Finantrix KnowNow

The Top Financial Services Stories you need to Know. Now!

Wells Fargo consolidates bank brokers into the wealth unit

The embattled and legally embroiled Wells Fargo consolidated the bank-based brokers under the leadership of Wells Fargo Advisors’ Investment management head David Kowach.

“This shift will bring our brokerage capabilities under one umbrella to increase coordination across the channels, simplify processes, eliminate redundancies and improve how we operate—all with an eye toward better serving the needsof our changing client base,” – Jonathan Weiss, senior executive vice president and head of Wealth and Investment Management


Read More