The overhaul is Wells’ third time cutting its geographical regions since 2021.
Rival wirehouses Morgan Stanley and UBS also recently consolidated their field leadership ranks.
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Wells Fargo Advisors has shrunk its field leadership from seven regions to four as part of restructuring aimed at cutting costs. So reports AdvisorHub.
The overhaul is Wells’ third time cutting its geographical regions since 2021.
Rival wirehouses Morgan Stanley and UBS also recently consolidated their field leadership ranks.