Wells to Launch Revamped RIA Custody Platform in Late 2026 [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Yahoo! Finance
Wells Fargo Advisors is set to launch a newly designed fee-only RIA custody platform later this year to be seeded by a few of its Financial Advisor Network firms, according to the executive overseeing the effort. Wells Fargo's fee-only RIA channel, which allows advisors to custody through First Clearing, has grown to a few dozen firms over the years . And while the wirehouse would not break out assets under management, its independent solutions head said the division has been working on a new custodial tech stack that will onboard some existing advisors on its broker/dealer model, FiNet, seeking a fee-only model, with a broader market launch in 2027. “We see ourselves as a platform that can cultivate that advisor lifecycle,” said Erik Karanik, Wells Fargo's head of wealth and investment management independent solutions. “We really look at it from a wealth management business perspective in that we're providing services to clients, and we are really agnostic at this point as to ho
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News
- Wells Fargo & Company (NYSE:WFC) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
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- Wells Fargo & Company (NYSE:WFC) was downgraded by analysts at Freedom Capital from a "strong-buy" rating to a "hold" rating.MarketBeat
WFC
Earnings
- 1/14/26 - Miss
WFC
Sec Filings
- 1/22/26 - Form 424B2
- 1/22/26 - Form 424B2
- 1/22/26 - Form 8-K
- WFC's page on the SEC website