January 16, 2025
In this week’s Barron’s Advisor Big Q, they asked top financial advisors for their 2025 business goals and priorities, and our CEO Nate Lenz was among them. Nate outlined three areas of focus for the coming year to further enhance the support we provide to our advisors.
We have big plans this year to build out our investment team and platform. With many of our advisors looking to outsource and centralize investment management, we’ve brought on a new chief investment strategist and are making strategic hires to strengthen this area. We’re leveraging cutting-edge technology to deliver customization at scale, ensuring our advisors maintain their unique touch while benefiting from our enhanced investment expertise and tools. This approach allows us to professionalize and streamline investment management, empowering advisors to focus on delivering exceptional client experiences.
Next, Nate highlighted our initiative to advance our data strategy. We’ve partnered with Invent to develop a robust data lake, which will optimize our technology integrations and make our underlying data actionable. This forward-looking approach will reduce onboarding friction for advisors joining us from the RIA space, enabling seamless integration with their existing technology and contracts.
And lastly, we’re focusing on long-term succession planning for our advisors by enhancing our business consulting and practice management services. Our new Head of Practice Synergies, Liz Lenz, brings years of expertise in practice management coaching, and together, we’re working to help advisors achieve their business goals, whether it’s refining compensation plans, systematizing their client experience, or maximizing our technology stack.
At Concurrent, 2025 is all about investing in the resources, relationships, and innovations that drive success for our advisors.