Wells Fargo & Co.
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Wealth management a growing force in bank fortunes
Third-quarter earnings reports show that once again, wirehouses are driving revenue at the giant banks that own them.
Altered docs land former Wells compliance officer in hot water
Judy Wolf, formerly with Wells Fargo, allegedly attempted to make it appear she adequately reviewed a broker later charged with insider trading. Plus, see 5 compliance lessons from recent SEC cases
Wells Fargo Advisors earnings jump on lending
Mortgages and securities-based lending offset a decline in transaction revenue.
Allianz joins Wells Fargo's new indexed annuity platform
Insurer brings its Essential Income 7 indexed annuity, Essential Income Benefit feature, to the platform.
Wells Fargo binges on Morgan Stanley recruits
Since June, the firm has snatched nearly $1.4 billion in assets from rival wirehouse, according to moves tracked by InvestmentNews.
Wirehouses challenged as retention deals fade
Study estimates that between 12% and 20% of long-term packages signed after 2008 mergers will expire annually over the next four years.
Wells Fargo hires UBS team in Texas
Wells Fargo Advisors has hired Robert “Bob” Higley and Robert “Bob” Gardner III from UBS Financial.They managed a combined $300 million in assets and had $2.5 million in production.The two joined the Memorial City, Texas, branch July 1. They bring a total of 61 years of industry experience to Wells
Clintons jump through financial planning loopholes to dodge estate taxes they support
Breakfast with Benjamin: Brokers pouncing on 401(k) biz. Plus: The Clintons dodge the estate taxes they support. The Fed wants to add exit fees to bond funds, U.S. banks on the edge of new funding rules, Congress mulls investor confidence on your dime, El-Erian sides with the IMF, and merger mania
Wells Fargo signs $1.5 billion Michigan team
Three financial advisers who collectively managed $1.5 billion in client assets are leaving J.P. Morgan Private Client Service Group to join Wells Fargo Advisors. John Bueno, John Raetz and Noah Robinson, who together have more than 45 years of experience, will move to the Wells Fargo office in
Wells Fargo gets aggressive to help advisers protect assets of elderly clients
Take Five interview with Ronald Long, head of Wells Fargo's new Elder Client Initiatives
Next on Janet Yellen's to-do list: Winding down a $4.5T balance sheet
On Friday's menu: What's next on Yellen's to-do list. Plus: Small-cap stock weakness as a leading indicator, an SEC official dishes on PE funds, big banks are loving big mortgages, three finance questions you better be able to answer, and getting by on $6,000 an hour.
Wells Fargo Advisors' head Mary Mack fills out her cabinet
Bob Vorlop and Joe Nadreau have been tapped to fill new executive roles focused on expanding the firm's technology platform and products
Wells Fargo adds Morgan Stanley advisers with $500 million
Wells Fargo Advisors has added three financial advisers who among them managed nearly $500 million in client assets at Morgan Stanley.
Wirehouses sweeten succession deals for retiring advisers
Wirehouse firms are revamping their succession programs with higher payouts and lower barriers to entry for advisers who are preparing to retire. The efforts are aimed at competing with independent firms that hold a reputation for the highest payouts.
Ex-Wells Fargo adviser wins nearly $1 million in promissory note quarrel
Wells Fargo sought $76,152 from a former broker, but in the end was ordered to pay the adviser more than 10 times that amount .