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.[1]
 | |
 St. Louis office | |
| Company type | LLC |
|---|---|
| Genre | Securities |
| Predecessor | Wachovia Securities |
| Founded | 1879 as Leopold Cahn & Co. |
| Headquarters | , |
| Total assets | $1.9 trillion[1] |
Number of employees | 12,062 Advisors[2] |
| Parent | Wells Fargo |
| Divisions | Private Client Group (PCG), Wealth Brokerage Services (WBS) – (Bank Brokerage), FiNet, RIA Custody |
| Website | www.wellsfargoadvisors.com |
The subsidiary was formerly known as Wachovia Securities until May 1, 2009, when it legally changed names following Wells Fargo's acquisition of Wachovia Corporation.[2]
History
editWells Fargo Advisors traces its history to 1879, where it grew through mergers with many of the industry's regional and national firms. These include Wachovia Securities, A. G. Edwards, and Bache & Co.[3] The current President is Sol Gindi.
References
edit- ^ a b Kevin Johnston (August 15, 2017). "Top 25 Broker-Dealer Firms for 2017". Investopedia. Retrieved 20 September 2017.
- ^ a b "About US". Wells Fargo Financial Advisors. Retrieved 2017-09-20.
- ^ "About Us"
External links
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