Wells Fargo & Co., after investing nearly $1 billion over the course of three years, is now actively expanding its wealth management division.
![The Wells Fargo offices in the bustling Hudson Yards neighbourhood, where the bank is revolutionizing its wealth management division. PHOTO: Shutterstock/ALP](https://krugmaninsights.com/wp-content/uploads/2023/09/iStock-1213539947-1024x683.webp)
The banking giant aims to attract hundreds of independent advisers to join its platform, with the goal of catering to affluent clients.
Barry Sommers, the executive overseeing Wells Fargo’s wealth and investment management