Wells Fargo & Co's
Wells Fargo Advisors, comprising the combination of A.G Edwards, Wachovia Securities and Wells Fargo, will recruit more than 1,000 brokers this year and train another 400 people switching from other professions, a spokeswoman said.
The St Louis-based unit last year recruited a record 1,300 brokers and added 400 trainees, continuing five years of growth in its advisory force.
Wells Fargo does business through a traditional retail brokerage, bank branch-based brokers and Wells Fargo Advisors Financial Network, which supports independent financial advisers.
In all, Wells Fargo ended last year with 14,961 advisers, just shy of Bank of America's
(Reporting by Joseph A. Giannone, editing by Dave Zimmerman)