WFC/WB Channels

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Nov 11, 2008 8:53 pm

Long time reader of forums, new to posting. What does everyone think the channels will look like in the Wells Fargo Investments.  Most likely keep the PCG of WS and WFC Bank brokers separate, curious if you think they will open the channels for movement?

Nov 11, 2008 8:59 pm

I’m sure it will remain the same. PCG, ISG, and Finet.

Nov 11, 2008 9:08 pm

Im in a town that the WFC has most of the market share, thus they have some very big producers. Do you think they will open the channels…let ISG guys move to PCG with a nicer payout? Seems like they would have to allow a grace period to move

Nov 11, 2008 9:23 pm

WS ISG has a private practice progam that allows an Advisor to "move out" of the Branches and receive a slightly higher payout.  There has been no cross channel movement yet.