Well Fargo
A. Brief abstract / overview of case study
Abstract
The purpose of this paper is to answer the following questions:
How should Wells Fargo Position it self for the future? Should it strengthen its retail presence, grow internationally, or move into the void created by the disappearance of investment banks? Develop Projected Financial Statements that fully assess and evaluate the impact of the proposed strategy. How are the acquisitions / growth financed? Will debt be increased further, or ownership of WFC stock be diluted to raise the capital needed? The author will attempt to answer these questions using chart sand graphs as illustrations and supporting evidence
Overview case
The paper submitted will contain a proposed plan of action using primarily data from Morning start oshowa proposed acquisition for Wells Fargo. This acquisition will greatly increase the Wealth, Brokerage, & Retirement segment of Wells Fargo that has been underutilized and overlooked. This proposal will “marry” the benefits of TDA meritrade with the Cross-selling strength of Wells Fargo. The primary purpose that TDA meritrade was selected was convenience. Although Charles Schwa band E *TRADE are competitors of TDA meritrade, but they were not selected for varying reasons. Charles Schwabhasa history of refusing overtures for take overs after his disappointing episode of being bought up by a large corporation many years ago. E*TRADE, whom some experts consider having a high erupt side than TDA meritrade, is not nearly as stable or financially sound. Given the current economic uncertainty and the authors’ penchant for avoiding risk, TDA meritrade is the best option available of the large independent retail brokerages. According to Zacks Equity Research, an interesting side note is “that Wells Capital Management, the wholly owned institutional asset management subsidiary of Wells Fargo Bank, N.A., and part of Wells Fargo’s Asset Management Group” (Zacks Equity Research, 2011) already owns
Abstract
The purpose of this paper is to answer the following questions:
How should Wells Fargo Position it self for the future? Should it strengthen its retail presence, grow internationally, or move into the void created by the disappearance of investment banks? Develop Projected Financial Statements that fully assess and evaluate the impact of the proposed strategy. How are the acquisitions / growth financed? Will debt be increased further, or ownership of WFC stock be diluted to raise the capital needed? The author will attempt to answer these questions using chart sand graphs as illustrations and supporting evidence
Overview case
The paper submitted will contain a proposed plan of action using primarily data from Morning start oshowa proposed acquisition for Wells Fargo. This acquisition will greatly increase the Wealth, Brokerage, & Retirement segment of Wells Fargo that has been underutilized and overlooked. This proposal will “marry” the benefits of TDA meritrade with the Cross-selling strength of Wells Fargo. The primary purpose that TDA meritrade was selected was convenience. Although Charles Schwa band E *TRADE are competitors of TDA meritrade, but they were not selected for varying reasons. Charles Schwabhasa history of refusing overtures for take overs after his disappointing episode of being bought up by a large corporation many years ago. E*TRADE, whom some experts consider having a high erupt side than TDA meritrade, is not nearly as stable or financially sound. Given the current economic uncertainty and the authors’ penchant for avoiding risk, TDA meritrade is the best option available of the large independent retail brokerages. According to Zacks Equity Research, an interesting side note is “that Wells Capital Management, the wholly owned institutional asset management subsidiary of Wells Fargo Bank, N.A., and part of Wells Fargo’s Asset Management Group” (Zacks Equity Research, 2011) already owns