Concurrent: Minority Advisor Platform Launch
- Concurrent Investment Advisors, a hybrid registered investment advisor (RIA) with multiple custodians, has unveiled its RIA Capital Partners program.
- The Tampa, Fla.-based firm has already invested in two RIAs: Post Oak wealth Partners in Houston, Texas, led by Rob wyrick with $250 million in assets under management,...
- During the second quarter, Concurrent added advisors managing a combined $500 million in assets.
Concurrent Investment Advisors ignites growth for registered investment advisors (RIAs) with its new RIA Capital Partners program, delivering strategic minority investments. This initiative supports succession planning, growth capital, and monetization strategies for RIAs. Post Oak Wealth Partners and Oliver Capital Management are among the first RIAs to benefit.The Tampa-based firm, managing nearly $10 billion in assets by Q1 2025, is fueling RIA expansion with resources from asset management to technology. With increased demand for scaling and transitioning businesses, Concurrent, backed by Merchant, is uniquely positioned as a key capital partner. News Directory 3 is closely tracking the advancements in the RIA space. The firm added advisors managing $500 million in assets in the second quarter. Learn about the ongoing expansion of the RIA Capital Partners program and discover what’s next for Concurrent and RIAs.
Concurrent launches RIA Capital Partners Investment Program
Updated June 19, 2025
Concurrent Investment Advisors, a hybrid registered investment advisor (RIA) with multiple custodians, has unveiled its RIA Capital Partners program. This initiative provides strategic minority investments to RIAs, supporting succession planning, growth capital, and partial monetization.
The Tampa, Fla.-based firm has already invested in two RIAs: Post Oak wealth Partners in Houston, Texas, led by Rob wyrick with $250 million in assets under management, and Oliver Capital Management in seattle, Wash.,headed by Mark Oliver,managing $450 million in client assets.
During the second quarter, Concurrent added advisors managing a combined $500 million in assets. Alden Capital Management, an RIA based in Bellevue, Wash., with approximately $390 million in assets, is the latest to join Concurrent’s platform.
Nate Lenz, CEO of Concurrent, said that as capital becomes more accessible, there is increased demand from RIAs seeking to de-risk, scale, or transition their businesses. He added that Concurrent is uniquely positioned as a capital partner, offering experience, infrastructure, and a supportive community along with funding.
Through RIA Capital partners, firms gain access to asset management, recruiting, mergers and acquisitions, marketing, and technology capabilities.
Backed by Merchant, Concurrent had approximately $9.7 billion in assets under management in the first quarter of 2025.
What’s next
Concurrent plans to continue expanding its RIA Capital Partners program, seeking to support more RIAs in achieving their growth and succession goals.