Company intelligence
Convergence Inc
Optimizing Performance for Advisors, Service Providers, Allocators and Government Agencies
About Convergence Inc
Convergence is a data and analytics company that has created an unparalleled platform comprising public and proprietary data, analytical products and insights that penetrates deep into the operations and infrastructure of the universe of Asset Managers. • We ensure that Advisor Operating Risk is clear to Investors and Service Providers • We ensure that Service Providers understand the marketplace and the infrastructure of their clients, prospects and competitors • We augment the Allocator ODD process to highlight Advisor Non-Investment Risk and recommended action to mitigate • We work closely with Investors and PE firms to monitor Advisors and Service Providers that are investments or targets • We provide Predictive Analytics on Regulatory Event Risk – Vendor Fit – potential ‘bad actors’ to name a few We are the market leader in the following segments: Advisors, Service Providers, Institutional Investors – Pension and E&F, Private Equity Investors and Government Agencies.
Verified activity
Signals from Convergence Inc
7 published signals
Research & Knowledge
Convergence Inc reported that the top 25 Custodians control 59.3% of fund market share and 82.1% of asset market share.
Reported by Convergence Inc
Research & Knowledge
Convergence Inc reported that Custodians ranked 11-25 had the highest fund growth of almost 12.5%
Reported by Convergence Inc
Research & Knowledge
Convergence Inc reported that Custodians 25+ had the lowest AUA growth of 20.4%
Reported by Convergence Inc
Research & Knowledge
Convergence Inc reported that Custodians 11-25 had the highest AUA growth of 27%
Reported by Convergence Inc
Research & Knowledge
Convergence Inc reported that Custodians 1-10 had the smallest fund growth of 1.9%
Reported by Convergence Inc
Legal & Regulatory
Convergence Inc notes that the SEC has proposed a full rescission of Rule 206(4)-5, which would eliminate federal adviser-specific two-year compensation time-outs, solicitation restrictions, and recordkeeping, but not displace anti-fraud, fiduciary-duty, ethics, bribery, campaign-finance, or state/local laws.
Reported by John Phinney
Legal & Regulatory
Convergence Inc was informed of the SEC proposing to rescind its pay-to-play rule for investment advisers and amend the Advisers Act recordkeeping rule to eliminate the corresponding provisions related to the political contribution rule.
Reported by John Phinney