NOT FOR REPRINT
Wells Fargo Revises Rules on Internal FiNet Transfers
News June 16, 2025 at 05:34 PM
Share & Print
What You Need To Know
- Firms in the independent channel must hire one outside advisor who meets a revenue minimum for every internal transfer, says Terrana Group COO Samantha Sferas.
- Wells wants to retain advisors through FiNet without cannibalizing its traditional brokerage, according to Diamond Consultants CEO Louis Diamond.
- “We do not limit the volume or flow of channel transfers," FiNet President John Tyers says.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Immediate Answers to Critical Tax Questions At Your Fingertips
Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.
Get More InformationRecently Added Q&As
Recently Updated Q&As
What is the temporary “senior deduction” deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)?
Get Answer
Recently Updated Q&As
What is the CARES Act employee retention tax credit that was available during 2020 and 2021?
Get Answer
Recently Updated Q&As
Who must file a return?
Get Answer