Convergence Investment Partners, Llc
- Regulatory AUM
- $524M
- Discretionary
- $478M
- Clients
- 441
- Avg AUM / client
- $1.2M
- Accounts
- 447
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 224 | $166M | 31.6% |
| Investment companies | 1 | $268M | 51.2% |
| Charitable organizations | 5 | $38.4M | 7.34% |
| Other investment advisers | 211 | $45.7M | 8.73% |
| Insurance companies | Fewer than 5 clients | $3.6M | 0.68% |
| Corporations and other businesses | Fewer than 5 clients | $2.1M | 0.41% |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| David James Abitz | President And Chief Investment Officer | CFA | Aug 2008 (18y) | Less than 5% |
| Todd John Hanson | Chief Technology Officer | Aug 2008 (18y) | 5% – 10% | |
| Justin Evans Neuberg | Portfolio Manager | CFA | Jun 2016 (10y) | 5% – 10% |
| Lindsey, Melvin, Duane | Managing Member | Sep 2019 (7y) | 50% – 75% of Nile Capital Group Holdings, Llc (indirect) | |
| Brandon, Henry, Jefferson | Chief Financial Officer | Jan 2021 (6y) | Less than 5% | |
| Gerbereux, Huyen, Kim | Director | Mar 2021 (5y) | Less than 5% | |
| John Christopher Callen | Chief Compliance Officer | CFA | Jul 2022 (4y) | Less than 5% |
| Abitz Schwalenberg, Amy, Kristina | Chief Operating Officer | Dec 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nile Capital Group, Llc | Member | Oct 2018 | A | 50% – 75% |
| David And Sheila Abitz Revocable Trust Dated October 11, 2014 | Member | Oct 2014 | A | 10% – 25% |
| Nile Capital Group Holdings, Llc | Managing Member | Sep 2019 | B | GP / trustee / elected manager of Nile Capital Group, Llc (indirect) |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 1.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- National Financial Services (Fidelity) $146M (28% of AUM) Mar 2026
- Wells Fargo $34.1M (7% of AUM) Mar 2026
- Charles Schwab & Co. $22.1M (4% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 23, 2026.
View current Form ADV (SEC/IAPD) ↗