Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and overseas.
Wells Fargo
Goin’ Up? Wells Fargo Team Moves Seven Floors to UBS in San Diego
Edward Dawson, a 37-year industry veteran, has moved his Wells Fargo team to the 21st floor of the same downtown San Diego building to join UBS.
Wells Fargo to Merge Wealth Management Sales Regions
Wells Fargo Advisors continues cost-cutting by consolidating management of its private client group, slimming to eight from 12 sales regions.
Snowden Snags Wells Fargo Int’l Broker Managing $360 Million in Miami
Armando Ureña and his team in Coral Gables switched to Snowden Lane Partners ahead of Wells’ shuttering of its foreign client business.
Wells Fargo Sheds Its Asset Manager as Scharf Reshapes Bank
Wells Fargo & Co. plans to sell its asset-management business to two private equity firms, part of Chief Executive Officer Charlie Scharf’s efforts to dump non-essential operations and help the bank emerge from years of scandals.
Finra Bars Ex-Wells Broker Who Raised $3.5-Mln For Software Company
Scott W. Reed of Scottsdale, Arizona, allegedly made nearly $200,000 for soliciting and facilitating at least $3.5 million in unapproved investments in a software company.
Wells Fargo Lures $3.9-Mln N.J. Team from Morgan Stanley
Group led by Stan Alpert and Gregg Kaufman had overseen $725 million in assets at Morgan Stanley.
Wells Fargo Advisors Embraces More Execs from Private Bank
Three Wells private banking officials join the management committee of Wells Fargo Advisors as bank-brokerage integration continues.
Finra Bars Ex-Wells Broker Accused of Improperly Seeking Virus Relief Loan
The regulator barred a bank-based broker who declined to cooperate with its investigation of allegations she had applied for the Small Business Administration’s support without a formal business.
First Republic Ups Incentives for Recruiters in Bid for Big Advisors
California-based private bank is giving select recruiters up to 12% of a prospect’s trailing 12-month production—double the industry standard—in an offer that expires in April.
RBC Nabs Wells Manager, Ameriprise Touts NYC Broker’s Asset Growth
30-year brokerage veteran Kurt Bakken joins RBC Wealth Management-U.S. as branch director for its Rochester, Minnesota office while Ameriprise said another ex-Wells broker had doubled assets in a month.
Well Fargo Offers 100% Production Bonuses to Assuage ‘International’ Advisors–Sources
Bank scrambles to retain brokers following its decision to prohibit them from servicing accounts of clients outside the U.S.
