SEC-registered wealth management firm Broker-dealer affiliated
Wells Fargo Advisors
As of its Form ADV filed September 2, 2026, Wells Fargo Advisors, an SEC-registered, broker-dealer affiliated wealth management firm in St. Louis, Missouri, reported $252.3 billion in regulatory assets under management across 466,575 accounts, ranking #3 among all wealth firms in Missouri by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 11025
- SEC file number
- 801-57434
- Registered since
- April 3, 2000
- Latest Form ADV filing
- September 2, 2026
- Legal name
- WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 1,338
Key figures
- Regulatory assets under management
- $252.3 billion
- Discretionary
- $191.5 billion (75.9%)
- Non-discretionary
- $60.7 billion
- Accounts
- 466,575 (376,616 discretionary)
- Clients
- 469,565, approximate as reported
- Employees
- 4,047
- Advisory staff
- 2,366 performing investment advisory functions
- Average account
- $540,645
- Asset growth, 1 year
- 27.8% (from $197.4 billion a year earlier)
- Asset growth, 3-year annual rate
- 34.7% (from $103.1 billion three years earlier)
- Asset growth, 5-year annual rate
- 25.9% (from $79.6 billion five years earlier)
- Client growth, 1 year
- 16.0% (from 404,933)
Broker-dealer affiliated. The firm is itself a broker-dealer as well as an investment adviser (Form ADV Item 6.A(1)). It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $13.0 billion |
| October 3, 2011 | $16.7 billion |
| October 1, 2012 | $20.2 billion |
| October 1, 2013 | $25.0 billion |
| October 1, 2014 | $32.0 billion |
| October 1, 2015 | $38.1 billion |
| October 3, 2016 | $38.4 billion |
| October 2, 2017 | $42.5 billion |
| October 1, 2018 | $49.2 billion |
| October 1, 2019 | $47.5 billion |
| October 1, 2020 | $65.3 billion |
| October 4, 2021 | $79.6 billion |
| October 3, 2022 | $102.5 billion |
| October 5, 2023 | $103.1 billion |
| October 1, 2024 | $154.2 billion |
| September 2, 2025 | $197.4 billion |
| October 2, 2026 | $252.3 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 233,869 clients | $183.0 billion | |
| Individuals (other than high net worth) 221,968 clients | $51.4 billion | |
| Corporations or other businesses 3,954 clients | $9.3 billion | |
| Charitable organizations 2,392 clients | $5.0 billion | |
| Pension and profit sharing plans 4,364 clients | $3.4 billion | |
| State or municipal government entities 20 clients | $88.6 million | |
| Banking or thrift institutions fewer than 5 clients | $8.2 million | |
| Insurance companies 7 clients | $4.2 million |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Commissions
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting
- Selection of other advisers
- Other
Financial planning clients (Item 5.H): 11-25.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Broker-dealer
- Other financial products
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Swap dealer
- Commodity pool operator or commodity trading advisor
- Futures commission merchant
- Banking or thrift institution
- Trust company
- Insurance company or agency
- Pension consultant
- Sponsor or syndicator of limited partnerships
- Sponsor, general partner or managing member of pooled investment vehicles
Custody (Item 9)
The firm reported custody of client cash or securities, $504.5 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 4,168
- Also registered through a broker-dealer
- 4,159
- Employees who are IARs (Form ADV 5.B(3))
- 3,608
Designations held by the firm's IARs: CFP 633, CFA 34, ChFC 34, PFS 2.
Between 574 and 2,611 of the firm's 4,168 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 20 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Missouri
| Firm | City | RAUM |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | St. Louis | $197.5 billion |
| Focus Partners Wealth, LLC | St. Louis | $181.9 billion |
| Moneta Group Investment Advisors, LLC | St. Louis | $50.5 billion |
| Focus Advisor Solutions, LLC | St. Louis | $41.5 billion |
| Benjamin F. Edwards & Company, Incorporated | St. Louis | $18.9 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Wells Fargo Advisors on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.wellsfargo.com
- Wealth management firms in Missouri
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.