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Wells Fargo Advisors

Summary

Wells Fargo Advisors is a subsidiary of Wells Fargo, located in St Louis, Missouri. It is the third largest brokerage firm in the United States as of June 30, 2021 with $1.9 trillion retail client assets under management.[1]

Wells Fargo Advisors
Company typeLLC
GenreSecurities
PredecessorWachovia Securities
Founded1879 as Leopold Cahn & Co.
Headquarters
St Louis, Missouri
,
United States
Total assets$1.9 trillion[1]
Number of employees
12,062 Advisors[2]
ParentWells Fargo
DivisionsPrivate Client Group (PCG), Wealth Brokerage Services (WBS) – (Bank Brokerage), FiNet, RIA Custody
Websitewww.wellsfargoadvisors.com

The subsidiary was formerly known as Wachovia Securities until May 1, 2009, when it legally changed names following Wells Fargo's acquisition of Wachovia Corporation.[2]

History edit

Wells Fargo Advisors traces its history to 1879, where it grew through mergers with many of the industry's regional and national firms. These include Wachovia Securities, A. G. Edwards, and Bache & Co.[3] The current President is Sol Gindi.

References edit

  1. ^ a b Kevin Johnston (August 15, 2017). "Top 25 Broker-Dealer Firms for 2017". Investopedia. Retrieved 20 September 2017.
  2. ^ a b "About US". Wells Fargo Financial Advisors. Retrieved 2017-09-20.
  3. ^ "About Us"

External links edit

  • Wells Fargo Advisors