Advisory Services

  • Because there’s so much riding on your investments, it makes sense to have them receive the care they deserve.
  • To have your investments professionally managed or to get help managing them yourself, consider an advisory program.
  • Wells Fargo Advisors offers a broad range of advisory programs to choose from to help you reach your goals.

Managing your investments

Infographic - Save time managing investments

There’s probably a lot riding on your investments. Your retirement. Your children’s or grandchildren’s education. The financial legacy you leave to your heirs or favorite charities.

Because so much depends on them, it makes sense to have your investments get the attention they deserve.

Many investors enjoy and are confident in their know-how to do research, monitor their investments’ performance, and stay on top of the markets. They also have time for all of it.

If you’re not one of those people, you’re not alone. Like many others, you may lack the resources, confidence, or time to manage your investments. You may want to seek the opportunity to work with a professional by taking advantage of an advisory program.

What is an advisory program?

With an advisory account, you can save time and have the comfort of knowing a professional is managing your investments.

There are essentially two types of advisory programs. The first lets you give another party discretion over your account’s day-to-day management. In other words, you can allow a portfolio manager — possibly your Financial Advisor — to make decisions regarding buying, selling, and holding investments without consulting you.

How your portfolio manager handles your investments will depend on a variety of factors, in particular:

  • What your long-term objectives are
  • How much time you have to reach your objectives
  • The amount of risk you’re comfortable with

The second program type lets you collaborate with your Financial Advisor. He or she will provide information, including objective advice and guidance based on your needs, goals, and today’s investment environment, to help you make your own buy, sell, and hold decisions.

A fee instead of commissions

You can allow your portfolio manager to make decisions regarding buying, selling, and holding investments without consulting you.

A key difference between an advisory account and a traditional brokerage account is how you pay for the services you receive. Rather than paying a commission for each transaction, as you would otherwise, with an advisory account you pay a fee, usually charged on a quarterly basis based on a percentage of your account’s value.

Wells Fargo Advisors offers a broad range of alternatives

One of the most important decisions you’ll make is which advisory services program you want to use. Wells Fargo Advisors offers a variety for you to choose from. Some invest in mutual funds while others employ exchange-traded products (ETPs) or individual investments, such as stocks, bonds, and commodities-based investments.

Based on your particular situation, one of our Financial Advisors can work with you to determine which program should best help you work toward your goals.

Next steps

  • Contact a Financial Advisor for more information about advisory accounts.
  • Although advisory services are available to many investors, keep in mind there are account minimums to satisfy.
  • Get help from a Financial Advisor to determine which advisory program, or programs, suits your situation.

The fees for advisory programs are asset-based and assessed quarterly in advance. There may be a minimum fee to maintain this type of account. Fees include advisory services, performance measurement, transaction costs, custody services, and trading. These fees do not cover the fees and expenses of any underlying exchange traded fund (ETF), closed-end funds, or mutual funds in the portfolio. Advisory accounts are not designed for excessively traded or inactive accounts and may not be suitable for all investors. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services, including fees and expenses. The minimum account size for these programs is between $10,000 and $200,000.