Get Wise to Your Advisor: How to Reach Your Investment Goals Without Getting Ripped Off

About the Author

Steve Lockshin founded Convergent Wealth Advisors in 1994 to deliver a differentiated offering to ultra-affluent individuals. Steve served as CEO of the firm for 18 years, during which time Convergent became one of the nation’s leading wealth management firms, providing investors with objective advice, flexible investment solutions, and complete transparency.

Recognized as a thought leader in the wealth management industry, Steve helped pioneer the open architecture approach to investing. He was also an early adopter of asset allocation strategies for the ultra-high-net-worth client, employing a mathematical process to determine appropriate client portfolios based on cash flow needs. With Steve’s oversight, Convergent became an innovator in the use and analysis of risk and reward parameters for alternative portfolios, equity risk management for concentrated portfolio holdings, and other strategies now employed industry-wide.

Steve has received many industry accolades, including being ranked by Barron’s as the #1 advisor in California for the past two years. Steve ranked #2 on Barron’s Top 100 Independent Financial Advisors list in 2012 and #1 in 2011, his third straight year as one of the top five independent advisors in the nation. In 2010, Washingtonian Magazine named Steve as one of the Top Financial Advisors in the Washington, DC area.

In 1995, as part of the development of Convergent Wealth Advisors, Steve founded CMS Reporting. CMS Reporting is now known ...