Specifically, Wells will help expand that unit’s presence outside of the firm’s traditional Washington, DC, New York and Los Angeles markets, starting with Atlanta, GA.

Independence has over $500 million in assets under management as of late September 2013, having ballooned by almost 100 per cent in under a year. The Independence client base has more than doubled during that same time period, Convergent said.

“Our goal is to attract potential clients earlier in the wealth creation cycle, such as pre-liquidity entrepreneurs, and build Independence into a national brand—a solution for the ‘millionaire next door,’” said Douglas Wolford, Convergent’s president and chief operating officer.  

Convergent Wealth Advisors advises on over $11 billion in assets . The firm provides investment consulting services and wealth management solutions to ultra high net worth individuals and family offices with investable assets of $10 million and more.