Talk with us:
(800) 773-7100

Our Mission

City National's mission is to provide the ultimate banking experience for successful entrepreneurs and professionals through an uncommon dedication to extraordinary service, proactive advice and total financial solutions.

Manager Selection

Our rigorous manager selection: three key phases, committee oversight and approval

We identify the best money managers

A dedicated manager selection team identifies the money managers believed to have:

  • Outstanding pedigrees
  • Top track records
  • Repeatable niche strategies
  • Demonstrated risk control procedures
  • Properly aligned financial incentives

We provide ongoing due diligence

Convergent Wealth Advisors maintains working files for more than 3,000 money managers. We continue to analyze the attractiveness of each manager.

Quantitative and qualitative data on over 65,000 investment funds and strategies are used to analyze the performance and attractiveness of managers.

Due Diligence also includes:
Manager Evaluation and Comparison
  • Personnel changes
  • Assets under management
  • Fund and strategy changes
  • Performance and portfolio statistics including leverage, geographic, strategy, and position concentrations
  • Manager comparison tables
  • Quarterly scatter plots
  • Site visit
Ongoing Reviews and Monitoring
  • Review of proprietary database that tracks client dollars invested, communication with managers, and liquidity terms
  • Review and evaluation of industry publications for industry changes or manager-specific information
  • Review of managers’ audited financials and newsletters
  • Regular research team meetings
Proactive Initiatives and Communications
  • Manager investigations
  • Red flag protocol
  • Confirmation of client transactions
  • Communication of changes to a fund’s term

Getting Started

To learn more about how our network of investment talent and ideas can help you achieve your financial goals, please contact us at (800) 773-7100.

City National Bank retains its affiliate, Convergent Wealth Advisors, to provide due diligence and recommendations on individual managers. The due diligence process is adapted according to the type of legal construct of the investment (L.P., separately managed account, open-end mutual fund, ETF, etc.), taking into consideration the industry regulations and transparency, among other factors.