Wells Fargo Advisors said Tuesday that Kent Christian is the new president of Wells Fargo Advisors Financial Network (FiNet), the firm’s independent channel. Christian replaces John Peluso, who was recently tapped to become president of First Clearing Correspondent Services, a non-bank affiliate of Wells Fargo (WFC).
“Kent brings to FiNet essential experience, an informed perspective and leadership skills that will help us to further strengthen our firm’s attractiveness to a growing number of entrepreneurial minded, independent advisors,” said Wells Fargo Advisors CEO and President Danny Ludeman in a press release.
“His appointment to lead our independent advisor business underscores the importance we place on serving the needs of independent business owners,” added Ludeman. “It also affirms our commitment to the multichannel model that provides choice and flexibility to advisors and clients.”
Christian (left) joined Wells Fargo Advisors in 2005 as president of the independent brokerage group, which includes FiNet. Most recently, he was president of Wells Fargo Advisors’ Financial Services Group.
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“This is an exciting time for Wells Fargo Advisors Financial Network, and I am excited to help lead a team of talented managers supporting strong independent business owners in their efforts to serve their clients,” Christian said in a statement. “In many ways, returning to the independent brokerage business is like a homecoming for me, and I look forward to leading this business at a time when its potential for growth has never been greater.”