Wells Fargo Advisors, LLC (St. Louis)

Name: Wells Fargo Advisors, LLC
Address: One North Jefferson Avenue, St. Louis, MO, 63103 2205
Telephone: 314-875-3000

Wells Fargo Advisors, LLC is a large advisory firm based in St. Louis. It manages $372.11 billion of regulatory assets for 1,339,368 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Wells Fargo Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and investment consulting services to institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm also engages as insurance product sales.

Wells Fargo Advisors: assets under management

The assets under management (AUM) of Wells Fargo Advisors, LLC is $372.11 billion. The firm's AUM has grown by 213% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.48 billion in discretionary accounts and $152.63 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $247.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $337.64 thousand.

Wells Fargo Advisors has custody of $368 billion in cash and securities for 1,316,331 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wells Fargo Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Wells Fargo Advisors, LLC

Daniel James Ludeman has been acting as President since 1 Jul 2003. Brand Frederick Meyer joined the executive team most recently as the Head Of Independent Brokerage Group / Board Of Managers.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel James Ludeman	President/ceo/management committee member/executive committee member	1 Jul 2003	Other	874126
David Lee Monday	Management committee member/executive committee member	1 Jul 2003	Other	722234
Llc Wachovia Securities Financial Holdings	Sole member	1 Dec 2003	75% - 100%	72-1560834
Atul Kamra	Outside management committee member	1 Jun 2004	Other	4891540
Lori Allyn Groden Belza	Management committee member	1 Aug 2004	Other	1993692
John Gabriel Jr Peluso	Outside management committee member	1 Mar 2005	Other	1902776
David Robert Kimm	Chief risk officer/management committee member	1 Apr 2005	Other	722941
James Edward Hays	Management committee member\executive committee member	1 Jan 2006	Other	1569212
Charlie Kent Christian	Management committee member/executive committee member	1 Jan 2006	Other	1465883
Theresa Marie Roddy	Management committee member	1 Jan 2006	Other	1999048
Karen Hutcheson Wimbish	Management committee member	1 Jan 2006	Other	2774186
Linda Amundsen Delaney	Outside management committee member	1 Mar 2006	Other	1570750
Mark John Hammersmith	Outside management committee member	1 Mar 2006	Other	5113830
David Richard Hopkins	Chief financial officer/management committee member/executive committee member	1 Apr 2006	Other	4802877
Mary Tabb Mack	Executive vice president/management committee member/executive committee member	1 Oct 2006	Other	2959378
Joseph Peter Nadreau	Management committee member	1 Jul 2007	Other	2382449
Brand Frederick Meyer	Head of independent brokerage group / board of managers	1 Oct 2007	Other	808629
John Charles Ii Parker	Chief operating officer (operations) / head of business services group/board of managers	1 Oct 2007	Other	4474610
Mary Margaret Atkin	Management committee member / chief administrative officer/executive committee member	1 Oct 2007	Other	863962
Peter Mallory Miller	Board manager/executive committee member	1 Oct 2007	Other	1237791
Douglas Laird Kelly	Chief legal officer	1 Mar 2008	Other	2428802
Robert Thomas Mooney	Chief compliance officer/management committee member/executive committee member	1 Mar 2008	Other	2312160
Ronald James Kessler	Chief operations officer/management committee member	1 Mar 2008	Other	268695
Yvette Butler	Management committee member	1 May 2008	Other	2471482
Gregory Phillip Vitt	Management committee member	1 May 2008	Other	1110208
Douglas Robert Steele	Outside management committee member	1 May 2008	Other	5535829
Joseph Grant Porter	Management committee member	1 May 2008	Other	1080675
Kevin Brady Hurley	Chief compliance officer (ia only)	1 Dec 2008	Other	1293748
John Craig Addison	Human resources director/management committee member/executive committee member	1 May 2009	Other	5705459
Charles Willard Iii Daggs	Outside management committee member/outside executive committee member	1 May 2009	Other	59782
Lincoln Blaine Yersin	Outside management committee member	1 May 2009	Other	1715424
Roger Carlton Ochs	Outside management committee member	1 May 2009	Other	1333092
J. Craig Addison	Human resources director / executive committee member	1 May 2009	Other	5705459
Philip Ross Lombardo	Chief financial officer/management committee member/executive committee member	1 Jun 2009	Other	1839124
Keith Allen Vanderveen	Designated state principal (tx)	1 Jul 2009	Other	1196157
Allison Rash Miley	Management committee member	1 Jul 2009	Other	5716976
Gailyn Ann Johnson	Management committee member/executive committee member	1 Dec 2009	Other	5740508
Jimmie Lenz	Chief risk officer	1 Jul 2010	Other	1407768
John Charles Ii Parker	Chief operations officer	1 Apr 2011	Other	4474610
Beth Ann Hummels	Human resources director	1 Jun 2011	Other	5942307
Atul Kamra	Head of advice	1 Jul 2012	Other	4891540
Charlie Kent Christian	Head of financial network	1 Jul 2012	Other	1465883
Mary Tabb Mack	Head of financial services group / board of managers	1 Jul 2012	Other	2959378
James Edward Hays	Head of wealth brokerage services	1 Nov 2012	Other	1569212
David John Kowach	Head of the private client group	1 Nov 2012	Other	2154665
Kathleen Ellen Barney	Finance manager	1 Apr 2013	Other	6168269
Kathleen Ellen Barney	Chief financial officer	1 Jul 2013	Other	6168269
Mary Tabb Mack	President - chief executive officer / board of managers	1 Jan 2014	Other	2959378
Robert William Vorlop	Head of wfa products & advice	1 Apr 2014	Other	1146770
Joseph Peter Nadreau	Managing director of innovation & strategy	1 Apr 2014	Other	2382449
Kevin Thomas Kitchin	Designated state principal	1 Jul 2014	Other	1841815
James Tiebout Mchale	Chief compliance officer	1 Dec 2014	Other	6052977
Mark William Hubbert	Chief risk and credit officer	1 Sep 2015	Other	1802805
Brand Frederick Meyer	Interim president / head of independent brokerage group / board of managers	1 Jul 2016	Other	808629
Brand Frederick Meyer	Head of independent brokerage group / board of managers	1 Aug 2016	Other	808629
David John Kowach	President - chief executive officer / board of managers	1 Aug 2016	Other	2154665

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Prudential Capital & Investment Services	Share holder	1 Nov 1982	75% - 100%	22-2422630
Inc. Pruco	Share holder	1 Dec 1983	75% - 100%	22-1916656
Inc Prudential Financial	Share holder	1 Dec 2001	75% - 100%	22-3703799
Everen Capital Corporation	Share holder	1 Mar 2003	75% - 100%	36-4019175
Llc Wachovia Securities Holdings	Member	1 Dec 2003	75% - 100%	72-1560830
Inc Prudential Securities Group	Share holder	1 Apr 2004	25% - 50%	22-2347336
Inc. A.G. Edwards	Share holder	1 Jan 2008	75% - 100%	26-1271560
Wells Fargo & Company	Share holder	1 Jan 2009	75% - 100%	41-0449260
Wachovia Corporation	Stockholder	1 Jan 2009	75% - 100%	26-3918610
N.A. Wachovia Bank	Stockholder	1 Jan 2009	75% - 100%	26-3918610
Wells Fargo & Company	Share holder	1 Mar 2010	75% - 100%	41-0449260
Inc. Wells Fargo Investments Group	Share holder	1 Mar 2010	Other	41-1975159
N.A. Wells Fargo Bank	Stockholder	1 Mar 2010	75% - 100%	94-1347393
N. A. Wells Fargo Bank	Stockholder	1 Mar 2010	75% - 100%	94-1347393
Everen Capital Corporation	Share holder	1 Aug 2010	75% - 100%	36-4019175

Based in St. Louis

The principal office where Wells Fargo Advisors, LLC performs its advisory services is located at One North Jefferson Avenue, St. Louis, MO 63103 2205, which is also the mailing address of the firm. An additional office of the firm is in Newport Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-875-3000 or by fax 336-726-8789. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at wachovia.com.