Wells Fargo Integrates Alternative Investments into Unified Managed Accounts

Wells Fargo's Wealth & Investment Management division has expanded its Personalized Unified Managed Account program to include alternative investments, marking a significant step in institutional adoption. The collaboration with InvestCloud positions Wells Fargo as one of the first major wirehouses to offer this capability at scale.

The MOVE responds to growing client demand for diversified asset allocation strategies. By consolidating traditional and alternative investments in a single account, the platform simplifies portfolio management for both advisors and high-net-worth individuals.

"This innovation reflects our commitment to delivering scalable, technology-driven solutions," said Greg Maddox, WIM Investment Solutions executive. InvestCloud CEO Jeff Yabuki added: "Our partnership leverages cutting-edge technology to create exceptional wealth management experiences."