Wells Fargo Advisors is a subsidiary of
Wells Fargo
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important fi ...
, located in
St Louis, Missouri
St. Louis ( , sometimes referred to as St. Louis City, Saint Louis or STL) is an Independent city (United States), independent city in the U.S. state of Missouri. It lies near the confluence of the Mississippi River, Mississippi and the Miss ...
. 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
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institutio ...
.
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.
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."About Us"
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The current President is Sol Gindi.
References
External links
Wells Fargo Advisors
Financial services companies of the United States
Companies based in St. Louis
Financial services companies established in 1879
1879 establishments in Missouri
American companies established in 1879
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