bloomberg.com

Wells Fargo Expands Wealth Adviser Hiring After $1.5 Billion Overhaul

Wells Fargo logoWells Fargo
Sig2.65Sen+3.33Env0.00Soc+0.95Gov+0.78

Wells Fargo is stepping up wealth-management hiring to attract independent advisers who use the bank’s platform rather than serving as full-time employees. Those advisers have brought in $17 billion this year, complementing $24 billion added by new full-time advisers. After a five-year revamp, including $1.5 billion in technology upgrades, the bank is now recruiting hundreds of advisers.

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