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Convergent Wealth Advisors Expands Wealth Management Capacity in New York
  • USA - English


News provided by

Convergent Wealth Advisors

Jan 14, 2014, 10:30 ET

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Nicole M. Cost
Nicole M. Cost

New York, NY (PRWEB) January 14, 2014 -- Nicole M. Cost has joined Convergent Wealth Advisors in the company’s Manhattan office. In her role as Managing Director, Ms. Cost is responsible for client service and business development, as well as engaging with strategic custodial relationships in the greater New York area. Prior to joining Convergent, Ms. Cost was Managing Director at Evercore Wealth Management, where she managed several hundred million dollars in client assets for approximately 62 high net worth relationships.

The addition of Ms. Cost further expands Convergent’s investment knowledge and servicing capabilities to current and future high net worth clients.

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The addition of Ms. Cost further expands Convergent’s investment knowledge and servicing capabilities to current and future high net worth clients. In addition to trust and estate planning, one of Nicole’s distinct areas of expertise is working with successful women professionals in the creation and implementation of personal wealth plans.

Ms. Cost expresses, “There is a huge need for comprehensive wealth planning—too few companies really focus on it—and it’s exciting to combine my experience with a nationally recognized firm like Convergent. I am looking forward to leveraging the unique resources Convergent possesses.”

“This year, the New York market is going to be a major strategic focus for Convergent,” states Douglas Wolford, Convergent’s President and COO. “Nicole is both incredibly talented and has deep experience in building trusted relationships with clients. We’re delighted that Nicole will serve as the nucleus of a major New York presence for us.”

About Convergent Wealth Advisors

Convergent Wealth Advisors is a recognized industry leader in wealth management, advising on over $11 billion in assets (as of September 30, 2013). Convergent provides investment consulting services and customized wealth management solutions to ultra-high net worth individuals and family offices with investable assets of $10M and more. Independence by Convergent™ is a division of Convergent focused on servicing clients with $1 million and more in investable assets.

City National Bank is backed by $29.1 billion in total assets (as of September 30, 2013), and provides banking, investment and trust services through 77 offices, including 16 full-service regional centers in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. The company and its investment affiliates manage or administer $61.5 billion in client investment assets as of September 30, 2013. City National is the 25th largest American commercial bank by asset size.

Convergent has offices in Washington, DC, Los Angeles, New York, and Portland, OR.

Media Contact: Douglas Wolford | 301.284.1112 | Doug.Wolford(at)ConvergentWealth(dot)com

Non-deposit investment products are not FDIC insured, are not deposits or other obligations of City National Bank, are not guaranteed by City National Bank and involve investment risks, including the possible loss of principal.

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

Douglas Wolford, Convergent Wealth Advisors, http://www.convergentwealth.com, 301-284-1112, [email protected]

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