Wells Fargo Advisors
Wells Fargo Advisors is a subsidiary of Wells Fargo (parent company) and is located in St. Louis, Missouri and recognized as the ninth largest brokerage firm in the United States with approximately $490 billion assets under management handled by 15,000+ advisors. This firm was formerly known as Wachovia Securities until 2009 when Wells Fargo acquired it. It was founded in 1879 as Leopold Cahn & Co.
Wells Fargo Advisors has several divisions:
- Private Client Group (PCG)
- Wealth Brokerage Services (WBS) – (Bank Brokerage)
- Independent Brokerage Group (IBG)