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 beleaguered bank is reported to have been ordered by the Justice Department in late 2017 to conduct an independent investigation of the business.
March 1 -
Planners looking for fewer restrictions and regulation are steadily leaving wirehouses.
March 1 -
‘The firm gives advisors the ability to choose who they do business with and doesn’t put limitations on minimum account size,’ one advisor says.
February 28 -
The advisor fleeced the duo of nearly $1 million by misappropriating their stock holdings and initiating unauthorized wire transfers from their bank account, prosecutors allege.
February 26 -
The Raymond James affiliated firm has been aggressively recruiting from wirehouses in recent months.
February 21 -
The financial crisis hurt banks' ability to pay dividends — now they may be on a comeback.
February 15 -
The firm invested the widow's money in oil and gas securities, real estate investment trusts and other investments that did not square with her conservative risk profile, her lawyer argued.
February 13 -
A disaffiliation fee of $4,500 applies to advisors leaving the IBD, but the policy could change.
February 6 -
Ameriprise is looking to reverse a decline in its headcount.
February 6 -
The San Francisco-based firm is the third major U.S. bank in recent weeks to change its policies on pay transparency.
February 2 -
This is the second time in recent weeks that the firm has poached talent from the wirehouse.
January 31 -
The four-member group previously generated about $2.5 million in annual revenue.
January 31 -
Frequent recruitment adds to the firm’s bench after stemming an outflow of talent late last year.
January 30 -
The bank is removing hurdles to employee advisors switching channels among other recent initiatives.
January 30 -
The advisor was drawn to the regional BD’s small culture.
January 25 -
The planner wasn’t happy with the direction his former firm was pushing its advisors.
January 25 -
Kris Chester led two major business reorganizations in her time at Wells Fargo Bank.
January 23 -
Coming off a strong recruiting year, Steward Partners has enticed three more Wells Fargo brokers.
January 22 -
Wells may have settled with former employee Claudia Ponce de Leon because it wanted to avoid the "massive exposure" of a jury trial, an expert says. It is unclear how the agreement will affect Wells’ other cases.
January 20 -
The move marks the firm's second hire in the past week.
January 19
