Top 113 Reviews From Legit Wells Fargo Advisors Buyers (2024)

About Wells Fargo Advisors

This profile has not been claimed by the company. See reviews below to learn more or submit your own review.

Wells Fargo Advisors is a financial advising company that offers services for guided portfolio management, self-management and robo-advising. The company is not a fiduciary and requires annual fees and transaction fees, but it doesn’t charge trading fees for stocks or ETFs. Wells Fargo Advisors has locations in all but thirteen states.

On This Page

[Hide][Show]

Pros & Cons

Pros

  • Multiple investment services
  • Free consultation
  • Accounts on mobile

Cons

  • Not FDIC-insured
  • No locations in some states

Featured Reviews

Verified

David

Camp Hill, PA

Jared… exhibited several outstanding qualities, while administering my mother’s finances since January 2018. As a Financial Representative / Advisor; Mr. ** is knowledgeable, atte...

Read full review

Verified

mike

Golden, CO

We've been clients for well over a decade. Our long-time advisor passed away. He had taken considerable effort to be sure he transferred his clients to the 'right' person. After o...

Read full review

Wells Fargo Advisors FAQ

Is Wells Fargo Advisors a fiduciary?

Wells Fargo Advisors is not a fiduciary. Wells Fargo Bank does offer some fiduciary services, but Wells Fargo Advisors is a separate, non-bank affiliate. This means advisors aren’t beholden to fiduciary rules.

Where is Wells Fargo located?

Wells Fargo has a corporate headquarters in San Francisco, California. You can connect with Wells Fargo advisors at office locations and over the phone. There are currently no Wells Fargo locations in:

  • Hawaii
  • Indiana
  • Kentucky
  • Louisiana
  • Maine
  • Massachusetts
  • Michigan
  • Missouri
  • New Hampshire
  • Ohio
  • Oklahoma
  • Vermont
  • West Virginia
How does Wells Fargo Advisors get paid?

Wells Fargo Advisors get paid fees and commissions from the products it sells. When you choose a financial advisor, the two of you establish your fee structure for your desired services.

Is Wells Fargo Advisors the same as Wells Fargo Bank?

Wells Fargo Advisors is not the same as Wells Fargo Bank. It’s a separate affiliate, and it’s a non-bank entity.

Is Wells Fargo Advisors FDIC-insured?

Wells Fargo Advisors is not FDIC-insured or insured by any other federal government agency.

Wells Fargo Advisors Reviews

Write a review

ConsumerAffairs has collected 113 reviews and 504 ratings.

A link has directed you to this review. Its location on this page may change next time you visit.

How do I know I can trust these reviews about Wells Fargo Advisors?

  • 4,414,993 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

Page 1 Reviews 0 - 10

KathleenShort Hills, NJ

Staff

Reviewed April 2, 2024

Horrible. I am embarrassed to say that I actually believed and agreed to my advisor’s investment strategies. He was smooth at talking and filled his own pockets by selling off my investments. He cost me thousands in capital gains. No one to blame but myself but stay clear of Wells Fargo.

Thanks for your vote! Report

Top 113 Reviews From Legit Wells Fargo Advisors Buyers (1)

GaryEllensburg, WA

Reviewed March 1, 2024

These guys talk a good game. I was invested for 5 years and two different advisors, the last one was supposed to be their best. My initial investment went down around 20% but the market was up??? We are talking significant $$$$ close to 1 mil. I have been with a different advisor company for the last 5 months or so and have been up like the market over 10%. I’m not sure what Well’s strategy is but they are not a fiduciary and they work for them not you. I cannot recommend them. Gary

Thanks for your vote! Report

Thanks for subscribing.

You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

ElaheLos Angeles, CA

Reviewed Jan. 22, 2024

I had a very bad experience with Wells Fargo Advisors, Please dont put your money in there, It's been more than 3 months that I'm trying to transfer my OWN money from an IRA account in Wells Fargo Advisors and every single time they say something different, very frustrating.. I filled out again the IRA distribution form for the fourth time and we'll see.. but there got to be better financial institutions than this SCAM.

Thanks for your vote! Report

Top 113 Reviews From Legit Wells Fargo Advisors Buyers (2)

LorenzoYonkers, NY

Punctuality & SpeedStaff

Reviewed Dec. 14, 2023

Online codes often do not work. Difficult to reach a representative. No contact sources available. This is the world of robots rather than human beings to talk to. The way of moneygrabbers. Most awful bank I've dealt with. Wastes most of my time.

Thanks for your vote! Report

RIAZWinchester, MA

Staff

Reviewed Sept. 18, 2023

I am holding a intuitive investor account from the past 2 and half years with Wells Fargo Advisors and not one day my investment was in gains. I am trying to pull out my money without any loss, but it seems impossible every day. Do not put your hard earned money in these people's hands, they are just incompetent.

Thanks for your vote! Report

SherrieNashua, NH

Customer ServiceStaff

Reviewed May 15, 2023

Wells Fargo Advisors (as well as WF Bank) are great at taking your money with a smile and a kind word. But just try to get the money back out when someone dies. My father in law passed away with a revocable trust account. My husband is both the trustee of the account and the Executor of the estate. We have attempted for 5 months now to get the money out of the account. Gotten an EIN for the now Irrevocable trust account, set up a new account with that EIN and have been trying to get the money transferred from the deceased's account.

We have filled out every form (multiple times) - they just keep sending the form again (with a different reference number every time), however they won't ever tell you what they are looking for if something is incorrect. You can call them, but the Estate Department will not answer the phone - 3 1/2 hours sitting on hold waiting for a live person - nope, never got one. If you call the sales department (new accounts) they will answer the phone right away and are happy to set up an account with you over the phone. My husband went live and in person the the WFA office in our state of NH - he said because my FIL had moved to FL the account had gone to "National" and he couldn't help. When we were dealing with the bank - they said we would have to go to a WF bank branch, but there isn't one within 160 miles of us - so sorry, don't care was basically the response. DO NOT DO BUSINESS WITH WELLS FARGO.

Thanks for your vote! Report

StevenPueblo, CO

Customer Service

Reviewed April 18, 2023

They closed my checking account for suspicious activity and I had a balance of over 500.00 dollars and said they would send that in a couple weeks so I called and said they sent the direct deposit back to my employer but they haven’t said anything. They are a bad banking company and I will never do business with them again.

Thanks for your vote! Report

Top 113 Reviews From Legit Wells Fargo Advisors Buyers (3)

ClaraAubrey, TX

Customer ServiceSales & Marketing

Reviewed April 10, 2023

Wells Fargo sent a mail promotion for having a new checking account, which will receive a bonus of $325. The only requirements are: 1000 deposit within a 90 day period. 3 month past, the $325 bonus did not come in, while I satisfied the $1000 deposit in 30 days. I called customer service and initiate a ticket to investigate when the $325 will come in. No response for 3 weeks, then a letter came and said we did not qualify.

Call made on 4/10/23, and 2 people could not answer and argue that my company monthly deposit to my checking account is not considered deposit. This is absolutely ridiculous.. that is the only way my company is paying me is through ACH deposit to my checking account. This is purely a scam that the Wells Fargo bank is running. I recommend not ever getting involved with Wells Fargo bank. I have since then close all relationships, both checking account and credit card with this unethical bank.

Thanks for your vote! Report

charlesSellersville, PA

Customer ServiceStaff

Reviewed March 31, 2023

Wells Fargo Bank in Quakertown, Pa. 18951. The worse bank I ever dealt with. It is a small incompetent bank that Wells Fargo should replace the entire staff. I have had so many issues with this bank I just closed my account and went elsewhere. They have ridiculous fees. Every time I go into this bank I hear "you can't" or "we can't" or "I don't know". No one in this bank knows what they are doing-you ask for a bank manager their only answer is go online and schedule a appointment to see one. My last visit I received a check, went to this incompetent bank to cash it and the teller tells me, "We can't cash that check." I go to the next Wells Fargo 3 miles down the road they cash it with zero issues. Avoid this bank. You won't get anywhere.

Thanks for your vote! Report

Top 113 Reviews From Legit Wells Fargo Advisors Buyers (4)

DaleSan Jose, CA

Reviewed March 14, 2023

Seven years ago, our then advisor Brian ** got us into an investment that was promised to be 5 years, we drilled the point and we’re assured 5 years, THEY LIE, BRIAN ** IS A LIAR. The investment was a total loser like many of the investments we were led into from our supposed knowledgeable advisor. We’ve since pulled almost the entire account and put into Edward Jones.

Thanks for your vote! Report

Loading more reviews...

Top 113 Reviews From Legit Wells Fargo Advisors Buyers (2024)
Top Articles
Latest Posts
Article information

Author: Arline Emard IV

Last Updated:

Views: 6465

Rating: 4.1 / 5 (52 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Arline Emard IV

Birthday: 1996-07-10

Address: 8912 Hintz Shore, West Louie, AZ 69363-0747

Phone: +13454700762376

Job: Administration Technician

Hobby: Paintball, Horseback riding, Cycling, Running, Macrame, Playing musical instruments, Soapmaking

Introduction: My name is Arline Emard IV, I am a cheerful, gorgeous, colorful, joyous, excited, super, inquisitive person who loves writing and wants to share my knowledge and understanding with you.