Convergent Wealth Advisors has launched a new division that focuses exclusively on clients with between $500,000 and $5 million in investable assets.
The new division, called Independence by Convergent, will provide clients with their own personal advisor and a welcome kit that will include a free iPad, which they can use to check their portfolios, communicate with their advisors and schedule meetings and consultations, according to Washington, D.C.-based 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,'' said Steve Lockshin, founder and CEO of Convergent. ''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."