Wells Fargo moves wealth management unit to West Palm Beach, Florida

Name: Wells Fargo moves wealth management unit to West Palm Beach, Florida
Uploaded: 2026-01-21T19:55:06Z
Duration: 42 s
Description: Lauren Simonetti reports that Wells Fargo is relocating its wealth management headquarters to West Palm Beach, Florida, renting 50,000 square feet of office space for senior employees. This move reflects a broader trend of wealth shifting from New York to Florida, a migration that could intensify if California's proposed wealth tax passes.

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Lauren Simonetti reports that Wells Fargo is relocating its wealth management headquarters to West Palm Beach, Florida, renting 50,000 square feet of office space for senior employees. This move reflects a broader trend of wealth shifting from New York to Florida, a migration that could intensify if California's proposed wealth tax passes.