Wells Fargo Advisors, the brokerage unit of Wells Fargo & Company (NYSE: WFC), has named Jim Hays as its new president.
Hays, based in St. Louis, assumes leadership of Wells Fargo Advisors, which has $1.7 trillion in client assets and provides investment advice to clients through 13,800 financial advisors and referrals from 5,390 licensed bankers.
Hays has been with Wells Fargo for 14 years and most recently was head of the newly formed private wealth financial advisors group, a team of advisors in Wealth hubs who partner and collaborate on behalf of primarily high-net-worth clients. Previously, he led both the private client group and wealth brokerage services. Hays holds a bachelor’s degree in finance from the University of Virginia.
“Jim is a strong leader with deep experience in numerous brokerage channels. He has long modeled collaborative approaches across Wells Fargo to serve complex client needs in the best way,” said Jonathan Weiss, head of wealth and investment management.
In addition to Hays, Wells Fargo named David Kowach as head of community banking, Andy Rowe as an enterprise customer excellence executive, and Elli Dai as small business and personal lending group executive.
Wells Fargo is a financial services company with $1.9 trillion in assets.