Concurrent Investment Advisors has announced a partnership with TAVO Wealth, a newly launched independent firm managing $1.2 billion in client assets, propelling Concurrent past $20 billion in total assets under management. The partnership provided TAVO with strategic transition guidance and support as the team departed Raymond James & Associates to establish its own independent practice serving families across the country with sophisticated, customized financial and legacy planning.
TAVO was launched by four seasoned advisors — David Ahlquist, John O’Shea, Nick Troiano, and Steve VanNostrand — who chose independence to enhance how they serve clients while maintaining full ownership and control of their business. Through the Concurrent partnership, the team gains access to institutional-caliber resources across operations, technology, compliance, and investment solutions while retaining the flexibility to grow on their own terms. The team’s custodial relationship with Fidelity Institutional Wealth Management Services will expand capabilities across the platform, and operating as a fully integrated firm enables more cohesive client service and seamless collaboration across relationships.
Tampa-based Concurrent said the TAVO partnership is representative of the growth model it has been executing since the beginning of 2026, during which the firm has added more than $3 billion in assets under management through partnerships with 24 independent advisors who have either launched their own firms, joined existing teams within the Concurrent network, or transitioned their practices while preserving brand identity. Concurrent is backed by Merchant Investment Management and provides capital, consulting services, and compliance support to independent-minded financial professionals across flexible models including minority investments and platform support.
KEY QUOTES:
“The single most important factor for us has always been alignment of values. I believe that when firms prioritize a healthy, genuine internal culture, clients reap the benefits. We found that alignment with Concurrent. Combined with the resources and partnership structure they provide, this positions us to deliver an even stronger experience for our clients.”
David Ahlquist, Partner and Advisor, TAVO Wealth
“Our partnership with the TAVO team is a clear example of what we’re building at Concurrent, bringing together platform and partnership to help exceptional teams take control of their future. This is not just about a transition, it’s about creating a long-term alignment that supports growth, ownership, and independence.”
Joe Mooney, Managing Director and Head of Business Development, Concurrent Investment Advisors
