Company Overview Of Wells Fargo

BACKGROUND:

The name Wells Fargo is forever linked with the image of a six-horse stagecoach thundering across the American West, loaded with gold. The full history, over more than 160 years, is rich in detail with great events in America’s history. From the Gold Rush to the early 20th Century, through prosperity, depression and war, Wells Fargo earned a reputation of trust due to its attention and loyalty to customers.Wells Fargo delivered business by the fastest means possible whether it was by stagecoach, steamship, railroad, pony rides or telegraph. In 1858, Wells Fargo helped start the Overland Mail Company — the famed “Butterfield Line” — to meet the demand for speedy communications across the west. In 1861, Wells Fargo also took over

Stagecoaches bearing the name Wells, Fargo & Co. rolled over 3,000 miles of territory, from California to Nebraska, and from Colorado into the mining regions of Montana and Idaho.In the 1990s Wells Fargo returned to its historic territory throughout the Western, Midwestern, and Eastern states.

Today in the 21st Century, with extensive and diversified financial services, the Wells Fargo name once again extends “Ocean-to-Ocean,” “Over-the-Seas,” and, of course, online.

HIERARCHY CEO ( Timothy J. Sloan ) - Sloan was elected chief executive officer of Wells Fargo & Company.Prior to that, he served as Wells Fargo’s chief financial officer, responsible for financial management functions including controllers, financial reporting, and management.

CFO ( John R. Shrewsberry ) - Senior Executive Vice President John Shrewsberry is the chief financial officer responsible for Wells Fargo’s financial management functions including accounting and control, financial planning and analysis and line of business finance functions.

CRO ( Michael J. Loughlin )- Mike assumed his role as chief risk officer in 2008. Previously, he was responsible for credit approval, policy, and reporting for Wholesale

One of the top products that Wells Fargo supply is IRA’s. You can probably make an IRA contribution, even if you participate in a qualified employer-sponsored retirement plan (QRP).

The Roth IRA is an attractive retirement account if you meet the income thresholds.

You may benefit from the tax-deferred growth potential of a Traditional IRA as long as you have earned income and are under the age of 70 1/2.

Another product that tends to reach the people is “ insurance “ . Insurances such as Life Insurance, Disability Insurance, and Long-Term Care Insurance . Life insurance helps preserve the income your family depends on. If you died prematurely, your family may not be able to sustain their lifestyle without your income.

Disability Insurance is An illness or disability might cut short your career and derail your assets and your