Our Managing Director, Joe McQuaid, was recently interviewed by Financial Planning about how advisors should think about vendor commitment in the rapidly evolving tech landscape. Long-term vendor commitments are becoming less common as firms seek shorter contracts to stay agile with advancing technologies like AI and machine learning. Joe agrees with other industry experts that advisors should stick to contracts of two years or less to avoid being locked into outdated technology or unexpected vendor changes. Despite this, some core technology relationships may still benefit from longer terms due to complex integrations, as noted by industry leaders.
Former Raymond James Practice In Md. With $750M Joins Concurrent Platform
July 8, 2026 Concurrent, a fast-growing multi-custodial, hybrid registered investment advisor, said it has brought Maryland-based Potomac Financial Group onto its platform after the latter
