Wells Fargo Tries To Hitch Its Wagon To 1 Percenters

Wells Fargo Tries To Hitch Its Wagon To 1 Percenters

If you happen to be one of the 10,000 households in the country with $50 million or more to play around with, Wells Fargo would like to talk to you. Well, not Wells Fargo per se, but its new brand, Abbot Downing. Named after a 19th century stagecoach builder, Abbot Downing is launching next year with a staff of 300 managing $27.5 billion of assets from customers. [More]