Wachovia Securities
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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.
Following Wachovia's merger with Wells Fargo and Company on December 31, 2008, the retail brokerage became Wells Fargo Advisors on May 1, 2009 and the institutional capital markets and investment banking group became Wells Fargo Securities on July 6, 2009.
On July 1, 2009, Wachovia Securities was renamed Wells Fargo Advisors and Wells Fargo Investments, which included the former A.G. Edwards business lines. Controversy [ edit ] In 2006 the firm agreed to pay $900,000 "to settle claims that it charged customers excessive account fees."
Wells Fargo Its banking business remains huge, with 4,600 branches in most of the largest markets in the U.S. Its wealth management division offers all three advisory choices for its clients:
Wells Fargo Advisors, a subsidiary of banking giant Wells Fargo & Company, has agreed to pay $7 million to settle charges that it violated federal anti-money laundering statutes by failing to...
The Northshore Group of Wells Fargo Advisors is the trusted advisor to over 200 families and offers one of the broadest ranges of services available – including investment planning, asset ...