Concurrent Launches Minority Platform to Bolster Advisors 

Concurrent Investment Advisors, LLC, a multi-custodial hybrid RIA, has launched its latest minority investment program; The firm’s newly minted RIA Capital Partners program that provides strategic minority investments to RIAs to propel succession planning, growth capital, or partial monetization. 

Tampa-based Concurrent has backed Houston-based Post Oak Wealth Partners, a $250 million RIA led by Rob Wyrick and Seattle-based RIA Oliver Capital Management, led by Mark Oliver, with $450 million in client assets. 

During the second quarter, the RIA added advisors with combined assets of $500 million to its growing roster. The latest firm to join the platform, Alden Capital Management, a Bellevue, WA-based RIA, has about $390 million in assets, Concurrent said.  

“With capital becoming more accessible, we’re seeing increased demand from RIAs looking to de-risk, scale, or transition their businesses,” Nate Lenz, CEO of Concurrent said. “We’re uniquely positioned to serve as a capital partner because we’ve been through this journey ourselves and can offer more than just funding—we bring experience, infrastructure, and a community of support.” 

Through Concurrent’s initiative, RIA Capital Partners, firms will gain access to asset management, recruiting, M&A, marketing, and technology capabilities.  

Backed by Merchant, Concurrent had about $9.7 billion in assets under management in the first quarter of 2025.