Wayne, PA W Lancaster Ave Office

Team
Updated today
Wells Fargo Clearing logo

Wells Fargo Clearing

Institution

Firm-wide stats for Wells Fargo Clearing

Total advisors

14,104

Across 1,514 offices

Clients per advisor

92 Typical

Avg AUM per client

$475,575 High

HNW client ratio

50% Very High

About

Wells Fargo Advisors is a national securities firm that provides investment advisory services, financial planning, wrap‑fee programs and retirement plan consulting to individual, corporate and institutional clients, including pension and charitable organizations. The firm operates at large scale—reporting roughly $671 billion in assets under management and more than 14,000 financial advisors—and offers both brokerage and advisory solutions.

For retirement plans it offers a mix of non‑discretionary consulting and discretionary Plan Level Investment Selection 3(38) services, along with IPS development, investment search and recommendation, benchmarking, participant education and periodic performance reporting. The firm relies on research and analytics from Wells Fargo Investment Institute and third‑party databases and generally evaluates managers and options using diversification principles and modern portfolio theory, while noting that available investment options are typically limited to a plan’s custodian platform.

A noteworthy operational feature is the firm’s role in distributing and facilitating a range of other financial products through bank and insurance affiliates—such as deposit sweep options, lending and trustee services, and insurance/annuity arrangements—and the Form ADV discloses referral and product‑related compensation that can affect advisor incentives. The brochure also discloses several recent regulatory enforcement actions and settlements related to cash sweep disclosures, advisory billing and supervisory controls, which are material considerations for prospective clients.

Based on Wells Fargo Clearing

Occupation focus

Retired Founder/Business Owner

Based on Wells Fargo Clearing

Location

702 W Lancaster Ave

Wayne PA 19087

Advisors at this office

4

Advisors at this office

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Shawn P

Series 63, Series 66

Wayne, PA

Wells Fargo Clearing

Shawn Pearson is a financial advisor with Wells Fargo Clearing in Wayne, PA, holding Series 63 and Series 66 credentials and 22 years of industry experience. He previously worked at PNC Investments LLC for four years before joining Wells Fargo Clearing in 2018. Outside of his advisory role, he co-owns KLHS Capital Management with his spouse. Wells Fargo Advisors is a national securities firm serving individual, corporate, and institutional clients by providing investment advisory services, financial planning, and retirement plan consulting. The firm manages approximately $671 billion in assets and offers both brokerage and advisory solutions through a large network of financial advisors.

Retired Founder/Business Owner
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Michael G

Series 66

Wayne, PA

Wells Fargo Clearing

Michael Germana is a financial advisor with Wells Fargo Clearing in Wayne, PA, holding a Series 66 designation and 16 years of industry experience. His prior roles include positions at LPL Financial LLC, Tompkins Trust Company, Citizens Securities, Inc., and Merrill. Outside of his advisory work, he is involved as a landlord in a rental property business. Wells Fargo Advisors is a national securities firm serving individual, corporate, and institutional clients by providing investment advisory services, financial planning, wrap-fee programs, and retirement plan consulting. The firm manages approximately $671 billion in assets and employs over 14,000 financial advisors, offering both brokerage and advisory solutions.

Retired Founder/Business Owner
user avatar

David M

Series 63, Series 65

Wayne, PA

Wells Fargo Clearing

David Mastro is a financial advisor at Wells Fargo Clearing with 15 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Wells Fargo Clearing since 2017, following previous roles at Key Bank, Key Investment Services LLC, LPL Financial, and PRUCO Securities. He also holds power of attorney for his spouse in investment-related matters. Wells Fargo Advisors is a national securities firm serving individual, corporate, and institutional clients with investment advisory, financial planning, wrap-fee programs, and retirement plan consulting, managing approximately $671 billion in assets with over 14,000 financial advisors.

Retired Founder/Business Owner
user avatar

James S

ChFC®, Series 63, Series 66

Wayne, PA

Wells Fargo Clearing

James Stretch III is a financial advisor with Wells Fargo Clearing based in Wayne, PA. He holds the ChFC® designation and Series 63 and 66 licenses, with 17 years of industry experience. His prior work includes roles at Nationwide Investment Services Corp and Prudential Insurance Company of America, among others. Wells Fargo Advisors is a national securities firm serving individual, corporate, and institutional clients with investment advisory services, financial planning, and retirement plan consulting. The firm uses research and analytics to evaluate investment options and offers both brokerage and advisory solutions across a substantial platform.

Retired Founder/Business Owner
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