WellsTrade ® and Intuitive Investor ® accounts are offered through WFCS.. Exclusive discounts on ALM and ThinkAdvisor events. Wells Fargo Asset Management provides the expertise, strategies, and portfolio solutions you need to achieve your investment goals. There is no assurance any investment strategy will be successful or that a fund will meet its investment objectives. Wells Fargo also guarantees fund replacement if the site or account is hacked. A note about social media: Opinions, comments and actions taken on Social Media are those of the third party and do not necessarily reflect the views of the creator of this profile or of the firm. The bank intends to “work very directly with all affected advisors about their individual options.”, The firm will continue focusing on providing its clients with “excellent service during this transition and will proceed in a manner that is consistent with regulatory expectations,” the spokesperson added, noting: “We have a long process ahead of us.”, ARK's Cathie Wood: Big Shift From Bonds to Stocks Is Coming, Harry Dent: Market Crash Coming in 2-3 Years; Economy ‘Already Dead’, 33 Undervalued Stock Picks for 2021: Morningstar, 11 Key Pieces of Biden's $1.9T Stimulus Plan. All investing involves some degree of risk, whether it is associated with market volatility, purchasing power or a specific security. Wells Fargo Intuitive Investor is not tied to a particular company or product and … It is a Registered Investment Adviser or RIA. It has $234 billion in assets under management among its 7,447 accounts, placing it among the largest firms in the nation by assets under management. The international business segment represents just a small percentage of the firm’s accounts and assets under management across Wealth & Investment Management. To open an account, most clients set up a short meeting with an advisor to discuss their investment objectives and decide which option is best for them. 1401(k) assets held in mutual funds – Investment Company Institute/FAQs, 2FINRA Investors – Smart Investing: Introduction to Mutual Funds. How to Exceed Investor Service Expectations: An Advisor's Guide to Expanding Value Propositions. Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions. Wells Fargo Funds Management, LLC is a financial advisory company based in Plymouth Meeting, Pennsylvania. Mutual funds are not traded and can be redeemed only once per day after the markets close, generally at 4 p.m. Eastern Time or after the New York Stock Exchange closes. Mutual funds are popular because they offer diversification and are professionally managed. Call us at 1-866-224-5708 Mon-Fri: 8:30 am – 9:30 pm ET; Sat: 8:30 am – 7 pm ET. More Reasons to Rethink the 60/40 Portfolio, Schwab Launches 2 Custom-Built Variable Annuities: Portfolio Products, Wells Fargo Wealth Unit Boosts Profits, Releases More Advisor Data, Sign Up for the Inside Wealth Management Newsletter, Sign Up for the Career Advantage Newsletter. The data that can be found in each tab includes historical performance, the different fees in each fund, the initial investment required, … The more clearly you define your investment objectives and your tolerance for risk, the better you’ll be able to determine which mutual funds are appropriate for you. Other affiliates of Wells Fargo & Company provide subadvisory and other services for the funds. Wells Fargo Advisors is one of the nation's premier financial services firms, serving and advising clients nationwide through more than 15,000 Financial Advisors. Having a diversified portfolio can help to spread out risk. Mutual funds are popular because they offer an efficient way to diversify your investments without having to make a large initial outlay, and they’re generally cost-effective. Wells Fargo Intuitive Investor was founded in 1852 and is based in San Francisco, CA. Need help opening a new account? We were able to buy some stocks onto this account. Wells Fargo Advisors cashed a check from my pension account on Oct 14th but refuse to admit they have my funds. An investment in a mutual fund or exchange–traded fund (ETF) will fluctuate and shares, when sold, may be worth more or less than their original cost. Wells Fargo Advisors has failed to make a big mark in the international wealth management space. Please consider the investment objectives, risks, charges and expenses carefully before investing. The oldest fund launched was in 1968. Wells Fargo Advisors is a subsidiary of Wells Fargo & Company, one of America’s largest and strongest financial institutions, which has been in business since 1852. “For Wells Fargo Advisors, Wells Fargo Private Bank, and Abbot Downing, we are also committed to focusing on our core business, which is serving clients who primarily reside in the United States,” she said. They may have lower expenses than mutual funds because of their passive structure (however, some mutual funds (index funds) are also passive in nature). Advance your career and take your firm's production to the next level with FREE practice-management tips. Wells Fargo Advisors receives compensation from mutual fund complexes on all no transaction fee funds and some transaction fee funds. Stocks are more volatile than bonds and are subject to greater risks. You must consider all facets of the fund, including its investment objectives, the type of securities it owns, the strategies the fund uses to meet its objectives, the potential return, and any risks involved in owning the fund. The average manager tenure for all managers at Wells Fargo is 14.14 years. They are professionally managed and available at different investment minimums. Links to third-party websites are provided for your convenience and informational purposes only. Wells Fargo Advisors is not responsible for the information contained on third-party websites. If you’re not interested in seeing your account value fluctuate widely, then preservation of capital may be for you. The prospectus, which contains this and other information, can be obtained by contacting a Wells Fargo Advisors investment professional. Understand your 401(k) options before you take action. They are accessible at generally low minimums, provide access to professional management, and are a way to have part ownership of a professionally researched and managed portfolio (however, some mutual funds (index funds) are also passive in nature). Wells Fargo Advisors, registered in 1990, serves 49 state(s) with a licensed staff of 19,561 advisors. Request your free copy of this timely report. In fact, today more than half of all 401(k) plan assets are held in mutual funds.1 Mutual funds offer the advantage of professional management along with the potential benefits of diversification. In its third-quarter financial report, Wells Fargo said it ended the period with 12,908 financial advisors, down 815, or 6%, from a year ago and 391, or 3%, from the prior quarter. Bonds are subject to interest rate, price and credit risks. Historically, investing in stocks has proven to be one of the best ways to help achieve long-term goals. Today, a wide variety of mutual funds are available and many funds are increasingly complex or specialized or employ complicated investment strategies, such as leverage and short selling. Before buying a mutual fund, there’s a lot to think over. “We will also continue to service accounts for active duty U.S. military and U.S. government employees who may be stationed abroad.”, Wells Fargo acknowledges that this shift represents a “difficult change for our international-focused advisors, and this business will take many months to exit,” she explained. b) Networking / Omnibus fees. advisor and Wells Fargo Advisors are compensated when you borrow. There is no assurance that the price and yield performance of the index can be fully matched. Therefore, the wirehouse decided to exit the international segment of its business, she noted. Your article was successfully shared with the contacts you provided. The more clearly you define your investment objectives and your tolerance for risk, the better you’ll be able to determine which mutual funds are appropriate for you. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. It is professionally managed according to stated investment objectives found in the funds prospectus. If you’re like most investors with a retirement plan, chances are you hold shares in mutual funds. As always, if you have any questions about Priority Credit Line, please contact your financial advisor. Wells Fargo Advisors manages $510.9 billion and provides investment advisory services for 1,430,874 clients (1:74 advisor/client ratio). An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. While mutual funds have been popular for decades, exchange traded funds (ETFs) are relatively new but have been gaining in popularity. Your shares represent part ownership of the fund, which in turn, gives you a “proportional right” to any income and capital gains generated from the investments.2. Experience the dedication of a company built on integrity and client service. “For Wells Fargo Advisors, Wells Fargo Private Bank, and Abbot Downing, we are also committed to focusing on our core business, which is serving clients who primarily reside in … As a client of Wells Fargo Advisors, or Wells Fargo Advisors Financial Network, LLC (hereinafter collectively referred to as “Wells Fargo Advisors” or “WFA”), you may Wells Fargo Advisors offers over 300 different mutual fund families to investors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. Wells Fargo is exiting the wealth management business outside the U.S. in a move designed primarily to simplify and focus on its core domestic business. As the needs of your clients and prospects change, make sure your technology can keep up. Because a mutual fund manager researches, and selects the fund’s investments, and manages the fund’s allocation, rebalancing the portfolio when needed, and monitors the fund’s performance, you do not have to. Answer these questions to ensure you can increase client satisfaction and prospect engagement in 2021. Redemption is also convenient. Call us at 1-866-224-5708 or search for a local branch. Need help finding an advisor or opening an account? Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. As a mutual fund shareholder, you’re pooling your money with other investors to invest in securities such as stocks, bonds, cash and other investments. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. A note about social media: Opinions, comments and actions taken on Social Media are those of the third party and do not necessarily reflect the views of the creator of this profile or of the firm.