I usually dont tow anything untill the safety stop and then it would be a SMB.
The good thing about currents is that everyone jumping in at the same time will be drifting in the same general direction and a good captain can ballpark where youll finish the dive, based on things like how strong the current would be, topography of the dive site and the dive plan(s).
If you have an agreed upon pickup signal for your boat, they will know that all divers on the surface giving this specific sign will belong to them and pick them up.
The BIG downside Ive found to ending up outside of the group is of course that you may have to wait for the others to be picked up before the boat gets to you and thats a bitch when you have to go pee but cant pee in the suit
If I where in a location where a flag was required to be towed, Id put one on top of an smb so that I could just shoot it when/if separated from the group..