The bank said the RIA initiative will take the form of a new team of regional consultants, programs focused on practice management and asset management, and a dedicated web resource, RIA Advantage.
According to the Wells Fargo, it offers RIAs a range of practice management and asset management tools designed to help them strengthen their business. The practice management solutions help advisors build efficiency into their practices, develop their brand, manage for scale, and find niche opportunities.
In terms of asset management resources, the initiative offers market and economic research, analytical papers, an ongoing series of timely ‘Investment Perspectives’ pieces, and detailed quarterly fund commentaries.
Wells Fargo said many of these resources will be made available to RIAs through its team of regional consultants, in-house professionals, and outside experts.
RIAs will be also able to access Wells Fargo’s expertise through a new web portal, RIA Advantage, which will include a full suite of programs, investment resources, and an ongoing business-building video series.
