Wells Fargo Advisors President Mary Mack has named her top two deputies.
Bob Vorlop is head of products and advice, while Joe Nadreau will lead the group’s innovation and business strategy. WFA created the two new roles “to streamline tools and strengthen opportunities for financial advisors to help their clients succeed financially,” the company says.
“Bob Vorlop and Joe Nadreau are two leaders who bring tremendous industry experience and seasoned viewpoints to the leadership groups that play central roles in helping our financial advisors provide the advice and financial solutions our clients need,” Mack said in a press release. “I look forward to having the benefit of their knowledge and perspectives as members of our Executive Committee.”
WFA has about 15,280 financial advisors and 3,328 licensed bankers with some $1.4 trillion in client assets.
A 30-year Wells Fargo veteran, Vorlop will be in charge of the strategic direction and management of WFA’s lending and banking services, investments and advisory products, advice, recruiting, and advisor and branch manager development and retention. Earlier, he was head of investment and advisory products.