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.
-
Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.
July 20 -
The new complex manager will oversee 43 advisers at the regional brokerage.
July 19 -
The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.
July 17 -
This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.
July 17 -
The former rep refused to comply with a FINRA investigation into allegations that he exercised influence over an elderly woman.
July 17 -
The firm's headcount has steadily declined since the bogus account scandal came to light last year.
July 14 -
"With 15,000 financial advisors, it's hard to change financial planning software. It's hard to change the day-to-day stuff," adviser Jim Denholm III says.
July 14 -
The team includes identical twin brothers and an industry veteran of nearly 30 years.
June 26 -
The regional firm has been trying to recruit more advisers, particularly those from wirehouses.
June 20 -
The new recruits, who previously worked at Wells Fargo Advisors and Janney Montgomery Scott, also pointed to the firm's affiliation with Raymond James in making the move.
June 19 -
The cases stem from the investment advice given by a now barred broker, who is accused of soliciting funds for a Miami Beach nightclub he owned.
June 14 -
Wirehouses, broker-dealers and banks unveiled client-friendly policies while asking the agency for further delays.
June 8 -
The bank tapped the leader of Wells Fargo Securities to succeed David Carroll.
June 2 -
Bank of America's soon-to-be-released virtual assistant, erica, is being trained to provide personal finance advice.
May 30 -
The rep refused to provide the regulator with the documents it requested to investigate the allegations that he stole money from an elderly couple.
May 30 -
The firm picked up teams from Merrill Lynch and Wells Fargo.
May 25 -
The regional firm’s new recruits joined in two locations.
May 24 -
One refused to cooperate with an investigation into allegations that he engaged in unauthorized trading in two customers' accounts.
May 18 -
"This space is getting more diverse, and change is coming from all directions," says Alois Pirker, research director for Aite Group's Wealth Management practice.
May 17 -
A FINRA arbitration panel dismissed the firm's claims but charged the broker more than $11,000.
May 15
