With the deal, Concurrent approaches $30 billion in assets under management and extends its advisor footprint to 33 states

Concurrent Investment Advisors, LLC (“Concurrent”) has acquired Spire Investment Partners (“Spire”), a wealth management platform serving independent financial professionals across the United States. The transaction was structured as an asset purchase and closed on September 30, 2026.

The deal marks Concurrent's first acquisition of another platform business at scale and signals the role Concurrent intends to play going forward: a destination for firms whose advisors need greater scale and resources to keep pace. Philosophical alignment is what makes these combinations work for Concurrent, and Spire was built to serve advisors in the same way.

Founded in 1997 and headquartered in McLean, Virginia, Spire is a hybrid RIA that has spent nearly three decades building a home for entrepreneurial advisors, offering solutions based on each advisor's preferred level of ownership and responsibility. In recent years, Spire expanded its offering to support third-party RIAs, an approach that aligns with Concurrent, and built out its SWAP program to serve as an in-house succession solution for its affiliated firms. Concurrent provides the path Spire sought to modernize its technology suite and offer deeper resources for advisors while keeping the core foundation intact.

David Blisk, Founder and CEO of Spire, said the decision to join Concurrent was the result of listening to what Spire's advisors need for their next phase of growth. “As we considered various options to continue to grow the firm, we heard loud and clear from our advisors that they wanted the technology and resources to keep driving their growth and relevance to their clients. All of this without giving up what makes them unique and maintains their independence,” Blisk said. “This next chapter gives our advisors additional resources, deeper support, and a broader community without asking them to give up the identity of the practices they have worked so hard to build. Spire has always empowered advisors to turn their vision into reality, and this partnership takes that mission even further."

“Spire shares our belief that advisors work best when they have the freedom to run their own businesses and a fully integrated support system behind them. That philosophical alignment is what made this deal possible,” said Nate Lenz, CEO of Concurrent. “David has built something special over nearly three decades. We are excited to honor that legacy while delivering a meaningful upgrade in technology, resources, and support for every Spire team.”

Spire advisors are gaining access to Concurrent's integrated technology platform, centralized services, and partnership model while continuing to own their practices, brands, and client relationships. They will benefit immediately from a more unified technology stack, expanded operational support, and access to growth capital and succession solutions.

Spire brings approximately $5.4 billion in total assets across business lines and more than 30 advisor teams to Concurrent. With the addition of Spire, Concurrent reaches $28.6 billion in assets under management, up from $16.8 billion at the start of the year. Concurrent also has $18 billion in corporate retirement plan assets under advisement. The transaction adds a home office presence in Northern Virginia and extends Concurrent's advisor footprint to 33 states.

Concurrent and Spire are coordinating the transition closely, with a focus on maintaining continuity of service while introducing enhanced capabilities over time. Additional terms of the transaction were not disclosed.

Berkshire Global Advisors served as the financial advisor to Spire, which was represented by Seward & Kissel. Concurrent was advised by Katz Teller.

About Concurrent

Concurrent Investment Advisors is a registered investment advisor operating as a platform, headquartered in Tampa, Florida, and built as a haven for entrepreneurial advisors. Concurrent serves advisors through platform and partnership, pairing integrated technology and services with access to growth capital so advisors can scale without sacrificing control. In addition to providing independent advisors with the tools, technology, and support they need to be successful, Concurrent differentiates itself through deep business consulting acumen and the sense of community built among its partner firms. Advisors and firms affiliate through Concurrent's traditional IAR channel or its Platform as a Service model. Concurrent is backed by Merchant Investment Management. Learn more at www.poweredbyconcurrent.com.

About Spire

Founded in 1997 and headquartered in McLean, Virginia, Spire is a hybrid RIA supporting independent financial professionals through infrastructure, service, and community, with solutions built around each advisor's preferred level of ownership and responsibility. Spire's advisors own their practices and client relationships, with Spire providing the operational backbone that lets them focus on turning their vision for their practice into reality. Learn more at www.spireip.com.

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David has built something special over nearly three decades. We are excited to honor that legacy while delivering a meaningful upgrade in technology, resources, and support for every Spire team.