Wells Fargo rep managing $500 million in Denver joins firm's RIA channel

Wells Fargo rep managing $500 million in Denver joins firm's RIA channel
Mattern Capital Management will custody with First Clearing, the operations arm of Wells Fargo.
FEB 12, 2019

Perry Mattern, who managed $500 million in assets at Wells Fargo Advisors in Denver, has left the firm to form Mattern Capital Management, a registered investment adviser. The new firm will custody assets with First Clearing, the operations arm of Wells Fargo, and will use Trade PMR for technology and custodial support. The arrangement is part of an effort by Wells Fargo begun last year to offer the widest possible array of choices for advisers, including independence as an RIA. Mr. Mattern began his securities career in 2000 at A.G. Edwards, which was acquired by Wachovia, which itself was acquired by Wells Fargo.

Latest News

Why the off-channel comms problem is far from solved
Why the off-channel comms problem is far from solved

Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."

FINRA penalizes another broker dealer for social media miscues
FINRA penalizes another broker dealer for social media miscues

FINRA has been focused on firms and their use of social media for several years.

Advisor moves: LPL recruits Merrill alum, Raymond James adds defectors from Edward Jones and Janney
Advisor moves: LPL recruits Merrill alum, Raymond James adds defectors from Edward Jones and Janney

RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.

Cantor Fitzgerald to acquire hedge fund unit from UBS
Cantor Fitzgerald to acquire hedge fund unit from UBS

The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.

Navigating life’s big transitions for women clients
Navigating life’s big transitions for women clients

Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.