Convergent Wealth Advisors has hired Richard Wells as a managing director working for Independence, a division of Convergent focused on servicing clients with $1 million and more in investable assets.

Convergent Wealth Advisors has hired Richard Wells as a managing
director working for Independence,
a division of the firm which serves clients with $1 million and more
in investable assets.

Specifically, Wells will help expand that unit’s presence
outside of the firm’s traditional Washington, DC, New York and Los Angeles markets, starting with Atlanta, GA.

Independence
has over $500 million in assets under management as of late September 2013, having
ballooned by almost 100 per cent in under a year. The Independence client base has more than doubled
during that same time period, Convergent said.

“Our goal is to attract potential clients earlier in the
wealth creation cycle, such as pre-liquidity entrepreneurs, and build Independence into a
national brand—a solution for the ‘millionaire next door,’” said Douglas
Wolford, Convergent’s president and chief operating officer.  

Convergent Wealth Advisors advises on over $11 billion in
assets (as of September 30, 2013). The firm provides investment consulting
services and wealth management solutions to ultra high net worth individuals
and family offices with investable assets of $10 million and more.