Concurrent Introduces Bespoke Alternative Assets Platform For High-Net-Worth Clients

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TAMPA, Fla.--(BUSINESS WIRE)--Oct 22, 2024--

Concurrent Investment Advisors, LLC (“Concurrent”), a multi-custodial hybrid RIA, launches its enterprise-grade alternative investments platform, equipping Concurrent’s advisors with comprehensive, multi-asset alternatives portfolios that resonate with the financial goals of high-net-worth investors.

Concurrent’s Alternative Investment Platform is designed, managed, and curated by Concurrent Asset Management, LLC. The new business will perform compliance oversight and management of alternative funds in conjunction with the new platform, for the benefit of Concurrent advisors. The platform is supported by customized partnerships with iCapital, CAIS, and other leading providers in the alternative assets space.

Concurrent’s most recent expansion, built in partnership with Proteus, centralizes the resources, due diligence, and curation needed to deploy capital into complex alternative assets via institutional private placements. The platform simplifies Concurrent’s clients ability to allocate to complex asset classes that have historically been the domain of institutional investors. Concurrent’s platform will seamlessly provide access to private equity, private credit, real estate, infrastructure and absolute return hedge funds from blue-chip investment managers. The platform leverages Concurrent and Proteus’ relationships with multiple leading institutional consultants such as Fiducient, Meketa and Callan.

“Not all alts are created equal, and we want to make sure our advisors and clients have access to the best solutions,” said Eddy Augsten, Managing Director of Investments at Concurrent. “The level of experience and pedigree represented in the investment managers we’ve curated will make a real difference in financial outcomes and the value our advisors can now bring to their client portfolios.”

The alternative assets platform will offer model portfolios that Concurrent’s advisors can use to allocate into a number of alternative investment strategies. Through these multi-asset models, clients have a single, frictionless entry point into private markets, allowing them to engage with multiple, complex strategies without managing multiple investment relationships and transactions.

“The strategies already on our platform allow our advisors to go toe-to-toe with alternative solutions at some of the industry’s biggest names while driving organic growth within client segments that will support their businesses for years to come,” said Nate Lenz, CEO of Concurrent.

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 best-in-breed technology, fueling their growth as entrepreneurs.

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

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CONTACT: Media

Kara Lester

Gregory FCA for Concurrent

[email protected]

KEYWORD: FLORIDA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINTECH ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE

SOURCE: Concurrent Investment Advisors, LLC

Copyright Business Wire 2024.

PUB: 10/22/2024 09:00 AM/DISC: 10/22/2024 09:11 AM

http://www.businesswire.com/news/home/20241022067395/en