https://www.advisorhub.com/wells-fargo-moving-past-knock-on-effects-of-bank-scandal-looks-to-go-on-offense/
A few thoughts:
Charlie likes to share more information at conferences than he does with his own employees.
Looks like we’re heading back to cross-selling for corporate profits, rather than focusing on what’s best for our clients. I have no doubt that it will be a high pressure environment. Wells Fargo goes overboard on everything (e.g. Diversity). Also, our FAs do not like having to refer their clients to the bank side, for multiple reasons. This could increase their exodus.
I read another headline from the The Business Journals, which I don’t have access to: “Wells Fargo CEO signals big changes ahead for mobile banking and credit cards.” I have not heard anything about this through corporation channels either.