Reuters exclusive on Wells Fargo's big wealth growth plans
03.04.2010
Reuters exclusively reported on March 4 that Wells Fargo wants to hire 40 percent more brokers to create a force of 25,000 advisers to better compete with Merrill and Morgan Stanley. David Carroll, who oversees the group’s wealth management operations, told Reuters in an exclusive interview he would add as many as 10,000 advisers. Dow Jones cited the Reuters the next day while Bloomberg did not match.