Yakub Mathew Joins Wells Fargo Advisors

Rhea-AI Summary

Wells Fargo Advisors has expanded its New York Madison Avenue branch by welcoming Yakub Mathew as Managing Director – Investments. Mathew brings over 34 years of wealth management expertise and aims to enhance services for Ultra High Net Worth clients, specifically targeting the South-Asian market. Prior to joining Wells Fargo, Mathew held key positions at Citi Private Bank and HSBC. As of March 31, 2022, Wells Fargo Advisors manages $1.88 trillion in client assets, serving a vast clientele across the U.S.

Positive

• Addition of Yakub Mathew enhances leadership and expertise in the New York branch.
• Focus on Ultra High Net Worth clients may drive growth in the South-Asian market segment.
• Wells Fargo Advisors manages $1.88 trillion in client assets, indicating strong market presence.

Negative

• None.

NEW YORK, July 26, 2022 /PRNewswire/ -- Wells Fargo Advisors today announced an expansion in the New York Madison Avenue branch with the addition of Yakub Mathew.  Mathew will serve as Managing Director – Investments for the New York City office, which now includes 34 financial advisors in the New York City Area. Mathew has more than 34 years of wealth management experience and will focus on building and managing the investment business, strengthening client relationships and growing services for Ultra High Net Worth clients, focusing on the South-Asian market segment.

Prior to joining Wells Fargo Advisors, he served as a Managing Director and Global India Head, USA at Citi Private Bank for 12 years. Mathew also served as National Head of South Asian Banking at HSBC for 8 years.

Yakub graduated from St. Stephens College, Delhi, India with a B.A. (Honors) Degree in Economics and a Masters in Economics. He also holds an MBA from the Asian Institute of Management, Manila.

Wells Fargo Advisors' Madison Avenue office is located at 535 Madison Avenue.

About Wells Fargo Advisors

With $1.88 trillion in client assets as of March 31, 2022, Wells Fargo Advisors provides advice and guidance to help clients maximize all aspects of their financial lives. Our vast network of financial advisors, one of the nation's largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is a part of Wells Fargo Wealth & Investment Management (WIM), a division within Wells Fargo & Company and one of the largest wealth managers in the U.S. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. All data includes Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, as of March 31, 2022. www.wellsfargoadvisors.com

Investment and Insurance Products are:

• Not Insured by the FDIC or Any Federal Government Agency
• Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate
• Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is the leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells

Fargo ranked No. 37 on Fortune's 2021 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com | Twitter: @WellsFargo

Investment products and services are offered through Wells Fargo Advisors, a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company.

Wells Fargo Advisors associates referenced, when registered, are registered with Wells Fargo Clearing Services, LLC.

©2022 Wells Fargo Clearing Services, LLC. All rights reserved.                                                  CAR- 0722-02474

Contact Information

Caryl Ann Caristo
Wells Fargo Advisors
caryl.caristo@wellsfargoadvisors.com 

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SOURCE Wells Fargo Advisors

FAQ

What is the significance of Yakub Mathew joining Wells Fargo Advisors?

Yakub Mathew's addition as Managing Director – Investments is expected to enhance services for Ultra High Net Worth clients, particularly in the South-Asian market.

What are the assets managed by Wells Fargo Advisors as of March 31, 2022?

Wells Fargo Advisors manages approximately $1.88 trillion in client assets.

Where is the Madison Avenue branch of Wells Fargo Advisors located?

The Madison Avenue office of Wells Fargo Advisors is located at 535 Madison Avenue, New York.

What experience does Yakub Mathew bring to Wells Fargo Advisors?

Yakub Mathew has over 34 years of wealth management experience, including roles at Citi Private Bank and HSBC.

How many financial advisors are in the New York City office of Wells Fargo Advisors?

The New York City branch now includes 34 financial advisors.