John G. Peluso, Jr.
Head of First Clearing
John Peluso is the head of First Clearing. He is responsible for the strategic direction and management of First Clearing, including building key relationships with current and prospective broker-dealer, and Registered Investment Advisor (RIA) principals. He also is a member of the Wells Fargo Advisors Operating Committee.
John has worked in the financial services industry for over 30 years. Previously, he was the president of Wells Fargo Advisors Financial Network and was responsible for setting the strategic direction for the management, satisfaction, retention, and organic growth of the firm’s independent representative channel. John also served as a managing director in the Wells Fargo Advisors Private Client Group, where he led the business development efforts for retail brokerage recruiting and was the national director of Profit Formula. Prior to that, he held various positions within Wheat First Securities, a legacy firm to Wells Fargo Advisors.
John earned his bachelor’s degree in economics from the College of William & Mary and his MBA from Virginia Commonwealth University. He completed the Wachovia Executive Leadership Program at the Keenan-Flagler Business School of the University of North Carolina-Chapel Hill and is a graduate of the SIFMA Securities Industry Institute at The Wharton School of the University of Pennsylvania. He holds FINRA Series 7, 9/10, 24 and 65 securities registrations.
John served as a past chair of the SIFMA Independent Firms Committee, is a former board member of the Wealth Advisory Institute, and a former executive member of the Athletic Educational Foundation of the College of William & Mary. He has served on the St Louis Children’s Hospital Development Board and currently serves on the board of FOCUS St. Louis.
First Clearing is a trade name used by Wells Fargo Clearing Services, LLC. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Member SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.
This associate is a registered representative of Wells Fargo Clearing Services, LLC.