WASHINGTON, Aug. 16, 2011 (GLOBE NEWSWIRE) -- Convergent Wealth Advisors is proud to announce that AdvisorOne has ranked Convergent #2 on its annual list of Top 100 Wealth Managers. In 2010, Convergent also received the #2 ranking.
"It is an honor to be included in the AdvisorOne ranking," said Convergent's president, Douglas Wolford. "Honors such as this are a result of our commitment to providing Convergent clients with the best possible service and innovative investment solutions."
The AdvisorOne rankings are based on data provided by fee-only registered investment advisors registered with the Securities and Exchange Commission as of 12/31/2010.
About Convergent Wealth Advisors
Convergent Wealth Advisors is a recognized industry leader in wealth management, advising on over $14 billion in assets (as of March 31, 2011). 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, D.C., with offices in Los Angeles, New York, Portland (OR), and Rochester (NY). 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.
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.