Independence by Convergent™ Receives New Wealth Advisor Award
NEW YORK, NY (PRWEB) February 09, 2015 -- Independence by Convergent™ was honored for its excellence as a wealth manager by Private Asset Management (PAM) at the organization’s recent New York City awards ceremony held on February 2nd. Securing the award for Best RIA for High Net Worth advisory, Independence was additionally short-listed for consideration in the categories of Private Client Investment Platform–Client Services; and Best Lifestyle Firm. This event marks PAM’s fifth year celebrating those investment and wealth managers who have provided successful and high-quality financial management offerings, client service, and innovation to high net worth individuals.
“This award speak volumes to the effort put forth by our Independence team to achieve excellence, and we are honored to have won,” stated Charles Winn, Chief Sales and Marketing Officer.
Chief Operating Officer Bill Bancroft added “At Independence we seek to deliver our proprietary wealth strategies and investment techniques used by the $100 million investor to the $1 million investor. Our firm provides tailored wealth management solutions to clients nationwide, backed by Convergent’s twenty-year history and experience working with ultra-high net worth clients.”
Independence is a division of Convergent Wealth Advisors, who was also shortlisted in the Best Private Wealth Manager–Client Service, over $5 billion; and Best Lifestyle Firm categories.
About Independence by Convergent™ and Convergent Wealth Advisors
Independence by Convergent™ is a division of Convergent focused on servicing clients with $1 million and more in investable assets. Convergent Wealth Advisors is a recognized industry leader in wealth management, managing $8.6 billion in assets (as of September 30, 2014). Convergent provides 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.
City National Bank is backed by $32 billion in total assets (as of December 31, 2014), and provides banking, investment and trust services through 75 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 $60.8 billion in client investment assets as of December 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(dot)Wolford(at)ConvergentWealth(dot)com
The Private Asset Management award ranking is based on financial progress: candidates must be able to demonstrate a performance track-record over the course of the last twelve months, growth: client numbers, internal hires and geographic expansion, client satisfaction: provide evidence of client satisfaction, including anecdotes and direct client statements, product innovation: details of new services and products launched over the course of 2014. Independence’s accolade was based upon the information provided on Growth and Product Innovation.
Non-deposit investment products are not FDIC insured, are not deposits or other obligations of Convergent Wealth Advisors, are not guaranteed by Convergent Wealth Advisors 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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