Concurrent Adds Advisors, Tops $29 Billion in Assets

Tampa-based Concurrent Investment Advisors expanded its advisor network with several firms managing over $1 billion combined.

Updated on Nov. 6, 2026 in Financial Planning

Mid-rise glass and stone office building viewed from street level under overcast daylight, with a bare concrete planter in the foreground. — Concurrent Investment Advisors added Benchmark Financial Advisors and Foreman Financial among six new advisors, lifting its assets under management above $29 billion. AI Illustration. Upload story photo >

Concurrent Investment Advisors added Benchmark Financial Advisors, Foreman Financial and four other advisors to its network between September and October. The added advisors together manage more than $1 billion, lifting Concurrent's total assets under management to more than $29 billion.

Why it matters

The expansion shows continued consolidation of independent advisory firms onto registered investment advisor platforms that offer institutional-style infrastructure to smaller practices. For clients of the joining firms, the move reflects a structural shift toward platform-based advisory models.

The announcement cites more than $1 billion in combined assets across the added advisors and more than $29 billion for Concurrent overall, figures reported by the company rather than independently verified. The release does not disclose how those assets are split across the individual firms beyond the figures given for Foreman Financial and the Benchmark team.

The players

Concurrent Investment Advisors

Tampa, Florida-based registered investment advisor that operates as a platform supporting independent advisory firms.

Foreman Financial

Advisory firm founded by Kevin Foreman, previously affiliated with Raymond James Financial Services, that manages nearly $400 million in assets.

Benchmark Financial Advisors

Sewickley, Pennsylvania-based advisory firm whose partners left Ascentis Independent Advisors to join Concurrent.

The details

Benchmark Financial Advisors partners Tim P. Miller and Stephanie Hunter left Ascentis Independent Advisors in Dallas, where they managed more than $300 million, to join Concurrent. Kevin Foreman, who founded Foreman Financial, said the partnership will help deliver institutional-caliber services with autonomy; Foreman Financial was previously affiliated with Raymond James Financial Services.

September 2026: Advisors began joining the Concurrent network.
October 2026: Advisors completed joining the Concurrent network.

Market Dynamics

The move follows the broader migration of independent advisory practices away from broker-dealer affiliations such as Raymond James toward registered investment advisor platforms. Platforms like Concurrent compete by offering back-office and compliance infrastructure that smaller firms would otherwise build themselves.

Clients of the joining firms may see changes in the advisory platform, custodial arrangements, or reporting tools as their practices move onto Concurrent's infrastructure. Investors evaluating a new advisor should ask whether any transition affects fees, service teams, or account custody.

The takeaway

When an advisory firm changes platforms, ask how the move affects your fees, your account custodian and who handles your day-to-day service. Those practical details matter more than the headline asset total.