Washington, DC (PRWEB) July 09, 2014
Edmund S. Muskie, Jr. (Ned) has joined Convergent Wealth Advisors in the company’s Washington, D.C. office. Joining as Managing Director, Mr. Muskie will continue to bring wealth management solutions to ultra-high net worth individuals and families, as well as philanthropic institutions in the greater metro Washington, D.C. area.
Prior to joining Convergent, Ned was Senior Vice President and Private Client Advisor at U.S. Trust, where he oversaw a significant portfolio of wealth management clients. He led a team of professionals in advising high net worth individuals and institutions on the delivery of investment management, financial planning, and other wealth management solutions.
Mr. Muskie comments, “I believe strongly in the depth and breadth of Convergent’s wealth management offering from investment management and tax strategy to estate and charitable planning. Convergent’s deep resources and meaningful advice seek to add value to wealthy families and institutions in need of truly holistic solutions. I’m delighted to be joining a dynamic and entrepreneurial firm where my experience and network will have an immediate impact.”
“Managing wealth for the ultra-affluent is growing more and more complex,” states Douglas Wolford, Convergent’s President and COO. “Leveraging the unique resources and talents that Convergent possesses is something Ned believes is a major differentiator in the wealth management marketplace,” adds Mr. Wolford.
Charles Winn, Convergent’s Managing Director in charge of business development, states, “I am delighted that Ned has chosen to join Convergent. Ned is an experienced advisor in the private wealth management field and his hiring is indicative of the quality talent we continue to bring aboard. I warmly welcome Ned to the firm.”
About Convergent Wealth Advisors
Convergent Wealth Advisors is a recognized industry leader in wealth management, managing over $8 billion in assets (as of March 31, 2014). 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 $29.7 billion in total assets (as of December 31, 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 $66.4 billion in client investment assets as of March 31, 2014. 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@ConvergentWealth.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.