Wells Fargo Client Agreement

There are life planning tools on the Wells Fargo Advisors website that cover topics such as marriage, job change and divorce. The seniors` centre contains tips for planning for retirement and retirement. There are some accompanying educational content that are included with the precautionary tool, but there was no real depth. WellsTrade seems to be focusing on clients who rely on a consultant to help them ask their questions. WellsTrade is aimed at rare buy-and-hold investors who, in addition to equities, are not particularly interested in asset classes. WellsTrade clients can trade stocks, ETFs, investment funds, fixed-rate and one-time options. This is fine with you if you are a U.S. citizen with other financial relationships with parent bank Wells Fargo. One advantage for an investment account, if you are already doing business with Wells Fargo, is that it is extremely easy to move money from one account to another. WellsTrade customers can place, restrict or stop online orders. No conditional orders are available.

Market-on-open and Market-on-Close-Orders can only be placed on a live broker. WellsTrade portfolio analysis tools are surprisingly robust. Investors can see diagrams, wheels and charts that break down their portfolio assets by asset class. Performance reports are easily accessible and very detailed and can be adjusted to show a given period. The account`s landing page when login provides a view of the entire household that can be adjusted at will. The portfolio offer can also be adapted and you can set up to five different views. Additional details are provided when you perform a drilldown and can move on to each transaction level. The web platform is easy to navigate, but it is very slow. Most account functions, search tools and order records are available in two-tier menus. When you sign up, you can see on the first page an overview of all your brokerage accounts with balances and a graph with your investment allocation.

Adjustment is limited to creating groups of accounts and changing the data displayed in your portfolio offer. Our team of industry experts, led by Theresa W. Carey, conducted our evaluations and developed this best methodology for evaluating online investment platforms for users at all levels. Click here to read our full methodology. Investors can easily seize orders for stocks, one-leg options, ETFs and investment funds. WellsTrade does not offer types of conditional orders such as the single trigger another, but investors can use standard orders, market and stop orders. The order registration process is simple, but manual and could become very repetitive for active investors. Orders can be launched via Watchlists or Screener results. The WellsTrade platform is web-based and takes time to navigate from page to page, making the order entry process difficult. A nice note is that investors can make tax cancellation decisions by entering an order. If you have decided to open your account in a state where Wells Fargo does not have a physical banking site, your account will be opened as in California and will be subject to california account details.

A single application gives you access to all Wells Fargo accounts The deposit account agreement contains conditions applicable to all Wells Fargo customer deposit accounts.