Wells Fargo 2005 Annual Report Download - page 21
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19
“Success happens when we deliver terrific results for our clients
and help them meet their investment goals.When we do that, they
entrust us with even more of their money.The more high quality
investment choices we offer—such as more funds that carry 4-star
or 5-star ratings from Morningstar and those top-ranked by Lipper
—the more successful we are.
For us,great service is a given. Successful investment management
is the result of our talented team delivering superior performance.”
Mike Niedermeyer, Asset Management
Years in financial services: 22
Results
“In our group, definitions of success are as varied as the wide
range of business customers we serve.They look to us to give
them alternatives to cash flow loans that help them achieve their
objectives, and the financial flexibility they need to move from
one phase to the next in the life cycle of their business.
Success for us is providing this flexibility but balancing the
common sense of a lender with the innovative spirit of an
entrepreneur.”
Peter Schwab, Asset-Based Lending
Years in financial services: 30
Staying Flexible
Team members: 3,300
Customers: 32,000
Assets managed: $219 billion
17th largest U.S.mutual fund
company
(l to r): Mike Niedermeyer;
Tom Hooley,Institutional Trust,
Minneapolis, Minnesota; James
Alexander, Institutional Brokerage
and Sales,Chicago, Illinois
Team members: 1,100
Customers: 1,200
Among top U.S. asset-based lenders
(l to r): Peter Schwab; Eileen
Quinn,Wells Fargo Foothill,Boston,
Massachusetts; Paz Hernandez,
Wells Fargo Foothill,Los Angeles,
California