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July 25, 2019 at 04:42 PM
Wells Fargo has hired Julia Wellborn as head of Private Wealth Management, a division of its Wealth & Investment Management unit. In this new role, the former Comerica executive will lead the Private Bank and Abbot Downing, which have $254 billion of client assets and deposits.
Wellborn, who has more than 25 years of experience in financial services, most recently served as head of wealth management at Comerica Bank, which she joined in 2009. Earlier, she was president of the North Texas Region for Wells Fargo predecessor bank Wachovia Corp.
“The Private Bank and Abbot Downing are strategically important to WIM and offer tremendous opportunity for long-term growth as we continue to draw on the many strengths and deep client base of Wells Fargo,” according to Jonathan Weiss, head of WIM. “Bringing these teams under Julia’s leadership will allow them to collaborate more closely and result in the best service and offerings for our clients.”
