Concorde Adds Tax-Focused RIA KOA Financial Group to Platform
Event summary
- Concorde Investment Services has integrated KOA Financial Group, a Las Vegas-based RIA, into its platform.
- KOA Financial Group was founded in 2025 by Aaron Oborn and Mark Kasminoff.
- KOA Financial Group specializes in tax-efficient wealth management strategies for high-income professionals and business owners.
- Concorde is a broker-dealer, RIA, and insurance firm serving financial advisors nationwide.
The big picture
Concorde's acquisition of KOA Financial Group signals a strategic push to differentiate its advisor platform by incorporating specialized tax planning expertise. This trend reflects the increasing complexity of financial planning and the demand for advisors who can navigate tax-efficient investment strategies for high-net-worth clients. The move also highlights the ongoing consolidation within the RIA space, as broker-dealers seek to enhance their value proposition and attract specialized advisors.
What we're watching
- Client Migration
- The success of this integration hinges on the smooth transition of KOA Financial Group's client base and retention rates, which will indicate the appeal of Concorde's platform.
- Regulatory Scrutiny
- Given the focus on tax planning, Concorde will need to ensure KOA's strategies remain fully compliant with evolving tax regulations and avoid potential regulatory scrutiny.
- Platform Adoption
- The extent to which other advisors adopt Concorde's platform following this acquisition will be a key indicator of its long-term strategic value.
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