People Moves
Convergent Wealth Advisors Expands Leadership Team
Convergent Wealth Advisors has recruited a president with a strong background in private wealth management in Washington, DC.
Convergent Wealth Advisors, an independently operated affiliate of City National Bank, has hired John Elmes as president.
Elmes replaces Doug Wolford, who was appointed as CEO in 2014, the firm confirmed.
His past experience includes senior roles at JP Morgan Private Bank, GenSpring Family Offices, Alex Brown and Arthur Andersen.
Convergent Wealth Advisors manages $6.4 billion in assets as of March 31, 2015. The firm serves clients with at least $5 million in assets. Independence by Convergent is a division of Convergent focused on servicing clients with $1 million and more in investable assets.
Convergent has offices in Washington, DC, Los Angeles, New York, and Portland, OR.