Saturday, 1 August 2015
Last updated 18 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…