WASHINGTON, DC – Convergent Wealth Advisors, a nationally recognized industry leader in wealth management, today announced the launch of Independence by Convergent™, a new division focused exclusively on serving the needs of clients with between $500,000 and $5 million in investable assets.
“Convergent has been providing investment advice to ultra-affluent individuals and family offices since 1994,” said Steve Lockshin, founder and CEO of Convergent. “We realize one size does not fit all and therefore have developed a wealth management solution for those who aspire to the kind of financial independence enjoyed by our current client base. Independence is designed to deliver the expertise and knowledge previously available only to the ultra-affluent to a much broader market.”
“We’re bringing to the $1 million investor a tailored solution using the approach and many of the techniques used by the $100 million investor,” said Douglas Wolford, president and COO of Convergent. “The name says it all—we want to help these clients achieve the kind of financial independence typically enjoyed only by the ultra-wealthy.”
“We prize our own firm’s independence,” said Wolford. “And so Independence provides advice, not products. Our fees are transparent and we have no hidden agendas. As a result, what we recommend, we recommend solely for the benefit of our clients.”
Clients will have their own personal Independence advisor and will receive an iPad as part of their welcome kit, which they can use to check their portfolios, communicate with their advisors, and schedule meetings and consultations.
Wolford added, “Independence will use videoconferencing and other technology to create a service model that gives Independence clients a direct, personal connection with their advisors.”
Independence is initially being marketed in the Washington, DC−New York corridor. For more information on Independence—and to calculate your own Independence Day—visit Independence.com.
About Convergent Wealth Advisors
Convergent Wealth Advisors is a recognized industry leader in wealth management. Convergent provides investment consulting services and customized wealth management solutions, including advice on concentrated stock strategies, alternative investments, collateralized lending, specialty financings, and insurance and estate planning, to ultra-high net worth individuals, institutions, and family offices. Convergent is headquartered outside of Washington, DC, with offices in Los Angeles, New York, and Portland (OR).
Media Contact:
Laura Smith
301.998.0304
Laura.Smith@ConvergentWealth.com
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.
