Wells Fargo Advisors
Top 10 U.S. branch manager honoreesPosted by RJ and Makay on Apr 23, 2012 |
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On Wall Street magazine and NYLife/MainStay Investments have announced their joint-sponsored list of the top 10 U.S. branch managers for 2011. Award winners were selected based on branch-wide marketing strategy, the ability to develop and motivate advisors, and dedication to superior client service. All managers demonstrated key leadership skills and solid ethics, and inspired co-workers within the demanding world of financial advice.
The work of financial advisor branch managers has grown more complex as they seek to meet the demands of customers amid greater regulatory scrutiny. New financial products, global events, and the goals of mid-career as well as high-net worth investors place unusual demand on the legions of branch offices throughout the nation.
The wealth management unit of Wells Fargo & Company reported weaker than expected fourth quarter 2011 results Monday. The firm attributed the tepid quarter to volatile investment markets and reduced client activity. Client assets within Wells Fargo Advisors declined 3% from Q4 2010 to $1.13 trillion, the company said. Fee-based income in the segment fell 2% to $198 million. The firm added 75 advisors in 2011 to bring its total to 15,263.
