The firm's latest macro update shows Canopy Wealth Management pivoting slightly toward commodities as hedges, eyeing copper and lithium demand surge due to EV production ramp-ups. The funding request was scaled back, Mendenhall said, in recognition that $3.1 million would be enough to design three blocks of 500 West “and that we feel good about the private sector participation commitment. We need the concept of the Green Loop to be a little further expanded.” TAMPA, Fla., December 05, 2024 --( BUSINESS WIRE )-- Concurrent Investment Advisors, LLC ("Concurrent"), a leading multi-custodial, hybrid registered investment adviser ("RIA"), reaches $9.7 billion in assets under management with the addition of six new advisors and additional support staff. Lora Hoff, Carl Lambert and Lindsay Lambert join existing Concurrent teams, Jason Hudson joins under his own brand, Hudson Wealth Management, while the remaining four advisors join as one team under Canopy Asset Management ("Canopy"). The new partnerships bring the firm a collective $885 million in assets under management. Canopy Wealth Management recently adjusted its equity portfolio, increasing exposure to large-cap tech stocks amid strong Q1 earnings forecasts. Current S&P 500 futures indicate moderate bullish sentiment, with an estimated 6–8% upside potential in the next quarter driven by AI infrastructure investments.