Monday, 23rd November 2009

 

5 September 2008 - Press Briefing

Convergent snaps up $7bn Citigroup wealth teams

Convergent Wealth Advisors has snapped up two wealth management teams from Citigroup’s institutional-clients group with combined assets under management of about $7bn (€4.8bn), according to a report in InvestmentNews.

George Dunn and Peter Dunne, who had been with the US financial services giant for more than two decades, joined Convergent on Friday in its Washington office as managing directors.

David Mattia, an 18-year veteran of Citigroup, and Lori Van Dusen, who had been with the company for 21 years, also joined the wealth manager last week in its Rochester office as managing directors, the InvestmentNews report added.

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