SAN DIEGO, Dec. 9, 2020 /PRNewswire/ — Concurrent, a partnership of elite impartial advisors affiliated with Raymond James Monetary Providers, Inc. (RJFS) (member FINRA/SIPC), has continued its fast-tracked mannequin for progress, even because the pandemic continues to affect companies and people all through America. In latest weeks, Concurrent has labored with seven new advisor groups based mostly in Alaska, Florida, Kentucky, Michigan and Mississippi to transition to their impartial community of advisors. With the addition of those newly recruited groups, the entire belongings underneath administration of the community’s advisors has grown by over $1.1 billion.
“We’re frequently sought out by entrepreneurial-minded advisors who attempt for not solely impartial enterprise possession, however to even be a gradual, dependable supply for purchasers throughout this relentless yr of volatility mixed with a world pandemic,” mentioned Mike Hlavek, Founding Companion, Concurrent. “As futures change and markets stay unpredictable, our advisors are serving to many People navigate by means of waves of uncertainty and unprecedented excessive feelings.”
In latest weeks, Concurrent picked up two groups within the state of Alaska. In Fairbanks, Head Retirement & Wealth Methods comprised of advisors, Roark “Alan” Head, practically a 40-year monetary providers veteran, and Austin Head, together with Service Affiliate, Deborah Combs joined the Concurrent community. The staff was beforehand with Wedbush Securities and manages practically $300 million in belongings underneath administration.
“Partnering with Concurrent permits us to develop into enterprise homeowners fairly than workers and places us on the identical aspect of the desk as our purchasers,” defined Alan Head, Founder & Managing Director, Head Retirement & Wealth Providers. “We take pleasure in independence backed up with all of the assets Raymond James has to supply. We’re excited to hitch the Concurrent household and look ahead to rising our enterprise collectively.”
Additionally in Fairbanks, Alaska and previously with Wedbush Securities, Krista Stamper of Stamper Wealth and Retirement Group, joined Concurrent, bringing in practically $253 million in belongings underneath administration.
Tracy Thacker, head of Thacker Wealth and Retirement and his staff comprised of Tammy Duncan, Penney Brooks, and Debra Thacker have chosen the trail to independence by partnering with the Concurrent community. Positioned in Owensboro, Kentucky, Thacker and his staff maintain $259 million in belongings underneath administration and had been previously with Edward Jones.
“The chance to companion with Concurrent is an incredible alternative for my observe that may vastly profit my purchasers,” mentioned Tracy Thacker, Head of Thacker Wealth and Retirement. “With entry to the Raymond James platform, I will have entry to a much wider spectrum of assets that may permit my staff to supply extra holistic providers and spend extra time centered on my purchasers.
Concurrent workplace Hendrickson Wealth and Retirement, headed by Richard Hendrickson, welcomed Kayla Jo Teckenbrock and Jackie Rainey, previously with Edward Jones. This new staff brings over $87 million in belongings underneath administration to this Benton, Kentucky based mostly observe. Hendrickson, who selected his path to independence by becoming a member of Concurrent in 2018, was additionally beforehand with Edward Jones.
Richard Crowne and Kelly Coghlan have joined the Concurrent staff positioned in Lakewood Ranch, Florida. Previously with Wells Fargo Advisors, they convey practically $147 million of belongings underneath administration.
Previously with Wells Fargo Advisors, Jason Huffman of Diberville, Mississippi joined Concurrent, including $36 million in belongings underneath administration to the community.
John Reeber, previously with Wells Fargo Advisors, manages and advises on some $30 million in belongings for purchasers within the Grosse Level, Michigan space and has joined the Concurrent community.
“In a yr of uncertainty, increasingly advisors are drawn to Concurrent as a result of they’ll depend on our sturdy platform and be absolutely accessible remotely, as they spend their time intensely specializing in their purchasers versus spending beneficial time on administrative duties,” Kevin McFarland, Founding Companion, Concurrent added.
Though lower than 5 years outdated, the Concurrent community’s practically 115 advisors in 49 places of work across the nation are entrusted with over $9.1 billion in belongings underneath administration.
Concurrent (concurrentadvisors.com) is an advisor-owned partnership of elite impartial organizations working collectively to understand a standard imaginative and prescient of making a superior consumer expertise whereas rising their very own practices.
Headquartered in San Diego, Concurrent was based in 2016 and at the moment serves 115 advisors in 49 places of work with over $9.1 billion in belongings underneath administration (AUM) and roughly $9.5 billion underneath advisement (as of 11/19/2020). Drawing upon their particular person and unified strengths, our monetary advisors leverage their collective scale to supply a sexy worth proposition to each purchasers and different independent-minded advisors in a extremely aggressive and always evolving wealth administration panorama.
Concurrent and its community of advisor groups should not registered dealer/sellers or registered funding advisers. Concurrent’s community of monetary advisors are registered representatives of Raymond James Monetary Providers, Inc.
About Raymond James Monetary Providers
Raymond James Monetary Providers, Inc. is a monetary providers agency supporting impartial monetary advisors nationwide. Since 1974, Raymond James Monetary Providers Inc., member FINRA/SIPC, has offered a variety of funding and wealth planning associated providers by means of its affiliate, Raymond James & Associates, Inc., member New York Inventory Alternate/SIPC. Each dealer/sellers are wholly owned subsidiaries of Raymond James Monetary, Inc. (NYSE-RJF) a number one diversified monetary providers firm with roughly 8,200 monetary advisors all through the USA, Canada and abroad. Complete consumer belongings are $930 billion. Funding Advisory providers supplied by means of Raymond James Monetary Providers Advisors, Inc.
SOURCE Concurrent Advisors