Fisher Vet Wells Joins Convergent Wealth Advisors

Dec 17 2013 | 2:32pm ET

Fisher Investments alumnus Richard Wells has joined Convergent Wealth Advisors as managing director.

The 20-year industry vet will focus on the firm's wealth management platform, Independence by Convergent, which serves clients with investable assets of $1 million or more. Wells will work to expand the platform's presence beyond Washington, DC; New York and Los Angeles, concentrating initially on the Atlanta, Georgia market.

The Independence platform had $500 million under advisement as of September 2013, representing growth of almost 100% in a year. The platform's client base has more than doubled in that period.

Said Convergent CEO Dave Zier in a statement: “To have a talent like Richard join Convergent is a testament to our solid brand and related ability to attract some of the best talent out there.”

Convergent advises on over $11 billion in assets (as of September 30, 2013), providing investment consulting services and customized wealth management solutions to ultra-high net worth individuals and family offices with investable assets of $10 million and more.

Convergent is a majority-owned subsidiary of Convergent Capital Management, which is a subsidiary of City National Corporation, the parent company of City National Bank.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...