Initial Investments Include Post Oak and Oliver Capital Management
TAMPA, Fla.–(BUSINESS WIRE)–Concurrent Investment Advisors, LLC (“Concurrent”), a hybrid registered investment adviser supporting independent wealth managers across the country, continues its strong momentum following a standout first quarter that added over $2 billion in new client assets. In Q2, the firm has announced an additional $500 million in affiliated assets and the formal launch of its strategic minority investment initiative, RIA Capital Partners.
Among the latest teams to join the platform is Alden Capital Management of Bellevue, WA ($390 million AUM), which cited Concurrent’s advisor-first culture, flexible architecture, and integrated operational support as key drivers in their decision.
“These teams represent exactly the type of growth-minded, independent advisors our platform is built to support,” said Joe Mooney, Head of Business Development at Concurrent. “They’re client-centric, entrepreneurial, and understand the long-term benefits of aligning with a partner—not a consolidator.”
Concurrent also unveiled RIA Capital Partners, a new program designed to provide strategic minority investments in RIAs seeking succession planning, growth capital, or partial monetization. The first investments under the initiative include:
- Post Oak Wealth Partners (Houston, TX) – $250 million AUM, led by Rob Wyrick
- Oliver Capital Management (Seattle, WA) – $450 million AUM, led by Mark Oliver
“With capital becoming more accessible, we’re seeing increased demand from RIAs looking to de-risk, scale, or transition their businesses,” said Nate Lenz, CEO of Concurrent. “We’re uniquely positioned to serve as a capital partner because we’ve been through this journey ourselves and can offer more than just funding—we bring experience, infrastructure, and a community of support.”
The program delivers far more than capital—it offers RIAs access to comprehensive strategic and operational consulting.
“RIAs want more than just an investor—they want a thought partner,” said Liz Lenz, Managing Director of Practice Synergies and Enterprise Consulting. “We start with a consultative discovery process to evaluate the firm’s structure, client experience, and growth trajectory. From there, we deliver tailored coaching, workshops, and enterprise-level support across leadership, advisors, and staff.”
Through RIA Capital Partners, firms gain access to Concurrent’s full suite of capabilities—including asset management, recruiting, M&A, marketing, and technology—allowing them to scale with intention and purpose.
“With experts who’ve built and grown firms before,” added Liz, “we help our partners design better service models, improve operational infrastructure, and enhance long-term enterprise value.”
Concurrent expects to announce additional investments through RIA Capital Partners in the coming months.
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.
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