Convergent Wealth Advisors Grows Leadership Team in Washington, DC

Hires John T. Elmes, CFA® as President

Washington, DC (PRWEB) June 29, 2015

Convergent Wealth Advisors is pleased to announce that John T. Elmes has joined the firm as President. Mr. Elmes will be an integral part of the leadership team, responsible for the client facing organization, the investment deliverable, and contributing to the national business development efforts.

With over 25 years of wealth management expertise, Mr. Elmes has a successful track record of building and managing wealth advisory businesses. Mr. Elmes spent a decade with GenSpring Family Offices in multiple leadership roles including Head of Investments, Head of Marketing/Business Development and founder of the DC office. There, he played a significant role in developing an industry changing Multi-Family Office (MFO) brand and growing assets under management.

Additionally, Mr. Elmes was a Partner at Arthur Andersen and a Managing Director/Market Manager at JP Morgan's Private Bank. In every role, Mr. Elmes has prioritized clients' interests first, focused on delivering integrated/aligned advice, recognized the criticality of superior talent, and has been dedicated to advancing the fiduciary standard.

"John is a talented and seasoned leader," said CEO Douglas Wolford. "His commitment to both clients and employees is inspiring. We are thrilled to have him as part of the Convergent family as we enter a new phase of our company's evolution."

"I'm proud to be joining such a dynamic and entrepreneurial firm. The MFO industry is a disruptive force and I am excited about Convergent's leadership role in such an exciting time. Ensuring wealthy families understand that they have a choice for advice completely aligned with their interests is a vision within reach," said Elmes.

"John's talents and energy will complement our client relationships nicely," added Charles Winn, Convergent's Chief Sales & Marketing Officer. "His expansive industry experience will help catapult Convergent into the future. We are excited to welcome John to our firm."

About Convergent Wealth Advisors

Convergent Wealth Advisors is a recognized industry leader in wealth management, managing $6.4 billion in assets (as of March 31, 2015). Convergent provides investment consulting services and customized wealth management solutions to ultra-high net worth individuals and family offices with investable assets of $5 million and more. Independence by Convergent™ is a division of Convergent focused on servicing clients with $1 million and more in investable assets.

City National Bank is backed by $32 billion in total assets (as of March 31, 2015), and provides banking, investment and trust services through 75 offices, including 16 full-service regional centers in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, and Atlanta. The company and its investment affiliates manage or administer $62 billion in client investment assets as of March 31, 2015. City National is the 25th largest American commercial bank by asset size.

Convergent has offices in Washington, DC, Los Angeles, New York, and Portland, OR.

Media Contact: Douglas Wolford | 301.284.1112 | Doug.Wolford(at)ConvergentWealth(dot)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.

Convergent is a majority-owned subsidiary of Convergent Capital Management, LLC, which is a subsidiary of City National Corporation CYN, the parent company of City National Bank.

For the original version on PRWeb visit: http://www.prweb.com/releases/2015/06/prweb12817350.htm