Updated

Updated · Wealth Management · Aug 10

Concurrent CEO Says AI Lifts Productivity as Firm Supports Over 90 Wealth Managers

Updated

Updated · Wealth Management · Aug 10

Concurrent CEO Says AI Lifts Productivity as Firm Supports Over 90 Wealth Managers

1 articles · Updated · Wealth Management · Aug 10

Nate Lenz said AI should help advisors work more productively and build businesses, not replace them, in an interview recorded at Wealth Management EDGE.
Concurrent’s model handles middle- and back-office functions while preserving advisor autonomy, and Lenz said the platform now supports more than 90 firms alongside newer RIA Capital Partners and Platform-as-a-Service offerings.
Lenz framed that push against an aging advisor workforce and rising demand for advice, arguing human relationships will matter more as some wealth-management services become commoditized.
NextGen advisors are prioritizing mentorship and clear career paths over remote work, he said, prompting Concurrent to expand campus recruiting, internships, training and an 18-month operational rotation.

Sources

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