WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC of ST. LOUIS, MO is an SEC-registered investment adviser (CRD 11025). Regulatory assets under management: $252.3B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Fixed, Commissions.
Clients served: Individuals, High net worth, Pooled vehicles, Pensions, Charities, Other.
Showing 25 of 74 people.
| Name | Role | Location |
|---|---|---|
| Rakesh Patel | CHIEF FINANCIAL OFFICER | Vancouver, A1 |
| David E Marcus | MANAGING DIRECTOR OF BRANCH DEVELOPMENT GROUP AND MARKETING | Summit, NJ |
| Terry Joseph Warren | BOARD OF MANAGERS | Orlando, FL |
| John R Tyers | PRESIDENT/BOARD OF MANAGERS/CONTROL PRINCIPAL | — |
| Paul Cameron Sankovich | CHIEF COMPLIANCE OFFICER | — |
| Sol Gindi | BOARD OF MANAGERS | — |
| Paul Lacey | PRINCIPAL OPERATIONS OFFICER/CONTROL PRINCIPAL | — |
| Kimberly Crowder Ta | BOARD OF MANAGERS/CONTROL PRINCIPAL | — |
| David Franz Markmann | DESIGNATED TEXAS OFFICER | — |
| Erik Anthony Karanik | CHIEF EXECUTIVE OFFICER / BOARD OF MANAGERS | — |
| James J Craven | BOARD OF MANAGERS | — |
| MOYA MODESTO | SROP | — |
| BURKE WALTER THOMAS | SENIOR REGISTERED OPTIONS PRINCIPAL | — |
| LEEDS MARSHALL TODD | CHAIRMAN, DIRECTOR, CEO | — |
| KELLY DOUGLAS LAIRD | CHIEF LEGAL OFFICER, SECRETARY; COUNSEL, SECRETARY; GENERAL COUNSEL (+1 more) | — |
| LAWLOR KEVIN MICHAEL | CFO/MEMBER-BOARD OF MANAGERS | — |
| MEYER BRAND FREDERICK | MEMBER- BOARD OF MANAGERS | — |
| MONDAY DAVID LEE | DIRECTOR | — |
| CENTENO PATRICIA REED | IA CHIEF COMPLIANCE OFFICER | — |
| SHORT WILLIAM LEE JR | SROP/CROP | — |
| PELUSO JOHN GABRIEL JR | CHAIRMAN; MANAGER/PRESIDENT; PRESIDENT, CHAIRMAN (+1 more) | — |
| CHRISTIAN CHARLIE KENT | PRESIDENT/BOARD OF MANAGERS; PRESIDENT/CEO/MEMBER-BOARD OF MANAGERS; PRESIDENT/MEMBER-BOARD OF MANAGERS | — |
| SANDOR LAWRENCE PAUL | CHIEF COMPLIANCE OFFICER | — |
| WIMBISH KAREN HUTCHESON | DIRECTOR; DIRECTOR, COO; MANAGER/COO | — |
| HEBNER DAVID ALLAN | SECRETARY | — |
Showing 10 of 148 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2025-01-17 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION ("SEC") ENTERED INTO A SETTLEMENT ORDER WITH WELLS FARGO CLEARING SERVICES, LLC ("WFCS") AND WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC ("WFAFN") (COLLECTIVELY, THE "FIRMS") TO SETTLE AN ADMINISTRATIVE ACTION WHICH ALLEGED THAT, FROM 2019 THROUGH MAY 2024, THE… | Final | $7.0M |
| 2025-01-16 | regulatory | BLOOMBERG SEF LLC ("BLOOMBERG SEF") ALLEGED THAT WELLS FARGO BANK, NATIONAL ASSOCIATION ("THE FIRM") FAILED TO TIMELY NOTIFY BLOOMBERG SEF AFTER AN ERRONEOUS TRADE WAS DISCOVERED, IN VIOLATION OF BLOOMBERG SEF RULE 516. | Final | $1K |
| 2024-12-20 | civil | THE CONSUMER FINANCIAL PROTECTION BUREAU ("CFPB") ALLEGED THAT WELLS FARGO BANK, N.A. ("WFB"), AND OTHER DEFENDANT-BANKS, (1) ACTED UNFAIRLY BY FAILING TO TAKE TIMELY, APPROPRIATE, AND EFFECTIVE MEASURES TO PREVENT, DETECT, LIMIT, AND ADDRESS FRAUD ON THE ZELLE NETWORK, IN VIOLATION OF 12 U.S.C. §§… | Final | — |
| 2024-12-20 | civil | THE CONSUMER FINANCIAL PROTECTION BUREAU ("CFPB") ALLEGED THAT WELLS FARGO BANK, N.A. ("WFB"), AND OTHER DEFENDANT-BANKS, (1) ACTED UNFAIRLY BY FAILING TO TAKE TIMELY, APPROPRIATE, AND EFFECTIVE MEASURES TO PREVENT, DETECT, LIMIT, AND ADDRESS FRAUD ON THE ZELLE NETWORK, IN VIOLATION OF 12 U.S.C. §§… | Pending | — |
| 2023-08-25 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION ("SEC") ALLEGED THAT WELLS FARGO CLEARING SERVICES, LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC, AND THEIR PREDECESSOR FIRMS (COLLECTIVELY, "WELLS FARGO" OR THE "FIRM") OVERCHARGED APPROXIMATELY 10,945 ADVISORY ACCOUNTS OF ADVISORY CLIENTS OPENED THROUGH 2… | Final | $35.0M |
| 2023-08-08 | regulatory | THE COMMODITY FUTURES TRADING COMMISSION ("CFTC") ENTERED INTO A SETTLEMENT ORDER ("ORDER") WITH WELLS FARGO SECURITIES, LLC ("WFS") AND WELLS FARGO BANK NA ("WFB" AND COLLECTIVELY WITH WFS, THE "RESPONDENTS") TO SETTLE AN ADMINISTRATIVE ACTION CONCERNING (A) WFB'S FAILURE TO MAINTAIN REQUIRED RECOR… | Final | $75.0M |
| 2023-08-08 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION ("SEC") ALLEGED, IN CONNECTION WITH THE BROKER-DEALER OFF-CHANNEL COMMUNICATIONS INITIATIVE, THAT WELLS FARGO SECURITIES, LLC, WELLS FARGO CLEARING SERVICES, LLC, AND WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC (COLLECTIVELY, "WELLS FARGO") FAILED TO (1) MAINTA… | Final | $125.0M |
| 2023-03-30 | regulatory | ON MARCH 30TH, 2023, THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM (THE "BOARD OF GOVERNORS") ISSUED AN ORDER OF ASSESSMENT OF CIVIL MONEY PENALTY ISSUED UPON CONSENT PURSUANT TO THE FEDERAL DEPOSIT INSURANCE ACT, AS AMENDED (THE "ORDER") IMPOSING A CIVIL MONEY PENALTY ON WELLS FARGO & COMPAN… | Final | $67.8M |
| 2022-12-20 | regulatory | THE CFPB ALLEGED THAT CERTAIN OF THE BANK'S AUTO LOAN SERVICING, MORTGAGE LOAN SERVICING, AND CONSUMER DEPOSIT ACCOUNT PRACTICES WERE UNFAIR, AND THAT ONE CONSUMER DEPOSIT ACCOUNT PRACTICE WAS DECEPTIVE, AS FURTHER DESCRIBED IN THE CONSENT ORDER. | Final | $1.7B |
| 2021-12-20 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH AND MAINTAIN A SUPERVISORY SYSTEM REASONABLY DESIGNED TO SUPERVISE REPRESENTATIVES' 529 PLAN SHARE-CLASS RECOMMENDATIONS. THE FINDINGS STATED THAT THE FIRM'S WRITTE… | Final | — |