Wealth and Asset Management
Wells Fargo to end its Abbot Downing wealth management brand for the ultra-rich
Wells Fargo will discontinue its Abbot Downing wealth-management brand and fold the unit, which catered to the ultra-wealthy, into its larger private bank, according to an internal memo seen by The Charlotte Observer. The move continues the ongoing consolidation underway in the bank’s wealth management division. Last month, Wells Fargo…
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Click here to read the full story: the Charlotte Observer