{"id":396678,"date":"2020-12-09T13:18:22","date_gmt":"2020-12-09T18:18:22","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396678"},"modified":"2020-12-09T13:18:22","modified_gmt":"2020-12-09T18:18:22","slug":"concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\/","title":{"rendered":"Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management"},"content":{"rendered":"
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New advisor breakaways join from Alaska, Florida Kentucky, Michigan and Mississippi<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n SAN DIEGO<\/span>, Dec. 9, 2020<\/span> \/PRNewswire\/ — Concurrent, a partnership of elite independent advisors affiliated with Raymond James Financial Services, Inc. (RJFS) (member FINRA\/SIPC), has continued its fast-tracked model for growth, even as the pandemic continues to impact businesses and individuals throughout America. In recent weeks, Concurrent has worked with seven new advisor teams based in Alaska<\/span>, Florida<\/span>, Kentucky<\/span>, Michigan<\/span> and Mississippi<\/span> to transition to their independent network of advisors. With the addition of these newly recruited teams, the total assets under management of the network’s advisors has grown by over $1.1 billion<\/span>.<\/p>\n

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\n \"(PRNewsfoto\/Concurrent)\"
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“We are continually sought out by entrepreneurial-minded advisors who strive for not only independent business ownership, but to also be a steady, reliable source for clients during this relentless year of volatility combined with a global pandemic,” said Mike Hlavek<\/span>, Founding Partner, Concurrent<\/b>. “As futures change and markets remain unpredictable, our advisors are helping many Americans navigate through waves of uncertainty and unprecedented high emotions.”<\/p>\n

In recent weeks, Concurrent picked up two teams in the state of Alaska<\/span>. In Fairbanks<\/span>, Head Retirement & Wealth Strategies\u00a0comprised of advisors, Roark “Alan” Head, nearly a 40-year financial services veteran,\u00a0and Austin Head<\/span>, along with Service Associate, Deborah Combs<\/span> joined the Concurrent network. The team was previously with Wedbush Securities and manages nearly $300 million<\/span> in assets under management.<\/p>\n

“Partnering with Concurrent allows us to become business owners rather than employees and puts us on the same side of the desk as our clients,” explained Alan Head<\/span>, Founder & Managing Director, Head Retirement & Wealth Services.<\/b>\u00a0“We have the benefit of independence backed up with all the resources Raymond James has to offer. We’re excited to join the Concurrent family and look forward to growing our business together.”<\/p>\n

Also in Fairbanks, Alaska<\/span> and formerly with Wedbush Securities, Krista Stamper<\/span> of\u00a0Stamper Wealth and Retirement Group, joined Concurrent, bringing in nearly $253 million<\/span> in assets under management.<\/p>\n

\n Tracy Thacker<\/span>, head of Thacker Wealth and Retirement and his team comprised of Tammy Duncan<\/span>, Penney Brooks<\/span>, and Debra Thacker<\/span> have chosen the path to independence by partnering with the Concurrent network. Located in Owensboro, Kentucky<\/span>, Thacker and his team hold $259 million<\/span> in assets under management and were formerly with Edward Jones<\/span>.\u00a0 <\/p>\n

“The opportunity to partner with Concurrent is a tremendous opportunity for my practice that will greatly benefit my clients,” said Tracy Thacker<\/span>, Head of Thacker Wealth and Retirement<\/b>. “With access to the Raymond James platform, I’ll have access to a much broader spectrum of resources that will allow my team to offer more holistic services and spend more time focused on my clients. <\/p>\n

Concurrent office Hendrickson Wealth and Retirement, headed by Richard Hendrickson<\/span>, welcomed Kayla Jo Teckenbrock<\/span> and Jackie Rainey,\u00a0formerly with Edward Jones<\/span>. This new team brings over $87 million<\/span> in assets under management to this Benton, Kentucky<\/span> based practice. Hendrickson, who chose his path to independence by joining Concurrent in 2018, was also previously with Edward Jones<\/span>. <\/p>\n

\n Richard Crowne<\/span> and Kelly Coghlan<\/span> have joined the Concurrent team located in Lakewood Ranch, Florida<\/span>. Formerly with Wells Fargo Advisors, they bring nearly $147 million<\/span> of assets under management.<\/p>\n

Formerly with Wells Fargo Advisors, Jason Huffman<\/span> of Diberville, Mississippi<\/span> joined Concurrent, adding $36 million<\/span> in assets under management to the network. \u00a0<\/p>\n

\n John Reeber<\/span>, formerly with Wells Fargo Advisors, manages and advises on some $30 million<\/span> in assets for clients in the Grosse Point, Michigan<\/span> area and has joined the Concurrent network. <\/p>\n

“In a year of uncertainty, more and more advisors are drawn to Concurrent because they can rely on our robust platform and be fully accessible remotely, as they spend their time intensely focusing on their clients versus spending valuable time on administrative tasks,” Kevin McFarland<\/span>, Founding Partner,<\/b>\u00a0Concurrent<\/b>\u00a0added.\u00a0<\/p>\n

Although less than five years old, the Concurrent network’s nearly 115 advisors in 49 offices around the country are entrusted with over $9.1 billion<\/span> in assets under management. <\/p>\n

\n About Concurrent
<\/b>Concurrent (concurrentadvisors.com) is an advisor-owned partnership of elite independent organizations working together to realize a common vision of creating a superior client experience while growing their own practices.<\/p>\n

Headquartered in San Diego<\/span>, Concurrent was founded in 2016 and currently serves 115 advisors in 49 offices with over $9.1 billion<\/span> in assets under management (AUM) and approximately $9.5 billion<\/span> under advisement (as of 11\/19\/2020). Drawing upon their individual and unified strengths, our financial advisors leverage their collective scale to provide an attractive value proposition to both clients and other independent-minded advisors in a highly competitive and constantly evolving wealth management landscape.<\/p>\n

Concurrent and its network of advisor teams are not registered broker\/dealers or registered investment advisers. Concurrent’s network of financial advisors are registered representatives of Raymond James\u00a0Financial Services, Inc.<\/p>\n

\n About Raymond James Financial Services
<\/b>Raymond James Financial Services, Inc. is a financial services firm supporting independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA\/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange\/SIPC. Both broker\/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE-RJF) a leading diversified financial services company with approximately 8,200 financial advisors throughout the United States<\/span>, Canada<\/span> and overseas. Total client assets are $930 billion<\/span>. Investment Advisory services offered through Raymond James Financial Services Advisors, Inc.<\/p>\n

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\n CONTACT: <\/span>\n <\/p>\n<\/td>\n

\n

\n Lisa Aldape<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n JConnelly<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 973 525 6550<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n laldape@jconnelly.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management-301189723.html<\/a><\/p>\n

SOURCE Concurrent Advisors<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

New advisor breakaways join from Alaska, Florida Kentucky, Michigan and Mississippi PR Newswire SAN DIEGO, Dec. 9, 2020 \/PRNewswire\/ — Concurrent, a partnership of elite independent advisors affiliated with Raymond James Financial Services, Inc. (RJFS) (member FINRA\/SIPC), has continued its fast-tracked model for growth, even as the pandemic continues to impact businesses and individuals throughout America. In recent weeks, Concurrent has worked with seven new advisor teams based in Alaska, Florida, Kentucky, Michigan and Mississippi to transition to their independent network of advisors. With the addition of these newly recruited teams, the total assets under management of the network’s advisors has grown by over $1.1 billion. “We are continually sought out by entrepreneurial-minded advisors who strive for not only independent … <\/p>\n

Continue reading “Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-396678","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nConcurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New advisor breakaways join from Alaska, Florida Kentucky, Michigan and Mississippi PR Newswire SAN DIEGO, Dec. 9, 2020 \/PRNewswire\/ — Concurrent, a partnership of elite independent advisors affiliated with Raymond James Financial Services, Inc. (RJFS) (member FINRA\/SIPC), has continued its fast-tracked model for growth, even as the pandemic continues to impact businesses and individuals throughout America. In recent weeks, Concurrent has worked with seven new advisor teams based in Alaska, Florida, Kentucky, Michigan and Mississippi to transition to their independent network of advisors. With the addition of these newly recruited teams, the total assets under management of the network’s advisors has grown by over $1.1 billion. “We are continually sought out by entrepreneurial-minded advisors who strive for not only independent … Continue reading "Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-09T18:18:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1056408\/Concurrent_Advisors_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management\",\"datePublished\":\"2020-12-09T18:18:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/\"},\"wordCount\":911,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1056408\\\/Concurrent_Advisors_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/concurrent-adds-seven-new-teams-worth-over-1-1-billion-in-assets-under-management\\\/\",\"name\":\"Concurrent Adds Seven New Teams Worth Over $1.1 Billion in Assets Under Management - 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