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Wells Fargo reps managing $587 million go indie with Raymond James
Four who also advise on $385 million in institutional assets set up shop in Dallas, Texas.
Long-shot bid for Wells Fargo CEO job gains steam
As other candidates turn down the position, senior executives at the bank support the candidacy of interim CEO Allen Parker.
Wells Fargo to pay $385 million in auto insurance scam
According to suit, Wells Fargo customers were "forced to pay for auto insurance they did not need or want."
JPMorgan’s Dimon criticizes Wells Fargo CEO transition
Chief executive says it was 'irresponsible' for the bank to announce Tim Sloan's departure without a succession plan in place.
Wells Fargo team managing $600 million moves to Raymond James
Three-adviser group in Richmond, Va., joins firm's employee unit.
Five advisers managing $480 million leave Wells Fargo for Stifel
Newcomers added in California, Washington and Kansas.
Senior execs at Wells Fargo lobby to keep interim CEO
Allen Parker has been acting chief executive officer since March, while the bank's board has been seeking outsider to take over.
A new pay model: 300 advisers move, and the entire industry feels the shift
As some wirehouses hire more salaried advisers, speculation mounts that the traditional way of compensating brokers is being threatened.
Salary model exploited by rivals
235 individual advisers or teams with $61.5 billion in assets left a wirehouse in 2018 to work at another type of firm, InvestmentNews data show.
Wells Fargo Advisors looks to cut red tape for advisers in reorganization
Firm cuts its regions by one-third with hopes of reducing bureaucracy.
Wells Fargo spends big on lobbying, as pressure from Capitol Hill mounts
Wells spent $1.2 million on lobbying in the first quarter, far exceeding other individual banks and financial firms.
Merrill team managing $250 million moves to Stifel
J.R. Koeijmans and Lance Whitworth join firm's Dallas office.
Wells Fargo annual meeting besieged by hecklers
Interim CEO C. Allen Parker interrupted by shouts and demands from activists over bank abuses.
Wells Fargo annual meeting ‘less relevant’ amid bank’s CEO search
The bank's shares have fallen 3.1% since CEO Tim Sloan resigned, compared with a 6.5% gain for the KBW Bank Index.
Headcount at Wells Fargo Advisors continues to slide
Firm lost another 140 advisers in the first quarter, compared with 106 the previous quarter.
Principal-Wells Fargo retirement deal hints at fee compression
Principal paid less than other firms that have acquired large retirement businesses in the past decade and a half, according to an InvestmentNews analysis.
Three Wells Fargo reps managing $240 million go indie with Raymond James
Team of three sets up shop in Corpus Christi, Texas, as Coastal Bend Wealth Partners.
Principal to buy Wells Fargo retirement unit for $1.2 billion
Transaction is part of Wells' effort to streamline its operations in the wake of scandals.
Buffett urges Wells Fargo to look beyond Wall Street for CEO
The bank's biggest shareholder says hiring an executive from a financial institution would trigger criticism from Washington, Financial Times reports.
Stifel adds wirehouse teams managing $1.1 billion in assets
Nine reps, from Merrill Lynch, Raymond James and Wells Fargo, join firm.
