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Tuesday, August 10, 1999 Wells Fargo Hires First Data Wells Fargo Private Client Services, a division of Wells Fargo Bank, has signed a contract with First Data Investor Services Group Inc., to provide full service wrap processing for the Portfolio Advisor mutual fund asset allocation program.
First Data will provide mutual fund clearing and call center support to the Wells Fargo Portfolio Advisor clients. Wells Fargo's Portfolio Advisor provides investors with specific asset allocation software and ongoing account management using a multi-fund family approach. Wells Fargo was previously offering these services in-house using First Data's software. First Data has the capabilities to offer the same services through the Internet but the company is not offering online services yet. Printed from: MFWire.com/story.asp?s=24522 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |