by Ryan Nauman, Market Strategist, Zephyr
August 10, 2026
Host Ryan Nauman interviews Concurrent CEO Nate Lenz on AI as productivity and entrepreneurship enabler, and NextGen advisor expectations.
Recorded live at Wealth Management EDGE, host Ryan Nauman welcomes Nate Lenz, co-founder and CEO of Concurrent, to discuss shifts in wealth management and the rise of NextGen advisors.
Lenz explains Concurrent’s platform model supporting independent wealth managers by handling middle and back office functions while preserving advisor autonomy, and highlights growth to supporting over 90 firms, plus newer RIA Capital Partners and Platform-as-a-Service offerings.
They discuss the aging advisor workforce amid rising demand for advice, AI as a productivity and entrepreneurship enabler rather than a job threat, and the increasing importance of human relationships as some services become commoditized. Lenz shares findings on nextgen expectations—mentorship and clear career paths over remote work—and describes Concurrent’s campus recruiting, internship program, training curriculum, and 18-month operational rotation.
