Managed Portfolio Solutions are available for minimum asset of $25,000 per account, which includes asset allocation decisions,
security selection, and ongoing portfolio monitoring. Managed Portfolio Service is available through phone calls.
Wells Fargo Advisors fees vary based on relationship, services, and account types.
Clients have an access to a broad range of services such as account services that complement the investment planning process, advisory services,
business services, variety of account types and investment products, education funding,
retirement planning and more.
Wells Fargo Advisors is one of the nation’s largest retail brokerage firms. 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.
Wells Fargo Advisors is one of the nation's premier financial services firms, serving and advising clients nationwide through more than 15,000
In 2016 in the annual J.D. Power Full Service Investor Satisfaction study, Wells Fargo Advisors finished eight,
becoming the last firm rated the industry average by the total score.
by Dale Ellington,
Over the coarse of the years I have had my retirement account with Wells Fargo I have had trouble getting my broker to do what I tell him to do. In the latest case I requested a sale of some of my stock and to put the cash in my regular bank account. It has been three weeks now since I asked him and several phone calls and I still can't get him to do what I asked him!
by G Jones,
Cons: Stupid or crooked, hard to tell which
Put my retirement nest egg in their Fundsource program. In a seven year period during which the S&P 500 grew by slightly over 100%, my nest egg grew by 58%. The missing 42% was 11% to them in fees and 31% squandered by their ineptitude. Run don't walk your money away from these idiots.
Pros: Investment Contact Person Was Pleasant and Courteous
Cons: Everything Else You/I Could Think Of
Do not put 1 cent of your money into their hands. Within 3 years they "managed" a million plus dollar corpus into about 25-30% of that. Every bit of negative notoriety WF has recently received in the national press is deserved IMO, and probably much more/worse. I hope to be completely separated from them in the near future.
I wish there was a Zero Star option here.
by Hemp Luis,
Cons: Questionable integrity
I'm invited and given freebies, all for a free market analysis of my current assets, only they don't follow up, I never heard back till I called them, then they send me transfer forms, sign the blank forms and they'll complete the rest! Really??? Am I a moron? Then they send me more forms, all filled out, and no contract! I'm really getting concerned, they said the contract comes later on, after they start management, but I refuse to transfer anything... They do want to push 50% fixed income but right now it's all going down, stocks are up and so are interest rates! I share many of other posting concerns, it's bad before the start, how owful can it get! Yes, so I'm stopping the process!
Cons: only look out for their own commissions
Lost a small fortune with these people due to self serving bad advice
by Keith Daniels,
Customer service is ok, back office is horrible and delays your funds when trying to close out your account. You send it all paperwork and they still find ways to delay everythingetting. Current waiting time is 8 days for a process that should've took 3 days. It's terrible will be reaching out to the better business Bureau as well.
Pros: Good computer system
Cons: Back Office service very bad
Very challenging to transfer funds out of Wells Fargo Advisors to another company. Back office ignores repeated requests. Need to know full name of person, phone number, superior phone number and name, etc. Be prepared for 20 questions when attempting to confirm your identity by phone.
Rubbish.Terrible customer service.This is worst service i ever seen. Lack of knowledge.
Pros: Speaks english
Cons: Doesn't return emails, pushes bonds
I've been trying to redo my investments (i.e. Remove under performers). After 3 emails and two teleconferences ( plus an email today) I do not feel they are responsive.
Pros: free lollipops
AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL AWFUL >>>> did I mention AWFUL!!!
Pros: I'm thinking...... I got one.....Good at slick advertising
Cons: Really difficult to close out account
Been trying for over 2 months to close out an inherited account. Despite promptly submitting every document that was requested, we continue to wait for "the back room" to process the paperwork. The stonewalling is incredible. Don't know how they stay in business.
by P Arinsbe,
Cons: Very poor customer service and marginal returns on investments, excessive fees
When I try to reach an account representative no one is available and I am told they will call back! No one ever calls back, very very poor customer service, avoid these people.
Pros: Very fast to take money
I absolutely cannot believe the customer service I have experienced. I have had my IRA for ten years putting a little away for a first time home purchase. A month ago I requested a full distribution and now I have to call twice a week and find out what is going on from some clueless moron on the other end. I would never recommend investing here.
Cons: Invested my money and never heard again from the broker who talked me into inveseting
I have moved my money out of Wells Fargo Advisors account. Had a $95 exit fee. Lost about $10K. Was not impressed with the investment advisor who set up my account. Called him several times to find out if there was something else he would recommend since I was losing so much money and he never called me back.
by r schwartz,
Cons: Terrible customer service: Extensive Fees. Lack of education
Think twice before giving this brokerage your social security number. Wells Fargo is the joke of the industry. Terrible customer service. Days to get a call back. Given wrong information in IRA distribution. Tried to withhold federal taxes. Took ten phone calls to straighten it out. To add insult to injury they insist on chargeing to send check. Want $95.00 per account to terminate relationship. Over $800,000 in accounts for over ten years. Won't give out phone number for superiors. Definitey not for high net worth clients. run don't walk away from these idiots.
Cons: Giving bad advise, lack of honesty, terrible customer service, deceptive practices
I was sent to see a financial adviser after having my taxes done to get a deduction on my state and federal taxes. I was told to put $6500 into a mutual fund which according to the person I talked to would pay a handsome return. All I wanted was to put the money aside for a year in a safe investment. In one week, this safe fund went down $700. They don't return phone calls for days and in one instance the adviser I was doing business with just gave may account to someone else who I had never talked to. When I tried to contact him, he was unavailable. I called his assistant who never got back to me. I will never do business with these people again. They live up to the Wall Street mindset of greed is good.
I just have bad experience with so call Financial Advisor from Well Fargo.
Wells Fargo’s so called “professional advisor” did not only excel with bad communications but showed a fundamental lack of investment knowledge and financial markets in particular. There was no broad knowledge or vision in regards to fiscal policy or economic conditions.
One glowing example was the Fed’s intention of tapering off QE3 and the rising interest rates causing many investors to flee the bond market. WF Advisor still recommended long term bond funds with restrictions and early selling penalties – not even talking about possible large losses in principal. To make matters worth, no strategy for damage control other than hold and loose even more! Based on my experience I can only caution potential investors to watch out – WF Advisors is certainly not going to do it…