07.15.25

Wells Fargo CEO Lauds $16B in Flows to Bank-Channel Brokers

by: Miriam Rozen

In a call with analysts, Wells Fargo & Co. executives touted bank-based financial advisors as a key source of growth at the company’s wealth division. Wells Fargo Advisors grew its roster of bank advisors by 10%, Chief Executive Charlie Sharf said, adding that “improved collaboration” between the bank advisors and consumer bank employees resulted in $16 billion in net asset flows into wealth accounts in the past six months.

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