Wells Fargo
Wells Fargo
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company is split into four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management.
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Banking scandals are playing only a small role in advisor attrition, the firm says.
July 25 -
The dispute centered on the firm’s handling of Puerto Rican municipal bonds.
July 24 -
Firms are doubling down on efforts to boost the ranks of women advisors.
July 23 -
John and Cary Kortze opened Steward Partners' 16th branch office.
July 23 -
Advisor attrition is up at the beleaguered firm, but it doesn't have to be.
July 20 -
The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, according to a report in The Wall Street Journal.
July 20 -
Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.
July 19 -
The recruits oversaw more than $200 million in client assets.
July 17 -
Investors have been more skeptical of how much boost the tax cuts would provide to the economy this year, and the big banks’ second-quarter profits seem to suggest why.
July 17 -
Total broker head count dropped by 173 from the prior quarter, according to the wirehouse.
July 13 -
Collusion and corruption allegedly prevented Wells Fargo whistleblowers, and a former JPMorgan advisor, from obtaining justice.
July 12 -
The firm's two new hires are the latest in aggressive recruiting efforts and joined from rivals RBC and Wells Fargo.
July 11 -
The regulator barred an ex-Wells Fargo advisor for fooling the bank into reimbursing him for $3,400 after he falsely claimed that he was the victim of fraud.
July 10 -
The wirehouse has lost at least 123 advisors managing $15.7 billion in client assets year-to-date, according to other firms’ hiring announcements.
July 9 -
Industry changes and ongoing bank scandals have tilted the playing field in favor of smaller brokerages.
July 9 -
The No. 1 independent broker-dealer has grown beyond the wirehouses, but it added about 100 fewer advisors than expected from its major acquisition.
June 29 -
The move boosts the firm's expansion in the central U.S.
June 28 -
J.D. Power’s annual survey reveals the importance of leadership and culture, along with differences among male and female representatives.
June 28 -
Advisors recommended that clients sell positions in complex structured products to rack up fees, says the regulator.
June 26 -
While Raymond James and Stifel are on hiring sprees, Wells Fargo is still losing talent.
June 26





















