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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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 -
In light of recent losses, risk models will tell managers to cut their exposure to the factor, which could cause a systematic sell-off.
June 26 -
The wirehouse's latest initiative is effectively a way for the firm to circumvent the protocol without actually getting out of it.
June 25 -
The regional firm's new additions consist of two veteran advisors from Wells Fargo and a father-daughter duo from Merrill Lynch.
June 25 -
Wells Fargo has lost at least 80 brokers managing more than $12 billion in assets before the end of the second quarter.
June 21 -
In an investor-backed power play, the tech startup wants wirehouses and banks to turn to it instead of traditional software providers as they make upgrades.
June 19 -
The regional firm keeps growing after joining the Broker Protocol in March.
June 19 -
Such a move would also coincide with efforts to cut costs in the bank's wealth management business by $600 million by 2020.
June 19 -
The firms are seeking to tap into the growing demand for ethical investing.
June 14 -
Industry leaders weigh in on key issues, including technology advancements, the increasing focus on ESG and developments in ETFs.
June 14 -
Advisor exodus from beleaguered firm shows no sign of abating in 2018
June 13 -
The parade of ousted bank advisors continues, but unlike previous offenses, this time it involves far less money.
June 8
