Displaying 95 results
Advisory team leaves Wells Fargo for Raymond James
Team managed more than $170 million and say move will fuel their business.
Fractional shares are back: Wells Fargo launches Stock Fractions
WellsTrade clients can start investing for as little as $10.
Father-son financial advisors launch Climer Wealth Management Group
Michael and Wes Climer join Linsco by LPL Financial from Wells Fargo.
Former Wells Fargo exec Tolstedt deserves prison in accounts scandal, US says
Carrie Tolstedt, the bank's former head of retail banking, pled guilty this year to obstructing the investigation of the bank's fake accounts.
Former Wells Fargo private bank execs gather assets at new firm
Jack Ginter was the president of Wells Fargo's private bank until he left in 2021.
Miami firm gains as big banks drop Latin America clients
Insigneo has tripled its staff and increased its AUM to more than $20 billion from less than $3 billion just six years ago.
Wall Street to pay hundreds of millions more for WhatsApp use
Wells Fargo units agreed to pay $125 million to the SEC and $75 million to the CFTC.
More turnover at top of Wells Fargo brokerage group
'New leadership has been making big strides,' says industry source.
Rising assets, rates stabilize wealth management at Wells Fargo
Along with net interest income, the bank’s total client assets also grew.
Wells Fargo adds sports and entertainment program
The firm cited the sports and entertainment accredited wealth management advisor designation rolled out in 2022 by the College for Financial Planning as a factor that will help advisors meet such clients' needs.
Wells Fargo hires another JPMorgan executive for wealth management
Barry Simmons is at least the third senior wealth management executive Wells Fargo has hired in the last few years from JPMorgan.
Former Wells Fargo executive Tolstedt to pay $3 million SEC penalty
The settlement with the SEC follows Carrie Tolstedt's agreement in March to plead guilty to obstructing a problem of the bank's practice of opening accounts for customers without their authorization.
Wells Fargo to pay $1 billion in class-action lawsuit
The shareholder suit accused the bank of making misleading statements about its compliance with federal consent orders following its 2016 scandal related to unauthorized customer accounts.
Wells Fargo team with $1 billion jumps to RIA
The Compass Group advisors are joining DayMark Wealth Partners, a Cincinnati, Ohio-based RIA with $907 million in assets.
Wirehouses feeling the chill of autumn in the air
The giant firms face an approaching winter as they become less prominent in the overall advisory business.
Wells Fargo investors overrule board on annual harassment report
A majority of the bank's investors voted in favor of a shareholder proposal requesting an annual public report on efforts to prevent harassment and discrimination against employees.
Pledges alone don’t catalyze diversity
It’s accountability and measurement that drive lasting change.
Coca-Cola Bottlers’ Association reaches deal to settle 401(k) lawsuit
Once approved by the court, it is expected to benefit more than 64,000 people covered by the Coca-Cola retirement plan since February 2015.
How stocks of wealth management firms are holding up this year
Focus Financial is going private. There’s a banking crisis. What has the impact been on these companies?
Raymond James adds Wells Fargo team with $450 million in assets
The father-son pair, David and Paul Gwidt, will operate as Gwidt Wealth Management Group in Racine, Wisconsin.
