In Brief: Wells Upgrades Brokerage Account

June 12, 2001, 1:00 a.m. EDT 1 Min Read

SAN FRANCISCO Wells Fargo & Co. has introduced an upgraded version of its WellsChoice brokerage account that offers advice from a financial consultant. The WellsChoice account was introduced in 1998. The new version, which was rolled out Wednesday, adds the ability to trade and invest online.

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The account requires a minimum investment of $50,000 and charges a single fee, based on the value of securities in the Wells asset management or retirement account. There are no transaction fees.

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