Wells Fargo & Co. has received regulatory approval to add backend loads' to several of its Stagecoach mutual funds, becoming the latest in a string of banks to offer the deferred-payment option.

The arrangement allows customers to put off payment of sales commissions, and perhaps sidestep them altogether, depending on how long they hold the investments.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.