WELLS FARGO INVESTMENT INSTITUTE, INC. of CHARLOTTE, NC is an SEC-registered investment adviser (CRD 133204). Regulatory assets under management: $43.0B.
Compensation: % of AUM, Fixed.
Clients served: High net worth, Pooled vehicles, Charities, Corporations.
Showing 25 of 47 people.
| Name | Role | Location |
|---|---|---|
| David M Williams | CHIEF COMPLIANCE OFFICER | Tahoe City, CA |
| Britta Perkio McCorduck | MANAGING DIRECTOR AND SECRETARY | Charlotte, NC |
| Daniel James Mavico | SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | Charlotte, NC |
| Gregory Scott Sigmund | CHIEF OPERATING OFFICER, DIRECTOR (BOARD MEMBER) | — |
| Darrell Lynn Cronk | PRESIDENT AND CHIEF INVESTMENT OFFICER, DIRECTOR (BOARD MEMBER) | — |
| Barry Sommers | DIRECTOR (BOARD MEMBER) | — |
| Haley Lynn Ronzio | CHIEF FINANCIAL OFFICER, TREASURER | — |
| George Edward Rusnak | DIRECTOR (BOARD MEMBER) | — |
| MUNN WILLIAM DOUGLAS | DIRECTOR | — |
| FERRO DENNIS HENRY | DIRECTOR | — |
| KOONCE MICHAEL HOWARD | SECRETARY, CHIEF LEGAL COUNCIL; SENIOR VICE PRESIDENT, GENERAL COUNSEL, & SECRETARY | — |
| LAPPLE BARBARA ANN | SENIOR VICE PRESIDENT | — |
| MOSS MATTHEW CHARLES | CHIEF FINANCIAL OFFICER | — |
| SIGMUND GREGORY SCOTT | CHIEF OPERATING OFFICER; CHIEF OPERATING OFFICER, DIRECTOR (BOARD MEMBER) | — |
| DUNEGAN DORETTA LOUISE | CHIEF COMPLIANCE OFFICER | — |
| STEINER JAMES PAUL | DIRECTOR (BOARD MEMBER) | — |
| TABACK ADAM IRA | DIRECTOR, PRESIDENT; MANAGING DIRECTOR; PRESIDENT, CHIEF EXECUTIVE OFFICER | — |
| BROWN SHEELPA PATEL | CHIEF COMPLIANCE OFFICER | — |
| NAKANO YUKARI | DIRECTOR, SENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER; SENIOR VICE PRESIDENT, CHIEF ADMINISTRATIVE OFFICER; SENIOR VICE PRESIDENT, CHIEF OPERATING OFFICER (+1 more) | — |
| SOMMERS BARRY | DIRECTOR (BOARD MEMBER) | — |
| ANGELOS JAMES FRANK | SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | — |
| BREEN BRIGID | CHIEF COMPLIANCE OFFICER; SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | — |
| WELLBORN JULIA C | DIRECTOR (BOARD MEMBER) | — |
| PATTERSON BRITTA P | DIRECTOR, CHIEF ADMINISTRATIVE OFFICER | — |
| LIPSETT LLOYD | SENIOR VICE PRESIDENT, LEGAL, & SECRETARY | — |
Showing 10 of 46 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 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 | — |
| 2023-09-05 | regulatory | THE ALLEGATIONS WERE THAT, IN 2022, WELLS FARGO CLEARING SERVICES, LLC INADVERTENTLY DID NOT CONDUCT A BRANCH INSPECTION OF ONE MAINE BRANCH OFFICE (A REMOTE LOCATION NOT HELD OUT TO THE PUBLIC). THE MAINE SECURITIES ADMINISTRATOR TOOK THE POSITION THAT THIS VIOLATED MAINE'S ORDER 2021-12 AND MAINE… | Final | $5K |
| 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 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 |
| 2023-08-08 | 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 |
| 2023-03-30 | 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 |
| 2022-05-20 | regulatory | THE SECURITIES AND EXCHANGE COMMISSION (SEC) ALLEGED THAT WELLS FARGO CLEARING SERVICES, LLC (THE FIRM), IN CONNECTION WITH THE FIRM'S FAILURE TO TIMELY FILE CERTAIN SUSPICIOUS ACTIVITY REPORTS ("SARS"), WILLFULLY VIOLATED SECTION 17(A) OF THE SECURITIES EXCHANGE ACT OF 1934 ("EXCHANGE ACT") AND RUL… | Final | $7.0M |
| 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 | — |
| 2021-12-13 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THEENTRY OF FINDINGS THAT IT FAILED TO ESTABLISH AND MAINTAIN A SUPERVISORY SYSTEM THAT WASREASONABLY DESIGNED TO SUPERVISE SHORT-TERM TRADING OF UNIT INVESTMENT TRUSTS (UITS). THEFINDINGS STATED THAT THE FIRM DID… | Final | $100K |