) created to give independent advisors all the resources they need to grow their businesses and adapt to the evolving financial needs of their clients. Headquartered in Tampa, Florida, Concurrent was established in 2017 by former advisors, business owners and industry leaders to cultivate a national network of independent providers of unbiased, fiduciary advice.

Through a partnership with Merchant, Concurrent offers its advisors growth capital, full operational support, and opportunities to align through shared equity ownership. Independence and collaboration are central to Concurrent’s ethos, as advisors maintain their autonomy and unique value while sharing best practices and integrated technology, fueling their growth as entrepreneurs.

To learn more about Concurrent, visit www.poweredbyconcurrent.com.