Wells Fargo Advisors
Wells Fargo Advisors Overview
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Wells Fargo Advisors reviews show a 1.0 star rating from 1 customer review; consumers are mostly dissatisfied and report slow TOD payouts and persistent account issues.
Key Takeaways for Future Customers
- Expect delays with TOD payouts and follow-up on residual account closures.
- Document requests in writing and escalate if customer service is unresponsive.
- Consider alternatives like SCHWAB based on this reviewer recommendation.
Negative Feedback / Risk Areas
- Customer complaints about slow processing of death beneficiary payouts.
- Allegations of accounts kept open with small residual balances.
- Poor responsiveness from advisors and support teams on payout requests.
Positive Feedback
No positive feedback was provided in the available review.
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Wells Fargo Advisors reviews show a 1.0 star rating from 1 customer review; consumers are mostly dissatisfied and report slow TOD payouts and persistent account issues.
Key Takeaways for Future Customers
- Expect delays with TOD payouts and follow-up on residual account closures.
- Document requests in writing and escalate if customer service is unresponsive.
- Consider alternatives like SCHWAB based on this reviewer recommendation.
Negative Feedback / Risk Areas
- Customer complaints about slow processing of death beneficiary payouts.
- Allegations of accounts kept open with small residual balances.
- Poor responsiveness from advisors and support teams on payout requests.
Positive Feedback
No positive feedback was provided in the available review.
Turn one complaint into a collective action
This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ
Verified Reviewer
Advisor slow-walked TOD payouts after account owner died, kept accounts open to pad his numbers
- - Wells Fargo Toco Hills in Decatur, GA oversees a TOD for beneficiaries.
- - She died in Oct; payouts began Thanksgiving; TOD stays open with residuals.
I have an elderly relative who lived in Decatur, Georgia, and invested a significant amount of her retirement savings with an investment advisor at the Toco Hills Branch of Wells Fargo. Her account was Transferable On Death (TOD) with several relatives named as beneficiaries.
She passed away early last October. The first payout did not occur until Thanksgiving. The last payout did not occur until Martin Luther King Day (January 2026.) Actually, the "last" payout has not occurred yet, because the account is still open! I am still getting statements with a residual amount showing in the account, which has yet to be closed out!
In addition, the account that was opened for me (against my wishes) to accomplish the "TOD" is also still open, again with a tiny residual amount. It has not been closed, despite multiple requests in writing. I have elevated the complaint and been given a reference number for a payout request on "my" account, but the original TOD account still hasn't been dealt with. They are clearly just keeping these accounts open and letting them languish with nominal amounts in them to pad their numbers.
Wells Fargo's horrible reputation for shafting consumers is well earned.
I am only sorry for my poor relative who put her trust in these crooks. STAY AWAY FROM WELLS FARGO FINANCIAL ADVISORS!!!
- Lack of response to customers
- Deliberately slow-walking payouts to pad their own portfolios
- Failure to pay out tod accounts
User's recommendation: Stay away from these crooks! SCHWAB is a million times better.
Brands Related to Wells Fargo Advisors
Companies Similar to Wells Fargo Advisors
Rey Financial Group
Raymond James
“The Xbox is no longer worth the money or the time for anybody to play. I suggest PlayStation 5 or...“
Merrill Edge
“Very professional and knowledgeable Customer Service Representative. Worked done was very efficient,“
Charles Schwab
“Call was dropped and couldnt finish conversation. Will try online later. Had trouble hearing the...“
Thank You for Your Reply! We are processing your message.
Your comment is successfully posted.
best advice seek legal advice believe me wells fargo can careless about helping you, if someone claims they will they are lying that includes any exec or so called management