Wells Fargo Advisors Head Jim Hays to Exit in Another Shake-Up
In another shake-up atop Wells Fargo & Co.’s brokerage unit, James E. “Jim” Hays is stepping down as head of Wells Fargo Advisors on July 1, according to sources briefed on the matter.
https://www.advisorhub.com/breaking-wells-fargo-advisors-head-jim-hays-exits-in-another-shake-up/
I agree that it is an absolute crapshoot. But the WFA name does not bring WF down, it’s actually the opposite. You don’t think the wealth management business would be doing better without the reputation of dishonesty? That’s why many employees wish it were sold or spun off from WF.
There is no such thing as 'News' coming out of WF Advisors. Everything and anything is a walking cr-p shoot and has been for 3 years now out of that side of the business. Just the name brings Wells down each day.
One side takes peoples money and then wonders why the other side can't find enough people with money to manage
its a way to get the JP Morgan Chase buddy in charge
He needed to go. Look at the number of FA’s that have left. His plan has been a disaster.