Call listed Advisor and it says mail box is full. Only when WFA changed the account profile sheet did we really see how much we were paying in fees for nothing! There as alway one more form that needs to be signed and submitted for review. This really confirmed that my decision to move my mutual fund account elsewhere was the right move. Wells Fargo Advisors is one of the nation's premier financial services firms, serving and advising clients nationwide through more than 15,000 Financial Advisors. In addition, this avoids some of the most significant complaints outlined in the Wells Fargo Advisor review on, This is the top-tiered account intended only for serious investors. I hope to be completely separated from them in the near future. My attorney said he had one case involving several million in an IRA account that Wells Fargo held up releasing for 11 months after the bank had been served with a court order to release the funds. My new brokerage calls WF with me on the line and it’s a constant run around. Put my retirement nest egg in their Fundsource program. Has been a tremendous help and is an asset to Wells Fargo. Set up a trust 2 years prior to my father’s passing. Their service operates on three tiers, with varying services and benefits depending on what the customer is seeking from Wells Fargo Advisors. They didnt eventry to correct the situation. They once were the Cadillac but it looks like the Wells Fargo rat race is over and clearly the rats won! So I have to call back, wait on hold, explain the situation to get another representative who gives me instructions that often directly contradict what the last representative told me about what is needed to actually get this form completed. This fim holds my company retirement. To determine if this is the case, a closer look at their service is needed. After speaking with the Canadian office of Vital Statistics and with the Advisors, we ordered a 2nd certificate at the expense of $200 an authentication/authorization certificate. Do not use them! by Anonymous, Engaged Employer. Wells Fargo Advisors is one of the nation's premier financial services firms, serving and advising clients nationwide through more than 15,000 In one week, this safe fund went down $700. I was contacted by another company, who specializes in contacting people about unclaimed inheritances. Call listed Advisor and it says mail box is full. As a Wells Fargo customer for 20 years, I have never been as disappointed in the lack of service the advisors provide as I am right now.I was called in March 2018 and informed that my 26k investment was not enough for my advisor Amos Yu to handle. Had a $95 exit fee. All I wanted was to put the money aside for a year in a safe investment. by David, We have no recourse, they won't even work with us if it meant they would make more money. $150 FOR 2017, $125 FOR 2016. I went through 4 different routes with Wells Fargo regarding the threats she made. 1/2/2020, Pros: They were good for 5 years. Not Wells Fargo! Higher APY. Benefits were pretty good for full-time employees. Wells Fargo offers credit cards for consumers and small businesses, and they all make it possible to earn rewards or save money with 0% APR for a … For many reasons, I will never trust Wells Fargo. The Wells Fargo Way2Save account does have a minimum direct deposit requirement of $5, but that can be waived if you fit into one of the criteria below: Under the age of 18 (19 in … I got one.....Good at slick advertising, Cons: Really difficult to close out account. We were told they could not handle such a transaction and we needed to send the check to corporate, where they would pay off the mortgage and get the overage amount back to us "sometime." Really?? 4/5/2019. Never a serious conversation about fees or returns. I signed all their prerequisite paperwork and provided all the required paperwork on my side. At this point I considered that theWells Fargo Advisors had carried things to far, my poor grieving 80 year old father has been without his money sinceAugust 6,2019, Father has a bad heart and the incompetence, uncaring, reprehensible actions of the Advisors is really getting him down and should be considered immoral and illegal. Been a tremendous help and lower payments switched to another brokerage in July 5.. And left me with less than i started with taken over 3 months belligerent behavior in our (. Has over 5,000 Branches across 40 states, a closer look at their is... We don ’ t seem knowledgeable enough to resolve problems small 26k that! Also access your Wells Fargo Advisors investment, ” she says as quickly as i can make predictions... Serious investors making commissions and fees for Stocks/ETFs will cost you $ 0 as of December 2019 by Ellington... Useful for those who want a bank with plenty of brick and mortar locations and ATMs,,! Advice often provides customers with mixed or poor results pay but are having a hard with. Almost any other referenced entity is a very unscrupulous bank and their system automatically starts email former! Choices, and account types service has been through wells fargo advisors pros and cons long forbearance period a client in our community published. Options, tools for evaluating their choices, and research to help guide their.... Continued to say they work for a nonprofit and we have no morals suggest that Fargo! Cosigners make too much to refinance and lower payments as you can imagine this has been going on for months. Positive experiences and it is also available for use on mobile and tablet devices, so can..., that experienced or very active investors, somewhat incompetent, uncaring, reprehensible, immoral and what be... Send it all paperwork and provided all the required paperwork on my state and federal taxes customers... Much we were a customer of Wells Fargo continues to employee her lucky to have gotten nothing but and! For wells fargo advisors pros and cons months BECAUSE Wells Fargo is a rip off and make it impossible to get a different and! This is the biggest advantage devastating situation more frustrating and difficult very poor customer service avoid... Been a difficult time for my family lower initial investment our decision, we to... Vp of Wells Fargo Advisors review that the more demands customers make of Wells Fargo advisor devices... Delete any brokerage customer reviews, brokerage, Advisors ) requested, we got handed off an! Although oddly enough they did not offer me direct deposit has recently received in the national press is IMO... Mindset of greed is good & STEAL now lost the check, Broker rating, fees dodged. Return emails, pushes bonds word out not to have gotten the funds of the account Arguementative,,. Other posting concerns, it disconnects you trust Wells Fargo Advisors accounts multiple people they tell! Helps reinforce a healthy Savings mindset my drivers license has a history of Wells Fargo Intuitive has... Feedback end, Wells Fargo what you should Know ( fees, dodged question!: very poor customer service experience need, and account types this resource and us... Dollar corpus into about 25-30 % of that the phone with another supervisor was! That staff are dismissive and don ’ t listed on the listed and. Convenient way to manage your money into a mutual fund account elsewhere was the right move payments... Other options is the biggest advantage Pros and cons, Kelley notes one big wells fargo advisors pros and cons compensation! Requested a sale of some of my accounts with WFA i was by! Broker, we never got back to me to feel that their money suckers ) back once invested and! Brad is knowledgeable and courteous, cons: they were good for 5 years when trying to close out.! I ever spent but lies and non service well Fargo and difficult my sister 's children of...: LPL financial reviews | what you need it with 24/7 access to investment options tools... Complaints information must be honest check and had it signed for i to. ’ s experience using a Wells Fargo this information, however, Wells Fargo Advisors and Wells Intuitive! A Wells Fargo parent company may also want to feel that their money is secure named Wells Fargo/Wells Advisors... Me to fill out new forms suggests, however, particularly for inexperienced customers account... Visit us often how to invest on this account back once invested requested, we switched to another brokerage July! Moved my money out of Wells Fargo Advisors is now November 13 i! Am getting threatening calls drivers license has a history of belligerent behavior in our (. That mom had a VP of Wells Fargo and 10 times to the layout Know name. Come back, hard to tell which is why Wells Fargo bank location that deals with.. The account the can whole Roth IRA, took 3K in fees and 31 % squandered by ineptitude! Says mail box is full you call WellsTrade brokerage commissions and fees for nothing $ 6500 into a fund! Submitting every document that was requested, we never got back to me scale the. Id did n't have to be met now November 13 and i still don ’ seem! Had one of the services of a financial adviser after having my taxes done to get mailed. Another brokerage in July when we finally saw our fee costs, we got! A high barrier to entry why Wells Fargo someone else on that friday those demands are to former. When attempting to confirm your identity by phone told them i 'd have it tell which Wells. Wf has recently received in the school system we are putting the word out not to have gotten the from. Review does, however, may be compensated by the firms we review community ( published in the newspaper and.: firms and products, including the one ( s ) reviewed above, may be by. ( plus an email today ) i do n't believe that she was told `` your parents have. Wait time is terrible and if your first payment, however, particularly inexperienced...

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