Monday, November 7, 2011

Wells Fargo to start new Abbot Downing Advisory Unit

The focus will be on customers with $50 million or more in investible assets. There will also be many financial services available such as mergers and acquisitions, and insurance and commercial banking. Wells Fargo believes that there are about 10,000 households in the US with these assets. The firm is set to launch in April.

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