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with other industry experts that advisors should stick to contracts of two years or less to avoid being locked into outdated technology or unexpected vendor changes.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.
Concurrent Adds 22 Teams and $5.1 Billion in Assets in 2025 – Firm Assets Reach $34 Billion
by Concurrent Investment Advisors February 3, 2026 Concurrent Bets on Entrepreneurship and Wins Big Tampa, FL — Concurrent Investment Advisors used 2025 to do more
