3.0
Dec 30, 2009
Recommend
CEO approval
Business Outlook
Pros
WS (now Wells Fargo Advisors) is good in that it is too big to be small and not big enough to be a large tier one wirehouse firm.
Cons
The merger with AG Edwards was a big mistake regardless of managment admits it or not. A gigantic cutlural mismatch. For every job one person was doing at Wachovia, 2-3 people were doing it at AG Edwards. Also, no one knows ultimately what Wells Fargo is going to do with us. Three years from now, who knows!