Wells Fargo Advisors
 | |
|
Headquarters in St. Louis | |
| LLC | |
| Genre | Securities |
| Predecessor | Wachovia Securities |
| Founded | 1879 as Leopold Cahn & Co. |
| Headquarters | St. Louis, Missouri, United States |
| Total assets | $1.17 trillion[1] |
Number of employees | 17,900[1] |
| Parent | Wells Fargo |
| Divisions | Private Client Group (PCG), Wealth Brokerage Services (WBS) – (Bank Brokerage), Independent Brokerage Group (IBG) |
| Website | www.wellsfargoadvisors.com |
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.[1]
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.
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.. [2] The current CEO is David Kowach.
References
- 1 2 3 "Why Wachovia Securities?". Wachovia Corporation. Retrieved 2008-04-04.
- ↑ https://www.wellsfargoadvisors.com/about-wells-fargo-advisors/investment-firm.htm
External links
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