Wells Fargo 2011 Annual Report Download - page 16
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14
WellsFargo helps people with decisions about their
money every day. Our teams of financial advisors
and planners, private bankers, and retirement and
trust specialists manage more than $1.3trillion
for customers — creating financial plans that meet
lifegoals.
One of those customers is “Bubba”
Danforth of Orangedale, Fla., who
was a crabber one day last August
and a millionaire the next, thanks
to a winning Florida Lotto ticket he
purchased at a local country store.
Today he’s confident he can leave a
healthy financial legacy to his family,
thanks to a team of WellsFargo
professionals.
“The WellsFargo team is giving us
information and options,” said his wife,
Cathy. “We want to make good choices
and manage the money well. We hope
the money can live on for generations.”
The Danforths chose WellsFargo for
a simple reason: trust. The morning
after getting the news about their
$20million windfall, the couple visited
the Green Coast Springs banking store
they knew so well. Team members
there previously had helped them
untangle a financial knot created when
fraudsters took advantage of Bubba’s
aging mother. The couple placed the
winning ticket in their safe deposit
box, and Teller Chrispian Boyd asked,
“Would you like me to recommend
someone who can help you?”
WellsFargo Advisors’ David Berard
and WellsFargo Private Bank’s Marty
Flack quickly assembled a team
(including specialists from The Private
Bank, WellsFargo Insurance, and
Community Banking) and presented
aplan for the Danforths to consider.
Cathy concluded, “We’re modest people
and have never had a lot of money, but
we tried to manage what we did have.
Now we have peace ofmind.”
$1.3 trillion under management
9,054
WellsFargo operates the largest
store network in the U.S., including
6,239banking, 1,375WellsFargo
Advisors, 725mortgage, and
715wholesale locations.
15,000
The brokerage team,
WellsFargo Advisors, has more
than 15,000 financialadvisors.
No. 4
WellsFargo is the fourth largest
wealth management firm.