WASHINGTON, Feb. 25, 2010 (GLOBE NEWSWIRE) -- Convergent Wealth Advisors today announced that Barron's has named three Convergent advisors to its annual state-by-state ranking of the top 1,000 financial advisors in the nation. This list includes advisors from both independent registered investment advisory firms and large wirehouses.
Steve Lockshin, Convergent's founder and CEO, was ranked #4 in California. George Dunn, executive director, was ranked #9 in Maryland and Lori Van Dusen, executive director, ranked #46 in New York.
"We are honored to have been recognized by Barron's and are especially proud that we were the top listed independents – not affiliated with a wire house, in both California and in Maryland. Moreover, New York and California are states that had a disproportionately high number of recognized Advisors, so the recognition is even more meaningful," said Lockshin. "Our team at Convergent works hard every day to help our clients achieve their goals, and our place in these rankings was attained as a result of their commitment to our clients."
The Barron's rankings are based on data provided by over 4,000 of the nation's most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice, and philanthropic work.
About Convergent Wealth Advisors
Convergent Wealth Advisors is a recognized industry leader in wealth management, advising on over $13 billion in assets. 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 over 370 ultra-high net worth individuals, institutions and family offices. Convergent is headquartered outside of Washington, D.C., with offices in Atlanta, Los Angeles, New York, Philadelphia, Portland (OR), Rochester (NY) and Seattle. 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.