Wells Fargo Advisors is one of the nation's premier financial services firms.
Its brokerage business is represented by more than 15,000 Financial Advisors...
If about 10,000 Wells Fargo Financial Advisors
had to do a minimum of 25 Envision Investment Plans on households worth at least $250,000
to receive 4Front compensation ["retention bonus after Wells acquisition of Wachovia"?]
and the average assets held by households that received 4Front Envision plans
was/is about $450,000,
and the average number of qualifying FA 4Front Envision Plans
was/is about 35 per Financial Advisor,
If about 10,000 FA's created about 35 plans each = 350,000 4Front Envision Plans,
and about 350,000 x what could be about $450,000 of assets held for each household = $157,500,000,000,
could George Hartzman's Wells Fargo Whistleblower filing
affect what could be more than $150 billion of Wells Fargo Advisors client assets?
Some answers to questions asked by an independent investigator from Oyster consulting
Wells Fargo INTERNAL USE ONLY:
Wells Fargo INTERNAL USE ONLY:
Wells Fargo Advisors, LLC, is a subsidiary of Wells Fargo,
located in St. Louis, Missouri.
It is the second largest brokerage firm in the United States as of October 1, 2007
with $1.17 trillion retail client assets under management.
The subsidiary was formerly known as Wachovia Securities until May 1, 2009,
when it legally changed names following the Wells Fargo's acquisition of Wachovia Corporation.
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..
Founded 1879 as Leopold Cahn & Co.
Headquarters St. Louis, Missouri, United States
Total assets $1.17 trillion
Employees 17,900
Parent Wells Fargo
1 comment:
With over 800,000 unique Envision profiles on the system, averaging to 50 plans per Advisor
https://dl-web.dropbox.com/get/Public/1%20tips_to_managing_envision_reviews.pdf?w=69045bda
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