In a world of investment guidance options, Mount Pleasant’s Convergent Financial Group stands apart. Based in Park West, this individual-oriented service firm was founded in 2016 by Jeremy Ellisor, who sold his interest in another successful financial management business to concentrate on the rapidly-growing North Mount Pleasant community.
CFG focuses on mature residents who are “in transition” as a result of the illness or death of a spouse, a divorce, an inheritance or the need to maximize returns from a 401(k) plan. A “fee only” firm, Convergent has special ethical and moral responsibilities to its clients.
“We have to put our investors’ interests first,” Ellisor said. “We welcome this essential duty and wish it could be the standard for the industry. Many commission-based financial advisors push products and don’t always give good advice. We charge only for our expert planning and financial guidance.”
The key to financial success and stability in the Convergent Financial Group model is balancing immediate needs with long-term goals.
“We want our clients to enjoy life today without neglecting their ultimate financial objectives,” Ellisor said. “That is why the majority of our clients go through our planning process and risk analysis tool, which involve a series of steps that allow them to see what the future looks like, how to pay for it and how to invest for it.”
While mature investors are a special concentration for CFG, the firm is equally adept at assisting clients of all ages and financial means.
“We aren’t interested in building a practice with 10,000 clients,” Ellisor concluded. “Our goal is to help people in our community get expert professional counsel.”
By Bill Farley