Concurrent — an advisor-owned partnership of independent advisors affiliated with Raymond James Financial Services — says it has added seven more advisor teams collectively bringing in more than $1.1 billion to its network.
In Lakewood Ranch, Fla., Richard Crowne and Kelly Coghlan have joined the Concurrent network from Wells Fargo Advisors, bringing close to $147 million in client assets, Concurrent says.
Wells Fargo Advisors also lost Jason Huffman in Diberville, Miss., to Concurrent, adding $36 million in client assets, Concurrent says.
In the Grosse Pointe, Mich., area, Concurrent has added John Reeber, who also comes from Wells Fargo Advisors, overseeing around $30 million, the company says.
Thacker Wealth and Retirement, comprised of Tracy Thacker, Tammy Duncan, Penney Brooks and Debra Thacker, have joined Concurrent in Owensboro, Ky., from Edward Jones, where they managed $259 million, Concurrent says.
"With access to the Raymond James platform, I’ll have access to a much broader spectrum of resources that will allow my team to offer more holistic services and spend more time focused on my clients,” Tracy Thacker says in a statement.
Edward Jones also lost Kayla Jo Teckenbrock and Jackie Rainey to existing Concurrent office Hendrickson Wealth and Retirement, in Benton, Ky., Concurrent says. The pair brings $87 million in client assets, the company says.
In Fairbanks, Ala., Concurrent has added Head Retirement & Wealth Strategies, which includes 40-year industry veteran Roark Head and fellow advisor Austin Head, along with service associate Deborah Combs, the company says. The team was previously affiliated with Wedbush Securities and brings close to $300 million, Concurrent says.
Moreover, also in Fairbanks, Wedbush lost Krista Stamper of Stamper Wealth and Retirement Group to Concurrent, the company says. Stamper is bringing close to $253 million in client assets to the firm, Concurrent says.
Founded in 2016, San Diego-based Concurrent has grown its network to include close to 115 advisors overseeing more than $9.1 billion from 49 offices nationwide as of November 19, the company says.