Based in St. Louis, Missouri, Wachovia Securities was the name of Wachovia's retail brokerage and institutional capital markets and investment banking subsidiaries. Founded in 1879 as Leopold Cahn & Co., Wachovia Securities grew through mergers with and acquisitions of multiple companies. In May 2007, Wachovia Securities announced the purchase of St. Louis, Missouri based A. G. Edwards. Following the acquisition, and as of October 1, 2007, the Wachovia Securities became the second largest brokerage firm in the United States with $1.17 trillion retail client assets under management. Following Wachovia's merger with Wells Fargo and Company on December 31, 2008, the retail brokerage became Wells Fargo Advisors on May 1, 2009 and the institutional capital markets and investment banking group became Wells Fargo Securities on July 6, 2009.FINRA Arbitration Lawyer for Wachovia Securities Investors Nationwide
Wachovia Securities has been the subject of numerous past regulatory events and arbitration proceedings. Some of these past regulatory events and arbitration proceedings included claims involving fraud, misrepresentation, negligence, breach of fiduciary duty, omissions, unsuitable investments, churning, mismanagement of accounts, and failure to supervise. The Financial Industry Regulatory Authority (FINRA) oversees broker-dealer and stockbroker practices and enforces its rules to protect investors and uphold industry standards. FINRA also provides potential investors with useful research tools on its website. Investors considering opening an account at Wachovia Securities should perform their own due diligence by reviewing the broker-dealer's regulatory history and stockbroker's history of conduct. To begin investigating Wachovia Securities and/or its registered representatives, please visit BrokerCheck.Schedule Your Free Initial Consultation with an Aggressive Attorney with Experience in FINRA Arbitrations and Wachovia Securities
For dedicated representation by a law firm with substantial experience in all aspects of securities, and commodities and investment disputes, contact the Law Offices of Robert Wayne Pearce, P.A., located in Boca Raton, Florida. For over 35 years, Attorney Pearce has tried, arbitrated, and mediated hundreds of disputes involving complex securities, commodities and investment law issues. The lawyers at our law firm are devoted to representing investors throughout the United States and international community! We have information about arbitrations and disciplinary actions against Wachovia Securities and/or stockbrokers employed at the firm on our blog. You can always call 800-732-2889 or email Mr. Pearce at email@example.com for answers to any of your questions about your Wachovia Securities investment losses and/or any related matter.