Wells Fargo Advisors

Wells Fargo Advisors offers a Retirement Plan Consulting Program designed to assist employers and plan sponsors with managing their retirement plans, such as 401(k) plans. The firm provides both non-discretionary services, where financial professionals offer guidance and recommendations while the employer makes the final decisions, and discretionary services under federal retirement plan rules where Wells Fargo Advisors has the authority to select and replace plan investments without prior approval. Key services include helping prepare investment policy statements, conducting investment searches and recommendations, providing periodic performance reports, performing service provider searches, delivering plan benchmarking, offering employee education, and supporting plan fiduciary meetings. Wells Fargo Advisors operates as a trade name for Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network, which are affiliates of Wells Fargo & Company. The firm utilizes research and analysis from its affiliate, Wells Fargo Investment Institute, and maintains various business relationships and compensation structures that create incentives to recommend affiliated products and services.