WELLS FARGO INVESTMENT INSTITUTE, INC.
Adviser information for WELLS FARGO INVESTMENT INSTITUTE, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 251 |
|---|---|
| Investment Advisory/Research | 169 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 63 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 20,198 | $43.6B |
| Non-Discretionary | 0 | $0 |
| Total | 20,198 | $43.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 186 | $30.0M |
| HNW Individuals | 17,982 | $36.1B |
| Banking or thrift institutions | 1 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 5 | $6.2M |
| Charitable organizations | 213 | $338.4M |
| State or municipal gov entities | 41 | $361.5M |
| Other investment advisers | 2 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 39 | $554.1M |
| Other | 1,729 | $6.2B |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 3 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)Publication of periodicals or newsletters |
|---|---|
| Compensation | % of AUMFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 1.7B |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| CUSTOMIZED PORTFOLIOS | WELLS FARGO ADVISORS |
| PERSONALIZED UNIFIED MANAGED ACCOUNT | WELLS FARGO ADVISORS |
Identifiers
| SEC RIA File Number | 801-64191 |
|---|---|
| SEC ERA File Number | 801-64191 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 133204 |
| Legal Entity Identifier | 14672829-0012 |
Principal Office
550 SOUTH TRYON STREET40TH FLOOR
CHARLOTTE
NC
United States
Monday - Friday, 8 AM - 5 PM
Tel: 980-266-5763, Fax: None
Chief Compliance Officer
DANIEL J. MAVICO
SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER
401 S TRYON STREET, 4TH FLOOR
CHARLOTTE
NC
United States
Tel:
980-266-5763
D************@*************M
(Full email address available in API data)
Regulatory Contact
EVITA ASUNCION
VICE PRESIDENT
1655 GRANT STREET, 2ND FLOOR
MAC A0397-024
CONCORD
CA
United States
Tel:
415-713-3651
E***************@*************M
(Full email address available in API data)
Industry Affiliates
| WELLS FARGO ADVISORS | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersPension consultant |
| WELLS FARGO ADVISORS | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersPension consultant |
| WELLS FARGO BANK, NATIONAL ASSOCIATION | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisorBanking or thrift institutionTrust companyInsurance company or agencyPension consultantSponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MCCORDUCK, BRITTA, PERKIO | Individual | – | MANAGING DIRECTOR AND SECRETARY | 03/2019 | < 5% |
| SIGMUND, GREGORY, SCOTT | Individual | – | CHIEF OPERATING OFFICER, DIRECTOR (BOARD MEMBER) | 04/2021 | < 5% |
| CRONK, DARRELL, LYNN | Individual | – | PRESIDENT AND CHIEF INVESTMENT OFFICER, DIRECTOR (BOARD MEMBER) | 12/2014 | < 5% |
| WELLS FARGO BANK, N.A. | Domestic Entity | – | SHAREHOLDER | 07/2017 | > 75% |
| MAVICO, DANIEL, JAMES | Individual | – | SENIOR VICE PRESIDENT AND CHIEF COMPLIANCE OFFICER | 11/2017 | < 5% |
| WELLS FARGO & COMPANY | Domestic Entity | WELLS FARGO BANK, N.A. | SHAREHOLDER | 07/2017 | > 75% |
| SOMMERS, BARRY | Individual | – | DIRECTOR (BOARD MEMBER) | 08/2020 | < 5% |
| Ronzio, Haley, Lynn | Individual | – | CHIEF FINANCIAL OFFICER, TREASURER | 11/2023 | < 5% |
| RUSNAK, GEORGE, EDWARD | Individual | – | DIRECTOR (BOARD MEMBER) | 11/2023 | < 5% |