updated 9/23/2010 5:15:25 AM ET 2010-09-23T09:15:25

WASHINGTON, Sept. 22, 2010 (GLOBE NEWSWIRE) -- Convergent Wealth Advisors is pleased to announce that Lori Van Dusen, executive director, has been named the 2010 Nonprofit Consultant of the Year by Institutional Investor's Foundation & Endowment Money Management*. The Consultant of the Year Award is given to open-minded and innovative thought-leaders with a substantial base of nonprofit clients and a thorough understanding of the industry and their clients' needs.

"It is an honor to be named the 2010 Nonprofit Consultant of the Year," said Van Dusen. "This award recognizes the hard work and commitment of all of the members of the Convergent team. We are proud to provide our clients with exceptional service and hands-on, proactive investment advice each and every day." 

Van Dusen joined Convergent in 2008 as co-head of the firm's Institutional Group with colleague George Dunn. She is widely considered to be a pioneer in the investment management industry and has been providing investment consulting services to institutional and private clients for twenty-three years.

Foundation & Endowment Money Management's 2010 Nonprofit Awards for Excellence recognize consultants who stood out for their successes, achievements, and contributions over the past year. Winners were selected by the editorial team of Institutional Investor's Foundation & Endowment Money Management newsletter following their industry-wide due diligence. For more information please go to www.foundationendowment.com .

About Convergent Wealth Advisors

Convergent Wealth Advisors is a recognized industry leader in wealth management, advising on over
$13 billion in assets for individuals, institutions, and family offices (as of June 30, 2010). With an open-architecture investment philosophy and a boutique-style approach to client service, Convergent provides specialized investment management, portfolio advisory and performance measurement services.  Convergent is headquartered outside of Washington, DC, with offices in Los Angeles, New York, Portland (OR), Rochester (NY), and Seattle. Convergent is a majority owned subsidiary of Convergent Capital Management, which is a subsidiary of City National Corporation (NYSE:CYN), the parent company of City National Bank. For more information, please visit our website at www.ConvergentWealth.com/Institutions .

*Ranking Criteria: Consultant of the Year nominees have a substantial base of nonprofit clients and a thorough understanding of the industry and their clients' needs. They are open-minded and innovative thought-leaders, with track records of providing astute manager selection advice, and helping their clients achieve strong returns.

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