Skip to main content

You are here

Advertisement

Wells Fargo Launches Investment Institute

Wells Fargo’s Wealth, Brokerage and Retirement (WBR) division announced on Dec. 3 the launch of Wells Fargo Investment Institute (WFII). According to the announcement, the WFII brings together the investment research, strategy, manager research and publications teams from WBR’s four lines of business to create a single group with a goal of providing world-class advice to both the company's clients and advisors.

WFII’s team of experienced analysts and strategists will seek to provide superior economic and market research and advice to help its advisors deepen client relationships and better achieve clients’ investment goals, the firm said.

Initially, the WFII will be comprised of the manager research, alternative investments and national investment strategy teams that were previously part of Abbot Downing (which serves ultra-high-net-worth clients), Institutional Retirement and Trust, Wells Fargo Advisors and Wells Fargo Private Bank.

The company has named Darrell Cronk WBR’s chief investment officer and president of WFII. The WBR CIO was previously held by Dean Junkans, who is retiring at the end of this year. Prior to his promotion, Cronk served as deputy chief investment officer for Wells Fargo Private Bank.

Advertisement