Wells Fargo Advisors Company Description
The iconic Wells Fargo stagecoach has a few extra stops to make. Wells Fargo Advisors (formerly Wachovia Securities) is now the securities brokerage arm of Wells Fargo & Company. The firm is the end result of a merger between the former Wachovia subsidiary and A.G. Edwards in 2007. Wells Fargo then merged the brokerage into its operations in 2009 after it bought Wachovia in 2008. With more than $1 trillion worth of assets under management and more than 5 million client accounts, Wells Fargo Advisors offers a range of brokerage, asset management, and financial advisory services. The company's Capital Markets unit performs investment banking services.
View the Comprehensive Company Description for Wells Fargo Advisors
The Company Description provides a historical perspective of Wells Fargo Advisors's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Wells Fargo Advisors's evolution in the marketplace.
