Expands partnership with Broadridge to support administration of its new, proprietary voting service
SAN FRANCISCO — Wells Fargo Wealth & Investment Management (WIM) today announced the launch of its proprietary proxy voting service for client assets where it has both investment discretion and proxy voting authority. With the new approach, WIM will direct proxy voting for impacted assets based on its own custom policy and voting instructions focused on clients’ long‑term economic interests, bringing increased independence to this important investment service.
“We recognize the vital role our clients play in the companies they invest in,” said Darrell Cronk, chief investment officer of WIM. “Offering an in-house proxy voting service allows us to take more direct responsibility for our proxy voting approach and underscores our dedication to delivering the most innovative and effective solutions for our clients.”
The new in‑house approach, which is live with the current proxy season, streamlines the proxy voting process, reduces reliance on third parties, and further adds to WIM’s best‑in‑class investment services.
In support of this new service, WIM has expanded its relationship with global technology leader Broadridge Financial Solutions Inc. (NYSE: BR). WIM is using Broadridge’s technology platform to support the administration of WIM’s proprietary voting service and vote processing.
“Broadridge is proud to be the technology partner to WIM’s in‑house voting solution,” said Doug DeSchutter, President of Broadridge’s Investor Communications Solutions business. “Our custom policy engine delivers independent data and research, as well as the flawless vote execution required by world class wealth management firms like WIM.”
“WIM remains steadfast in our commitment to delivering value to clients, empowering them with the tools and resources necessary for successful and engaged investing. We are proud to set new standards for stewardship and client service, and we’re dedicated to providing innovative and effective solutions,” said Cronk.
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About Wealth & Investment Management
Wealth & Investment Management (WIM) offers financial products and services through bank and brokerage affiliates of Wells Fargo & Company and is one of the largest wealth managers in the U.S., with $2.5 trillion in client assets. WIM provides personalized wealth management, brokerage, wealth planning, lending, private banking, trust, and fiduciary products and services to affluent, high‑net worth, and ultra‑high‑net worth clients. WIM operates through advisors in Wells Fargo Advisors, independent brokerage offices, and digitally through Intuitive Investor® and WellsTrade®. Private Wealth is an exclusive and personalized service and product offering for qualifying clients of Wealth & Investment Management (WIM).
Bank products and services are available through Wells Fargo Bank, N.A. Wells Fargo Bank, N.A., is a bank affiliate of Wells Fargo & Company.
Investment products services are offered through Wells Fargo Advisors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker‑dealers and non‑bank affiliates of Wells Fargo & Company. WellsTrade® and Intuitive Investor® brokerage accounts are offered through Wells Fargo Clearing Services LLC.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
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