Description Join Wayne Badorf, Jon Lagerstedt, and other industry experts as they discuss topics that are essential to the success of a financial advisory practice. Wells Fargo Asset Management (WFAM) is a trade name used by the asset management businesses of Wells Fargo&Company.
NEW 12/14/18 Missing or No Downloaded Transactions from PNC Bank. Photo of Bank Accounts, Downloading, and Categorizing (Mac). Here's my Quicken complaint. Wells Fargo Login Problem In Web and Mobile Applications (Direct Connect). Photo of Errors and Troubleshooting (Quicken on the Web).
Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo&Company, provides investment advisory and administrative services for Wells Fargo Funds. Other affiliates of Wells Fargo&Company provide subadvisory and other services for the funds.
The funds are distributed by WELLS FARGO FUNDS DISTRIBUTOR, LLC, Member FINRA, an affiliate of Wells Fargo&Company. Neither Wells Fargo Funds Distributor nor Wells Fargo Funds Management holds fund shareholder accounts or assets.
This material is for general informational and educational purposes only and is NOT intended to provide investment advice or a recommendation of any kind—including a recommendation for any specific investment, strategy, or plan. ©2017 Wells Fargo Funds Management, LLC. All rights reserved. NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE ©2018. Wells Fargo Funds Management, LLC. Clean 411: Part 1: Understanding alternative risk premia A new label can shed light on an old idea, as is the case with alternative risk premia (ARP).
Multi asset class strategist Dr. Brian Jacobsen discusses how ARP may benefit your clients. A transcript is on our blog, AdvantageVoice®.
7/11/2018 Free 9 Clean Video 410: Expand, Adjust, Adapt—2018 Midyear Investment Insights Learn how Wells Fargo Asset Management is navigating the markets with highlights from their 2018 Midyear Investment Insights. Download the full report at wellsfargoassetmanagement.com. 6/20/2018 Free 10. Clean 402: Building blocks of a risk management program: Evaluation of goals A risk management program is a process that involves a feedback loop between you and your clients. Multi asset class strategist Dr Brian Jacobsen discusses the building blocks. Read the transcript on our blog, AdvantageVoice®.
1/24/2018 Free 18 Clean Video 401: Watch and wait: The advantage of patience and positioning Find out how different types of assets, combined in new ways, may address longevity risks more completely. Multi asset class strategist Dr Brian Jacobsen provides examples. Read the transcript on our blog, AdvantageVoice®. 1/10/2018 Free 19.
Clean 324: Encore presentation-Client meetings: Inspect what you expect Prepare, practice and execute successful client meetings. Wayne Badorf, CFP(R), CFS(R), and Jon Lagerstedt provide insight. 7/12/2017 Free 39 Clean Video 323: 2017 Midyear Investment Insights: Pivot toward emerging investment opportunities Learn why Wells Fargo Asset Management portfolio managers Lyle Fitterer, CFA, CPA, Managing Director, Head of Tax-Exempt Fixed Income; Ann Miletti, Managing Director and Senior Portfolio Manager, PMV Equity; and Tom Ognar, CFA, Managing Director and Senior Portfolio Manager, Heritage Growth Equity, might pivot toward emerging investment opportunities and where they’re looking now. Capital Market Strategists Jim Kochan and John Manley, CFA provide key takeaways for investors. 6/28/2017 Free 40 Clean Video 322: 2017 Midyear Investment Insights: Revise the way you look at risk Learn from three Wells Fargo Asset Management portfolio managers, Tom Price, CFA, and Head of U.S. Short-Term High Yield, U.S.
High Yield Fixed Income; Janet Rilling, CFA, CPA, Team Leader and Senior Portfolio Manager, Customized Fixed Income; and Bryant VanCronkhite, CFA, CPA, Managing Director and Senior Portfolio Manager, Special Global Equity, reasons you might consider revising the way you look at risk and how that factors into potential opportunity. Capital Market Strategists Jim Kochan and John Manley, CFA provide key takeaways for investors. 6/21/2017 Free 41. Clean 248: Helping clients in their 50s and 60s address the realities of retirement Asset allocation and delegation of investment responsibilities are top of mind for clients in their 50s, 60s, and beyond. Free 63 Clean Video Outlook 2017: Capitalizing on change—Part 3: Expect bond market volatility John Manley, Jim Kochan, and Dr. Brian Jacobsen discuss central-bank policy and its effect on the markets.
Free 64 Clean Video Outlook 2017: Capitalizing on change—Part 2: Focus on U.S. Earnings According to John Manley, Jim Kochan, and Dr. Brian Jacobsen, earnings growth could provide opportunities, but watch valuations.
So on Saturday, I was checking out some new investing apps for my iPad, when I started using Wikinvest – a cool little app that lets you track your portfolio. Well, I input my information for my Wells Fargo PMA Account, and I got a warning that Wells Fargo may charge a fee for this. Very odd, so I ignored it. I figured that since I had been updating my Wells Fargo accounts with Quicken for ages, this didn’t apply. Furthermore, my PMA Package gets me all sorts of freebies, so I didn’t really pay attention.
Well, apparently I was wrong to disregard the message. About 20 minutes later, I received an automated email from Wells Fargo saying I was enrolled in Quicken or Quickbooks Direct Connect, and that fees apply. Great another Wells Fargo Fee Fees for Enrolling in Quicken or Quickbooks Direct Connect Wells Fargo is now charging their users to access their online information from other programs and apps. Basically, if you don’t use Wells Fargo’s system, you have to pay. I went to this link to check out the details:.
And guess what, Wells Fargo now charges $3 per month if you want to access your online balances and transactions through Quicken. And that is just the personal level with no online bill pay. If you want online bill pay, the fee goes up to $9.95 per month.
Heaven forbid you have a business – you start at $9.95 per month for Quicken, and jump to $14.95 per month for Quickbooks. How To Avoid This Fee! The worst part about this is that the only way to get out of this fee/service is to call a representative or go to your branch. I decided to call, and it took exactly 10 minutes to get a hold of someone.
After that, they gave me a case number to reference in case I do get billed – since that apparently does happen as well. I asked the representative when this started, and he said pretty recently, but it wasn’t announced to much. I told him I’ve used Quicken for a long time, and never been charged, and he told me the following information about their services: Direct Connect – Fee Based, so if you see this option, avoid it Express Web Connect – Free Service, still gets you your balances and transactions The bottom line is Wells Fargo is still out to gouge their customers, just like they tried to gouge me when. May this be a warning to everyone who is considering using Wells Fargo!
Update – Bye Bye Wells Fargo At the end of the day, working with Wells Fargo was just too difficult. They had some nice features on their accounts, but they nickel and dime you for everything else. As of today, I’ve moved all of my checking and savings accounts to.
USAA is great because they offer free checking (legit – nothing required), and free checks. They offer ATM rebates if you have to get cash out, and a great online banking interface. If you’re looking for a change, consider going to.
Oh, and all of my accounts connect with Quicken just fine! As for my brokerage accounts, I use for trading and investing. I love them, and they also have no problem connecting to Quicken! What are your thoughts on this new fee from Wells Fargo? 39 Shares Filed Under: Tagged With:, Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities. Comment Policy: We invite readers to respond with questions or comments.
Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company.
It is not anyone's responsibility to ensure all posts and/or questions are answered. About Robert Farrington.
Robert Farrington is America's Millennial Money Expert, and the founder of, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him One of his favorite tools is, which enables him to manage his finances in just 15-minutes each month. Best of all - it's free! He is also diversifying his investment portfolio by adding a little bit of real estate.
But not rental homes, because he doesn't want a second job, it's diversified small investments in a mix of properties through. Worth a look if you're looking for a low dollar way to invest in real estate. My wife had a checking account with them until this morning when that $3 fee appeared. I called them an challenged them because the fee is for “Quicken” users. Well I don’t use Quicken so the fee should not apply or the wording should be changed to say any direct connect software downloads. They actually removed the charge, but the damage is done. A $3 fee to pull your transactions into your personal finance software.
Wells Fargo is horrible. I won’t even use their ATMs and my bank reimburses me for fees I’m charge by other banks ATMS. There are many banks/credit unions out there that do not charge a fee to access your online banking information.
Wells Fargo is not the type of bank I would choose. I don’t have a fix for the connectivity issue between WF and Quicken, but I was persistent in trying to get this resolved. After several years and numerous calls to WF, I learned that if you became a WF checking customer as a result of the merger between Wachovia and WF, you are entitled to free Direct Connect service. I finally talked to a WF rep who assigned me a case number. She got all of my Direct Connect fees waived and placed me on the free Direct Connect list with WF.
For you folks who weren’t Wachovia customers, the rep told me that Quicken has a team working with WF and they hope to have the Express Web Connect issue solved by sometime this summer, so hang in there. Just found this article when searching to find out why U.S.
Bank was suddenly charging this “Quicken Quickbooks Access Fee $3.95”. Talked to them on the phone and it turns out they’ve been charging this same fee for the past 2 years but calling it “U.S. Bank Online Monthly Service Fee $3.95.” They only changed the name this month. They confirmed what you said in the article, that I can switch from using “Direct Connect” to using “Express Web Connect” and call them to ask for the fee to be turned off. Good to know.
We were in the process of moving our checking and savings accounts and CD from Bank of America to Wells Fargo. I’ve been using Quicken Bill Pay for years, no fees. Imagine my surprise when Quicken warned me that WF charges a fee! I checked it out, and it’s outrageous!
I spoke with the branch manager, who says he can’t wave fees. So, we’re staying with BofA.
And the WF manager sure knows why (his ears are still ringing). WF claims they’ve changed since the last scandal? Don’t you believe it!
I only wish we could easily take our portfolio from them, but we really like our broker. While I’m not defending Wells Fargo, because to be honest, I absolutely despise them as well, the reality is -QUICKEN- (the company) CHARGES the banks a fee per user for the privilege of Direct Connect.
Most commercial banks are now passing that fee on to the consumer. It’s technically a set amount per user regardless of accounts. However, I have no idea if opening a new account makes one subject to the fee (I got grandfathered in from Wachovia). The fact that Quicken charges the financial institutions for that privilege of Direct Connect is what makes many financial institutions (primarily credit unions) not offer Direct Connect at all.