Does Wells Fargo have a brokerage division?

Its brokerage division, WellsTrade, is intended to serve Wells Fargo Bank customers who want the convenience of managing their investments at the same institution where they have checking accounts and mortgages.

Can I link a Wells Fargo account to wellstrade?

Nevertheless, it is possible to link a Wells Fargo checking or savings account to a WellsTrade account. Individual Retirement Accounts: Both personal and small business IRAs are available at WellsTrade. However, the broker-dealer charges $49.95 to close one, which is a major drawback.

Should I have an investing account with Wells Fargo?

It might be a good fit if you're a U.S. resident who already does business with Wells Fargo, whether that's through a bank account or mortgage. One advantage to having an investing account if you already have accounts with Wells Fargo is that it's simple to move money from one account to another.

How much does a Wells Fargo bank account cost?

A digitally-managed account is 0.35% per annum. Certain Wells Fargo Bank customers will qualify for a discount of 5 basis points. Surprisingly, there is no additional cost for phone calls with the company’s human investment advisors. Self-directed accounts have no management fees.