Close Close

Industry Spotlight > Women in Wealth

MBL Closes Deal For Wachovia Unit

Your article was successfully shared with the contacts you provided.

MBL Advisors Holdings L..L.C. announced it has acquired Wachau Insurance Advisors Inc. from Wachovia/Wells Fargo Bank.

Wachovia Bank, Charlotte, N.C. acquired Wachau, formerly known as Barry, Evans, Josephs and Snipes, Inc., in 1999. Wachau provides wealth transfer plans for ultra-high-net-worth individuals as well as corporate and executive benefit plans.

Wachovia itself was acquired by Wells Fargo & Company, San Francisco, in January.