Convergence Financial

RIASEC RegisteredEst. 2019
Total AUM
$904M
Discretionary
$903M
100% of AUM
Avg account
$191K
Accounts
4,725
Employees
18
Advisory reps
28

Firm details

Headquarters
Columbia, Missouri
CRD number
304146
Registered since
June 3, 2019
Website
www.convergence-financial.com
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI64.46%
  • Individuals32.59%
  • Corporations / Businesses1.95%
  • Charitable Organizations0.7%
  • Pension & Profit Sharing Plans0.3%
Services
Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

Convergence Financial is an independent registered investment adviser organized as an LLC and registered with the SEC in 2019. The firm serves individuals, families and institutional clients, offering financial planning, portfolio management for individuals and small businesses, and pension consulting. Its pricing mixes percentage-of-AUM billing with hourly and fixed-fee arrangements. Convergence reports being an active ESG investor and uses third-party managers where appropriate rather than operating as a dedicated capital allocator.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 74%, Exchange Traded Equities 19%, Cash & Cash Equivalents 2%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Non-Investment Grade Corp Bonds 1%, Private Funds 1%74%
  • Public Funds/Mutual Funds74%
  • Exchange Traded Equities19%
  • Cash & Cash Equivalents2%
  • US Government Bonds1%
  • State & Local Bonds1%

Owners & executives

2 of 2
  • Travis Cook

    Travis Cook

    CEO & Financial AdvisorCRD 5222336

  • Adam Parrie

    Chief Compliance OfficerCRD 6104343

Contacts

3 of 26
  • Tyler Hoffmann

    Tyler Hoffmann

    President, Financial AdvisorCRD 5684883

  • Dawna Westberg-welch

    Dawna Westberg-welch

    Wealth AdvisorCRD 5730451

  • Philip McGregor

    Philip McGregor

    Financial AdvisorCRD 5132262

Unlock 23 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 128

Active vs passive

$1.4B in ETFs

Passive

80%

$1.1B

Active

17%

$296M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) GROWTH ETF (SPYG)State StreetPassiveLarge Growth$97.3M817,6716.74%
Unlock additional holdings →

Location

Primary office

Columbia, MO

Boone

Location

Columbia, MO

Headquartered in Columbia, MO, anchoring the Columbia-Moberly-Mexico, MO metro in the Midwest.

Metro area
Columbia-Moberly-Mexico, MO
Region
Midwest
County
Boone
Address
3919 S Providence Rd
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth