Wells Fargo & Co. is moving the headquarters for its wealth-management business to West Palm Beach, becoming the first big bank to run that operation from the heart of the wealth boom in South Florida. The San Francisco-based firm signed a lease with Related Ross to rent 50,000 square feet (4,650 square meters) at the […]
Wells Fargo to Move Wealth Headquarters to West Palm Beach Read More »
If you’re a Bilt cardholder, you’ve probably seen the headlines about the company’s breakup with Wells Fargo, and maybe wondered what it actually means for your points, your rent rewards and your credit card going into 2026. The truth is, this transition is a pretty big deal, not just for renters who love earning points
What Bilt Cardholders Need to Know as Wells Fargo Exits the Program Read More »
Wells Fargo & Co. was sued by a former manager who says he was fired for pushing the bank to create a more diverse workforce and objecting to its practice of interviewing minority applicants for jobs that were already filled. Joseph Bruno claims in the lawsuit filed Thursday he tried for years — and often
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Wells Fargo has appointed Leeann Markovitz as head of First Clearing, Wells Fargo’s RIA clearing and custody service. Markovitz, a former director of relationship management at First Clearing, succeeds Al Caiazzo, who will retire at the end of the year. Caiazzo has been with the firm for over 40 years, becoming president of First Clearing in 2023
Wells Fargo Names New Head of First Clearing Read More »
&Partners, a St. Louis-based hybrid broker/dealer launched by David Kowach, the former president and CEO of Wells Fargo Advisors, has added two advisor teams this week, both from Wells Fargo Advisors. The firm has welcomed Gerardi Wealth Management, a Boca Raton, Fla.-based team with $827 million in pre-hire assets under management. The team is led by
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&Partners, a St. Louis-based hybrid broker/dealer launched by David Kowach, the former president and CEO of Wells Fargo Advisors, has recruited a Kilmarnock, Va.-based team with $277 million in pre-transition assets under management. The Broadcloth Wealth team is led by David Nickel, who previously worked for Wells Fargo Advisors for 34 years. He’s joined by
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Wells Fargo has become the latest wealth management firm to add alternative investment options to its UMA platform. Wells Fargo’s Wealth & Investment Management division formed a partnership with fintech firm InvestCloud to make alternative assets available through the wirehouse’s personalized UMA program. The UMA program now includes a full range of alternative investment options,
Wells Fargo Added Private Market Options to its UMA Read More »