{"url":"https://nivawealth.com/firms/wells-fargo-investment-institute-133204","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/133204","regulatoryAum":42995068741,"crd":"133204","secFileNumber":"801-64191","legalName":"Wells Fargo Investment Institute, Inc.","displayName":"Wells Fargo Investment Institute","website":null,"founded":null,"organization":"North Carolina corporation","fiscalYearEnd":"December","headquarters":{"street":"550 South Tryon Street, 40th Floor","city":"Charlotte","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"28202"},"tradeNames":["Equity Optimization","Fixed Income Strategies Team","Global Asset Allocation","Global Investment Strategy","Global Manager Research","Global Portfolio Management","Global Securities Research","Option Strategies Group"],"registration":{"secApproved":"13 May 2005","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":225,"advisory":143,"brokerDealerReps":7,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":42995068741,"discretionaryAccounts":12213,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":7757608433,"nonUsClientsPct":0,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":177,"regulatoryAum":104574611},{"label":"High-net-worth individuals","clients":11004,"regulatoryAum":34695681732},{"label":"Banking or thrift institutions","clients":1,"regulatoryAum":0},{"label":"Pension and profit-sharing plans","clients":11,"regulatoryAum":37859091},{"label":"Charitable organizations","clients":114,"regulatoryAum":369498380},{"label":"State or municipal government entities","clients":32,"regulatoryAum":357138054},{"label":"Other investment advisers","clients":2,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":127,"regulatoryAum":2665737999},{"label":"Other","clients":748,"regulatoryAum":4764578874}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Wells Fargo Bank, N.A.","shortName":"Wells Fargo Bank, N.A.","location":"San Francisco, CA","smaAssets":35237460308}],"custodyNote":"Wells Fargo Investment Institute has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Darrell Cronk","title":"President and Chief Investment Officer, Director (board Member)","crd":"2498892"},{"name":"Haley Ronzio","title":"Chief Financial Officer, Treasurer","crd":"7832209"},{"name":"Gregory Sigmund","title":"Chief Operating Officer, Director (board Member)","crd":"1229174"},{"name":"David Williams","title":"Chief Compliance Officer","crd":"2027711"},{"name":"Britta McCorduck","title":"Managing Director and Secretary","crd":"5685868"},{"name":"George Rusnak","title":"Director (board Member)","crd":"2142622"},{"name":"Barry Sommers","title":"Director (board Member)","crd":"2301454"}],"ownership":[{"label":"Wells Fargo Bank, N.A.","detail":"Shareholder in the 75% or more ownership band and a control person, since July 2017."},{"label":"Wells Fargo & Company","detail":"Indirect owner: a shareholder of Wells Fargo Bank, N.A. in the 75% or more band and a control person, since July 2017.","parent":"Wells Fargo Bank, N.A."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Minnesota","offices":1,"addresses":[{"street":"550 S 4th Street","city":"Minneapolis"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"2801 Market Street","city":"Saint Louis"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"550 South Tryon Street, 40th Floor","city":"Charlotte","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"314-354-5814","stateRegisteredReps":48,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":40},{"label":"U.S. government/agency bonds","percent":6},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":25},{"label":"Derivatives","percent":2},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":14},{"label":"Cash and cash equivalents","percent":12}],"privateFunds":0},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/133204/PDF/133204.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Wells Fargo Investment Institute have?","answer":"Wells Fargo Investment Institute has 12,216 clients and manages $43 billion for them, as of March 2026. They include 11,004 high-net-worth individuals, 748 other clients and 177 other individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Wells Fargo Investment Institute offer?","answer":"Wells Fargo Investment Institute provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers and publishing newsletters.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Wells Fargo Investment Institute use?","answer":"Wells Fargo Investment Institute’s separately managed account assets are held at Wells Fargo Bank, N.A. (San Francisco, CA), with $35,237,460,308. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Wells Fargo Investment Institute have?","answer":"Wells Fargo Investment Institute has 48 investment adviser representatives registered with state securities authorities, out of 225 employees, and 143 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Wells Fargo Investment Institute invest in?","answer":"At the end of its last fiscal year, Wells Fargo Investment Institute’s separately managed accounts held 40% exchange-traded equities, 25% investment grade corporate bonds, 14% pooled vehicles (private funds and similar), 12% cash and equivalents, 6% U.S. government and agency bonds, 2% derivatives and 1% state and local bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Wells Fargo Investment Institute?","answer":"Wells Fargo Investment Institute is owned through a holding company by Wells Fargo & Company. Its direct owner is Wells Fargo Bank, N.A. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Wells Fargo Investment Institute get paid?","answer":"Wells Fargo Investment Institute is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}