Sontag Advisory has recruited a senior advisor in NYC.

David Kelman, formerly of Convergent Wealth Advisors, has joined New York City-based Sontag Advisory as a senior advisor.

Kelman specializes in working with families and entities “in transition” including business sales, wealth transfers and separation of family assets.

As a managing director at Convergent, he worked with affluent individuals, families and businesses in the greater New York City area.

Earlier, he held senior roles at Next Capital Management, Bank of America Merrill Lynch, Credit Suisse First Boston and Donaldson, Lufkin & Jenrette. He has a strong background in M&A, healthcare investment banking and private wealth management, Sontag said.

Sontag Advisory is an RIA with around $4 billion in assets under advisement. Last month, the firm appointed Michael Delgass - a managing director since 2005 - as chief executive (see more here.)