Type LLC Predecessor Wachovia Securities CEO Mary Mack (1 Jan 2014–) Total assets 1.17 trillion USD | Genre Securities Number of employees 17,900 President Kent Christian Subsidiaries First Clearing, LLC | |
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Founded 1879 as Leopold Cahn & Co. Divisions Private Client Group (PCG), Wealth Brokerage Services (WBS) – (Bank Brokerage), Independent Brokerage Group (IBG) Headquarters St. Louis, Missouri, United States Parent organizations Wells Fargo, Wachovia, Wachovia Securities Financial Holdings, LLC Managing directors John Alexander (Head Of Advisor Led West) Profiles | ||
Wells Fargo Advisors, LLC, is a subsidiary of Wells Fargo, located in St. Louis, Missouri. It is the second largest brokerage firm in the United States as of October 1, 2007 with $1.17 trillion retail client assets under management.
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The subsidiary was formerly known as Wachovia Securities until May 1, 2009, when it legally changed names following the Wells Fargo's acquisition of Wachovia Corporation.
Concerns at wells fargo carryover to wells fargo advisors
History
Wells 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.. The current CEO is David Kowach.
References
Wells Fargo Advisors Wikipedia(Text) CC BY-SA