Wells Fargo 2011 Annual Report Download - page 16

Download and view the complete annual report

Please find page 16 of the 2011 Wells Fargo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 240

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240

14
WellsFargo helps people with decisions about their
money every day. Our teams of nancial advisors
and planners, private bankers, and retirement and
trust specialists manage more than $1.3trillion
for customers creating financial plans that meet
lifegoals.
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 WellsFargo
professionals.
“The WellsFargo 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 WellsFargo for
a simple reason: trust. The morning
after getting the news about their
$20million 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?”
WellsFargo Advisors’ David Berard
and WellsFargo Private Bank’s Marty
Flack quickly assembled a team
(including specialists from The Private
Bank, WellsFargo Insurance, and
Community Banking) and presented
aplan 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 ofmind.
$1.3 trillion under management
9,054
WellsFargo operates the largest
store network in the U.S., including
6,239banking, 1,375WellsFargo
Advisors, 725mortgage, and
715wholesale locations.
15,000
The brokerage team,
WellsFargo Advisors, has more
than 15,000 financialadvisors.
No. 4
WellsFargo is the fourth largest
wealth management firm.