# Wells Fargo Private Bank

Wells Fargo Private Bank is a Bank / Wealth / Trust based in San Francisco, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, CA, United States
- **Founded:** 1852
- **Assets under management:** Undisclosed
- **Website:** wellsfargo.com
- **LinkedIn:** linkedin.com/company/wells-fargo-private-bank
- **Wikidata:** Q108933753

## Regulatory record

- **Reports private funds:** No

## About

Wells Fargo Private Bank is a US-based family office offering financial and wealth management services to clients. It focuses on the private equity sector, particularly in the education industry.

## Sectors

- Private Credit
- Real Estate
- Hedge Funds
- Private Equity
- Secondaries & Special Situations

## People

- Charlie Scharf — Chief Executive Officer, Wells Fargo & Company
- Barry Sommers — CEO, Wealth & Investment Management

## Questions

### Who runs investment decisions at Wells Fargo Private Bank?

Investment decisions are driven by an internal asset allocation committee and a manager-selection team embedded within the Wealth & Investment Management division. The group does not operate with a single named CIO whose portfolio changes drive firm-wide positioning; instead, model portfolios are constructed centrally and tailored by private bankers and portfolio managers in regional offices. Wells Fargo Private Bank relies heavily on third-party managers for alternatives, with an internal gatekeeper team vetting external funds before they appear on the platform.

## Related profiles

- [Wells Fargo Investment Institute](https://altss.com/profile/wells-fargo-investment-institute-wfii)
- [Wells Trecaso Financial Group](https://altss.com/profile/wells-trecaso-financial-group)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/wells-fargo-private-bank

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology