Concurrent Taps Seasoned Financial Services Leaders to Helm Recruitment and Next-Gen Talent Growth
24 Abril 2024 - 8:30AM
Business Wire
Concurrent Investment Advisors, LLC (“Concurrent”), a leading
multi-custodial, hybrid registered investment adviser (“RIA”),
invested heavily in its long-term sustainability with the
appointment of four key hires to focus on business development,
organic growth programs, and the development of Concurrent’s next
generation of financial professionals. Bo Ellison joins Concurrent
as Chief Financial Officer; Joe Mooney joins as Managing Director,
Advisor Engagement and Enterprise Development; Kerry McDermott
joins as VP, Program Development, Strategy, & Growth; and
Matthew Unger joins as VP, Head of Centralized Wealth Advisory
Services.
Concurrent has notched $2 billion in new assets since its launch
as an RIA last May. The firm’s investment in growth leaders
demonstrates an intense focus on opportunities for professional
growth and succession, as well as the supporting services that will
preserve Concurrent’s relevance and dynamism in the years to
come.
“We’re not immune to the demographic issues our industry faces,”
said Nate Lenz, CEO of Concurrent. “We’re investing in the next
generation now, so our advisors can sustain their business 15 or 20
years from now.”
Ellison comes to Concurrent from his prior role as Divisional
Controller, Retirement Services at Creative Planning, and has spent
more than 5 years as an audit professional at EY. At Concurrent,
Ellison supports the firm’s long-term financial sustainability as a
multi-custodial, hybrid RIA.
Mooney joins Concurrent to lead the business development and
advisor engagement practice. He previously managed the East Coast
custody sales team at Fidelity. Mooney brings more than 20 years of
experience in business development to his role at Concurrent, where
he will build on the momentum of the firm’s advisor recruitment and
engagement strategies.
McDermott, who previously led the strategic referral program at
Wealth Enhancement Group, is appointed to spearhead Concurrent's
organic growth initiatives. McDermott’s expertise in growth
programs and custodial referral partnerships is central to
Concurrent's Corporate Solutions Program, which represents more
than 100,000 401(k) plan participants and $10 billion in assets
under advisement.
Unger will direct Concurrent's centralized wealth advisor team.
A former vice president at Goldman Sachs and a risk management
advisor at United Capital, Unger's role is to nurture talent
development through Concurrent’s Corporate Solutions Program and
other next-generation initiatives.
“Bo, Joe, Kerry, and Matt all have major roles to play in our
long-term vision,” said Casey Bates, Concurrent’s Managing
Director, Strategy and Growth. “Strategic growth and professional
development have always been pillars of the Concurrent platform.
These appointments are an investment in tomorrow, both for the
clients we serve and the advisors we support.”
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 strategic resources, full operational support, and
opportunities to align through shared equity and mutual success.
Independence and collaboration are central to Concurrent’s ethos,
as advisors maintain their autonomy and unique value while sharing
best practices and best-in-breed technology to grow as
entrepreneurs.
To learn more about Concurrent, visit
www.poweredbyconcurrent.com.
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Media Monica Estrada Gregory FCA for Concurrent
concurrent@gregoryfca.com