Wells Fargo Advisors Head Ludeman To Retire

Danny Ludeman, the head of Wells Fargo & Co (NYSE:WFC) Advisors, is going to retire from his position effective January 1, according to  a release from the company. Ludeman will be replaced a the head of the brokerage firm by Mary Mack, who currently serves as the head of the Wells Fargo Advisors Financial Services Group.

“Under Danny’s leadership, we have created a premier brokerage and advisory firm whose success is based on offering clients advice and planning through multiple channels – in brokerage offices, retail bank stores, or online,” said David M. Carroll,...