Wells Fargo Investments, LLC (San Francisco)

Wells Fargo Investments, LLC is a large advisory firm based in San Francisco. It manages $13.9 billion of regulatory assets for 50,207 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Wells Fargo Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Wells Fargo Investments: assets under management

The assets under management (AUM) of Wells Fargo Investments, LLC is $13.9 billion. The firm's AUM has grown by 15258% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.57 billion in discretionary accounts and $11.33 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $407.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $258.17 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wells Fargo Investments, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wells Fargo Investments, LLC

Lesa Anne Sroufe has been acting as President since 1 Mar 2000. Cliff Gevan Granger joined the executive team most recently as the Aml Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in San Francisco

The principal office where Wells Fargo Investments, LLC performs its advisory services is located at 420 Montgomery Street, San Francisco, CA 94104 The mailing address of the firm is 550 California Street, 6 Th Floor, San Francisco, CA 94104. An additional office of the firm is in Seattle, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (415) 947-1827 or by fax (415) 975-7951. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.wellsfargo.com.

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