Wells Fargo
Wells Fargo CEO Scharf Taps Daley to Help Fix Bank’s Image
Chief Executive Officer Charlie Scharf named Bill Daley, the former White House chief of staff, as vice chairman of public affairs to improve relations with Washington, the firm said Thursday in a statement.
Wells Recruits Back Family Team from Merrill Lynch in California and Utah
Two brothers and a son producing about $4 million returned to Wells Fargo after a decade with the Thundering Herd.
UBS and Wells Lose Veteran Teams to JPMorgan and RBC
Career UBS broker in St. Louis overseeing $235 million left after three decades on Friday, the same day that Wells Fargo Advisors team in Oregon managing $180 million switched.
$4 Billion-asset Wells Fargo Team Goes Indie Via FiNet
One of the biggest-producing Wells Fargo Advisors private client group teams is launching their own firm under its Financial Network channel.
Wells Fargo Advisors Hires $800-Mln Asset Team from Stifel
Wells awards three-advisor team branch status in its private client headquarters in St. Louis.
Billion-Dollar-Asset Wells Fargo Advisors Broker Jumps to Independent Firm
Rick Blosser, a Forbes Top 250 broker, left Wells’s private client group on Thursday to join a seven-year-old California registered investment advisory firm.
Whoops—Broker Says Dead Customer Okayed Muni Trades
North Carolina broker with over three decades of experience is fired, fined and suspended for making unauthorized trades and writing that customer who died two days earlier gave him permission to do so.
Three UBS Brokers in Houston Join Two Independent Firms
A “President’s Club” member and an associate joined a registered investment advisory firm and another advisor signed up as a Wells Fargo independent broker.
Merrill Reports Record Quarterly Profit on 2% Jump in Client Balances
Experienced brokers have grown household accounts on average by 27% versus last year, but Merrill is no longer breaking out its “experienced advisor” headcount.
Wells Fargo’s Wealth Assets Declined in Third Quarter
Customer withdrawals from advisory accounts offset gains across Wells’ wealth division from higher market valuations and referrals to brokers from retail bankers.
RBC Hires $423-Mln Asset Merrill Lifer in Wisconsin
Separately, Ameriprise recruits a $168-mln-AUM Merrill broker in Rhode Island and another from Wells Fargo in Ohio overseeing $152 million.
