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